Cheap Apartments for Rent in the Lake Balboa Neighborhood of Los Angeles, CA from $950 (151 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Balboa area of Los Angeles.

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Casa Luna Apartments
1 Bedroom Apartments

Casa Luna Apartments

8155 Langdon AveLos Angeles, CA 91406
  • Utilities Included

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Vanowen Apartments
2 Bedroom Apartments

Vanowen Apartments

15616 Vanowen StLos Angeles, CA 91406
  • Utilities Included

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property at 16008 Bassett St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

Studio, 1 Bath Home for Rent

Available Now

16008 Bassett St

Van NuysCA91406
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7436 Ruffner Ave, Unit ADU
$1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900
1 Bedroom Apartment Available Now

7436 Ruffner Ave, Unit ADU

7436 Ruffner AveVan Nuys, CA 91406
Affordability

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Cheapest Available Lake Balboa Apartments for Rent

 

The cheapest available apartment rental in the Lake Balboa area of Los Angeles, CA is a Studio unit found at Terrace Pointe Apartments priced from $1,400. San Regis Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,539. Here are the most affordable Lake Balboa apartments for rent in Los Angeles, CA:

Apartment ListingModel NameBed/BathPriced From
Terrace Pointe ApartmentsStudioStudio,1BA$1,400
San Regis ApartmentsUpdated Studio - 80% AMIStudio,1BA$1,539
Casa De Milagro0BR/1.0BAStudio,1BA$1,542
The EsplanadeStudioStudio,1BA$1,584
Woodley Gardens1 Bed 1 Bath1BR,1BA$1,600
Saticoy Street ApartmentsComfortable 1 Bed 1 Bath Apartment in Van Nuys1BR,1BA$1,695
15843 Saticoy St1 BR 1 BA1BR,1BA$1,695
7437 Haskell AvenueModern 1 Bed + 1 Bath1BR,1BA$1,695
15925 Victory Blvd1BR/1.0BA1BR,1BA$1,695
Vanowen1BR/1.0BA1BR,1BA$1,725

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 6651 Haskell Ave starting at $1,898 with a $1.58 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
6651 Haskell Ave2BR/2.0BA2BR,2BA$1.58
Encino Palms ApartmentsA Floor Plan2BR,2BA$2.27
7013 Haskell Ave2B 2B2BR,2BA$2.45
Chateau EncinoTwo Bed ~ Two Bath2BR,2BA$2.44
Latitude Apartmentstwo bedroom2BR,2BA$2.09
Chateau W6600The balboa2BR,2BA$2.32
7437 Haskell AvenueModern 1 Bed + 1 Bath1BR,1BA$1.88
Pavillion Apartments1 bed 1 bath Loft1BR,1BA$2.39
15925 Victory Blvd1BR/1.0BA1BR,1BA$2.46

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 Terrace Pointe Apartments listed at $1,400.

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

The lowest price for a Cheap One Bedroom Lake Balboa Apartment is $1,600 at Woodley Gardens.

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 7317 Haskell Avenue and starts from $3,350.

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.

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