Cheap Apartments for Rent in the Balboa Peninsula Point Neighborhood of Newport Beach, CA from $1,395 (8 Rentals)

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

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Park Newport
Rent Specials
$2,445 - $4,987
Total Monthly Price

Total Monthly Price

Base Rent
$2,445 - $4,987

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Studio to 3 Bedroom Apartments Available Now

Park Newport

1 Park NewportNewport Beach, CA 92660
Corporate Housing
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  • Utilities Included
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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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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.

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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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Bayshore Apartments
1 to 2 Bedroom Apartments

Bayshore Apartments

2888 Bayshore DrNewport Beach, CA 92663
  • Utilities Included
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Bayview Apartments
1 to 3 Bedroom Apartments

Bayview Apartments

1682 San Joaquin Hills RdCorona Del Mar, CA 92625

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.

Balboa Peninsula Point, Newport Beach, CA Local Guide

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 $1,975. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,445. Here are the most affordable Balboa Peninsula Point apartments for rent in Newport Beach, CA:

Apartment ListingModel NameBed/BathPriced From
Eight 80 Newport BeachBalboa (E1A-N)Studio,1BA$1,975
Park NewportWedgeStudio,1BA$2,445
Baywood Apartment HomesPlan 11BR,1BA$3,490

Best Value Apartments for Rent in Balboa Peninsula Point, CA

As of August 23, 2026 the best value apartment in the Balboa Peninsula Point area is the $3.26 price per square foot Plan 2B Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,887. The second greatest value Balboa Peninsula Point apartment is the Plan S Model at Villas Fashion Island starting at $8,605 with a $6.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fairway at Big CanyonPlan 2B2BR,2BA$3.26
Villas Fashion IslandPlan S3BR,2BA$6.20
The WaterfrontB3-VR - 2x22BR,2BA$4.81
Colony at Fashion IslandPlan 32BR,2BA$4.28
1069 Buckingham Lane, 1601-1728 Bedford Lane2 Bed 1 Bath Plan B52BR,1BA$3.79
Baywood Apartment HomesPlan 11BR,1BA$4.16
Promontory Point Apartment HomesPlan 11BR,1BA$5.13
Park NewportWedge RenovatedStudio ,1BA$5.94
Eight 80 Newport BeachDune I (E1B-S)Studio ,1BA$4.99

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 Peninsula Point, 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 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 $1,975.

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 $2,203 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 $3,043 at Eight 80 Newport Beach.

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 $4,793.

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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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.

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.