
Cheap Apartments for Rent in the Balboa Peninsula Neighborhood of Newport Beach, CA from $1,395 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Balboa Peninsula area of Newport Beach.


The Towers, Newport

404 E Balboa Blvd

1500-1600 Clay St

1701-1703 W Balboa Blvd

1007 E Balboa Blvd

1244 W Balboa Blvd

1338 W Balboa Blvd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2600-2700 Newport Blvd

626 CLUBHOUSE

1204 W Balboa Blvd

2008 W Oceanfront

1324 W Balboa Blvd

1224 W Balboa Blvd

1420 W Oceanfront

Newport Bay Towers
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

307 E Edgewater Ave

901 E Balboa Blvd

1601 W Balboa Blvd

315 E Bay Ave

1300-1304 Coral Pl

1240 W Balboa Blvd

330 Balboa Blvd

Costa Del Sol
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Balboa Boulevard Apartments

417 E Bay Ave

2004-2006 Court St

1628 W Oceanfront

900 E Oceanfront

301 Edgewater Ave

201 E Bay Ave

1320 W Balboa Blvd
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.

505 Saint Andrews Rd

The A on Lido

Peninsula Village

The Moana

Bayshore Apartments

Lightsand

305 E Bay Apartments

Balboa Bay Club & Resort
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.
Balboa Peninsula, Newport Beach, CA Local Guide

How much does it cost to rent an apartment in Balboa Peninsula?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa Peninsula 1 Bedroom Apartments | $4,801 | $2,500 | $6,470 |
| Balboa Peninsula 2 Bedroom Apartments | $5,254 | $4,500 | $6,365 |
| Balboa Peninsula 3 Bedroom Apartments | $10,178 | $3,695 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 1 mile radius of the Balboa Peninsula Neighborhood of Newport Beach, CA.
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Frequently Asked Questions about Cheap Balboa Peninsula Apartments
How much is rent for a Cheap One Bedroom Balboa Peninsula Apartment?
The lowest price for a Cheap One Bedroom Balboa Peninsula Apartment is $4,080 at Promontory Point Apartment Homes.
What is the lowest price for a Cheap Two Bedroom Balboa Peninsula Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Balboa Peninsula is starting from $4,660 at Promontory Point Apartment Homes.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.