Cheap Apartments for Rent in Lake Balboa, CA from $1,000 (462 Rentals)

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

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Toscana Apartments
1 to 2 Bedroom Apartments

Toscana Apartments

15736 Vanowen StLake Balboa, CA 91406
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14210 Sylvan St, Unit 2
$1,395
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$1,395
Total Monthly Price
$1,395
Studio Apartment Available Now

14210 Sylvan St, Unit 2

14210 Sylvan StVan Nuys, CA 91401
Affordability

LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area

Get more breathing room without compromising proximity to LA. Our Los Angeles local expert breaks down the best neighboring cities for renting more affordable apartments with easier commutes.

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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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Los Angeles Essential Guide: Finding Rentals Near LA's Biggest Job Hubs

Working at LAX, Disney, UCLA, or Kaiser Permanente? We detail the best LA neighborhoods—from Westchester to Magnolia Park—to help you find a rental and eliminate your commute.

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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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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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Lake Balboa, CA Local Guide

Cheapest Available Lake Balboa Apartments for Rent

 

The cheapest available apartment rental in Lake Balboa, CA is a Studio unit found at 14617 Gilmore St in the Antelope Valley neighborhood priced from $1,295. 9121 Orion Ave in the North Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable Lake Balboa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
14617 Gilmore St0 Beds, 1 BathsStudio,1BA$1,295
9121 Orion AveStudioStudio,1BA$1,350
9216 Van Nuys BlvdStudioStudio,1BA$1,350
8742 Orion0x1Studio,1BA$1,350
Tarzana CourtyardMedium StudioStudio,1BA$1,361
The Rose ApartmentsDrake: Shared Renovated StudioStudio,1BA$1,395
Terrace Pointe ApartmentsStudioStudio,1BA$1,400
14716 Magnolia BlvdStudioStudio,1BA$1,400
Tahitian Village ApartmentsStudioStudio,1BA$1,450

Best Value Apartments for Rent in Lake Balboa, CA

As of August 24, 2026 the best value apartment in the Lake Balboa area is the $1.13 price per square foot 2 bed/ 2 bath Model at 16015 Vanowen St in the in the West Van Nuys neighborhood starting from $2,150. The second greatest value Lake Balboa apartment is the 2BR/2.0BA Model at 5235 Kester Ave starting at $2,495 with a $1.89 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.
16015 Vanowen St2 bed/ 2 bath2BR,2BA$1.13
5235 Kester Ave2BR/2.0BA2BR,2BA$1.89
Clear Valley Apartments1BR/1BA1BR,1BA$1.66
14616 Magnolia Blvd2 Bed + 1 Bath2BR,1BA$2.00
6651 Haskell Ave2BR/2.0BA2BR,2BA$1.58
Gables East2 Bed 2 Bath2BR,2BA$2.00
7437 Haskell AvenueModern 1 Bed + 1 Bath1BR,1BA$1.88
VictoryOne Bedroom apartment1BR,1BA$2.00
14825 Erwin St, Unit 10214825 Erwin St1BR,1BA$2.00
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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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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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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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 14617 Gilmore St listed at $1,295.

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

The lowest price for a Cheap One Bedroom Lake Balboa Apartment is $1,495 at 8742 Orion.

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 $1,898 at 6651 Haskell Ave.

What is the most affordable Lake Balboa Three Bedroom Apartment?

The best deal on a cheap Lake Balboa Three Bedroom Apartment rental is at Sylmar Apartments and starts from $2,600.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.