Cheap Apartments for Rent in the Balboa Peninsula Point Neighborhood of Newport Beach, CA from $1,300 (25 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
$2,452 - $5,887
Total Monthly Price

Total Monthly Price

Base Rent
$2,452 - $5,887

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Park Newport

1 Park NewportNewport Beach, CA 92660
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 1727 W Balboa Blvd

$3,695 - $6,000

2 To 4 Bedroom Rentals

Available May 10

1727 W Balboa Blvd

Newport BeachCA92663
property at 1245 W Balboa Blvd

$3,750

Total Monthly Price

Total Monthly Price

Base Rent
$3,750

Total Monthly Price
$3,750

1 Bedroom, 1 Bath Home for Rent

Available Now

1245 W Balboa Blvd

Newport BeachCA92661

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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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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1069 Buckingham Ln
2 Bedroom Apartments

1069 Buckingham Ln

1069 Buckingham LnNewport Beach, CA 92660

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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1606 Westcliff Dr.
1 to 2 Bedroom Apartments

1606 Westcliff Dr.

1606-1674 Westcliff DrNewport Beach, CA 92660

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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Bayview Apartments
1 to 3 Bedroom Apartments

Bayview Apartments

1682 San Joaquin Hills RdCorona Del Mar, CA 92625

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 1 Bed unit found at Eight 80 Newport Beach priced from $2,063. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,452. Here are the most affordable Balboa Peninsula Point apartments for rent in Newport Beach, CA:

Apartment ListingModel NameBed/BathPriced From
Eight 80 Newport BeachPeninsula (A1A-S)1BR,1BA$2,063
Park NewportWedgeStudio,1BA$2,452
Baywood Apartment HomesPlan 11BR,1BA$2,650
Westcliff1x1P1BR,1BA$3,175
1069 Buckingham Lane, 1601-1728 Bedford Lane2 Bed 1 Bath Plan B52BR,1BA$3,795

Best Value Apartments for Rent in Balboa Peninsula Point, CA

As of April 10, 2026 the best value apartment in the Balboa Peninsula Point area is the $3.78 price per square foot Plan 5 Model at Colony at Fashion Island in the in the UC Irvine neighborhood starting from $5,840. The second greatest value Balboa Peninsula Point apartment is the Plan 2B Model at Fairway at Big Canyon starting at $4,569 with a $3.05 price per square foot in the Spyglass Hill 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.
Colony at Fashion IslandPlan 52BR,2BA$3.78
Fairway at Big CanyonPlan 2B2BR,2BA$3.05
1606 Westcliff Dr.2 Bed 1 3/4 Bath2BR,2BA$3.84
1069 Buckingham Lane, 1601-1728 Bedford Lane2 Bed 1 Bath Plan B52BR,1BA$3.79
1210 W Oceanfront, Unit 1210.5 W Oceanfront1210 W Oceanfront1BR,1.5BA$3.50
Baywood Apartment HomesPlan 11BR,1BA$3.16
Promontory Point Apartment HomesPlan 11BR,1BA$5.03
Westcliff1x1P1BR,1BA$3.99
Eight 80 Newport BeachStudio (E1I-N23)Studio ,1BA$4.06
Park NewportWedge RenovatedStudio ,1BA$5.80

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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 Peninsula Point, Newport Beach, CA

Ranked #32

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

Pet Friendliness Lifestyle Score

3.0
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 Park Newport listed at $2,452.

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 $2,031 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 $2,645 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 Baywood Apartment Homes and starts from $4,140.

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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.