618 Clubhouse Ave
Newport BeachCA92663
Cheap Homes for Rent in Balboa Peninsula Neighborhood of Newport Beach, CA from $3,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Balboa Peninsula area of Newport Beach.
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.
3121 Coast Hwy
Newport BeachCA92663
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.
312 St Andrews Rd
Newport BeachCA92663
Showing Results 1-3, Page 1 of 1
Balboa Peninsula, Newport Beach, CA Local Guide
How much does it cost to rent a home in Balboa Peninsula?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa Peninsula 2 Bedroom Homes for Rent | $9,498 | $3,300 | $10,000+ |
| Balboa Peninsula 3 Bedroom Homes for Rent | $16,000 | $9,500 | $10,000+ |
| Balboa Peninsula 4 Bedroom Homes for Rent | $9,231 | $7,395 | $10,000+ |
| Balboa Peninsula 5 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Balboa Peninsula Neighborhood of Newport Beach, CA.
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Best Value Apartments for Rent in Balboa Peninsula, CA
As of April 25, 2026 the best value apartment in the Balboa Peninsula area is the $3.50 price per square foot 1210 W Oceanfront Model at 1210 W Oceanfront, Unit 1210.5 W Oceanfront in the in the Balboa Island neighborhood starting from $3,500. The second greatest value Balboa Peninsula apartment is the Plan 1 Model at Promontory Point Apartment Homes starting at $4,025 with a $5.06 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. |
|---|---|---|---|
| 1210 W Oceanfront, Unit 1210.5 W Oceanfront | 1210 W Oceanfront | 1BR,1.5BA | $3.50 |
| Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $5.06 |
Frequently Asked Questions about Balboa Peninsula
What type of rentals are currently available in Balboa Peninsula?
There are currently 123 Apartments for Rent in Balboa Peninsula, CA with pricing that ranges from $2,995 to $35,000. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Peninsula ranging from $3,300 to $23,990.
What is the current price range for Rental Homes in Balboa Peninsula?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Balboa Peninsula ranges from $3,300 to $23,990 with an average monthly rent of $10,625.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.