Cheap Apartments for Rent in the Balboa Terrace Neighborhood of San Francisco, CA from $600 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Balboa Terrace area of San Francisco.

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1100 Ocean Avenue
Studio to 3 Bedroom Apartments

1100 Ocean Avenue

1100-1140 Ocean AveSan Francisco, CA 94112
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1567 19th Ave
Studio to 1 Bedroom Apartments

1567 19th Ave

1567 19th AveSan Francisco, CA 94122
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Hillcrest Gardens
1 Bedroom Apartments

Hillcrest Gardens

35 Hillcrest DrDaly City, CA 94014
Senior Living

San Francisco's Best Affordable Neighborhoods

Learn about San Francisco and the best places to live with original content written by our San Francisco, CA Local Expert Shannon Hilson

Balboa Terrace, San Francisco, CA Local Guide

Cheapest Available Balboa Terrace Apartments for Rent

 

The cheapest available apartment rental in the Balboa Terrace area of San Francisco, CA is a Studio unit found at Westlake Apartments priced from $1,885. Lakewood Apartments At Lake Merced has the second lowest priced unit, which is a Studio apartment currently listed from $2,199. Here are the most affordable Balboa Terrace apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
Westlake ApartmentsS2-PStudio,1BA$1,885
Lakewood Apartments At Lake MercedStudio XStudio,1BA$2,199
Mt. Sutro ApartmentsStudioStudio,1BA$2,295
460 Monterey Boulevard1 Bedroom Apt1BR,1BA$2,595
Parkmerced1 Bed High Rise1BR,1BA$2,625

Best Value Apartments for Rent in Balboa Terrace, CA

As of April 30, 2025 the best value apartment in the Balboa Terrace area is the $3.92 price per square foot 3 Bed 2.5 Bath Townhome Model at Parkmerced in the in the Sunnyside neighborhood starting from $5,496. The second greatest value Balboa Terrace apartment is the 380 Monterey Blvd #205 Model at 380 Monterey Blvd #205 starting at $3,800 with a $4.26 price per square foot in the Sunnyside neighborhood. Here is today’s list of the best values for Balboa Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkmerced3 Bed 2.5 Bath Townhome3BR,2.5BA$3.92
380 Monterey Blvd #205380 Monterey Blvd #2052BR,2BA$4.26
4742 Mission St, Unit 1034742 Mission St2BR,1BA$2.17
Fifteen FiftyStudio / 1 BathroomStudio ,1BA$4.55
4709 Mission St, Unit A4709 Mission St3BR,1BA$4.60
Lakewood Apartments At Lake Merced1Bed 1 Bath #11BR,1BA$4.63
460 Monterey Boulevard1 Bedroom Apt1BR,1BA$4.33
96 Crestline1 bedroom ; 1 bath1BR,1BA$5.39
Mt. Sutro ApartmentsStudioStudio ,1BA$4.79
Westlake ApartmentsS1-EStudio ,1BA$4.84

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Pet Friendly Lifestyle
Balboa Terrace, San Francisco, CA

Ranked #120

Among neighborhoods in San Francisco, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Balboa Terrace Neighborhood in San Francisco, CA

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

70 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Balboa Terrace Apartments

What is a cheap apartment in Balboa Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Balboa Terrace is under $2,740.

What is the price of a cheap apartment in Balboa Terrace?

The cheapest apartment in Balboa Terrace is Westlake Apartments which is listed at $2,110, while the average apartment in Balboa Terrace costs $7,874.

What types of apartments are the cheapest in Balboa Terrace?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Balboa Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Balboa Terrace?

Cheap apartments in Balboa Terrace have an average cost of $142 which is $7,732 cheaper than the average rent for all rentals in Balboa Terrace.

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.

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