
Cheap Homes for Rent in Bay Island Neighborhood of Newport Beach, CA from $2,600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Bay Island area of Newport Beach.


2007 Chubasco Dr

1519 Orange Ave
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.

500 Cagney Ln, Unit 109, Unit 109

618 Clubhouse Ave

781 Amigos Way
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.

3121 Coast Hwy
Bay Island, Newport Beach, CA Local Guide

How much does it cost to rent a home in Bay Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bay Island 2 Bedroom Homes for Rent | $7,619 | $3,300 | $10,000+ |
| Bay Island 3 Bedroom Homes for Rent | $9,615 | $4,995 | $10,000+ |
| Bay Island 4 Bedroom Homes for Rent | $22,192 | $7,500 | $10,000+ |
| Bay Island 5 Bedroom Homes for Rent | $21,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Bay Island Neighborhood of Newport Beach, CA.
Explore Newport Beach
Bay Island, Newport Beach, CA Local Guide
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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 Studio unit found at AVA Newport priced from $2,010. Eight 80 Newport Beach has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,063. Here are the most affordable Bay Island apartments for rent in Newport Beach, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| AVA Newport | S1 | Studio,1BA | $2,010 |
| Eight 80 Newport Beach | Peninsula (A1A-S) | 1BR,1BA | $2,063 |
| Park Newport | Wedge | Studio,1BA | $2,452 |
Best Value Apartments for Rent in Bay Island, CA
As of April 10, 2026 the best value apartment in the Bay Island area is the $3.78 price per square foot Plan 5 Model at Colony at Fashion Island in the in the UC Irvine neighborhood starting from $5,840. The second greatest value Bay Island apartment is the 2 Bed 1 3/4 Bath Model at 1606 Westcliff Dr. starting at $3,995 with a $3.84 price per square foot in the Upper Newport Bay 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. |
|---|---|---|---|
| Colony at Fashion Island | Plan 5 | 2BR,2BA | $3.78 |
| 1606 Westcliff Dr. | 2 Bed 1 3/4 Bath | 2BR,2BA | $3.84 |
| Newport Villa Apartments | 3 Bedroom, 2 Bath | 3BR,2BA | $3.38 |
| 1069 Buckingham Lane, 1601-1728 Bedford Lane | 2 Bed 1 Bath Plan B5 | 2BR,1BA | $3.79 |
| 1210 W Oceanfront, Unit 1210.5 W Oceanfront | 1210 W Oceanfront | 1BR,1.5BA | $3.50 |
| 1401-1409 Superior Ave. | 2 Bed 1 Bath S | 2BR,1BA | $3.99 |
| Westcliff | 1x1P | 1BR,1BA | $3.99 |
| Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $5.03 |
| Beach House Apartments | One Bedroom | 1BR,1BA | $3.85 |
| Eight 80 Newport Beach | Studio (E1I-N23) | Studio ,1BA | $4.06 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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 ArticleCash 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.
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 #20
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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 Bay Island
What type of rentals are currently available in Bay Island?
There are currently 355 Apartments for Rent in Bay Island, CA with pricing that ranges from $1,806 to $35,000. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bay Island ranging from $2,650 to $45,000.
What is the current price range for Rental Homes in Bay Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Bay Island ranges from $2,650 to $45,000 with an average monthly rent of $11,170.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.