
Cheap Homes for Rent in Rancho Penasquitos Neighborhood of San Diego, CA from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Rancho Penasquitos area of San Diego.


10978 Caminito Arcada, Unit 1st Floor

10337 Azuaga St, Unit 223

11031 Via Parma

10307 Azuaga St

10750 Sabre Hill Dr

10349 Azuaga St
Rancho Penasquitos, San Diego, CA Local Guide

How much does it cost to rent a home in Rancho Penasquitos?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rancho Penasquitos 2 Bedroom Homes for Rent | $2,841 | $1,000 | $3,800 |
Rancho Penasquitos 3 Bedroom Homes for Rent | $3,742 | $3,350 | $4,100 |
Rancho Penasquitos 4 Bedroom Homes for Rent | $6,169 | $4,695 | $8,500 |
Rancho Penasquitos 5 Bedroom Homes for Rent | $7,979 | $5,750 | $10,000+ |
Rancho Penasquitos 6 Bedroom Homes for Rent | $42,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Rancho Penasquitos Neighborhood of San Diego, CA.
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Rancho Penasquitos, San Diego, CA Local Guide
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Cheapest Available Rancho Penasquitos Apartments for Rent
 The cheapest available apartment rental in the Rancho Penasquitos area of San Diego, CA is a 1 Bed unit found at Penasquitos Point priced from $2,174. The Hills has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,215. Here are the most affordable Rancho Penasquitos apartments for rent in San Diego, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Penasquitos Point | Cerritos | 1BR,1BA | $2,174 |
The Hills | The Sierras | 2BR,1BA | $2,215 |
The Villas at Camino Bernardo | Palmilla | 1BR,1BA | $2,350 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of March 29, 2025 the best value apartment in the Rancho Penasquitos area is the $3.27 price per square foot C1 Model at Merge 56 in the in the Torrey Highlands neighborhood starting from $4,293. The second greatest value Rancho Penasquitos apartment is the 2 Bedroom 2 Bath B Renovated Model at Sofi Westview starting at $3,631 with a $3.15 price per square foot in the Mira Mesa neighborhood. Here is today’s list of the best values for Rancho Penasquitos apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Merge 56 | C1 | 3BR,2.5BA | $3.27 |
Sofi Westview | 2 Bedroom 2 Bath B Renovated | 2BR,2BA | $3.15 |
The Hills | The Cuyamacas | 3BR,2BA | $3.04 |
Sofi Canyon Hills | 2B2B-B (Upgraded) | 2BR,2BA | $3.14 |
Montierra | Laguna | 2BR,2BA | $2.99 |
Canyon Rim Apartments | C1 Market Rate | 3BR,2BA | $3.18 |
10796 Sabre Hill Dr | 10796 Sabre Hill Dr | 2BR,2BA | $2.84 |
Rancho Villas | Two Bedroom | 2BR,1BA | $3.13 |
Penasquitos Point | Cerritos | 1BR,1BA | $2.97 |
The Villas at Camino Bernardo | Palmilla | 1BR,1BA | $3.34 |
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Frequently Asked Questions about Rancho Penasquitos
What type of rentals are currently available in Rancho Penasquitos?
There are currently 41 Apartments for Rent in Rancho Penasquitos, CA with pricing that ranges from $2,183 to $6,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Penasquitos ranging from $1,000 to $42,000.
What is the current price range for Rental Homes in Rancho Penasquitos?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rancho Penasquitos ranges from $1,000 to $42,000 with an average monthly rent of $10,780.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.