
Cheap Homes for Rent in the Little Balboa Island Neighborhood of Newport Beach, CA from $3,750 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Little Balboa Island area of Newport Beach.


221 Pearl Ave
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.

329 Rochester St, Unit B

207 Cypress St
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.
Little Balboa Island, Newport Beach, CA Local Guide

How much does it cost to rent a home in Little Balboa Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Little Balboa Island 2 Bedroom Homes for Rent | $5,836 | $3,750 | $9,275 |
| Little Balboa Island 3 Bedroom Homes for Rent | $13,620 | $8,100 | $10,000+ |
| Little Balboa Island 4 Bedroom Homes for Rent | $28,992 | $10,000 | $10,000+ |
| Little Balboa Island 5 Bedroom Homes for Rent | $38,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Little Balboa Island Neighborhood of Newport Beach, CA.
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Little Balboa Island, Newport Beach, CA Local Guide
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Best Value Apartments for Rent in Little Balboa Island, CA
As of September 06, 2026 the best value apartment in the Little Balboa Island area is the $3.31 price per square foot Plan 2B Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,969. The second greatest value Little Balboa Island apartment is the Plan 4 Model at Colony at Fashion Island starting at $5,830 with a $4.27 price per square foot in the UC Irvine neighborhood. Here is today’s list of the best values for Little Balboa Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairway at Big Canyon | Plan 2B | 2BR,2BA | $3.31 |
| Colony at Fashion Island | Plan 4 | 2BR,2BA | $4.27 |
| The Waterfront | B3-VR - 2x2 | 2BR,2BA | $4.73 |
| 1069 Buckingham Lane, 1601-1728 Bedford Lane | 2 Bed 1 Bath Plan B5 | 2BR,1BA | $3.79 |
| Promontory Point Apartment Homes | Plan 6 | 1BR,1BA | $4.67 |
| Eastside Haven at 17th | 2x1 A | 2BR,1BA | $4.44 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $4.25 |
| Newport Bluffs Apartment Village | Residencia - Plan 3 | 1BR,1BA | $4.67 |
| Park Newport | Newport 2 Renovated | 1BR,1BA | $5.29 |
| Eight 80 Newport Beach | Dune I (E1B-S) | Studio ,1BA | $5.26 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Best Local Schools in Little Balboa Island, Newport Beach, CA
Harbor View Elementary School
Newport Harbor High School
Horace Ensign Intermediate
School data provided by Great Schools
Frequently Asked Questions about Little Balboa Island
What type of rentals are currently available in Little Balboa Island?
There are currently 277 Apartments for Rent in Little Balboa Island, CA with pricing that ranges from $1,974 to $20,000. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Balboa Island ranging from $3,750 to $75,000.
What is the current price range for Rental Homes in Little Balboa Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Little Balboa Island ranges from $3,750 to $75,000 with an average monthly rent of $21,534.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.