Cheap Homes for Rent in Balboa Park Neighborhood of San Diego, CA from $800 (82 Rentals)

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

property at 3020 C St

$1,650 - $2,875

1 To 2 Bedroom Townhomes for Rent

Available Now

3020 C St

San DiegoCA92102
property at 3776 Alabama St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

1 Bedroom, 1 Bath Condo for Rent

Available Now

3776 Alabama St, Unit 210, Unit 210

3776 Alabama St
San DiegoCA92104

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.

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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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property at 1643 Sixth Ave

$1,850 - $3,095

Studio To 2 Bedroom Rentals

Available Now

1643 Sixth Ave

San DiegoCA92101
property at 2838 Fairmount Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

1 Bedroom, 1 Bath Home for Rent

Available Now

2838 Fairmount Ave

San DiegoCA92105
property at 2140 B St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995
Total Monthly Price
$1,995

2 Bedroom, 1 Bath Home for Rent

Available Now

2140 B St

San DiegoCA92102

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.

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property at 6416 Friars Rd

$1,995 - $2,895

1 To 2 Bedroom Rentals

Available Now

6416 Friars Rd

San DiegoCA92108
property at 1605 Hotel Cir S

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050
Total Monthly Price
$2,050

Studio, 1 Bath Condo for Rent

Available Now

1605 Hotel Cir S, Unit 105, Unit 105

1605 Hotel Cir S
San DiegoCA92108
property at 6304 Friars Rd

$2,095 - $2,300

1 Bedroom Rentals

Available Now

6304 Friars Rd

San DiegoCA92108

Moving to North County San Diego: Costs, Commutes, and Culture

From surf culture to family-friendly neighborhoods, discover the best North County San Diego areas to rent and what they’re like day-to-day.

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property at 445 Island Ave

$2,195 - $4,725

Studio To 1 Bedroom Rentals

Available Now

445 Island Ave

San DiegoCA92101

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 2

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
The Residences at 3954 KansasOne Bedroom, One Bath1BR,1BA$1,292
Island Village ApartmentsStudio ALL UTILITIES IncludedStudio,1BA$1,300
Villa De Oro ApartmentsStudioStudio,1BA$1,400
MBS StudiosStudioStudio,1BA$1,400
Indiana Street Apartments1x1A1BR,1BA$1,428
Vantaggio Little ItalySmall full size bedStudio,1BA$1,450

Best Value Apartments for Rent in Balboa Park, CA

As of April 14, 2026 the best value apartment in the Balboa Park area is the $1.72 price per square foot Huge Loft Units Model at Lofts at 734 University Ave in the in the Balboa Park neighborhood starting from $3,100. The second greatest value Balboa Park apartment is the 3x2 Model at South Park Place starting at $3,300 with a $2.17 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.
Lofts at 734 University AveHuge Loft UnitsStudio ,1BA$1.72
South Park Place3x23BR,2BA$2.17
Viridian LoftsOne Bedroom One Bath1BR,1BA$1.77
Cornerstone Lofts1BR/1.0BA1BR,1BA$2.40
MBS StudiosStudioStudio ,1BA$1.56
Union GrantvilleB22BR,2BA$1.96
Pacific Vu ApartmentsOne Bedroom1BR,1BA$2.38
Hillside ApartmentsStandard1BR,1BA$2.33
The Residences at 3954 KansasOne Bedroom, One Bath1BR,1BA$1.72
Villa De Oro ApartmentsStudioStudio ,1BA$2.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
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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.

Read Article
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The Student Renter's Ultimate Guide to Finding the Perfect San Diego Neighborhood to Rent

Learn About the Best Neighborhoods to Rent Near College Campuses in San Diego, CA | Find San Diego Off-Campus Student Housing

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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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Best Local Schools in
Balboa Park, San Diego, CA

School data provided by Great Schools

Frequently Asked Questions about Balboa Park

What type of rentals are currently available in Balboa Park?

There are currently 5185 Apartments for Rent in Balboa Park, CA with pricing that ranges from $850 to $18,115. There are also 400 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Park ranging from $845 to $25,000.

What is the current price range for Rental Homes in Balboa Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Balboa Park ranges from $845 to $25,000 with an average monthly rent of $6,368.

How much are larger Three and Four Bedroom Rentals in Balboa Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Balboa Park range from $2,750 to $18,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,750 to $25,000. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $850.

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.

Helpful Local Expert Guides

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Your Guide to Picking the Perfect San Diego Neighborhood for Student Renters

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Choosing the right place to live during your college years can make or break your collegiate experience. My name is Hayden, I’m a San Diego area expert with ApartmentHomeLiving.com and have been in the real estate world for years.

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Articles, How-To's, and Tips

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.