
Cheap Homes for Rent in Little Balboa Island Neighborhood of Newport Beach, CA from $3,800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Little Balboa Island 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.

2101 E 15th St, Unit 8
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.

221 Pearl Ave
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 | $6,717 | $3,800 | $10,000+ |
| Little Balboa Island 3 Bedroom Homes for Rent | $11,741 | $5,200 | $10,000+ |
| Little Balboa Island 4 Bedroom Homes for Rent | $21,310 | $7,500 | $10,000+ |
| Little Balboa Island 5 Bedroom Homes for Rent | $45,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 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 June 20, 2026 the best value apartment in the Little Balboa Island area is the $4.07 price per square foot Plan 4 Model at Colony at Fashion Island in the in the UC Irvine neighborhood starting from $5,555. The second greatest value Little Balboa Island apartment is the 1584 Redlands Pl Model at 1584 Redlands Pl, Unit C starting at $3,600 with a $2.90 price per square foot in the Balboa Island 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. |
|---|---|---|---|
| Colony at Fashion Island | Plan 4 | 2BR,2BA | $4.07 |
| 1584 Redlands Pl, Unit C | 1584 Redlands Pl | 2BR,2.5BA | $2.90 |
| 816 Amigos Way, Unit A | 816 Amigos Way | 2BR,2BA | $2.71 |
| 609 Narcissus Ave, Unit 609.5 Narcissus Avenue | 609 Narcissus Ave | 2BR,1BA | $4.00 |
| 320 Sapphire Ave, Unit 320 1/2 Sapphire | 320 Sapphire Ave | 2BR,2BA | $4.35 |
| Newport Bluffs Apartment Village | Residencia - Plan 4 | 1BR,1BA | $4.28 |
| 1069 Buckingham Lane, 1601-1728 Bedford Lane | 2 Bed 1 Bath Plan F | 2BR,1BA | $4.15 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.34 |
| 1601-1801 E 15th Street | 2x1 | 2BR,1BA | $4.83 |
| Eight 80 Newport Beach | Balboa (E1A-N) | Studio ,1BA | $4.59 |
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.
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 280 Apartments for Rent in Little Balboa Island, CA with pricing that ranges from $1,864 to $35,000. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Balboa Island ranging from $3,800 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 $3,800 to $75,000 with an average monthly rent of $21,192.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.