Cheap Apartments for Rent in the Lower Peters Canyon Neighborhood of Irvine, CA from $1,800 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lower Peters Canyon area of Irvine.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Enzo
Rent Specials
$2,854 - $5,413
Total Monthly Price

Total Monthly Price

Base Rent
$2,854 - $5,413
Total Monthly Price
$2,854 - $5,413
Studio to 2 Bedroom Apartments Available Now

Enzo

3100 MartinIrvine, CA 92612
Student Housing
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NOVA
Rent Specials
$2,995 - $5,430
Total Monthly Price

Total Monthly Price

Base Rent
$2,995 - $5,430
Total Monthly Price
$2,995 - $5,430
Studio to 2 Bedroom Apartments Available Now

NOVA

18130 Derian AveIrvine, CA 92614
Furnished
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Broadstone Edition
$3,000 - $4,974
Total Monthly Price

Total Monthly Price

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$3,000 - $4,974
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Broadstone Edition

1100 SteelyIrvine, CA 92614
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Aurum
Rent Specials
$3,083 - $6,523
Total Monthly Price

Total Monthly Price

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$3,083 - $6,523
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Varies
Studio to 2 Bedroom Apartments Available Now

Aurum

2055 Main StIrvine, CA 92614
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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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Rafferty
Rent Specials
$2,340 - $9,745
Total Monthly Price

Total Monthly Price

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$2,340 - $9,745
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Rafferty

401 N Main StSanta Ana, CA 92701
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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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Park Newport
Rent Specials
$2,529 - $4,931
Total Monthly Price

Total Monthly Price

Base Rent
$2,529 - $4,931
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Studio to 3 Bedroom Apartments Available Now

Park Newport

1 Park NewportNewport Beach, CA 92660
Corporate Housing
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Jefferson Cenza
Rent Specials
$2,529 - $3,574
Total Monthly Price

Total Monthly Price

Base Rent
$2,529 - $3,574
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Studio to 3 Bedroom Apartments Available Now

Jefferson Cenza

505-535 W Crowther AvePlacentia, CA 92870
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Broadstone Atlas
Rent Specials
$2,554 - $4,831
Total Monthly Price

Total Monthly Price

Base Rent
$2,554 - $4,831
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Broadstone Atlas

2590 Red Hill AveSanta Ana, CA 92705
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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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Lower Peters Canyon, Irvine, CA Local Guide

Cheapest Available Lower Peters Canyon Apartments for Rent

 

The cheapest available apartment rental in the Lower Peters Canyon area of Irvine, CA is a Studio unit found at City Plaza priced from $1,855. Horizon has the second lowest priced unit, which is a Studio apartment currently listed from $1,878. Here are the most affordable Lower Peters Canyon apartments for rent in Irvine, CA:

Apartment ListingModel NameBed/BathPriced From
City PlazaStudioStudio,1BA$1,855
HorizonStudioStudio,1BA$1,878
888 on MainL5Studio,1BA$2,059
Pacifica Place at Irvine SpectrumPlan 1 - Income RestrictedStudio,1BA$2,095
The Trinidad Apartments1 Bedroom/ 1 Bathroom1BR,1BA$2,200
Meridian at The Market PlacePlan 1Studio,1BA$2,300
Heritage PointPlan A1BR,1BA$2,350
The Aspens FairhavenAspen1BR,1BA$2,350
The Village at Irvine SpectrumDel Rey - Plan 104Studio,1BA$2,350
Vita Apartment HomesVivo- S1Studio,1BA$2,396

Best Value Apartments for Rent in Lower Peters Canyon, CA

As of August 13, 2026 the best value apartment in the Lower Peters Canyon area is the $3.26 price per square foot C2A Model at The Residences on Jamboree in the in the Westpark neighborhood starting from $4,652. The second greatest value Lower Peters Canyon apartment is the Residence 1A Model at The Carlyle starting at $4,060 with a $3.17 price per square foot in the UC Irvine neighborhood. Here is today’s list of the best values for Lower Peters Canyon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences on JamboreeC2A3BR,2BA$3.26
The CarlyleResidence 1A2BR,2BA$3.17
Nineteen012 Bed / 2 Bath2BR,2BA$3.16
Solana Apartment HomesPlan K1BR,1BA$2.97
The CartwrightB12BR,2BA$3.37
City PlazaTwo Bedrooms2BR,2BA$2.68
Pacific Woods Apartment Homes2 Bed 1 Bath A Location2BR,1BA$2.98
Sierra Vista Apartment HomesPlan 41BR,1BA$3.12
RaffertyA61BR,1BA$3.36
Horizon1 Bed - 1 Bath1BR,1BA$3.07

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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lower Peters Canyon, Irvine, CA

Ranked #2

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lower Peters Canyon, Irvine, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap Lower Peters Canyon Apartments

What is the Cheapest Studio apartment in Lower Peters Canyon?

Currently the most affordable Cheap Studio Apartment in Lower Peters Canyon is at 888 on Main listed at $2,059.

How much is rent for a Cheap One Bedroom Lower Peters Canyon Apartment?

The lowest price for a Cheap One Bedroom Lower Peters Canyon Apartment is $2,130 at 888 on Main.

What is the lowest price for a Cheap Two Bedroom Lower Peters Canyon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lower Peters Canyon is starting from $2,575 at City Plaza.

What is the most affordable Lower Peters Canyon Three Bedroom Apartment?

The best deal on a cheap Lower Peters Canyon Three Bedroom Apartment rental is at Rancho Santa Fe Apartment Homes and starts from $4,250.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.