
Cheap Homes for Rent in Balboa Peninsula Point Neighborhood of Newport Beach, CA from $4,900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Balboa Peninsula Point area of Newport Beach.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

500 Harbor Woods Pl
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

410 1/2 Dahlia Ave
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 | $7,060 | $4,900 | $10,000+ |
Balboa Peninsula Point 3 Bedroom Homes for Rent | $12,730 | $5,000 | $10,000+ |
Balboa Peninsula Point 4 Bedroom Homes for Rent | $17,793 | $6,495 | $10,000+ |
Balboa Peninsula Point 5 Bedroom Homes for Rent | $21,400 | $10,000 | $10,000+ |
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 May 21, 2025 the best value apartment in the Balboa Peninsula Point area is the $3.33 price per square foot 2 Bed 2 Bath Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,992. The second greatest value Balboa Peninsula Point apartment is the Plan 2 Model at Colony at Fashion Island starting at $4,155 with a $3.82 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fairway at Big Canyon | 2 Bed 2 Bath | 2BR,2BA | $3.33 |
Colony at Fashion Island | Plan 2 | 1BR,1BA | $3.82 |
Bayside Drive Complex | 2BR/1.0BA | 2BR,1BA | $4.99 |
Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.22 |
Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $4.79 |
Park Newport | Newport 1 Renovated | 1BR,1BA | $5.03 |
Newport Bluffs Apartment Village | Residencia - Plan 2 | 1BR,1BA | $4.40 |
The Collective | 1 BR/1BA no balcony | 1BR,1BA | $5.30 |
Beach House Apartments | Studio | Studio ,1BA | $4.55 |
Eight 80 Newport Beach | Dune I (E1B-S) | Studio ,1BA | $4.72 |
Quick Rent Budget Calculator
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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 216 Apartments for Rent in Balboa Peninsula Point, CA with pricing that ranges from $1,737 to $50,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Peninsula Point ranging from $4,900 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 $4,900 to $40,900 with an average monthly rent of $14,745.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.