
Cheap Apartments for Rent in the Lower Newport Bay Neighborhood of Newport Beach, CA from $1,300 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lower Newport Bay area of Newport Beach.


The Waterfront

Promontory Point Apartment Homes
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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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.
Lower Newport Bay, Newport Beach, CA Local Guide

How much does it cost to rent an apartment in Lower Newport Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower Newport Bay Studio Apartments | $1,881 | $1,677 | $2,047 |
| Lower Newport Bay 1 Bedroom Apartments | $2,672 | $1,914 | $4,990 |
| Lower Newport Bay 2 Bedroom Apartments | $3,652 | $2,663 | $5,250 |
| Lower Newport Bay 3 Bedroom Apartments | $18,118 | $4,795 | $10,000+ |
| Lower Newport Bay 4 Bedroom Apartments | $7,500 | $7,500 | $7,500 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 1 mile radius of the Lower Newport Bay Neighborhood of Newport Beach, CA.
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Lower Newport Bay, Newport Beach, CA Local Guide
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Cheapest Available Lower Newport Bay Apartments for Rent
 The cheapest available apartment rental in the Lower Newport Bay area of Newport Beach, CA is a Studio unit found at Eight 80 Newport Beach priced from $1,677. 1601-1801 E 15th Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $3,199. Here are the most affordable Lower Newport Bay apartments for rent in Newport Beach, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eight 80 Newport Beach | Dune I (E1B-S) | Studio,1BA | $1,677 |
| 1601-1801 E 15th Street | 2x1 | 2BR,1BA | $3,199 |
| Promontory Point Apartment Homes | Plan 2 | 1BR,1BA | $3,620 |
| The Waterfront | B3-VR - 2x2 | 2BR,2BA | $5,175 |
Best Value Apartments for Rent in Lower Newport Bay, CA
As of January 05, 2026 the best value apartment in the Lower Newport Bay area is the $3.89 price per square foot B3-VR - 2x2 Model at The Waterfront in the in the Balboa Island neighborhood starting from $5,175. The second greatest value Lower Newport Bay apartment is the Plan 6 Model at Promontory Point Apartment Homes starting at $4,230 with a $4.59 price per square foot in the Balboa Island neighborhood. Here is today’s list of the best values for Lower Newport Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Waterfront | B3-VR - 2x2 | 2BR,2BA | $3.89 |
| Promontory Point Apartment Homes | Plan 6 | 1BR,1BA | $4.59 |
| 1601-1801 E 15th Street | 2x1 | 2BR,1BA | $4.24 |
| Eight 80 Newport Beach | One Bed (A1I-S23) | 1BR,1BA | $4.89 |
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 Lower Newport Bay, Newport Beach, CA
Newport Harbor High
Horace Ensign Intermediate
School data provided by Great Schools
Frequently Asked Questions about Cheap Lower Newport Bay Apartments
What is the Cheapest Studio apartment in Lower Newport Bay?
Currently the most affordable Cheap Studio Apartment in Lower Newport Bay is at Eight 80 Newport Beach listed at $1,677.
How much is rent for a Cheap One Bedroom Lower Newport Bay Apartment?
The lowest price for a Cheap One Bedroom Lower Newport Bay Apartment is $1,914 at Eight 80 Newport Beach.
What is the lowest price for a Cheap Two Bedroom Lower Newport Bay Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lower Newport Bay is starting from $2,663 at Eight 80 Newport Beach.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!






































