
Cheap Homes for Rent in Little Balboa Island Neighborhood of Newport Beach, CA from $3,700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Little Balboa Island area of Newport Beach.


929 W Balboa Blvd
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.

2101 E 15th St

2521 Seaview Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $7,799 | $3,795 | $10,000+ |
| Little Balboa Island 3 Bedroom Homes for Rent | $10,995 | $4,355 | $10,000+ |
| Little Balboa Island 4 Bedroom Homes for Rent | $21,729 | $8,900 | $10,000+ |
| Little Balboa Island 5 Bedroom Homes for Rent | $16,648 | $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 January 19, 2026 the best value apartment in the Little Balboa Island area is the $4.45 price per square foot 1317 W Bay Ave Model at 1317 W Bay Ave, Unit 1317 W. Bay ave in the in the Balboa Island neighborhood starting from $8,450. The second greatest value Little Balboa Island apartment is the Plan 1A Model at Fairway at Big Canyon starting at $3,849 with a $3.56 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. |
|---|---|---|---|
| 1317 W Bay Ave, Unit 1317 W. Bay ave | 1317 W Bay Ave | 3BR,3BA | $4.45 |
| Fairway at Big Canyon | Plan 1A | 1BR,1BA | $3.56 |
| Westcliff | 2x2P | 2BR,2BA | $3.54 |
| Colony at Fashion Island | Plan 1 | 1BR,1BA | $4.12 |
| 1069 Buckingham Lane, 1601-1728 Bedford Lane | 2 Bed 1 Bath Plan C | 2BR,1BA | $3.94 |
| Promontory Point Apartment Homes | Plan 6 | 1BR,1BA | $4.59 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.30 |
| Newport Bluffs Apartment Village | Residencia - Plan 1 | Studio ,1BA | $5.11 |
| Park Newport | Wedge | Studio ,1BA | $4.53 |
| Eight 80 Newport Beach | Dune I (E1B-S) | Studio ,1BA | $4.22 |
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 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.
Best Local Schools in Little Balboa Island, Newport Beach, CA
Harbor View Elementary
Newport Harbor High
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 275 Apartments for Rent in Little Balboa Island, CA with pricing that ranges from $1,744 to $45,000. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Balboa Island ranging from $3,795 to $50,000.
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 $3,795 to $50,000 with an average monthly rent of $12,334.
How much are larger Three and Four Bedroom Rentals in Little Balboa Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Little Balboa Island range from $3,890 to $45,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,355 to $25,000. Four Bedroom Single-Family rentals are also available starting from $8,900 and Four Bedroom Apartments start at $6,950.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!