Cheap Homes for Rent in Lake Balboa, CA from $1,000 (108 Rentals)

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property at 15203 Valerio St

15203 Valerio St

Van NuysCA91405

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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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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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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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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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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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 Summer Breeze Apartments in the North Hills neighborhood priced from $1,345. 8742 Orion 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
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
TARZANA 61700BR/1.0BAStudio,1BA$1,413
Diamond PointeStudioStudio,1BA$1,450
Southoaks Pointe ApartmentsStudioStudio,1BA$1,475
San Regis ApartmentsStudioStudio,1BA$1,491
Sepulveda Manhattan ApartmentsStudioStudio,1BA$1,495
14636-14638 Moorpark St1 Bed, 1 bath1BR,1BA$1,500

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

As of August 03, 2025 the best value apartment in the Lake Balboa area is the $1.90 price per square foot 2BR/2.0BA Model at 5235 Kester Ave in the in the Woodley neighborhood starting from $2,648. The second greatest value Lake Balboa apartment is the 3BR/2.0BA Model at 6651 Haskell Ave 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.
5235 Kester Ave2BR/2.0BA2BR,2BA$1.90
6651 Haskell Ave3BR/2.0BA3BR,2BA$1.85
15755 Saticoy StTwo Bedroom, Two Bath with w/d hookups2BR,2BA$2.08
La Croix Apartments2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.62
6643 Haskell Avenue2BR/2.0BA2BR,2BA$1.71
6310 Sylmar Ave2BR/2.0BA2BR,2BA$1.67
4378 Sepulveda Blvd2BR/2.0BA2BR,2BA$2.05
14149 Vanowen St, Unit 514149 Vanowen St1BR,1BA$1.71
Cedros ApartmentsExecutive 1 Bedroom1BR,1BA$2.05
Sun TerraceLarge Loft1BR,1BA$2.03

Quick Rent Budget Calculator

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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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Frequently Asked Questions about Lake Balboa

What type of rentals are currently available in Lake Balboa?

There are currently 2949 Apartments for Rent in Lake Balboa, CA with pricing that ranges from $1,200 to $12,500. There are also 495 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Balboa ranging from $1,000 to $69,995.

What is the current price range for Rental Homes in Lake Balboa?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Balboa ranges from $1,000 to $69,995 with an average monthly rent of $17,341.

How much are larger Three and Four Bedroom Rentals in Lake Balboa?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Balboa range from $2,595 to $4,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $15,000. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $4,500.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.