
Cheap Apartments for Rent in the Balboa Peninsula Point Neighborhood of Newport Beach, CA from $1,300 (13 Rentals)
Cheap Apartments in the Balboa Peninsula Point area of Newport Beach.


Park Newport

Beach House Apartments

Newport Bluffs Apartment Village
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

AVA Newport

2007 Chubasco Dr, Unit A
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 | $2,310 | $1,740 | $6,900 |
Balboa Peninsula Point 1 Bedroom Apartments | $3,572 | $2,034 | $9,020 |
Balboa Peninsula Point 2 Bedroom Apartments | $4,467 | $2,694 | $10,000+ |
Balboa Peninsula Point 3 Bedroom Apartments | $7,231 | $3,645 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 13 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 $1,717. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,120. 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 I (E1A-S) | Studio,1BA | $1,717 |
Park Newport | Wedge | Studio,1BA | $2,120 |
AVA Newport | S1 | Studio,1BA | $2,145 |
Newport Bluffs Apartment Village | Residencia - Plan 1 | Studio,1BA | $2,570 |
Baywood Apartment Homes | Plan 1 | 1BR,1BA | $2,680 |
Best Value Apartments for Rent in Balboa Peninsula Point, CA
As of May 08, 2025 the best value apartment in the Balboa Peninsula Point area is the $3.90 price per square foot Plan 2 Model at Colony at Fashion Island in the in the Spyglass Hill neighborhood starting from $4,240. The second greatest value Balboa Peninsula Point apartment is the 2BR/ 2 BA + BALCONY Model at The Collective starting at $3,845 with a $3.58 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Colony at Fashion Island | Plan 2 | 1BR,1BA | $3.90 |
The Collective | 2BR/ 2 BA + BALCONY | 2BR,2BA | $3.58 |
Bayside Drive Complex | 2BR/1.0BA | 2BR,1BA | $4.99 |
518 Dahlia Ave, Unit 518.5 Back Unit | 518 Dahlia Ave | 2BR,1BA | $4.67 |
Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.20 |
Promontory Point Apartment Homes | Plan 4 | 1BR,1BA | $4.79 |
Park Newport | Newport 1 Renovated | 1BR,1BA | $5.10 |
Bordeaux Apartment Homes | Plan 101 | 1BR,1BA | $5.51 |
Newport Bluffs Apartment Village | Residencia - Plan 1 | Studio ,1BA | $4.68 |
Eight 80 Newport Beach | Dune I (E1B-S) | Studio ,1BA | $4.69 |
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Pet Friendly LifestyleBalboa Peninsula Point, Newport Beach, CA
Ranked #43
Among neighborhoods in Newport Beach, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,717.
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 $2,034 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 $2,990 at AVA 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 $4,125.
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.

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

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.