Cheap Homes for Rent in Lower Newport Bay Neighborhood of Newport Beach, CA from $5,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Lower Newport Bay area of Newport Beach.

2101 E 15th St

440 Villa Point Dr

321 Coral Ave
Lower Newport Bay, Newport Beach, CA Local Guide

How much does it cost to rent a home in Lower Newport Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower Newport Bay 2 Bedroom Homes for Rent | $7,573 | $5,000 | $10,000+ |
| Lower Newport Bay 3 Bedroom Homes for Rent | $11,825 | $7,000 | $10,000+ |
| Lower Newport Bay 4 Bedroom Homes for Rent | $34,281 | $10,000 | $10,000+ |
| Lower Newport Bay 5 Bedroom Homes for Rent | $19,266 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 4 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 November 10, 2025 the best value apartment in the Lower Newport Bay area is the $4.86 price per square foot Plan 4 Model at Promontory Point Apartment Homes in the in the Balboa Island neighborhood starting from $3,995. The second greatest value Lower Newport Bay apartment is the 2x1 Model at 1601-1801 E 15th Street starting at $3,400 with a $4.51 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 4 | 1BR,1BA | $4.86 |
| 1601-1801 E 15th Street | 2x1 | 2BR,1BA | $4.51 |
| 300 Coral Ave, Unit Half 1-2 | 300 Coral Ave | 2BR,1BA | $7.33 |
| 1401 W Balboa Blvd, Unit A | 1401 W Balboa Blvd | 2BR,1BA | $4.92 |
| Eight 80 Newport Beach | Dune I (E1B-S) | Studio ,1BA | $4.64 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleLower Newport Bay, Newport Beach, CA
Ranked #41
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 Lower Newport Bay
What type of rentals are currently available in Lower Newport Bay?
There are currently 127 Apartments for Rent in Lower Newport Bay, CA with pricing that ranges from $1,807 to $45,000. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower Newport Bay ranging from $5,000 to $60,000.
What is the current price range for Rental Homes in Lower Newport Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lower Newport Bay ranges from $5,000 to $60,000 with an average monthly rent of $18,236.
How much are larger Three and Four Bedroom Rentals in Lower Newport Bay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lower Newport Bay range from $4,995 to $45,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $7,000 to $24,000. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $7,500.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
