Cheap Apartments for Rent in the Lake Balboa Neighborhood of Van Nuys, CA from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Balboa area of Van Nuys.

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6857 Haskell Ave
Studio to 3 Bedroom Apartments

6857 Haskell Ave

6857 Haskell AveVan Nuys, CA 91406
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16016 Vanowen St
1 Bedroom Apartments

16016 Vanowen St

16016 Vanowen StVan Nuys, CA 91406
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8080 Langdon Ave
Studio to 2 Bedroom Apartments

8080 Langdon Ave

8080 Langdon AveVan Nuys, CA 91406
  • Utilities Included
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6701 Haskell Ave
1 to 2 Bedroom Apartments

6701 Haskell Ave

6701 Haskell AveVan Nuys, CA 91406
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Vose apartments
1 Bedroom Apartments

Vose apartments

15705 Vose StVan Nuys, CA 91406
  • Utilities Included

Los Angeles's Best Affordable Neighborhoods

Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

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Vanowen Apartments
Studio to 2 Bedroom Apartments

Vanowen Apartments

15340-15344 Vanowen StVan Nuys, CA 91406
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15507 Vanowen St
1 Bedroom Apartments

15507 Vanowen St

15507 Vanowen StVan Nuys, CA 91406
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8145 Langdon Ave
Studio to 2 Bedroom Apartments

8145 Langdon Ave

8145 Langdon AveVan Nuys, CA 91406
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6928-6932 Woodley Ave
1 Bedroom Apartments

6928-6932 Woodley Ave

6928-6932 Woodley AveVan Nuys, CA 91406
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Woodley Court
1 to 2 Bedroom Apartments

Woodley Court

6700 Woodley AveVan Nuys, CA 91406
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15405 Vanowen St
1 Bedroom Apartments

15405 Vanowen St

15405 Vanowen StVan Nuys, CA 91406
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Woodley Villas
1 Bedroom Apartments

Woodley Villas

7111 Woodley AveVan Nuys, CA 91406
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White Oak Apartments
Studio to 3 Bedroom Apartments

White Oak Apartments

5139 White Oak AveEncino, CA 91316
  • Utilities Included

Lake Balboa, Van Nuys, CA Local Guide

Cheapest Available Lake Balboa Apartments for Rent

 

The cheapest available apartment rental in the Lake Balboa area of Van Nuys, CA is a 1 Bed unit found at Valerio-15636 priced from $1,650. Concord Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,663. Here are the most affordable Lake Balboa apartments for rent in Van Nuys, CA:

Apartment ListingModel NameBed/BathPriced From
Valerio-156361Bed1Ba1BR,1BA$1,650
Concord Square ApartmentsStudioStudio,1BA$1,663
Terrace Pointe Apartments1 Bedroom1BR,1BA$1,690
Green Court Garden Apartments1 bedroom + 1 bathroom1BR,1BA$1,695
The BrightlyStudio Plan A-3rd Floor~CourtyardStudio,1BA$1,708

Best Value Apartments for Rent in Lake Balboa, CA

As of April 13, 2025 the best value apartment in the Lake Balboa area is the $2.16 price per square foot B4 Model at 6940 Sepulveda in the in the West Van Nuys neighborhood starting from $3,042. The second greatest value Lake Balboa apartment is the 3BR/2.0BA Model at 6643 Haskell Avenue starting at $2,598 with a $1.92 price per square foot in the Woodley neighborhood. Here is today’s list of the best values for Lake Balboa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6940 SepulvedaB42BR,2BA$2.16
6643 Haskell Avenue3BR/2.0BA3BR,2BA$1.92
La Croix Apartments2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.69
White Oak GardensB Floor Plan2BR,2BA$2.31
6651 Haskell Ave2BR/2.0BA2BR,2BA$1.75
7308 Haskell Ave, Unit 137308 Haskell Ave3BR,2BA$2.42
Encino Majestic1 Bed, 1 bath1BR,1BA$2.29
Amanda Regency Apartments1 Bedroom 1 Bathroom1BR,1BA$2.29
Latitude Apartmentsone bedroom1BR,1BA$2.22
Cabrito ApartmentsStudioStudio ,1BA$2.40

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Pet Friendly Lifestyle
Lake Balboa, Van Nuys, CA

Ranked #1

Among neighborhoods in Van Nuys, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Lake Balboa Neighborhood in Van Nuys, CA

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Lake Balboa Apartments

What is a cheap apartment in Lake Balboa?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Balboa is under $1,800.

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

The cheapest apartment in Lake Balboa is Terrace Pointe Apartments which is listed at $1,690, while the average apartment in Lake Balboa costs $2,795.

What types of apartments are the cheapest in Lake Balboa?

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 6 regular apartments in Lake Balboa 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 Lake Balboa?

Cheap apartments in Lake Balboa have an average cost of $116 which is $2,679 cheaper than the average rent for all rentals in Lake Balboa.

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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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.

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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.

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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.

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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.