
Cheap Apartments for Rent in the Balboa Terrace Neighborhood of San Francisco, CA from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Balboa Terrace area of San Francisco.


33 Ora Way

1612 45th Ave

988 Corbett Ave

101 Urbano Dr

4742 Mission St, Unit 103
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

170 Sagamore St

40 Vista Grande Ave

Westlake Apartments
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

How much does it cost to rent an apartment in Balboa Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Balboa Terrace Studio Apartments | $2,713 | $1,885 | $4,951 |
Balboa Terrace 1 Bedroom Apartments | $2,882 | $900 | $5,400 |
Balboa Terrace 2 Bedroom Apartments | $4,311 | $1,731 | $9,250 |
Balboa Terrace 3 Bedroom Apartments | $5,535 | $2,990 | $7,318 |
Balboa Terrace 4 Bedroom Apartments | $7,874 | $7,750 | $7,999 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Balboa Terrace Neighborhood of San Francisco, CA.
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Balboa Terrace, San Francisco, CA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Westlake Apartments | S2-P | Studio,1BA | $1,885 |
Lakewood Apartments At Lake Merced | Studio X | Studio,1BA | $2,199 |
Mt. Sutro Apartments | Studio | Studio,1BA | $2,295 |
460 Monterey Boulevard | 1 Bedroom Apt | 1BR,1BA | $2,595 |
Parkmerced | 1 Bed High Rise | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkmerced | 3 Bed 2.5 Bath Townhome | 3BR,2.5BA | $3.92 |
380 Monterey Blvd #205 | 380 Monterey Blvd #205 | 2BR,2BA | $4.26 |
4742 Mission St, Unit 103 | 4742 Mission St | 2BR,1BA | $2.17 |
Fifteen Fifty | Studio / 1 Bathroom | Studio ,1BA | $4.55 |
4709 Mission St, Unit A | 4709 Mission St | 3BR,1BA | $4.60 |
Lakewood Apartments At Lake Merced | 1Bed 1 Bath #1 | 1BR,1BA | $4.63 |
460 Monterey Boulevard | 1 Bedroom Apt | 1BR,1BA | $4.33 |
96 Crestline | 1 bedroom ; 1 bath | 1BR,1BA | $5.39 |
Mt. Sutro Apartments | Studio | Studio ,1BA | $4.79 |
Westlake Apartments | S1-E | Studio ,1BA | $4.84 |
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Pet Friendly LifestyleBalboa Terrace, San Francisco, CA
Ranked #120
Among neighborhoods in San Francisco, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Balboa Terrace, San Francisco, CA
Sloat (Commodore) Elementary
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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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Written by: Brandie Parton
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.