Cheap Homes for Rent in Balboa Park Neighborhood of San Diego, CA from $1,000 (75 Rentals)

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

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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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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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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property at 1080 Park Blvd

$1,950 - $7,490

Studio To 2 Bedroom Rentals

Available Now

1080 Park Blvd

San DiegoCA92101

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 4177 Iowa St

$2,075

1 Bedroom, 1 Bath Condo for Rent

Available Now

4177 Iowa St

San DiegoCA92104

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Trolley Court priced from $974. 3942 8th Ave has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Balboa Park apartments for rent in San Diego, CA:

Apartment ListingModel NameBed/BathPriced From
Trolley CourtStandardStudio,$974
3942 8th AveStudioStudio,$995
Peachtree Inn - Fully furnished units!StandardStudio,1BA$1,062
Hillcrest InnStudioStudio,1BA$1,250
The Residences at 3954 KansasOne Bedroom, One Bath1BR,1BA$1,292
Island Village ApartmentsStudio ALL UTILITIES IncludedStudio,1BA$1,300
Luther Tower - 55+ Affordable CommunityStudioStudio,1BA$1,350
2855-2865 A St San Diego, CA 92102Studio (R)Studio,1BA$1,399
The Marquis at HillcrestThe UniversityStudio,1BA$1,450
Vantaggio Little ItalySmall full size bedStudio,1BA$1,450

Best Value Apartments for Rent in Balboa Park, CA

As of December 28, 2025 the best value apartment in the Balboa Park area is the $2.19 price per square foot Huge Loft Units Model at Lofts at 734 University Ave in the in the Balboa Park neighborhood starting from $2,850. The second greatest value Balboa Park apartment is the Large 2 Bed 1.5 Bath Model at Koll Center starting at $2,870 with a $2.73 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$2.19
Koll CenterLarge 2 Bed 1.5 Bath2BR,1.5BA$2.73
Talmadge Canyon ParkPlan 12BR,2BA$2.55
4079 38th St4079 38th St2BR,1BA$2.61
The Theater Apartments2 bedroom2BR,1BA$2.78
Horton 4th Avenue1BD1BR,1BA$2.60
Texas St. Apartments2 Bedroom2BR,1BA$2.75
Hillside ApartmentsStandard1BR,1BA$2.33
3967 Illinois St1 Bedroom #91BR,1BA$2.80
The Residences at 3954 KansasOne Bedroom, One Bath1BR,1BA$1.72

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.

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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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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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Quick 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.

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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 5170 Apartments for Rent in Balboa Park, CA with pricing that ranges from $850 to $20,000. There are also 397 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Park ranging from $1,000 to $20,000.

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 $1,000 to $20,000 with an average monthly rent of $6,738.

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 $1,560 to $20,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,900 to $12,060. Four Bedroom Single-Family rentals are also available starting from $4,650 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.

Articles, How-To's, and Tips

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Top 10 Most Affordable Neighborhoods in San Diego: A Local Real Estate Expert Guide

Written by: Hayden Goldberg

Aloha! I’m Hayden, your local San Diego Realtor and relocation expert with ApartmentHomeLiving.com.

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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.