Cheap Apartments for Rent in the Balboa Park Neighborhood of San Diego, CA from $536 (101 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Balboa Park area of San Diego.

property at 444 G St

$875 - $1,195

Studio Rentals

Available Now

444 G St

San DiegoCA92101

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property at 1944 State St

$1,600 - $4,250

1 To 2 Bedroom Rentals

Available Now

1944 State St

San DiegoCA92101

San Diego's Best Affordable Neighborhoods

Learn about San Diego and the best places to live with original content written by our , Local Expert Hayden Goldberg

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Kettner Crossing Phase 1
Studio to 2 Bedroom Apartments

Kettner Crossing Phase 1

1590 Kettner BlvdSan Diego, CA 92101
Senior Living
  • Utilities Included
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Cedar Gateway
1 to 3 Bedroom Apartments

Cedar Gateway

550 Cedar StSan Diego, CA 92101
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4462-4468 30th St
Studio to 2 Bedroom Apartments

4462-4468 30th St

4462-4468 30th StSan Diego, CA 92116

Balboa Park - One of the Best Affordable Neighborhoods in San Diego

Named as one of the Best Affordable Neighborhoods to rent in San Diego by our , Local Expert Hayden Goldberg. See how it ranks!

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Casa De Lago
1 to 3 Bedroom Apartments

Casa De Lago

4145 Iowa StSan Diego, CA 92104
  • Utilities Included
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3970 Goldfinch St
Studio to 1 Bedroom Apartments

3970 Goldfinch St

3970 Goldfinch StSan Diego, CA 92103
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Metro Villas Apartments
1 to 4 Bedroom Apartments

Metro Villas Apartments

4031-4091 39th StSan Diego, CA 92105
  • Utilities Included
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Vantaggio Broadway
Studio to 2 Bedroom Apartments

Vantaggio Broadway

2650 BroadwaySan Diego, CA 92102
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Indiana Palms
1 Bedroom Apartments

Indiana Palms

3621 Indiana StSan Diego, CA 92103
  • Utilities Included
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4576-4580 32nd St
Studio to 2 Bedroom Apartments

4576-4580 32nd St

4576-4580 32nd StSan Diego, CA 92116
  • Utilities Included

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Balboa Park, San Diego, CA Local Guide

Cheapest Available Balboa Park Apartments for Rent

 

The cheapest available apartment rental in the Balboa Park area of San Diego, CA is a Studio unit found at Arlington Apartments priced from $900. Trolley Court has the second lowest priced unit, which is a Studio apartment currently listed from $974. Here are the most affordable Balboa Park apartments for rent in San Diego, CA:

Apartment ListingModel NameBed/BathPriced From
Arlington ApartmentsSingle Room OccupantStudio,$900
Trolley CourtStandardStudio,$974
3942 8th AveStudioStudio,$995
Peachtree Inn - Fully furnished units!StandardStudio,1BA$1,062
Mitchell Apartments0BR/1.0BAStudio,1BA$1,200
Hillcrest InnStudioStudio,1BA$1,250
Island Village ApartmentsStudio ALL UTILITIES IncludedStudio,1BA$1,300
Chamoune Senior ApartmentsThe Mission - One Bedroom1BR,1BA$1,325
WLA Windsor0BR/1.0BAStudio,1BA$1,395
Tenth Avenue2BR/1.0BA2BR,1BA$1,400

Best Value Apartments for Rent in Balboa Park, CA

As of August 29, 2026 the best value apartment in the Balboa Park area is the $1.75 price per square foot 2270 Boundary St Model at 2270 Boundary St, Unit Upper Unit in the in the Balboa Park neighborhood starting from $3,500. The second greatest value Balboa Park apartment is the Huge Loft Units Model at Lofts at 734 University Ave starting at $3,100 with a $1.72 price per square foot in the Balboa Park neighborhood. Here is today’s list of the best values for Balboa Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2270 Boundary St, Unit Upper Unit2270 Boundary St3BR,2BA$1.75
Lofts at 734 University AveHuge Loft UnitsStudio ,1BA$1.72
Talmadge Canyon ParkPlan 23BR,3BA$2.36
5th Ave-2417-24312BR/1.0BA2BR,1BA$2.46
MBS StudiosStudioStudio ,1BA$1.56
Island Gardens Apartments - Affordable2 Bedroom, 1 Bath - 60% AMI2BR,1BA$2.12
2365 1st Ave1BR/1.0BA1BR,1BA$2.44
Hillside ApartmentsStandard1BR,1BA$2.33
FRH1BR/1.0BA1BR,1BA$2.74
The LeoStudioStudio ,1BA$2.66

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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Real 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.

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Pet Friendly Lifestyle
Balboa Park, San Diego, CA

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Balboa Park, San Diego, and the greater San Diego area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, places to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Balboa Park Apartments

What is the Cheapest Studio apartment in Balboa Park?

Currently the most affordable Cheap Studio Apartment in Balboa Park is at Arlington Apartments listed at $900.

How much is rent for a Cheap One Bedroom Balboa Park Apartment?

The lowest price for a Cheap One Bedroom Balboa Park Apartment is $1,325 at Chamoune Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Balboa Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Balboa Park is starting from $1,400 at Tenth Avenue.

What is the most affordable Balboa Park Three Bedroom Apartment?

The best deal on a cheap Balboa Park Three Bedroom Apartment rental is at Atmosphere Apartments and starts from $2,472.

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.

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