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$1,911 - $3,393Studio 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 $1,395 (31 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
$2,473 - $6,559
Total Monthly Price
Base Rent$2,473 - $6,559
Total Monthly PriceVaries
Park Newport
1 Park NewportNewport Beach, CA 92660
1124 W Balboa Blvd
Newport BeachCA92661
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$2,995 - $5,840Studio to 3 Bedroom Apartments Available Now
Newport Bluffs Apartment Village
100 VilaggioNewport Beach, CA 92660
1801 Bedford Ln
Newport BeachCA92660
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$3,585 - $6,2651 to 3 Bedroom Apartments Available Now
Baywood Apartment Homes
1 Baywood DrNewport Beach, CA 92660
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$3,690 - $6,6001 to 2 Bedroom Apartments Available Now
Promontory Point Apartment Homes
200 Promontory Dr WNewport Beach, CA 92660
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.
915 E Balboa Blvd
Newport BeachCA92661
214 20th St
Newport BeachCA92663
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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
1503 Clay St
Newport BeachCA92663
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1 to 3 Bedroom Apartments
Fairway at Big Canyon
48 1/2 Pine Valley LnNewport Beach, CA 92660
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.
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1 to 2 Bedroom Apartments
1069 Buckingham Lane, 1601-1728 Bedford Lane
1630 Bedford LnNewport Beach, CA 92660
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2 Bedroom Apartments
Lightsand
1216-1220 W Balboa BlvdNewport Beach, CA 92661
221 Pearl Ave
Newport BeachCA92662
420 Narcissus Ave
Newport BeachCA92625
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Rent Specials
$2,695 - $4,7701 to 3 Bedroom Apartments Available Sep 10
AVA Newport
1765-1765 Santa Ana AveCosta Mesa, CA 92627
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$3,400 - $4,7561 to 2 Bedroom Apartments Available Now
Eastside Haven at 17th
313 E 17th PlCosta Mesa, CA 92627
336 Cabrillo St
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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$4,500
Total Monthly Price
Base Rent$4,500
Total Monthly Price$4,500
478 Seaward Rd, Unit 478
478 Seaward RdCorona Del Mar, CA 92625
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2 to 3 Bedroom Apartments
283 Knox St
283 Knox StCosta Mesa, CA 92627
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1 to 2 Bedroom Apartments
Bayside Drive Complex
3207 Bayside DrCorona Del Mar, CA 92625
Showing Results 1-31, 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 | $2,303 | $1,936 | $3,080 |
| Balboa Island 1 Bedroom Apartments | $3,493 | $2,163 | $8,410 |
| Balboa Island 2 Bedroom Apartments | $4,784 | $2,963 | $10,000+ |
| Balboa Island 3 Bedroom Apartments | $7,012 | $3,695 | $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 31 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
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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 Studio unit found at Eight 80 Newport Beach priced from $1,936. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,424. 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 | $1,936 |
| Park Newport | Wedge | Studio,1BA | $2,424 |
| Newport Bluffs Apartment Village | Loggia - Plan 1 | 1BR,1BA | $3,460 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3,565 |
| 1069 Buckingham Lane, 1601-1728 Bedford Lane | 2 Bed 11/2 Bath Townhome | 2BR,1BA | $3,995 |
| Eastside Haven at 17th | 2x1 A | 2BR,1BA | $4,050 |
| Promontory Point Apartment Homes | Plan 5 | 1BR,1BA | $4,055 |
| Fairway at Big Canyon | Plan 2B | 2BR,2BA | $4,899 |
| Villas Fashion Island | Plan A | 1BR,1BA | $5,090 |
| Colony at Fashion Island | Plan 4 | 2BR,2BA | $5,830 |
Best Value Apartments for Rent in Balboa Island, CA
As of September 10, 2026 the best value apartment in the Balboa Island area is the $3.27 price per square foot Plan 2B Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,899. The second greatest value Balboa Island apartment is the Plan 4 Model at Colony at Fashion Island starting at $5,885 with a $4.31 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 | $3.27 |
| Colony at Fashion Island | Plan 4 | 2BR,2BA | $4.31 |
| The Waterfront | B3-VR - 2x2 | 2BR,2BA | $4.73 |
| 1069 Buckingham Lane, 1601-1728 Bedford Lane | 2 Bed 11/2 Bath Townhome | 2BR,1.5BA | $3.59 |
| Eastside Haven at 17th | 2x1 A | 2BR,1BA | $4.50 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $4.28 |
| Promontory Point Apartment Homes | Plan 2 | 1BR,1BA | $4.58 |
| Park Newport | Newport 2 Renovated | 1BR,1BA | $5.27 |
| Newport Bluffs Apartment Village | Loggia - Plan 1 | 1BR,1BA | $5.05 |
| Eight 80 Newport Beach | Dune I (E1B-S) | Studio ,1BA | $5.17 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 #29
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Balboa Island, Newport Beach, CA
Newport Elementary School
Newport-Mesa Unified School District
Public School - Grades K-5 (339)
8 out of 10
Newport Harbor High School
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 Eight 80 Newport Beach listed at $1,911.
How much is rent for a Cheap One Bedroom Balboa Island Apartment?
The lowest price for a Cheap One Bedroom Balboa Island Apartment is $2,325 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 $3,123 at Eight 80 Newport Beach.
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 $5,045.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.