
Cheap Apartments for Rent in the Balboa Peninsula Point Neighborhood of Newport Beach, CA from $1,300 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Balboa Peninsula Point area of Newport Beach.


Park Newport
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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.
Balboa Peninsula Point, Newport Beach, CA Local Guide

How much does it cost to rent an apartment in Balboa Peninsula Point?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Balboa Peninsula Point Studio Apartments | $2,284 | $1,906 | $6,900 |
Balboa Peninsula Point 1 Bedroom Apartments | $3,161 | $2,146 | $8,220 |
Balboa Peninsula Point 2 Bedroom Apartments | $4,537 | $2,959 | $10,000+ |
Balboa Peninsula Point 3 Bedroom Apartments | $10,269 | $4,195 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Balboa Peninsula Point Neighborhood of Newport Beach, CA.
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Balboa Peninsula Point, Newport Beach, CA Local Guide
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Cheapest Available Balboa Peninsula Point Apartments for Rent
 The cheapest available apartment rental in the Balboa Peninsula Point area of Newport Beach, CA is a Studio unit found at Eight 80 Newport Beach priced from $1,906. Park Newport has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,599. Here are the most affordable Balboa Peninsula Point apartments for rent in Newport Beach, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eight 80 Newport Beach | Harbor (E1B-N) | Studio,1BA | $1,906 |
Park Newport | Balboa 1 | 1BR,1BA | $2,599 |
Baywood Apartment Homes | Plan 1 | 1BR,1BA | $2,760 |
Best Value Apartments for Rent in Balboa Peninsula Point, CA
As of June 27, 2025 the best value apartment in the Balboa Peninsula Point area is the $4.17 price per square foot Plan 5 Model at Colony at Fashion Island in the in the UC Irvine neighborhood starting from $6,445. The second greatest value Balboa Peninsula Point apartment is the Plan B Model at Villas Fashion Island starting at $6,420 with a $5.96 price per square foot in the UC Irvine neighborhood. Here is today’s list of the best values for Balboa Peninsula Point apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Colony at Fashion Island | Plan 5 | 2BR,2BA | $4.17 |
Villas Fashion Island | Plan B | 1BR,1BA | $5.96 |
1606 Westcliff Dr. | 2 Bed 1 3/4 Bath | 2BR,1.75BA | $3.70 |
Park Newport | Catalina 1 Renovated | 2BR,2BA | $3.96 |
Promontory Point Apartment Homes | Plan 5 | 1BR,1BA | $4.31 |
Bayside Drive Complex | 2BR/1.0BA | 2BR,1BA | $4.72 |
Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.29 |
The Collective | 1 BR/1BA no balcony | 1BR,1BA | $5.30 |
Eight 80 Newport Beach | Balboa (E1A-N) | Studio ,1BA | $4.89 |
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Pet Friendly LifestyleBalboa Peninsula Point, Newport Beach, CA
Ranked #39
Among neighborhoods in Newport Beach, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Balboa Peninsula Point, Newport Beach, CA
Harbor View Elementary
Newport Harbor High
Horace Ensign Intermediate
School data provided by Great Schools
Getting Around the Balboa Peninsula Point Neighborhood in Newport Beach, CA
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
32 / 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 Peninsula Point Apartments
What is the Cheapest Studio apartment in Balboa Peninsula Point?
Currently the most affordable Cheap Studio Apartment in Balboa Peninsula Point is at Eight 80 Newport Beach listed at $1,906.
How much is rent for a Cheap One Bedroom Balboa Peninsula Point Apartment?
The lowest price for a Cheap One Bedroom Balboa Peninsula Point Apartment is $2,146 at Eight 80 Newport Beach.
What is the lowest price for a Cheap Two Bedroom Balboa Peninsula Point Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Balboa Peninsula Point is starting from $3,094 at Park Newport.
What is the most affordable Balboa Peninsula Point Three Bedroom Apartment?
The best deal on a cheap Balboa Peninsula Point Three Bedroom Apartment rental is at Park Newport and starts from $4,708.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.