Cheap Homes for Rent in Balboa Park Neighborhood of San Diego, CA from $1,000 (55 Rentals)

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

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 3844 Swift Ave

3844 Swift Ave

San DiegoCA92104
property at 1124 Eureka St

1124 Eureka St

San DiegoCA92110

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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property at 6780 Friars Rd

6780 Friars Rd

San DiegoCA92108

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 875 G St

875 G St

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 1435 India St

1435 India St

San DiegoCA92101
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 3942 8th Ave priced from $1,050. Peachtree Inn has the second lowest priced unit, which is a Studio apartment currently listed from $1,062. Here are the most affordable Balboa Park apartments for rent in San Diego, CA:

Apartment ListingModel NameBed/BathPriced From
3942 8th AveStudioStudio,$1,050
Peachtree InnStandardStudio,1BA$1,062
MonroeS2MStudio,1BA$1,426
Vantaggio Little ItalySmall full size bedStudio,1BA$1,450
Island FlatsSmall StudioStudio,1BA$1,500
WLA 509 Park0BR/1.0BAStudio,1BA$1,550
Luther Tower - 55+ Affordable CommunityStudioStudio,1BA$1,591
WLA Windsor0BR/1.0BAStudio,1BA$1,595
The Marquis at HillcrestThe UniversityStudio,1BA$1,600

Best Value Apartments for Rent in Balboa Park, CA

As of August 03, 2025 the best value apartment in the Balboa Park area is the $2.57 price per square foot 3x2 Model at South Park Place in the in the Balboa Park neighborhood starting from $3,895. The second greatest value Balboa Park apartment is the Huge Loft Units Model at Lofts at 734 University Ave starting at $3,000 with a $2.27 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.
South Park Place3x23BR,2BA$2.57
Lofts at 734 University AveHuge Loft UnitsStudio ,1BA$2.27
The Parker1, 2, 3, 6, 7, 8, 12A, 14, 19, 202BR,1BA$2.84
Viridian LoftsOne Bedroom One Bath1BR,1BA$2.59
1829 31st St, Unit B1829 31st St2BR,1.5BA$2.47
4772 34th St, Unit 2 bedroom Normal Heights4772 34th St2BR,1BA$2.65
418 Thorn St, Unit 418418 Thorn St1BR,1BA$2.83
Yale Lofts789 11th Avenue2BR,1BA$2.32
4245 34th StTwo Bedroom One Bathroom2BR,1BA$2.80
Hillside ApartmentsStandard1BR,1BA$2.40

Quick Rent Budget Calculator

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Frequently Asked Questions about Balboa Park

What type of rentals are currently available in Balboa Park?

There are currently 5143 Apartments for Rent in Balboa Park, CA with pricing that ranges from $850 to $30,000. There are also 503 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Park ranging from $1,045 to $27,000.

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 $1,045 to $27,000 with an average monthly rent of $8,489.

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 $24,291, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $18,110. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $850.

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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.