Cheap Homes for Rent in Lake Balboa, CA from $700 (100 Rentals)

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

property at 17739 Welby Way

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

Studio, 1 Bath Home for Rent

Available Now

17739 Welby Way

ResedaCA91335
property at 8529 Willis Ave

$1,345 - $1,545

Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $1,545
Total Monthly Price
$1,345 - $1,545

Studio To 1 Bedroom Homes for Rent

Available Now

8529 Willis Ave

Panorama CityCA91402

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 7248 Shoshone Ave

$1,390

Total Monthly Price

Total Monthly Price

Base Rent
$1,390
Total Monthly Price
$1,390

Studio, 1 Bath Home for Rent

Available Now

7248 Shoshone Ave

Los AngelesCA91406
property at 18241 Arminta St

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Total Monthly Price
$1,475

5 Bedroom, 3 Bath Home for Rent

Available Now

18241 Arminta St

ResedaCA91335

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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property at 14217 Hatteras St

$1,699

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Total Monthly Price

Base Rent
$1,699
Total Monthly Price
$1,699

Studio, 1 Bath Home for Rent

Available Now

14217 Hatteras St

Van NuysCA91401

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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property at 14638 Calvert St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

14638 Calvert St

Los AngelesCA91411
property at 15412 Kinzie St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

Studio, 1 Bath Home for Rent

Available Now

15412 Kinzie St

North HillsCA91343

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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property at 17815 Prairie St

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775
Total Monthly Price
$1,775

Studio, 1 Bath Home for Rent

Available Now

17815 Prairie St

NorthridgeCA91325

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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Showing Results 1-50, Page 1 of 2

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
Tarzana CourtyardMedium StudioStudio,1BA$1,321
San Regis ApartmentsStudio - 50% AMIStudio,1BA$1,325
9216 Van Nuys BlvdStudioStudio,1BA$1,350
KingstonStudioStudio,1BA$1,350
5307 Sepulveda Blvd.0x1Studio,1BA$1,395

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

As of May 19, 2026 the best value apartment in the Lake Balboa area is the $0.75 price per square foot 15221 W Magnolia Blvd Model at 15221 W Magnolia Blvd in the in the Woodley neighborhood starting from $1,200. The second greatest value Lake Balboa apartment is the 2BR/2.0BA Model at 5235 Kester Ave starting at $2,598 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 ListingModel NameBed/BathPrice Per Sq.Ft.
15221 W Magnolia Blvd15221 W Magnolia Blvd1BR,1BA$0.75
5235 Kester Ave2BR/2.0BA2BR,2BA$1.97
6651 Haskell Ave2BR/2.0BA2BR,2BA$2.08
6310 Sylmar Ave2BR/2.0BA2BR,2BA$1.63
8248 Sepulveda PlTwo Bedroom2BR,2BA$2.07
6200 Kester Ave Apartments2BR/2.0BA2BR,2BA$2.03
Gables East2 Bed 2 Bath2BR,2BA$2.00
Nordhoff Apartments1 Bedroom, 1 Bath1BR,1BA$1.95
14133 Calvert St1BR/1.0BA1BR,1BA$2.08
7524 Sepulveda Blvd1/11BR,1BA$1.77

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

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Frequently Asked Questions about Lake Balboa

What type of rentals are currently available in Lake Balboa?

There are currently 2951 Apartments for Rent in Lake Balboa, CA with pricing that ranges from $850 to $10,194. There are also 443 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Balboa ranging from $750 to $59,950.

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 $750 to $59,950 with an average monthly rent of $14,091.

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 $2,690 to $10,194, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,750 to $16,900. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,986.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.