Cheap Apartments for Rent in the Balboa Peninsula Point Neighborhood of Newport Beach, CA from $1,300 (10 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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Eight 80 Newport Beach
$1,868 - $3,248
Total Monthly Price

Total Monthly Price

Base Rent
$1,716 - $3,096
Required Monthly Fees
$152

Total Monthly Price
$1,868 - $3,248
Studio to 2 Bedroom Apartments Available Now

Eight 80 Newport Beach

880 Irvine AveNewport Beach, CA 92663
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Park Newport
Rent Specials
$2,301 - $5,050
Total Monthly Price

Total Monthly Price

Base Rent
$2,295 - $5,044
Required Monthly Fees
$6

Total Monthly Price
$2,301 - $5,050
Studio to 3 Bedroom Apartments Available Now

Park Newport

1 Park NewportNewport Beach, CA 92660
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Baywood Apartment Homes
$2,670 - $5,765
Total Monthly Price

Total Monthly Price

Base Rent
$2,664 - $5,759
Required Monthly Fees
$6

Total Monthly Price
$2,670 - $5,765
1 to 3 Bedroom Apartments Available Now

Baywood Apartment Homes

1 Baywood DrNewport Beach, CA 92660
Affordability
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  • Customer Reviewed
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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
  • Smoke Free
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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

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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 $1,884. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,301. 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$1,884
Park NewportWedgeStudio,1BA$2,301
Baywood Apartment HomesPlan 11BR,1BA$2,670

Best Value Apartments for Rent in Balboa Peninsula Point, CA

As of February 24, 2026 the best value apartment in the Balboa Peninsula Point area is the $3.32 price per square foot Plan 3A Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $5,637. The second greatest value Balboa Peninsula Point apartment is the 2 Bed 1 3/4 Bath Model at 1606 Westcliff Dr. starting at $3,995 with a $3.84 price per square foot in the Upper Newport Bay 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 3A3BR,2BA$3.32
1606 Westcliff Dr.2 Bed 1 3/4 Bath2BR,1.75BA$3.84
Villas Fashion IslandPlan H1BR,1BA$5.97
Colony at Fashion IslandPlan 11BR,1BA$4.06
Bayside Drive Complex2BR/1.0BA2BR,1BA$5.11
Baywood Apartment HomesPlan 11BR,1BA$3.19
Promontory Point Apartment HomesPlan 31BR,1BA$4.83
Park NewportWedgeStudio ,1BA$4.49
Eight 80 Newport BeachDune I (E1B-S)Studio ,1BA$4.69

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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 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 Peninsula Point, Newport Beach, CA

Ranked #26

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 $1,710.

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 $2,180 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 $2,663 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 Fairway at Big Canyon and starts from $5,637.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.