Cheap Apartments for Rent in Lake Balboa, CA from $500 (111 Rentals)

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

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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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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Mission Gateway
Studio to 4 Bedroom Apartments

Mission Gateway

8811 Sepulveda BlvdNorth Hills, CA 91343
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Malden Apartments
Studio to 2 Bedroom Apartments

Malden Apartments

18321 Malden StNorthridge, CA 91325
  • Smoke Free
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6937 Hazeltine Ave
Studio to 2 Bedroom Apartments

6937 Hazeltine Ave

6937 Hazeltine AveVan Nuys, CA 91405
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5216 Kester Ave
1 to 2 Bedroom Apartments

5216 Kester Ave

5216 Kester AveSherman Oaks, CA 91411
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White Oak Apartments
Studio to 3 Bedroom Apartments

White Oak Apartments

5139 White Oak AveEncino, CA 91316
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Victoria Apartments
Studio to 3 Bedroom Apartments

Victoria Apartments

7817 Reseda BlvdReseda, CA 91335
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9232 Sepulveda Blvd
Studio to 1 Bedroom Apartments

9232 Sepulveda Blvd

9232 Sepulveda BlvdNorth Hills, CA 91343
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Montecito Terraces
1 to 2 Bedroom Apartments

Montecito Terraces

14655 Blythe StPanorama City, CA 91402
Senior Living
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14660 Delano St
1 to 2 Bedroom Apartments

14660 Delano St

14660 Delano StVan Nuys, CA 91411
  • Utilities Included

More Than Just Hollywood: A Local Expert's Deep Dive into LA Living

Moving to Los Angeles? Get an insider's view on desirable neighborhoods like Koreatown, Los Feliz, and NELA, plus crucial insight on LA's vast sprawl and transit.

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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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14603 Delano St
Studio to 2 Bedroom Apartments

14603 Delano St

14603 Delano StVan Nuys, CA 91411
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Saticoy Manor
1 Bedroom Apartments

Saticoy Manor

18535 Saticoy StReseda, CA 91335
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Chase Apartments
Studio to 3 Bedroom Apartments

Chase Apartments

15526 Chase StNorth Hills, CA 91343
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14632 Magnolia Blvd
1 to 2 Bedroom Apartments

14632 Magnolia Blvd

14632 Magnolia BlvdSherman Oaks, CA 91403
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16016 Vanowen St
Studio to 1 Bedroom Apartments

16016 Vanowen St

16016 Vanowen StVan Nuys, CA 91406

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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Essex Suites Apartments
1 to 2 Bedroom Apartments

Essex Suites Apartments

8309 Cedros AvePanorama City, CA 91402
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Crossings on Amigo
Studio to 2 Bedroom Apartments

Crossings on Amigo

7251 Amigo AveReseda, CA 91335
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8080 Langdon Ave
Studio to 2 Bedroom Apartments

8080 Langdon Ave

8080 Langdon AveVan Nuys, CA 91406
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18444 Collins St
Studio to 2 Bedroom Apartments

18444 Collins St

18444 Collins StTarzana, CA 91356
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6701 Haskell Ave
Studio to 2 Bedroom Apartments

6701 Haskell Ave

6701 Haskell AveVan Nuys, CA 91406
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Collins East Apartments
Studio to 2 Bedroom Apartments

Collins East Apartments

18433 Collins StTarzana, CA 91356
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Sun Pointe
Studio to 2 Bedroom Apartments

Sun Pointe

15234 Sunburst StSan Fernando, CA 91343
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The Aventine Apartments
Studio to 2 Bedroom Apartments

The Aventine Apartments

14400 Vose StVan Nuys, CA 91405
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Lake Balboa, CA Local Guide

Cheapest Available Lake Balboa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Balboa, CA is a Studio unit found at The Rose Apartments in the North San Fernando Valley neighborhood priced from $1,175. 77 Fortyfive in the Antelope Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,295. Here is today’s list of the most affordable Lake Balboa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Rose ApartmentsCSUN Student Studio Apartment with Shared BathroomStudio,1BA$1,175
77 FortyfiveBachelorStudio,1BA$1,295
Tahitian Village ApartmentsTahitian Village - StudioStudio,1BA$1,371
Terra Grande Apartments1 Bed, 1 bath1BR,1BA$1,395
Diamond PointeStudioStudio,1BA$1,450
Southoaks Pointe ApartmentsStudioStudio,1BA$1,475
Sepulveda Manhattan ApartmentsStudioStudio,1BA$1,495
Terrace Pointe Apartments1 Bedroom1BR,1BA$1,500

Best Value Apartments for Rent in Lake Balboa, CA and Nearby

As of December 03, 2025 the best value apartment in the Lake Balboa area is the $2.06 price per square foot 2BR/2.0BA Model at Live on the Boulevard Apartments in Sherman Oaks. in the in the Woodley neighborhood starting from $2,995. The second greatest value Lake Balboa apartment is the 2 Bed 2 Bath Model at Magnolia View Apartments starting at $2,595 with a $1.85 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.
Live on the Boulevard Apartments in Sherman Oaks.2BR/2.0BA2BR,2BA$2.06
Magnolia View Apartments2 Bed 2 Bath2BR,2BA$1.85
Palm Terrace3x23BR,2BA$1.95
5235 Kester Ave2BR/2.0BA2BR,2BA$1.93
La Croix Apartments2 Bedroom, One Bath2BR,1BA$1.99
Nordhoff Apartments1 Bedroom, 1 Bath1BR,1BA$2.05
Tarzana GardensA1BR,1BA$2.00
TARZANA 61701BR/1.0BA1BR,1BA$2.06
Cedros ApartmentsExecutive 1 Bedroom1BR,1BA$1.93
Sun TerraceLarge Loft1BR,1BA$2.03

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles

Learn About the Best Neighborhoods to Rent Near College Campuses in Los Angeles, CA | Find Los Angeles Off-Campus Student Housing at ApartmentHomeLiving.com

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Quick Rent Budget Calculator

How much rent can you afford?

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
Lake Balboa, CA

Ranked #42

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Lake Balboa, CA Rentals by Map

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See the most popular apartments and homes in Lake Balboa, CA

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Lake Balboa, CA Apartments Map
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Lake Balboa, CA Rental Homes Map

Getting Around Lake Balboa, CA

Walk Score®

66 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

46 / 100

Some Transit

A few nearby public transportation options

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 Lake Balboa Apartments

What is the Cheapest Studio apartment in Lake Balboa?

Currently the most affordable Cheap Studio Apartment in Lake Balboa is at The Rose Apartments listed at $1,175.

How much is rent for a Cheap One Bedroom Lake Balboa Apartment?

The lowest price for a Cheap One Bedroom Lake Balboa Apartment is $1,395 at Terra Grande Apartments.

What is the lowest price for a Cheap Two Bedroom Lake Balboa Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Balboa is starting from $1,899 at del14831.

What is the most affordable Lake Balboa Three Bedroom Apartment?

The best deal on a cheap Lake Balboa Three Bedroom Apartment rental is at Lan8140 and starts from $2,399.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.