Cheap Apartments for Rent in Lake Balboa, CA from $500 (116 Rentals)

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

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.

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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Mission Gateway
Studio to 4 Bedroom Apartments

Mission Gateway

8811 Sepulveda BlvdNorth Hills, CA 91343
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Malden Apartments
Studio to 1 Bedroom Apartments

Malden Apartments

18321 Malden StNorthridge, CA 91325
  • Smoke Free
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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
  • Utilities Included
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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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Encino Terrace
Studio to 3 Bedroom Apartments

Encino Terrace

5130 Yarmouth AveEncino, CA 91316
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6857 Haskell Ave
Studio to 3 Bedroom Apartments

6857 Haskell Ave

6857 Haskell AveVan Nuys, CA 91406

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.

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14660 Delano St
1 Bedroom Apartments

14660 Delano St

14660 Delano StVan Nuys, CA 91411
  • Utilities Included
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14603 Delano St
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
  • Utilities Included
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Chase Apartments
Studio Apartments

Chase Apartments

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

14632 Magnolia Blvd

14632 Magnolia BlvdSherman Oaks, CA 91403
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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16016 Vanowen St
1 Bedroom Apartments

16016 Vanowen St

16016 Vanowen StVan Nuys, CA 91406
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Crossings on Amigo
Studio to 1 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
1 to 2 Bedroom Apartments

18444 Collins St

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

6701 Haskell Ave

6701 Haskell AveVan Nuys, CA 91406
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Collins East Apartments
Studio to 1 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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Vose apartments
1 Bedroom Apartments

Vose apartments

15705 Vose StVan Nuys, CA 91406
  • Utilities Included

Los Angeles's Best Affordable Neighborhoods

Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

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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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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 1 Bed unit found at 14333 Friar Street in the Antelope Valley neighborhood priced from $940. Meridian Pointe Apartments in the North San Fernando Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Lake Balboa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
14333 Friar Street1BR/1.0BA1BR,1BA$940
Meridian Pointe ApartmentsCSUN Student Studio Apartment with Shared BathroomStudio,1BA$1,175
San Regis ApartmentsStudio (Bond)Studio,1BA$1,325
Summer Breeze ApartmentsExecutive StudioStudio,1BA$1,345
8742 Orion0x1Studio,1BA$1,350
Tarzana CourtyardMedium StudioStudio,1BA$1,361
Tahitian Village ApartmentsTahitian Village - StudioStudio,1BA$1,371
Diamond PointeStudioStudio,1BA$1,450
17801 Sherman Way,0x1Studio,1BA$1,450

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

As of July 02, 2025 the best value apartment in the Lake Balboa area is the $0.63 price per square foot 14431 1/2 Califa St Model at 14431 1/2 Califa St, Unit 14431 1.5 in the in the Antelope Valley neighborhood starting from $1,495. The second greatest value Lake Balboa apartment is the 3BR/2.0BA Model at 6643 Haskell Avenue starting at $2,498 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.
14431 1/2 Califa St, Unit 14431 1.514431 1/2 Califa St1BR,1BA$0.63
6643 Haskell Avenue3BR/2.0BA3BR,2BA$1.85
6651 Haskell Ave2BR/2.0BA2BR,2BA$1.75
Casa Bella Apartments2 Bedroom 2 Bath2BR,2BA$1.86
Gables East2 Bed 2 Bath2BR,2BA$2.00
14149 Vanowen St, Unit 514149 Vanowen St1BR,1BA$1.76
Regency Apartments1 Bed1BR,1BA$1.83
Sun TerraceLarge Loft1BR,1BA$2.03
14822 W Magnolia Blvd, Unit 10314822 W Magnolia Blvd1BR,1BA$1.76
14333 Friar Street1BR/1.0BA1BR,1BA$1.43

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lake Balboa, CA

Ranked #51

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

View MapLake Balboa, CA Apartments MapView MapLake 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

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 Meridian Pointe 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 $940 at 14333 Friar Street.

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 $1,995 at Magnolia Blvd 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 6643 Haskell Avenue and starts from $2,498.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.