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Rent Specials
$3,620 - $7,0551 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.
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Studio to 4 Bedroom Apartments
1701-1703 W Balboa Blvd
1701-1703 W Balboa BlvdNewport Beach, CA 92663
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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.
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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.
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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.
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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.
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 | $4,687 | $2,995 | $5,845 |
| Balboa Peninsula 2 Bedroom Apartments | $5,312 | $4,055 | $7,055 |
| Balboa Peninsula 3 Bedroom Apartments | $18,075 | $5,400 | $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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Balboa Peninsula, Newport Beach, CA Local Guide
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Cheapest Available Balboa Peninsula Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Promontory Point Apartment Homes | Plan 4 | 1BR,1BA | $4,000 |
Best Value Apartments for Rent in Balboa Peninsula, CA
As of December 07, 2025 the best value apartment in the Balboa Peninsula area is the $4.44 price per square foot 208 30th St Model at 208 30th St, Unit 208.5 208 and one half in the in the Balboa Peninsula neighborhood starting from $5,900. The second greatest value Balboa Peninsula apartment is the Plan 4 Model at Promontory Point Apartment Homes starting at $4,000 with a $4.87 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. |
|---|---|---|---|
| 208 30th St, Unit 208.5 208 and one half | 208 30th St | 3BR,2BA | $4.44 |
| Promontory Point Apartment Homes | Plan 4 | 1BR,1BA | $4.87 |
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.
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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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleBalboa Peninsula, Newport Beach, CA
Ranked #33
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $4,000 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 $4,055 at Promontory Point Apartment Homes.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.