Cheap Homes for Rent in Balboa Peninsula Point Neighborhood of Newport Beach, CA from $2,600 (3 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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.

Balboa Peninsula Point, Newport Beach, CA Local Guide

Best Value Apartments for Rent in Balboa Peninsula Point, CA

As of August 26, 2025 the best value apartment in the Balboa Peninsula Point area is the $6.16 price per square foot 3 Bedroom, 2 Bath Model at The Waterfront in the in the Balboa Island neighborhood starting from $10,995. The second greatest value Balboa Peninsula Point apartment is the 3 Bed 2 Bath Model at Fairway at Big Canyon starting at $5,677 with a $3.34 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.
The Waterfront3 Bedroom, 2 Bath3BR,2BA$6.16
Fairway at Big Canyon3 Bed 2 Bath3BR,2BA$3.34
Villas Fashion IslandPlan S3BR,2BA$6.02
Colony at Fashion IslandPlan 21BR,1BA$3.86
1606 Westcliff Dr.2 Bed 1 3/4 Bath2BR,1.75BA$3.75
Promontory Point Apartment HomesPlan 51BR,1BA$4.47
Baywood Apartment HomesPlan 11BR,1BA$3.29
Park NewportWedgeStudio ,1BA$4.86
Eight 80 Newport BeachBalboa (E1A-N)Studio ,1BA$4.61

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Pet Friendly Lifestyle
Balboa Peninsula Point, Newport Beach, CA

Ranked #42

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 Balboa Peninsula Point

What type of rentals are currently available in Balboa Peninsula Point?

There are currently 208 Apartments for Rent in Balboa Peninsula Point, CA with pricing that ranges from $1,871 to $45,000. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Peninsula Point ranging from $2,610 to $40,900.

What is the current price range for Rental Homes in Balboa Peninsula Point?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Balboa Peninsula Point ranges from $2,610 to $40,900 with an average monthly rent of $12,823.

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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.