Cheap Homes for Rent in the Balboa Park Neighborhood of San Diego, CA from $985 (46 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 655 Columbia St

$1,350 - $3,400

1 Bedroom Rentals

Available Now

655 Columbia St

San DiegoCA92101

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 3796 Alabama St

$1,625

Total Monthly Price

Total Monthly Price

Base Rent
$1,625
Total Monthly Price
$1,625

1 Bedroom, 1 Bath Condo for Rent

Available Now

3796 Alabama St, Unit 209

3796 Alabama St
San DiegoCA92104
property at 3020 C St

$1,650 - $2,875

1 To 2 Bedroom Townhomes for Rent

Available Now

3020 C St

San DiegoCA92102

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 3825 Van Dyke Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Now

3825 Van Dyke Ave, Unit 6

3825 Van Dyke Ave
San DiegoCA92105
property at 3580 Fourth Ave

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

Studio, 1 Bath Condo for Rent

Available Now

3580 Fourth Ave

San DiegoCA92103
property at 3740 Sixth Ave

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

1 Bedroom, 1 Bath Condo for Rent

Available Now

3740 Sixth Ave

San DiegoCA92103

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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property at 1643 6th Ave

$1,989

Total Monthly Price

Total Monthly Price

Base Rent
$1,989
Total Monthly Price
$1,989

Studio, 1 Bath Condo for Rent

Available Now

1643 6th Ave, Unit 414

1643 6th Ave
San DiegoCA92101
property at 4159 Adams Ave

$2,045 - $2,295

1 Bedroom Rentals

Available Now

4159 Adams Ave

San DiegoCA92116

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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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

1605 Hotel Cir S
San DiegoCA92108
property at 4255 33rd St

$2,088

Total Monthly Price

Total Monthly Price

Base Rent
$2,088
Total Monthly Price
$2,088

1 Bedroom, 1 Bath Condo for Rent

Available Now

4255 33rd St, Unit 2

4255 33rd St
San DiegoCA92104
property at 6202 Friars Rd

$1,900 - $2,095

Studio Rentals

Available Now

6202 Friars Rd

San DiegoCA92108
property at 3535 Monroe Ave

$2,095 - $2,595

1 To 2 Bedroom Rentals

Available Now

3535 Monroe Ave

San DiegoCA92116
property at 3776 Alabama St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

3776 Alabama St, Unit C212

3776 Alabama St
San DiegoCA92104

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-46, Page 1 of 1

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 30, 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
Del Rio Apartment HomesPlan E2BR,2BA$2.73
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
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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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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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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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 5201 Apartments for Rent in Balboa Park, CA with pricing that ranges from $855 to $29,240. There are also 354 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Park ranging from $985 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 $985 to $25,000 with an average monthly rent of $3,616.

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 $2,472 to $19,687, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,688 to $25,000. Four Bedroom Single-Family rentals are also available starting from $1,690 and Four Bedroom Apartments start at $855.

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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Written by: Hayden Goldberg

Sun, surf, clean air, healthy lifestyles, and a coastline that seems to stretch as far as the eyes can see.

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Ditch the Freeway: San Diego's Best Renting Spots for a Shorter Commute

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Hey there! I’m Hayden, your ApartmentHomeLiving.com local expert for San Diego.

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Written by: Hayden Goldberg

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.