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from $1,751Studio to 2 Bedroom Apartments Available Now
Eight 80 Newport Beach
880 Irvine AveNewport Beach, CA 92663
Cheap Apartments for Rent in the Balboa Peninsula Neighborhood of Newport Beach, CA from $1,300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Balboa Peninsula area of Newport Beach.
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from $2,275Studio Apartments Available Now
Beach House Apartments
1433 Superior AveNewport Beach, CA 92663
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from $2,275Studio to 3 Bedroom Apartments Available Now
Park Newport
1 Park NewportNewport Beach, CA 92660
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from $2,4951 to 2 Bedroom Apartments Contact Us For Availability
Newport Villa Apartments
1549 Placentia AveNewport Beach, CA 92663
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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Rent Specials
from $2,141Studio to 3 Bedroom Apartments Available Now
AVA Newport
1765-1765 Santa Ana AveCosta Mesa, CA 92627
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.
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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 Studio Apartments | $2,120 | $1,751 | $2,425 |
| Balboa Peninsula 1 Bedroom Apartments | $3,064 | $2,164 | $7,310 |
| Balboa Peninsula 2 Bedroom Apartments | $4,114 | $2,795 | $10,000+ |
| Balboa Peninsula 3 Bedroom Apartments | $9,855 | $4,515 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 8 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
The cheapest available apartment rental in the Balboa Peninsula area of Newport Beach, CA is a Studio unit found at Eight 80 Newport Beach priced from $1,741. AVA Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,146. Here are the most affordable Balboa Peninsula apartments for rent in Newport Beach, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eight 80 Newport Beach | Balboa I (E1A-S) | Studio,1BA | $1,741 |
| AVA Newport | S1 | Studio,1BA | $2,146 |
| Park Newport | Wedge | Studio,1BA | $2,275 |
Best Value Apartments for Rent in Balboa Peninsula, CA
As of May 29, 2025 the best value apartment in the Balboa Peninsula area is the $3.82 price per square foot Plan 2 Model at Colony at Fashion Island in the in the Spyglass Hill neighborhood starting from $4,155. The second greatest value Balboa Peninsula apartment is the Plan 1 Model at Promontory Point Apartment Homes starting at $3,810 with a $4.79 price per square foot in the Spyglass Hill 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. |
|---|---|---|---|
| Colony at Fashion Island | Plan 2 | 1BR,1BA | $3.82 |
| Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $4.79 |
| Park Newport | Newport 1 Renovated | 1BR,1BA | $4.89 |
| The Collective | 1 BR/1BA no balcony | 1BR,1BA | $5.30 |
| Beach House Apartments | Studio | Studio ,1BA | $4.55 |
| Eight 80 Newport Beach | Balboa (E1A-N) | Studio ,1BA | $4.86 |
| AVA Newport | S1 | Studio ,1BA | $6.71 |
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Pet Friendly LifestyleBalboa Peninsula, Newport Beach, CA
Ranked #33
Among neighborhoods in Newport Beach, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Balboa Peninsula Apartments
What is the Cheapest Studio apartment in Balboa Peninsula?
Currently the most affordable Cheap Studio Apartment in Balboa Peninsula is at Eight 80 Newport Beach listed at $1,741.
How much is rent for a Cheap One Bedroom Balboa Peninsula Apartment?
The lowest price for a Cheap One Bedroom Balboa Peninsula Apartment is $2,144 at Eight 80 Newport Beach.
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 $2,950 at AVA Newport.
What is the most affordable Balboa Peninsula Three Bedroom Apartment?
The best deal on a cheap Balboa Peninsula Three Bedroom Apartment rental is at Park Newport and starts from $4,858.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.