
Cheap Homes for Rent in Lower Newport Bay Neighborhood of Newport Beach, CA from $3,700 (3 Rentals)
Search the lowest-cost Homes 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.

324 E Balboa Blvd, Unit B, Unit B
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.

315 Sapphire 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 | $5,416 | $4,750 | $6,500 |
| Lower Newport Bay 3 Bedroom Homes for Rent | $6,166 | $4,300 | $9,500 |
| Lower Newport Bay 4 Bedroom Homes for Rent | $22,498 | $7,500 | $10,000+ |
| Lower Newport Bay 5 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Browse Homes for Rent 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 May 24, 2026 the best value apartment in the Lower Newport Bay area is the $4.91 price per square foot Plan 4 Model at Promontory Point Apartment Homes in the in the Balboa Island neighborhood starting from $4,035. The second greatest value Lower Newport Bay apartment is the Harbor (E1B-N) Model at Eight 80 Newport Beach starting at $2,033 with a $4.42 price per square foot in the Upper Newport Bay 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 | $4.91 |
| Eight 80 Newport Beach | Harbor (E1B-N) | Studio ,1BA | $4.42 |
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 Lower Newport Bay
What type of rentals are currently available in Lower Newport Bay?
There are currently 122 Apartments for Rent in Lower Newport Bay, CA with pricing that ranges from $1,736 to $35,000. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lower Newport Bay ranging from $3,750 to $30,000.
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 $3,750 to $30,000 with an average monthly rent of $10,566.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.