Search the lowest-cost Apartments available for rent right now in the Balboa Island area of Newport Beach.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa Island Studio Apartments | $2,312 | $1,868 | $3,970 |
| Balboa Island 1 Bedroom Apartments | $3,604 | $2,179 | $8,940 |
| Balboa Island 2 Bedroom Apartments | $4,623 | $2,727 | $10,000+ |
| Balboa Island 3 Bedroom Apartments | $9,456 | $4,070 | $10,000+ |
| Balboa Island 4 Bedroom Apartments | $7,500 | $7,500 | $7,500 |
There are currently 12 rentals with your search options within a 2 mile radius of the Balboa Island Neighborhood of Newport Beach, CA.
See all Apartments in Newport BeachThe cheapest available apartment rental in the Balboa Island area of Newport Beach, CA is a Studio unit found at Eight 80 Newport Beach priced from $1,884. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,431. 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 | Balboa (E1A-N) | Studio,1BA | $1,884 |
| Park Newport | Wedge | Studio,1BA | $2,431 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $2,655 |
| AVA Newport | B1 | 2BR,1BA | $2,990 |
| Newport Bluffs Apartment Village | Loggia - Plan 2 | 1BR,1BA | $3,290 |
As of February 26, 2026 the best value apartment in the Balboa Island area is the $3.13 price per square foot Plan 3A Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $5,319. The second greatest value Balboa Island apartment is the 2 Bed 1 3/4 Bath Model at 1606 Westcliff Dr. starting at $3,995 with a $3.84 price per square foot in the Upper Newport Bay 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 3A | 3BR,2BA | $3.13 |
| 1606 Westcliff Dr. | 2 Bed 1 3/4 Bath | 2BR,1.75BA | $3.84 |
| Colony at Fashion Island | Plan 1 | 1BR,1BA | $4.06 |
| Bayside Drive Complex | 2BR/1.0BA | 2BR,1BA | $5.11 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.17 |
| Promontory Point Apartment Homes | Plan 3 | 1BR,1BA | $4.83 |
| Newport Bluffs Apartment Village | Loggia - Plan 1A | 1BR,1BA | $4.17 |
| AVA Newport | B1 | 2BR,1BA | $4.60 |
| Park Newport | Wedge | Studio ,1BA | $4.74 |
| Eight 80 Newport Beach | Dune I (E1B-S) | Studio ,1BA | $4.69 |
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Currently the most affordable Cheap Studio Apartment in Balboa Island is at Eight 80 Newport Beach listed at $1,884.
The lowest price for a Cheap One Bedroom Balboa Island Apartment is $2,179 at Eight 80 Newport Beach.
Today's best deal for a Cheap Two Bedroom Apartment in Balboa Island is starting from $2,727 at Eight 80 Newport Beach.
The best deal on a cheap Balboa Island Three Bedroom Apartment rental is at Newport Bluffs Apartment Village and starts from $4,570.
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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Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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