
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.

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.

404 E Balboa Blvd
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.

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 | $2,068 | $1,968 | $2,241 |
| Lower Newport Bay 1 Bedroom Apartments | $2,793 | $2,148 | $4,845 |
| Lower Newport Bay 2 Bedroom Apartments | $4,043 | $2,671 | $7,400 |
| Lower Newport Bay 3 Bedroom Apartments | $16,338 | $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 June 09, 2026 the best value apartment in the Lower Newport Bay area is the $4.35 price per square foot 320 Sapphire Ave Model at 320 Sapphire Ave, Unit 320 1/2 Sapphire in the in the Balboa Island neighborhood starting from $4,350. The second greatest value Lower Newport Bay apartment is the Plan 4 Model at Promontory Point Apartment Homes starting at $4,035 with a $4.91 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. |
|---|---|---|---|
| 320 Sapphire Ave, Unit 320 1/2 Sapphire | 320 Sapphire Ave | 2BR,2BA | $4.35 |
| Promontory Point Apartment Homes | Plan 4 | 1BR,1BA | $4.91 |
| 1601-1801 E 15th Street | 2x1 | 2BR,1BA | $4.83 |
| Eight 80 Newport Beach | Harbor (E1B-N) | Studio ,1BA | $4.51 |
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 $2,148 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 $2,671 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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.