close
View Me
$3,655 - $6,0401 to 2 Bedroom Apartments Available Now
Promontory Point Apartment Homes
200 Promontory Dr WNewport Beach, CA 92660
Cheap Apartments for Rent in the Balboa Peninsula Neighborhood of Newport Beach, CA from $1,300 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Balboa Peninsula area of Newport Beach.
close
View Me
Studio Apartments
The Towers, Newport
3121 W Coast HwyNewport Beach, CA 92663
close
View Me
Studio to 2 Bedroom Apartments
404 E Balboa Blvd
404 E Balboa BlvdNewport Beach, CA 92661
close
View Me
Studio to 4 Bedroom Apartments
1701-1703 W Balboa Blvd
1701-1703 W Balboa BlvdNewport Beach, CA 92663
close
View Me
2 Bedroom Apartments
1500-1600 Clay St
1500-1600 Clay StNewport Beach, CA 92663
close
View Me
Studio to 2 Bedroom Apartments
1007 E Balboa Blvd
1007 E Balboa BlvdNewport Beach, CA 92661
close
View Me
Studio Apartments
1244 W Balboa Blvd
1244 W Balboa BlvdNewport Beach, CA 92661
close
View Me
1 to 2 Bedroom Apartments
1338 W Balboa Blvd
1338 W Balboa BlvdNewport Beach, CA 92661
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.
close
View Me
Studio Apartments
2600-2700 Newport Blvd
2600-2700 Newport BlvdNewport Beach, CA 92663
close
View Me
Studio Apartments
1300-1304 Coral Pl
1300-1304 Coral PlNewport Beach, CA 92663
close
View Me
2 to 3 Bedroom Apartments
901 E Balboa Blvd
901 E Balboa BlvdNewport Beach, CA 92661
close
View Me
Studio Apartments
1420 W Oceanfront
1420 W OceanfrontNewport Beach, CA 92661
close
View Me
Studio Apartments
Newport Bay Towers
310 Fernando StNewport Beach, CA 92661
close
View Me
Studio Apartments
1224 W Balboa Blvd
1224 W Balboa BlvdNewport Beach, CA 92661
close
View Me
Studio Apartments
2008 W Oceanfront
2008 W OceanfrontNewport Beach, CA 92663
close
View Me
4 Bedroom Apartments
1324 W Balboa Blvd
1324 W Balboa BlvdNewport Beach, CA 92661
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.
close
View Me
Studio to 2 Bedroom Apartments
1601 W Balboa Blvd
1601 W Balboa BlvdNewport Beach, CA 92663
close
View Me
1 to 3 Bedroom Apartments
622-626 Clubhouse Ave
622-626 Clubhouse AveNewport Beach, CA 92663
close
View Me
1 to 3 Bedroom Apartments
1204 W Balboa Blvd
1204 W Balboa BlvdNewport Beach, CA 92661
close
View Me
Studio to 2 Bedroom Apartments
307 E Edgewater Ave
307 E Edgewater AveNewport Beach, CA 92661
close
View Me
2 Bedroom Apartments
315 E Bay Ave
315 E Bay AveNewport Beach, CA 92661
close
View Me
Studio Apartments
1240 W Balboa Blvd
1240 W Balboa BlvdNewport Beach, CA 92661
close
View Me
Studio Apartments
330 Balboa Blvd
330 Balboa BlvdNewport Beach, CA 92661
close
View Me
2 to 3 Bedroom Apartments
Costa Del Sol
1727 W BalboaNewport Beach, CA 92663
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
close
View Me
Studio to 2 Bedroom Apartments
Balboa Boulevard Apartments
403 E Balboa BlvdNewport Beach, CA 92661
close
View Me
1 to 2 Bedroom Apartments
417 E Bay Ave
417 E Bay AveNewport Beach, CA 92661
close
View Me
1 to 2 Bedroom Apartments
2004-2006 Court St
2004-2006 Court StNewport Beach, CA 92663
close
View Me
Studio to 2 Bedroom Apartments
1628 W Oceanfront
1628 W OceanfrontNewport Beach, CA 92663
close
View Me
Studio Apartments
201 E Bay Ave
201 E Bay AveNewport Beach, CA 92661
close
View Me
Studio Apartments
900 E Oceanfront
900 E OceanfrontNewport Beach, CA 92661
close
View Me
Studio to 3 Bedroom Apartments
1320 W Balboa Blvd
1320 W Balboa BlvdNewport Beach, CA 92661
close
View Me
2 to 3 Bedroom Apartments
505 Saint Andrews Rd
505 Saint Andrews RdNewport Beach, CA 92663
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.
close
View Me
Studio Apartments
301 Edgewater Ave
301 Edgewater AveNewport Beach, CA 92661
close
View Me
2 to 3 Bedroom Apartments
The A on Lido
117-127 Via AntibesNewport Beach, CA 92663
close
View Me
2 to 3 Bedroom Apartments
Peninsula Village
2210-2280 Newport BlvdNewport Beach, CA 92663
close
View Me
1 to 3 Bedroom Apartments
The Moana
711 Lido Park DrNewport Beach, CA 92663
close
View Me
1 to 2 Bedroom Apartments
Bayshore Apartments
2888 Bayshore DrNewport Beach, CA 92663
close
View Me
2 Bedroom Apartments
Lightsand
1216-1220 W Balboa BlvdNewport Beach, CA 92661
close
View Me
Studio to 2 Bedroom Apartments
305 E Bay Apartments
305 E Bay AveNewport Beach, CA 92661
close
View Me
Studio to 3 Bedroom Apartments
Balboa Bay Club & Resort
1221 W Coast HwyNewport Beach, CA 92663
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.
Showing Results 1-40, Page 1 of 1
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 | $4,133 | $3,885 | $4,645 |
| Balboa Peninsula 2 Bedroom Apartments | $4,831 | $3,995 | $6,000 |
| Balboa Peninsula 3 Bedroom Apartments | $15,615 | $3,995 | $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.
See all Apartments in Newport BeachExplore Newport Beach
Let everyone know!
Do you know the Balboa Peninsula area?
If you’re an expert on all things Balboa Peninsula, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Cheapest Available Balboa Peninsula Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $3,885 |
| The A on Lido | CAR D | 3BR,2BA | $6,700 |
Best Value Apartments for Rent in Balboa Peninsula, CA
As of June 14, 2026 the best value apartment in the Balboa Peninsula 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 apartment is the Plan 4 Model at Promontory Point Apartment Homes starting at $4,035 with a $4.91 price per square foot in the Balboa Island neighborhood. Here is today’s list of the best values for Balboa Peninsula 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 |
| Promontory Point Apartment Homes | Plan 4 | 1BR,1BA | $4.91 |
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 $3,885 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 $4,190 at Promontory Point Apartment Homes.
What is the most affordable Balboa Peninsula Three Bedroom Apartment?
The best deal on a cheap Balboa Peninsula Three Bedroom Apartment rental is at The A on Lido and starts from $6,700.
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
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.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.