Cheap Apartments for Rent in the Lower Newport Bay Neighborhood of Newport Beach, CA from $1,300 (2 Rentals)

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

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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404 E Balboa Blvd
Studio to 2 Bedroom Apartments

404 E Balboa Blvd

404 E Balboa BlvdNewport Beach, CA 92661
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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.

Lower Newport Bay, Newport Beach, CA Local Guide

Best Value Apartments for Rent in Lower Newport Bay, CA

As of January 01, 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 4 Model at Promontory Point Apartment Homes starting at $4,000 with a $4.87 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$3.89
Promontory Point Apartment HomesPlan 41BR,1BA$4.87
Eight 80 Newport BeachOne Bed (A1I-S23)1BR,1BA$4.90

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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Cash 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.

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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Lower Newport Bay, Newport Beach, CA

Ranked #41

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $1,677.

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 $2,222 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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!