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Rent Specials
$1,783 - $3,206Studio to 2 Bedroom Apartments Available Now
Eight 80 Newport Beach
880 Irvine AveNewport Beach, CA 92663
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.
328 E Balboa Blvd
Newport BeachCA92661
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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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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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 | $2,140 | $1,783 | $2,595 |
| Balboa Peninsula Point 1 Bedroom Apartments | $3,606 | $2,054 | $9,700 |
| Balboa Peninsula Point 2 Bedroom Apartments | $4,772 | $2,791 | $10,000+ |
| Balboa Peninsula Point 3 Bedroom Apartments | $8,647 | $3,645 | $10,000+ |
| Balboa Peninsula Point 4 Bedroom Apartments | $8,500 | $8,500 | $8,500 |
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.
See all Apartments in Newport BeachExplore Newport Beach
Balboa Peninsula Point, Newport Beach, CA Local Guide
- Nearby Newport Beach neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,783. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,515. 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 | Balboa (E1A-N) | Studio,1BA | $1,783 |
| Park Newport | Wedge | Studio,1BA | $2,515 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $2,710 |
Best Value Apartments for Rent in Balboa Peninsula Point, CA
As of October 10, 2025 the best value apartment in the Balboa Peninsula Point area is the $5.77 price per square foot Junior 3x2 Model at The Waterfront in the in the Balboa Island neighborhood starting from $10,295. The second greatest value Balboa Peninsula Point apartment is the Plan T Model at Villas Fashion Island starting at $11,085 with a $6.80 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. |
|---|---|---|---|
| The Waterfront | Junior 3x2 | 3BR,2BA | $5.77 |
| Villas Fashion Island | Plan T | 2BR,2BA | $6.80 |
| Fairway at Big Canyon | 2 Bed 2 Bath Townhome | 2BR,2BA | $3.05 |
| Colony at Fashion Island | Plan 1 | 1BR,1BA | $3.87 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.23 |
| Promontory Point Apartment Homes | Plan 4 | 1BR,1BA | $4.87 |
| 1606 Westcliff Dr. | Large (1x1 - A3) | 1BR,1BA | $4.56 |
| Park Newport | Wedge | Studio ,1BA | $4.90 |
| Eight 80 Newport Beach | Balboa (E1A-N) | Studio ,1BA | $4.39 |
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Pet Friendly LifestyleBalboa Peninsula Point, Newport Beach, CA
Ranked #38
Among cities in California 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-Mesa Unified School District
Public School - Grades K-6 (295)
8 out of 10
Newport Harbor High
Newport-Mesa Unified School District
Public School - Grades 9-12 (2268)
9 out of 10
Horace Ensign Intermediate
Newport-Mesa Unified School District
Public School - Grades 7-8 (915)
8 out of 10
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 $1,783.
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 $2,293 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 $3,144 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 Baywood Apartment Homes and starts from $3,645.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.