Cheap Apartments for Rent in Irvine, CA from $500 (187 Rentals)

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Search the lowest-cost Apartments available for rent right now in Irvine.

property at 11 Leatherwood Way

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

4 Bedroom, 2 Bath Home for Rent

Available Jul 1

11 Leatherwood Way

IrvineCA92612

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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NOVA
Rent Specials
$2,543 - $5,430
Total Monthly Price

Total Monthly Price

Base Rent
$2,543 - $5,430
Total Monthly Price
$2,543 - $5,430
Studio to 2 Bedroom Apartments Available Jul 1

NOVA

17422 Derian AveIrvine, CA 92614
Furnished
  • Verified

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Broadstone Edition
Rent Specials
$2,690 - $4,693
Total Monthly Price

Total Monthly Price

Base Rent
$2,690 - $4,693
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Broadstone Edition

1100 SteelyIrvine, CA 92614
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Irvine, CA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Irvine, CA

Pricing Updated: 06/11/2026

Current apartment rentals in the Irvine, CA area range in price from $1,508 to $12,439 with an overall median price of $4,578. The three Irvine neighborhoods with the lowest median rent pricing are Santiago Hills at $2,495, Turtle Rock at $2,395, and University Park at $1,508. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Irvine Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Santiago Hills$3,607$2,49528
Turtle Rock$4,110$2,395132
University Park$4,242$1,508137
Northpark$4,270$2,125225
Woodbridge$4,270$2,325147
Quail Hill$4,295$2,325262
Oak Creek$4,335$2,325320
Lower Pete's Canyon$4,340$2,120282
Northwood Point$4,340$2,320292
East Irvine$4,345$2,325363

Cheapest Available Irvine Apartments for Rent

 

The cheapest available apartment rental in Irvine, CA is a 1 Bed unit found at Parc Derian in the Westpark neighborhood priced from $1,508. Borchard Apartments in the South Main neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,800. Here is today’s list of the most affordable Irvine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parc DerianWaitlist1BR,1BA$1,508
Borchard Apartments1 Bedroom 1 Bathroom1BR,1BA$1,800
Minnie Apartments1 Bed, 1 bath1BR,1BA$1,800
The Meridian at Laguna Hills - 55+ Active Adult ApartmentsVilla - StudioStudio,1BA$1,895
Newport Village ApartmentsJunior 1 BedroomStudio,1BA$1,959
Castilian and Cordova Apartment HomesCordova A1BR,1BA$2,110
Pacific Pointe1 Bedroom / 1 Bath - Tiled Bathroom1BR,1BA$2,125
Pinewood Apartments1 Bedroom / 1 Bath1BR,1BA$2,125
Missions at Back Bay1 Bedroom1BR,1BA$2,219
Terra at Tustin1 Bedroom / 1 Bath - Ulta1BR,1BA$2,225

Best Value Apartments for Rent in Irvine, CA

As of June 11, 2026 the best value apartment in the Irvine area is the $2.47 price per square foot Townhome Model at Waterstone Garden in the in the Lemon Heights neighborhood starting from $3,454. The second greatest value Irvine apartment is the Waitlist Model at Parc Derian starting at $2,088 with a $1.72 price per square foot in the Westpark neighborhood. Here is today’s list of the best values for Irvine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waterstone GardenTownhome3BR,1.5BA$2.47
Parc DerianWaitlist3BR,2BA$1.72
816 Amigos Way, Unit A816 Amigos Way2BR,2BA$2.71
Baywood Apartment HomesPlan 22BR,2BA$2.75
Park West Apartment HomesPlan 22BR,1BA$2.61
Kenyon PointeFloor Plan Patio2BR,2BA$2.38
Casa Cortez Apartments2 bedroom2BR,1BA$2.55
3400 South Main StreetOne Bedroom One Bath1BR,1BA$2.66
Borchard Apartments1 Bedroom 1 Bathroom1BR,1BA$2.57
Minnie Apartments1 Bed, 1 bath1BR,1BA$2.77

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Irvine Overview

Many people are familiar with Orange County California from magazines, TV shows, and even tourism advertisements. At the same time, one of the most beautiful cities in this area is Irvine, California. One of the largest cities in the Los Angeles metropolitan area, there are people who have been flocking to this beautiful location for years. Given the numerous landmarks, recreation activities, and job opportunities, it is easy to see why. If you would like to take advantage of everything Irvine has to offer, you may be looking for apartments in Irvine.

Why live in Irvine, CA?

There are countless reasons why people choose to live in Irvine California. It is true that the cost of living can be high, however, the weather is beautiful, the people are friendly, and the job opportunities are bountiful. In addition, it is not as expensive to live in Irvine as it is to live in Los Angeles itself. Therefore, a lot of people do decide to live in Irvine and commute to Los Angeles either by car, bus, or train. Finally, Irvine itself is also a cultural melting pot. This has given rise to numerous shopping and dining opportunities in the area.

Irvine, CA
Population: 282,572

Ranked #72

in US Census Population by City

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Best Local Schools in
Irvine, CA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Irvine Apartments

What is a cheap apartment in Irvine?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Irvine is under $2,225.

What is the price of a cheap apartment in Irvine?

The cheapest apartment in Irvine is Parc Derian which is listed at $1,508, while the average apartment in Irvine costs $4,578.

What types of apartments are the cheapest in Irvine?

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 215 regular apartments in Irvine 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 Irvine?

Cheap apartments in Irvine have an average cost of $268 which is $4,310 cheaper than the average rent for all rentals in Irvine.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.