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from $1,889Studio 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 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Balboa Island area of Newport Beach.
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from $2,275Studio Apartments Available Now
Beach House Apartments
1433 Superior AveNewport Beach, CA 92663
126 E Balboa Blvd
Newport BeachCA92661
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from $2,445Studio to 3 Bedroom Apartments Available Now
Park Newport
1 Park NewportNewport Beach, CA 92660
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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from $2,690Studio to 3 Bedroom Apartments Available Now
Newport Bluffs Apartment Village
100 VilaggioNewport Beach, CA 92660
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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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Rent Specials
from $2,315Studio to 3 Bedroom Apartments Available Now
AVA Newport
1765-1765 Santa Ana AveCosta Mesa, CA 92627
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.
Showing Results 1-15, 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 | $2,408 | $1,889 | $6,900 |
| Balboa Island 1 Bedroom Apartments | $3,488 | $2,109 | $9,770 |
| Balboa Island 2 Bedroom Apartments | $4,630 | $2,737 | $10,000+ |
| Balboa Island 3 Bedroom Apartments | $8,677 | $4,205 | $10,000+ |
| Balboa Island 4 Bedroom Apartments | $12,800 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 15 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Balboa Island Apartments for Rent
The 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 $2,014. Beach House Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,275. 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 | Dune I (E1B-S) | Studio,1BA | $2,014 |
| Beach House Apartments | Studio | Studio,1BA | $2,275 |
| Park Newport | Balboa 1 | 1BR,1BA | $2,599 |
| AVA Newport | A2 | 1BR,1BA | $2,695 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $2,745 |
Best Value Apartments for Rent in Balboa Island, CA
As of June 12, 2025 the best value apartment in the Balboa Island area is the $3.67 price per square foot Plan 6 Model at Baypointe Apartment Homes in the in the Turtle Ridge neighborhood starting from $4,325. The second greatest value Balboa Island apartment is the 292 16th Pl Model at 292 16th Pl, Unit A starting at $3,550 with a $3.23 price per square foot in the Balboa Island 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. |
|---|---|---|---|
| Baypointe Apartment Homes | Plan 6 | 2BR,2BA | $3.67 |
| 292 16th Pl, Unit A | 292 16th Pl | 2BR,1BA | $3.23 |
| 1606 Westcliff Dr. | 2 Bed 1 3/4 Bath | 2BR,1.75BA | $3.70 |
| Newport North Apartment Homes | Plan 4 | 2BR,2BA | $3.72 |
| Bayside Drive Complex | 2BR/1.0BA | 2BR,1BA | $4.77 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.28 |
| Newport Bluffs Apartment Village | Residencia - Plan 2 | 1BR,1BA | $4.37 |
| AVA Newport | B1 | 2BR,1BA | $4.55 |
| Beach House Apartments | Studio | Studio ,1BA | $4.55 |
| Eight 80 Newport Beach | Balboa (E1A-N) | Studio ,1BA | $4.76 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleBalboa Island, Newport Beach, CA
Ranked #41
Among neighborhoods in Newport Beach, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Balboa Island, Newport Beach, CA
Newport Harbor High
Newport-Mesa Unified School District
Public School - Grades 9-12 (2268)
8 out of 10
Horace Ensign Intermediate
Newport-Mesa Unified School District
Public School - Grades 7-8 (915)
8 out of 10
School data provided by Great Schools
Getting Around the Balboa Island Neighborhood in Newport Beach, CA
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
68 / 100
Bikeable
Some bike infrastructure
Transit Score®
36 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Eight 80 Newport Beach listed at $1,881.
How much is rent for a Cheap One Bedroom Balboa Island Apartment?
The lowest price for a Cheap One Bedroom Balboa Island Apartment is $2,117 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 $2,940 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 Newport Bluffs Apartment Village and starts from $4,660.
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.