Cheap Apartments for Rent in the Lower Newport Bay Neighborhood of Newport Beach, CA from $1,395 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lower Newport Bay area of Newport Beach.

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404 E Balboa Blvd
Studio to 2 Bedroom Apartments

404 E Balboa Blvd

404 E Balboa BlvdNewport Beach, CA 92661
  • Utilities Included
  • Smoke Free
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1007 E Balboa Blvd
Studio to 2 Bedroom Apartments

1007 E Balboa Blvd

1007 E Balboa BlvdNewport Beach, CA 92661
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1500-1600 Clay St
2 Bedroom Apartments

1500-1600 Clay St

1500-1600 Clay StNewport Beach, CA 92663

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.

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1338 W Balboa Blvd
1 to 2 Bedroom Apartments

1338 W Balboa Blvd

1338 W Balboa BlvdNewport Beach, CA 92661
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1550 Miramar Dr
1 to 2 Bedroom Apartments

1550 Miramar Dr

1550 Miramar DrNewport Beach, CA 92661
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1601 W Balboa Blvd
Studio to 2 Bedroom Apartments

1601 W Balboa Blvd

1601 W Balboa BlvdNewport Beach, CA 92663
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1204 W Balboa Blvd
1 to 3 Bedroom Apartments

1204 W Balboa Blvd

1204 W Balboa BlvdNewport Beach, CA 92661
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307 E Edgewater Ave
Studio to 2 Bedroom Apartments

307 E Edgewater Ave

307 E Edgewater AveNewport Beach, CA 92661
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1420 W Oceanfront
Studio Apartments

1420 W Oceanfront

1420 W OceanfrontNewport Beach, CA 92661
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315 E Bay Ave
2 Bedroom Apartments

315 E Bay Ave

315 E Bay AveNewport Beach, CA 92661

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.

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227 Diamond Ave
Studio Apartments

227 Diamond Ave

227 Diamond AveNewport Beach, CA 92662
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805 N Bayfront
Studio Apartments

805 N Bayfront

805 N BayfrontNewport Beach, CA 92662
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901 E Balboa Blvd
2 to 3 Bedroom Apartments

901 E Balboa Blvd

901 E Balboa BlvdNewport Beach, CA 92661
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1400 Haven Pl
1 Bedroom Apartments

1400 Haven Pl

1400 Haven PlNewport Beach, CA 92663
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1324 W Balboa Blvd
4 Bedroom Apartments

1324 W Balboa Blvd

1324 W Balboa BlvdNewport Beach, CA 92661

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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417 E Bay Ave
1 to 2 Bedroom Apartments

417 E Bay Ave

417 E Bay AveNewport Beach, CA 92661
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330 Balboa Blvd
Studio Apartments

330 Balboa Blvd

330 Balboa BlvdNewport Beach, CA 92661
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542 Bayfront
Studio Apartments

542 Bayfront

542 BayfrontNewport Beach, CA 92662
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301 Edgewater Ave
Studio Apartments

301 Edgewater Ave

301 Edgewater AveNewport Beach, CA 92661
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325 Grand Canal
Studio Apartments

325 Grand Canal

325 Grand CanalNewport Beach, CA 92662
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214 Grand Canal
Studio Apartments

214 Grand Canal

214 Grand CanalNewport Beach, CA 92662
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505 Saint Andrews Rd
2 to 3 Bedroom Apartments

505 Saint Andrews Rd

505 Saint Andrews RdNewport Beach, CA 92663

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.

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201 E Bay Ave
Studio Apartments

201 E Bay Ave

201 E Bay AveNewport Beach, CA 92661
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900 E Oceanfront
Studio Apartments

900 E Oceanfront

900 E OceanfrontNewport Beach, CA 92661
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125 Turquoise Ave
Studio Apartments

125 Turquoise Ave

125 Turquoise AveNewport Beach, CA 92662
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1320 W Balboa Blvd
Studio to 3 Bedroom Apartments

1320 W Balboa Blvd

1320 W Balboa BlvdNewport Beach, CA 92661
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1601 Haven Pl
2 Bedroom Apartments

1601 Haven Pl

1601 Haven PlNewport Beach, CA 92663
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Bayshore Apartments
1 to 2 Bedroom Apartments

Bayshore Apartments

2888 Bayshore DrNewport Beach, CA 92663
  • Utilities Included
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Lightsand
2 Bedroom Apartments

Lightsand

1216-1220 W Balboa BlvdNewport Beach, CA 92661
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Newport Dunes
Studio Apartments

Newport Dunes

1131 Back Bay DrNewport Beach, CA 92660

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.

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305 E Bay Apartments
Studio to 2 Bedroom Apartments

305 E Bay Apartments

305 E Bay AveNewport Beach, CA 92661
  • Utilities Included

Lower Newport Bay, Newport Beach, CA Local Guide

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 $1,911. Promontory Point Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $4,055. Here are the most affordable Lower Newport Bay apartments for rent in Newport Beach, CA:

Apartment ListingModel NameBed/BathPriced From
Eight 80 Newport BeachBalboa (E1A-N)Studio,1BA$1,911
Promontory Point Apartment HomesPlan 51BR,1BA$4,055
The WaterfrontB3-VR - 2x22BR,2BA$6,295

Best Value Apartments for Rent in Lower Newport Bay, CA

As of September 13, 2026 the best value apartment in the Lower Newport Bay area is the $4.73 price per square foot B3-VR - 2x2 Model at The Waterfront in the in the Balboa Island neighborhood starting from $6,295. The second greatest value Lower Newport Bay apartment is the Plan 1 Model at Promontory Point Apartment Homes starting at $4,080 with a $5.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The WaterfrontB3-VR - 2x22BR,2BA$4.73
Promontory Point Apartment HomesPlan 11BR,1BA$5.13
Eight 80 Newport BeachDune I (E1B-S)Studio ,1BA$5.17

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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Quick 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.

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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 $1,911.

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 $2,213 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 $3,155 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

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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.

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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.

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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.

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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.