
Cheap Apartments for Rent in Lake Balboa, CA from $500 (121 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Balboa.


Mission Gateway

15708 Rayen St

The Rose Apartments

Summer View Apartment Homes

Amanda Regency Apartments

Margate Apartments

18552-18554 Collins St

Terra Grande Apartments

TARZANA 6170
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.

Studio Village Apartments

Tahitian Village Apartments

Diamond Pointe

15211 Sherman Way

Parthenia Apartments

Southoaks Pointe Apartments

The Palms Apartments

15525 Nordhoff St

Sepulveda Manhattan Apartments

Royal Sepulveda Apartment Homes
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.

14210 Sylvan St

7325 Sepulveda Blvd

14636-14638 Moorpark St

Terrace Pointe Apartments

Saticoy 12 Apartments

La Coruna Senior Apartments

Andalucia Senior Apartments

Malden Apartments

6937 Hazeltine Ave

5216 Kester Ave
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.

White Oak Apartments

Victoria Apartments

9232 Sepulveda Blvd

Montecito Terraces

Tropicana

Royal Pines Apartments

6857 Haskell Ave

14660 Delano St

7503 Hazeltine Ave

14603 Delano St
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.

Saticoy Manor

Chase Apartments

14632 Magnolia Blvd

Essex Suites Apartments

Crossings on Amigo

8080 Langdon Ave

16016 Vanowen St

Vesper Apartments

18444 Collins St

6919 Sepulveda Apartment
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Lake Balboa, CA Local Guide

How much does it cost to rent an apartment in Lake Balboa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Balboa Studio Apartments | $1,874 | $800 | $3,100 |
| Lake Balboa 1 Bedroom Apartments | $2,373 | $1,040 | $5,160 |
| Lake Balboa 2 Bedroom Apartments | $2,916 | $966 | $8,732 |
| Lake Balboa 3 Bedroom Apartments | $3,404 | $2,395 | $10,000+ |
| Lake Balboa 4 Bedroom Apartments | $4,041 | $2,986 | $5,900 |
Browse Top Apartments in Lake Balboa
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Lake Balboa, CA Local Guide
- Nearby Cities
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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. 9216 Van Nuys Blvd in the Stonebridge Place in Sylmar 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Rose Apartments | CSUN Student Studio Apartment with Shared Bathroom | Studio,1BA | $1,175 |
| 9216 Van Nuys Blvd | Studio | Studio,1BA | $1,350 |
| Tarzana Courtyard | Medium Studio | Studio,1BA | $1,361 |
| Terra Grande Apartments | Studio | Studio,1BA | $1,395 |
| 18552-18554 Collins St | studio | Studio,1BA | $1,395 |
| Studio Village Apartments | 1 Bedroom | 1BR,1BA | $1,445 |
| Diamond Pointe | Studio | Studio,1BA | $1,450 |
| Tahitian Village Apartments | Tahitian Village - Studio | Studio,1BA | $1,450 |
| Southoaks Pointe Apartments | Studio | Studio,1BA | $1,475 |
| The Palms Apartments | Studio | Studio,1BA | $1,490 |
Best Value Apartments for Rent in Lake Balboa, CA and Nearby
As of February 25, 2026 the best value apartment in the Lake Balboa area is the $2.10 price per square foot 2 Bedroom 2 Bath Model at White Oak Terrace Apartments in the in the Woodley neighborhood starting from $2,940. The second greatest value Lake Balboa apartment is the B2 Model at 6940 Sepulveda starting at $2,552 with a $1.97 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| White Oak Terrace Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $2.10 |
| 6940 Sepulveda | B2 | 2BR,2BA | $1.97 |
| 6310 Sylmar Ave | 2BR/2.0BA | 2BR,2BA | $1.73 |
| 4378 Sepulveda Blvd | 2BR/2.0BA | 2BR,2BA | $2.01 |
| MPK - The Premier on Moorpark | 1BR/1.0BA | 1BR,1BA | $2.00 |
| La Croix Apartments | 2 Bedroom, One Bath | 2BR,1BA | $2.00 |
| 7524 Sepulveda Blvd | 1/1 | 1BR,1BA | $1.66 |
| 14133 Calvert St | 1BR/1.0BA | 1BR,1BA | $2.08 |
| Tarzana Gardens | A | 1BR,1BA | $2.00 |
| Sun Terrace | Large Loft | 1BR,1BA | $2.07 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleA 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
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Balboa, CA Rentals by Map
See the most popular apartments and homes in Lake Balboa, CA
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 $1,445 at Studio Village 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 $1,895 at Saticoy Street Apartments.
What is the most affordable Lake Balboa Three Bedroom Apartment?
The best deal on a cheap Lake Balboa Three Bedroom Apartment rental is at 18414 Collins St and starts from $2,395.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.