Cheap Homes for Rent in the Little Balboa Island Neighborhood of Newport Beach, CA from $3,750 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in the Little Balboa Island area of Newport Beach.

property at 1503 Clay St
$3,750
2 Bedroom Rentals
Available Now
Affordability

1503 Clay St

Newport BeachCA92663

Rent According to Income: A Look at Income-Restricted Rentals

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property at 329 Rochester St
$4,500

Total Monthly Price

Base Rent$4,500

Total Monthly Price$4,500
2 Bedroom, 2 Bath Home for Rent
Available Now

329 Rochester St, Unit B

329 Rochester St
Costa MesaCA92627
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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

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fairway at Big CanyonPlan 2B2BR,2BA$3.31
Colony at Fashion IslandPlan 42BR,2BA$4.27
The WaterfrontB3-VR - 2x22BR,2BA$4.73
1069 Buckingham Lane, 1601-1728 Bedford Lane2 Bed 1 Bath Plan B52BR,1BA$3.79
Promontory Point Apartment HomesPlan 61BR,1BA$4.67
Eastside Haven at 17th2x1 A2BR,1BA$4.44
Baywood Apartment HomesPlan 11BR,1BA$4.25
Newport Bluffs Apartment VillageResidencia - Plan 31BR,1BA$4.67
Park NewportNewport 2 Renovated1BR,1BA$5.29
Eight 80 Newport BeachDune 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.

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Navigating 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.

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Real 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.

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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

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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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.