Cheap Apartments for Rent in the Balboa Island Neighborhood of Newport Beach, CA from $1,300 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Balboa Island area of Newport Beach.

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Park Newport
Rent Specials
$2,571 - $5,319
Total Monthly Price

Total Monthly Price

Base Rent
$2,571 - $5,319

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Park Newport

1 Park NewportNewport Beach, CA 92660
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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816 Amigos Way, Unit A
$3,250
Total Monthly Price

Total Monthly Price

Base Rent
$3,250

Total Monthly Price
$3,250
2 Bedroom Apartment Available Now

816 Amigos Way, Unit A

816 Amigos WayNewport Beach, CA 92660
Cost Per Sq.Ft.
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property at 2101 E 15th St

$4,250

Total Monthly Price

Total Monthly Price

Base Rent
$4,250

Total Monthly Price
$4,250

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

2101 E 15th St, Unit 8

2101 E 15th St
Newport BeachCA92663
property at 324 E Balboa Blvd

$4,300

Total Monthly Price

Total Monthly Price

Base Rent
$4,300

Total Monthly Price
$4,300

3 Bedroom, 2 Bath Condo for Rent

Available Now

324 E Balboa Blvd, Unit B

324 E Balboa Blvd
Newport BeachCA92661
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Seaview Plaza
1 Bedroom Apartments

Seaview Plaza

2800 Pacific View DrNewport Beach, CA 92660
Senior Living
  • Utilities Included

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404 E Balboa Blvd
Studio to 2 Bedroom Apartments

404 E Balboa Blvd

404 E Balboa BlvdNewport Beach, CA 92661
  • Utilities Included
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The Moana
1 to 3 Bedroom Apartments

The Moana

711 Lido Park DrNewport Beach, CA 92663
  • Utilities Included
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Bedford Apartments
2 to 3 Bedroom Apartments

Bedford Apartments

1731 Bedford LnNewport Beach, CA 92660
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Rutland Apartments
2 Bedroom Apartments

Rutland Apartments

1170 Rutland RdNewport Beach, CA 92660
  • Utilities Included
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Westview Apartments
2 Bedroom Apartments

Westview Apartments

737-741 Amigos WayNewport Beach, CA 92660
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1142 Rutland Rd
2 Bedroom Apartments

1142 Rutland Rd

1142 Rutland RdNewport Beach, CA 92660
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Bayshore Apartments
1 to 2 Bedroom Apartments

Bayshore Apartments

2888 Bayshore DrNewport Beach, CA 92663
  • Utilities Included
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1069 Buckingham Ln
2 Bedroom Apartments

1069 Buckingham Ln

1069 Buckingham LnNewport Beach, CA 92660

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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AVA Newport
Studio to 3 Bedroom Apartments

AVA Newport

1765-1765 Santa Ana AveCosta Mesa, CA 92627
Student Housing
  • Utilities Included
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283 Knox St
2 to 3 Bedroom Apartments

283 Knox St

283 Knox StCosta Mesa, CA 92627

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.

Balboa Island, Newport Beach, CA Local Guide

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 $1,883. AVA Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,265. Here are the most affordable Balboa Island apartments for rent in Newport Beach, CA:

Apartment ListingModel NameBed/BathPriced From
Eight 80 Newport BeachBalboa (E1A-N)Studio,1BA$1,883
AVA NewportS1Studio,1BA$2,265
Park NewportWedgeStudio,1BA$2,571
Baywood Apartment HomesPlan 11BR,1BA$2,690
1601-1801 E 15th Street2x12BR,1BA$3,650
Eastside Haven at 17th2x1 A2BR,1BA$3,850
Promontory Point Apartment HomesPlan 11BR,1BA$3,885
Newport Bluffs Apartment VillageLoggia - Plan 32BR,2BA$3,915

Best Value Apartments for Rent in Balboa Island, CA

As of June 06, 2026 the best value apartment in the Balboa Island area is the $3.32 price per square foot Plan 2B Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,979. The second greatest value Balboa Island apartment is the CAR D Model at The A on Lido starting at $6,700 with a $4.73 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fairway at Big CanyonPlan 2B2BR,2BA$3.32
The A on LidoCAR D3BR,2BA$4.73
Colony at Fashion IslandPlan 42BR,2BA$4.04
Newport Bluffs Apartment VillageRivoli - Plan 53BR,2.5BA$4.31
816 Amigos Way, Unit A816 Amigos Way2BR,2BA$2.71
609 Narcissus Ave, Unit 609.5 Narcissus Avenue609 Narcissus Ave2BR,1BA$4.00
320 Sapphire Ave, Unit 320 1/2 Sapphire320 Sapphire Ave2BR,2BA$4.35
Eastside Haven at 17th2x1 A2BR,1BA$4.28
Baywood Apartment HomesPlan 11BR,1BA$3.21
Eight 80 Newport BeachBalboa (E1A-N)Studio ,1BA$4.64

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 Lifestyle
Balboa Island, Newport Beach, CA

Ranked #37

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $1,883.

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

The lowest price for a Cheap One Bedroom Balboa Island Apartment is $2,122 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 $2,838 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 $5,155.

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.