Homes for Rent in Balboa Island Neighborhood of Newport Beach, CA (51 Rentals)

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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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property at 121 Onyx Ave

$8,750

3 Bedroom, 3 Bath Home for Rent

Available Now

121 Onyx Ave

Newport BeachCA92662
property at 4521 Orrington Rd

$19,999

3 Bedroom, 4 Bath Home for Rent

Available Now

4521 Orrington Rd

Newport BeachCA92625

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.

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property at 431 Iris Ave

$8,000

3 Bedroom, 3 Bath Condo for Rent

Available Now

431 Iris Ave

Newport BeachCA92625
property at 978 Sandcastle Dr

$16,000

4 Bedroom, 3 Bath Home for Rent

Available Now

978 Sandcastle Dr

Newport BeachCA92625
property at 125 Grand Canal

$30,000

5 Bedroom, 4 Bath Home for Rent

Available Now

125 Grand Canal

Newport BeachCA92662
property at 300 Coral Ave

$24,000

3 Bedroom, 3 Bath Townhome for Rent

Available Now

300 Coral Ave, Unit 2F

300 Coral Ave
Newport BeachCA92662
property at 117 Amethyst Ave

$11,250

3 Bedroom, 2 Bath Townhome for Rent

Available Now

117 Amethyst Ave

Newport BeachCA92662

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.

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property at 1519 Orange Ave

$2,650

1 Bedroom, 1 Bath Home for Rent

Available Jan 23, 2026

1519 Orange Ave

Costa MesaCA92627
property at 1517 Orange Ave

$4,650

2 Bedroom, 2 Bath Home for Rent

Available Feb 1, 2026

1517 Orange Ave

Costa MesaCA92627
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Balboa Island, Newport Beach, CA Local Guide

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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How a Move-In Inspection Can Protect Your Security Deposit

Learn How a Move-In Inspection Can Protect Your Security Deposit from the Renter University at AparmentHomeLiving.com.

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Quick 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.

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Pet Friendly Lifestyle
Balboa Island, Newport Beach, CA

Ranked #25

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Balboa Island, Newport Beach, CA

School data provided by Great Schools

Frequently Asked Questions about Balboa Island

What type of rentals are currently available in Balboa Island?

There are currently 304 Apartments for Rent in Balboa Island, CA with pricing that ranges from $1,766 to $45,000. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Island ranging from $2,650 to $95,000.

What is the current price range for Rental Homes in Balboa Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Balboa Island ranges from $2,650 to $95,000 with an average monthly rent of $17,933.

How much are larger Three and Four Bedroom Rentals in Balboa Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Balboa Island range from $3,595 to $45,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,795 to $39,995. Four Bedroom Single-Family rentals are also available starting from $6,800 and Four Bedroom Apartments start at $7,500.

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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Renting with Roommates: Realistic Expectations for Shared Lease

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.