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$1,928 - $3,421Studio to 2 Bedroom Apartments Available Now
Eight 80 Newport Beach
880 Irvine AveNewport Beach, CA 92663
Cheap Apartments for Rent in the Balboa Island Neighborhood of Newport Beach, CA from $1,300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Balboa Island area of Newport Beach.
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Rent Specials
$2,375 - $5,127
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$2,375 - $5,127
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Park Newport
1 Park NewportNewport Beach, CA 92660
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$2,845 - $7,3701 to 3 Bedroom Apartments Available Now
Baywood Apartment Homes
1 Baywood DrNewport Beach, CA 92660
1530 Miramar Dr
Newport BeachCA92661
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$3,040 - $8,125Studio to 3 Bedroom Apartments Available Now
Newport Bluffs Apartment Village
100 VilaggioNewport Beach, CA 92660
926 W Balboa Blvd
Newport BeachCA92661
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$3,675 - $6,8101 to 2 Bedroom Apartments Available Now
Promontory Point Apartment Homes
200 Promontory Dr WNewport Beach, CA 92660
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1 Bedroom Apartments
Seaview Plaza
2800 Pacific View DrNewport Beach, CA 92660
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Studio to 2 Bedroom Apartments
404 E Balboa Blvd
404 E Balboa BlvdNewport Beach, CA 92661
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1 to 3 Bedroom Apartments
The Moana
711 Lido Park DrNewport Beach, CA 92663
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2 to 3 Bedroom Apartments
Bedford Apartments
1731 Bedford LnNewport Beach, CA 92660
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2 Bedroom Apartments
Rutland Apartments
1170 Rutland RdNewport Beach, CA 92660
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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2 Bedroom Apartments
Westview Apartments
737-741 Amigos WayNewport Beach, CA 92660
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2 Bedroom Apartments
1142 Rutland Rd
1142 Rutland RdNewport Beach, CA 92660
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1 to 2 Bedroom Apartments
Bayshore Apartments
2888 Bayshore DrNewport Beach, CA 92663
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1 to 2 Bedroom Apartments
Westcliff
1800-1838 Westcliff DrNewport Beach, CA 92660
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2 Bedroom Apartments
1069 Buckingham Ln
1069 Buckingham LnNewport Beach, CA 92660
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2 Bedroom Apartments
1601-1801 E 15th Street
1601 E 15th StNewport Beach, CA 92663
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
309-3095 Jasmine Ave
Newport BeachCA92625
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$2,170 - $4,510Studio to 3 Bedroom Apartments Available Now
AVA Newport
1765-1765 Santa Ana AveCosta Mesa, CA 92627
1519 Orange Ave
Costa MesaCA92627
1554 Orange Ave, Unit C
1554 Orange Ave
Costa MesaCA92627
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$3,300 - $4,6811 to 2 Bedroom Apartments Available Now
Eastside Haven at 17th
313 E 17th PlCosta Mesa, CA 92627
1612 Orange Ave
Costa MesaCA92627
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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2 to 3 Bedroom Apartments
283 Knox St
283 Knox StCosta Mesa, CA 92627
Showing Results 1-25, Page 1 of 1
Balboa Island, Newport Beach, CA Local Guide
How much does it cost to rent an apartment in Balboa Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa Island Studio Apartments | $2,267 | $1,928 | $4,025 |
| Balboa Island 1 Bedroom Apartments | $3,743 | $2,063 | $7,720 |
| Balboa Island 2 Bedroom Apartments | $4,683 | $2,911 | $10,000+ |
| Balboa Island 3 Bedroom Apartments | $7,064 | $3,995 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Balboa Island Neighborhood of Newport Beach, CA.
See all Apartments in Newport BeachExplore Newport Beach
Balboa Island, Newport Beach, CA Local Guide
- Nearby Newport Beach neighborhoods
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Cheapest Available Balboa Island Apartments for Rent
The cheapest available apartment rental in the Balboa Island area of Newport Beach, CA is a 1 Bed unit found at Eight 80 Newport Beach priced from $2,063. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,376. Here are the most affordable Balboa Island apartments for rent in Newport Beach, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eight 80 Newport Beach | Catalina (A1A-N) | 1BR,1BA | $2,063 |
| Park Newport | Wedge | Studio,1BA | $2,376 |
| AVA Newport | A1 | 1BR,1BA | $2,510 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $2,845 |
| Newport Bluffs Apartment Village | Residencia - Plan 3 | 1BR,1BA | $3,565 |
Best Value Apartments for Rent in Balboa Island, CA
As of July 25, 2026 the best value apartment in the Balboa Island area is the $3.21 price per square foot Plan 2B Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,817. The second greatest value Balboa Island apartment is the Plan S Model at Villas Fashion Island starting at $8,395 with a $6.04 price per square foot in the UC Irvine neighborhood. Here is today’s list of the best values for Balboa Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairway at Big Canyon | Plan 2B | 2BR,2BA | $3.21 |
| Villas Fashion Island | Plan S | 3BR,2BA | $6.04 |
| Colony at Fashion Island | Plan 3 | 2BR,2BA | $3.98 |
| Eastside Haven at 17th | 2x1 A | 2BR,1BA | $4.39 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.39 |
| AVA Newport | B2 | 2BR,1BA | $3.98 |
| Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $4.96 |
| Newport Bluffs Apartment Village | Residencia - Plan 3 | 1BR,1BA | $4.50 |
| 1601-1801 E 15th Street | 2x1 | 2BR,1BA | $4.83 |
| Eight 80 Newport Beach | Studio (E1H-N23) | Studio ,1BA | $4.18 |
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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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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Pet Friendly LifestyleBalboa Island, Newport Beach, CA
Ranked #34
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Balboa Island, Newport Beach, CA
Newport Harbor High
Newport-Mesa Unified School District
Public School - Grades 9-12 (2084)
9 out of 10
Horace Ensign Intermediate
Newport-Mesa Unified School District
Public School - Grades 6-8 (875)
9 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Balboa Island Apartments
What is the Cheapest Studio apartment in Balboa Island?
Currently the most affordable Cheap Studio Apartment in Balboa Island is at Park Newport listed at $2,376.
How much is rent for a Cheap One Bedroom Balboa Island Apartment?
The lowest price for a Cheap One Bedroom Balboa Island Apartment is $2,063 at Eight 80 Newport Beach.
What is the lowest price for a Cheap Two Bedroom Balboa Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Balboa Island is starting from $3,180 at AVA Newport.
What is the most affordable Balboa Island Three Bedroom Apartment?
The best deal on a cheap Balboa Island Three Bedroom Apartment rental is at Baywood Apartment Homes and starts from $4,295.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.