
Cheap Apartments for Rent in the Lower Newport Bay Neighborhood of Newport Beach, CA from $1,300 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lower Newport Bay area of Newport Beach.

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.

404 E Balboa Blvd
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.

Bayshore Apartments
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 | $2,158 | $1,928 | $2,644 |
| Lower Newport Bay 1 Bedroom Apartments | $3,148 | $2,063 | $5,720 |
| Lower Newport Bay 2 Bedroom Apartments | $4,368 | $2,911 | $6,795 |
| Lower Newport Bay 3 Bedroom Apartments | $10,091 | $3,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Lower Newport Bay, CA
As of July 25, 2026 the best value apartment in the Lower Newport Bay area is the $4.96 price per square foot Plan 1 Model at Promontory Point Apartment Homes in the in the Balboa Island neighborhood starting from $3,945. The second greatest value Lower Newport Bay apartment is the 2x1 Model at 1601-1801 E 15th Street starting at $3,650 with a $4.83 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. |
|---|---|---|---|
| Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $4.96 |
| 1601-1801 E 15th Street | 2x1 | 2BR,1BA | $4.83 |
| Eight 80 Newport Beach | Studio (E1H-N23) | Studio ,1BA | $4.18 |
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 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
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 $2,063 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 $3,650 at 1601-1801 E 15th Street.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.