533 St Andrews Rd
Newport BeachCA92663
Cheap Homes for Rent in Balboa Peninsula Point Neighborhood of Newport Beach, CA from $3,800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Balboa Peninsula Point area of Newport Beach.
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.
2101 E 15th St, Unit 8
2101 E 15th St
Newport BeachCA92663
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.
221 Pearl Ave
Newport BeachCA92662
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Balboa Peninsula Point, Newport Beach, CA Local Guide
How much does it cost to rent a home in Balboa Peninsula Point?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa Peninsula Point 2 Bedroom Homes for Rent | $6,678 | $3,800 | $10,000+ |
| Balboa Peninsula Point 3 Bedroom Homes for Rent | $12,745 | $5,575 | $10,000+ |
| Balboa Peninsula Point 4 Bedroom Homes for Rent | $21,310 | $7,500 | $10,000+ |
| Balboa Peninsula Point 5 Bedroom Homes for Rent | $45,000 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Balboa Peninsula Point, CA
As of June 18, 2026 the best value apartment in the Balboa Peninsula Point area is the $4.73 price per square foot CAR D Model at The A on Lido in the in the Balboa Island neighborhood starting from $6,700. The second greatest value Balboa Peninsula Point apartment is the Plan 4 Model at Colony at Fashion Island starting at $5,555 with a $4.07 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 A on Lido | CAR D | 3BR,2BA | $4.73 |
| Colony at Fashion Island | Plan 4 | 2BR,2BA | $4.07 |
| 609 Narcissus Ave, Unit 609.5 Narcissus Avenue | 609 Narcissus Ave | 2BR,1BA | $4.00 |
| 320 Sapphire Ave, Unit 320 1/2 Sapphire | 320 Sapphire Ave | 2BR,2BA | $4.35 |
| Villas Fashion Island | Plan F | 1BR,1BA | $5.78 |
| 1069 Buckingham Lane, 1601-1728 Bedford Lane | 2 Bed 1 Bath Plan F | 2BR,1BA | $4.15 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.34 |
| Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $4.96 |
| Park Newport | Wedge Renovated | Studio ,1BA | $5.94 |
| Eight 80 Newport Beach | Balboa (E1A-N) | Studio ,1BA | $4.76 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Pet Friendly LifestyleBalboa Peninsula Point, Newport Beach, CA
Ranked #37
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-5 (344)
10 out of 10
Newport Harbor High
Newport-Mesa Unified School District
Public School - Grades 9-12 (2084)
9 out of 10
Horace Ensign Intermediate
Newport-Mesa Unified School District
Public School - Grades 6-8 (875)
9 out of 10
School data provided by Great Schools
Frequently Asked Questions about Balboa Peninsula Point
What type of rentals are currently available in Balboa Peninsula Point?
There are currently 210 Apartments for Rent in Balboa Peninsula Point, CA with pricing that ranges from $1,933 to $35,000. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Peninsula Point ranging from $3,800 to $75,000.
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 $3,800 to $75,000 with an average monthly rent of $21,433.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.