
Cheap Apartments for Rent in the Bay Island Neighborhood of Newport Beach, CA from $1,300 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bay Island area of Newport Beach.


Beach House Apartments

Total Monthly Price
Park Newport

Ocean Crest Newport

1530 Miramar Dr

125 27th St

Newport Villa Apartments

303 34th St

926 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.

915 E Balboa Blvd

Promontory Point Apartment Homes

414 E Oceanfront

115 36th St

280 Cagney Ln, Unit 312

404 E Balboa Blvd

Newport Seaside Apartment Homes

The Moana

Bedford Apartments
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.

Rutland Apartments

Westview Apartments

1142 Rutland Rd

Bayshore Apartments

2600 Newport Beach Blvd

Seashore Apartments

Sandpointe Cove Apartment Homes

Westcliff

1069 Buckingham Ln
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.

1601-1801 E 15th Street

Lightsand

221 Pearl Ave

AVA Newport

1519 Orange Ave

Eastside Haven at 17th

Total Monthly Price
1765 Santa Ana Ave, Unit SI FL2-ID12446A

Total Monthly Price
1765 Santa Ana Ave, Unit SI FL2-ID12396A

Total Monthly Price
1765 Santa Ana Ave, Unit SI FL1-ID7843A
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.

Total Monthly Price
1765 Santa Ana Ave, Unit SI FL1-ID7826A

283 Knox St
Bay Island, Newport Beach, CA Local Guide

How much does it cost to rent an apartment in Bay Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bay Island Studio Apartments | $2,232 | $1,915 | $2,934 |
| Bay Island 1 Bedroom Apartments | $3,609 | $2,093 | $8,200 |
| Bay Island 2 Bedroom Apartments | $4,596 | $2,838 | $10,000+ |
| Bay Island 3 Bedroom Apartments | $8,219 | $3,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Bay Island Neighborhood of Newport Beach, CA.
See all Apartments in Newport BeachExplore Newport Beach
Bay Island, Newport Beach, CA Local Guide
- Nearby Newport Beach neighborhoods
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Cheapest Available Bay Island Apartments for Rent
 The cheapest available apartment rental in the Bay Island area of Newport Beach, CA is a 1 Bed unit found at Eight 80 Newport Beach priced from $2,282. Beach House Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,395. Here are the most affordable Bay Island apartments for rent in Newport Beach, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eight 80 Newport Beach | Catalina (A1A-N) | 1BR,1BA | $2,282 |
| Beach House Apartments | Studio | Studio,1BA | $2,395 |
| Park Newport | Wedge | Studio,1BA | $2,437 |
| Sandpointe Cove Apartment Homes | Plan C | 2BR,1BA | $3,110 |
| AVA Newport | B2 | 2BR,1BA | $3,165 |
| 1601-1801 E 15th Street | 2x1 | 2BR,1BA | $3,650 |
| Promontory Point Apartment Homes | Plan 2 | 1BR,1BA | $3,675 |
| Eastside Haven at 17th | 2x1 A | 2BR,1BA | $3,950 |
| Villas Fashion Island | Plan A | 1BR,1BA | $5,110 |
| Colony at Fashion Island | Plan 3 | 2BR,2BA | $5,120 |
Best Value Apartments for Rent in Bay Island, CA
As of July 30, 2026 the best value apartment in the Bay Island area is the $6.08 price per square foot Plan S Model at Villas Fashion Island in the in the UC Irvine neighborhood starting from $8,450. The second greatest value Bay Island apartment is the Plan 3 Model at Colony at Fashion Island starting at $5,120 with a $4.02 price per square foot in the UC Irvine neighborhood. Here is today’s list of the best values for Bay Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas Fashion Island | Plan S | 3BR,2BA | $6.08 |
| Colony at Fashion Island | Plan 3 | 2BR,2BA | $4.02 |
| Eastside Haven at 17th | 2x1 A | 2BR,1BA | $4.39 |
| Sandpointe Cove Apartment Homes | Plan C | 2BR,1.5BA | $3.57 |
| AVA Newport | B2 | 2BR,1BA | $3.96 |
| Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $5.11 |
| Park Newport | Balboa 1 Renovated | 1BR,1BA | $4.95 |
| 1601-1801 E 15th Street | 2x1 | 2BR,1BA | $4.83 |
| Eight 80 Newport Beach | Catalina (A1A-N) | 1BR,1BA | $3.46 |
| Beach House Apartments | Studio | Studio ,1BA | $4.79 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Pet Friendly LifestyleBay Island, Newport Beach, CA
Ranked #28
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Bay Island, Newport Beach, CA
Newport Harbor High
Horace Ensign Intermediate
School data provided by Great Schools
Frequently Asked Questions about Cheap Bay Island Apartments
What is the Cheapest Studio apartment in Bay Island?
Currently the most affordable Cheap Studio Apartment in Bay Island is at Eight 80 Newport Beach listed at $2,150.
How much is rent for a Cheap One Bedroom Bay Island Apartment?
The lowest price for a Cheap One Bedroom Bay Island Apartment is $2,282 at Eight 80 Newport Beach.
What is the lowest price for a Cheap Two Bedroom Bay Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bay Island is starting from $2,923 at Eight 80 Newport Beach.
What is the most affordable Bay Island Three Bedroom Apartment?
The best deal on a cheap Bay Island Three Bedroom Apartment rental is at Villas Fashion Island and starts from $8,450.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.