Cheap Homes for Rent in Balboa Park Neighborhood of San Diego, CA from $1,200 (70 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 3796 Alabama St

3796 Alabama St

San DiegoCA92104
property at 235 Market St

235 Market St

San DiegoCA92101
property at 3760 10th Ave

3760 10th Ave

San DiegoCA92103
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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 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
Vantaggio Little ItalySmall full size bedStudio,1BA$1,450
Vantaggio Suites HillcrestSmall WestStudio,1BA$1,475
DL A StStudio (R)Studio,1BA$1,499
The Theater ApartmentsStudioStudio,1BA$1,500
4030 Front St4030 Front St.1BR,1BA$1,500

Best Value Apartments for Rent in Balboa Park, CA

As of November 13, 2025 the best value apartment in the Balboa Park area is the $2.16 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 One Bedroom One Bath Model at Viridian Lofts starting at $2,200 with a $1.89 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$2.16
Viridian LoftsOne Bedroom One Bath1BR,1BA$1.89
Talmadge Canyon ParkPlan 12BR,2BA$2.55
3819 Wilson Ave, Unit 13819 Wilson Ave2BR,1BA$2.05
Talmadge on 44th2BR/2.0BA2BR,2BA$2.47
Arrive Broadway LoftsAvenue StudioStudio ,1BA$2.59
Union GrantvilleB22BR,2BA$1.96
Hillside ApartmentsStandard1BR,1BA$2.33
The Residences at 3954 KansasOne Bedroom, One Bath1BR,1BA$1.72
4030 Front St4030 Front St.1BR,1BA$2.44

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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 5163 Apartments for Rent in Balboa Park, CA with pricing that ranges from $850 to $20,000. There are also 446 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Park ranging from $1,225 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 $1,225 to $20,000 with an average monthly rent of $7,157.

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 $3,000 to $12,739. Four Bedroom Single-Family rentals are also available starting from $3,895 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.

decorative image for Top 10 Most Affordable Neighborhoods in San Diego: A Local Real Estate Expert Guide article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.