
Apartments for Rent with Specials in the Balboa Island Neighborhood of Newport Beach, CA (3 Rentals)
Apartments in the Balboa Island area of Newport Beach with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.

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.

Promontory Point Apartment Homes
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.

2101 E 15th St, Unit 8
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 | $2,349 | $1,883 | $3,541 |
| Balboa Island 1 Bedroom Apartments | $3,244 | $2,122 | $6,595 |
| Balboa Island 2 Bedroom Apartments | $4,340 | $2,838 | $8,535 |
| Balboa Island 3 Bedroom Apartments | $8,763 | $3,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Balboa Island Neighborhood of Newport Beach, CA.
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Balboa Island, Newport Beach, CA Local Guide
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Top Newport Beach Apartments in the Balboa Island Area with Move-In Specials Ending Soon
Specials updated: 06-06-2026Take advantage of these move-in and rent specials that are ending soon for top Balboa Island, CA apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Promontory Point Apartment Homes
$99 Security Deposit: For a limited time, take advantage of a reduced $99 security deposit when you lease by June 8, 2026.*Expires 06-06-2026
Park Newport
Up to 6 Weeks Free Base Rent plus $1500 Look and Lease! Min. term & restrictions apply. Other costs & fees excluded. Offer may change.Expires 06-06-2026
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleBalboa Island, Newport Beach, CA
Ranked #37
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
Horace Ensign Intermediate
School data provided by Great Schools
Frequently Asked Questions about Rent Specials Balboa Island Apartments
What is the Cheapest Rent Specials apartment in Balboa Island?
Currently the most affordable Rent Specials Apartment in Balboa Island is at Promontory Point Apartment Homes listed at $3,885.
How much is the average rent for a Rent Specials Balboa Island Apartment?
The average rent for a Rent Specials Apartment in Balboa Island is $5,287.
What is the largest Rent Specials Balboa Island Apartment for rent?
Today's Rent Specials apartment with the most square footage in Balboa Island is a 1,579 square feet unit starting from $3,885 at Promontory Point Apartment Homes.
What is the average size for Balboa Island Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Balboa Island is currently at 795 sq ft.
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

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.

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.

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.

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.