Cheap Apartments for Rent in the Bankers Hill Neighborhood of San Diego, CA from $1,400 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bankers Hill area of San Diego.

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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AV8 Little Italy
$2,624 - $8,307
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$2,624 - $8,307

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Studio to 3 Bedroom Apartments Available Now

AV8 Little Italy

2155 Kettner BlvdSan Diego, CA 92101
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Eighteen Ten State St
Rent Specials
$2,629 - $5,307
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$2,629 - $5,307

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Studio to 1 Bedroom Apartments Available Now

Eighteen Ten State St

1810 State StSan Diego, CA 92101
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Treehouse
Rent Specials
$2,676 - $5,731
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$2,676 - $5,731

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Studio to 2 Bedroom Apartments Available Now

Treehouse

2525 1st AveSan Diego, CA 92103
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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.

property at 811 W Nutmeg St

$2,750 - $3,300

1 To 2 Bedroom Rentals

Available Now

811 W Nutmeg St

San DiegoCA92103
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La Maison
Studio to 1 Bedroom Apartments

La Maison

1818 6th AveSan Diego, CA 92101
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Essex Apartments
Studio Apartments

Essex Apartments

1910 State StSan Diego, CA 92101
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St. Paul's Manor
Studio to 1 Bedroom Apartments

St. Paul's Manor

2635 2nd AveSan Diego, CA 92103
Senior Living
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2241 4th Ave
Studio to 1 Bedroom Apartments

2241 4th Ave

2241 4th AveSan Diego, CA 92101

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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Palms Apartments
1 to 2 Bedroom Apartments

Palms Apartments

2621-2629 1st AveSan Diego, CA 92103
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3145 Reynard Way
1 Bedroom Apartments

3145 Reynard Way

3145 Reynard WaySan Diego, CA 92103
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The Juniper Apartments
Studio to 1 Bedroom Apartments

The Juniper Apartments

2321 2nd AveSan Diego, CA 92101
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Pacific Vu Apartments
1 to 2 Bedroom Apartments

Pacific Vu Apartments

1958 2nd AveSan Diego, CA 92101
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2926-2934 5th Ave
1 to 2 Bedroom Apartments

2926-2934 5th Ave

2926-2934 5th AveSan Diego, CA 92103
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2140-2144 1st Ave
1 Bedroom Apartments

2140-2144 1st Ave

2140-2144 1st AveSan Diego, CA 92101
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Secoya Apartments
Studio to 2 Bedroom Apartments

Secoya Apartments

3067 5th AveSan Diego, CA 92103

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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Prime
Studio to 2 Bedroom Apartments

Prime

1965 Columbia StSan Diego, CA 92101
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1822 Third Ave
1 Bedroom Apartments

1822 Third Ave

1822 3rd AveSan Diego, CA 92101
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Juniper
1 to 2 Bedroom Apartments

Juniper

234 W Juniper StSan Diego, CA 92101
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Curlew Apartments
2 Bedroom Apartments

Curlew Apartments

2640-2646 Curlew StSan Diego, CA 92103
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property at 2410 Albatross St

$2,850

Total Monthly Price

Total Monthly Price

Base Rent
$2,850

Total Monthly Price
$2,850

1 Bedroom, 2 Bath Condo for Rent

Available Now

2410 Albatross St, Unit 6

2410 Albatross St
San DiegoCA92101
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Kaya Bankers Hill
Studio to 2 Bedroom Apartments

Kaya Bankers Hill

2710 3rd AveSan Diego, CA 92103

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.

Bankers Hill, San Diego, CA Local Guide

Cheapest Available Bankers Hill Apartments for Rent

 

The cheapest available apartment rental in the Bankers Hill area of San Diego, CA is a Studio unit found at Vantaggio Little Italy priced from $1,450. Redwood Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. Here are the most affordable Bankers Hill apartments for rent in San Diego, CA:

Apartment ListingModel NameBed/BathPriced From
Vantaggio Little ItalySmall full size bedStudio,1BA$1,450
Redwood Terrace1BR/1.0BA1BR,1BA$1,595
2241 4th Ave0 Beds, 1 BathsStudio,1BA$1,695
City Lofts0BR/1.0BAStudio,1BA$1,745
Thorn CollectionStudioStudio,1BA$1,856
2140-2144 1st Ave1 Beds, 1 Baths1BR,1BA$1,995
Secoya ApartmentsAshStudio,1BA$1,995
Juniper1BR/1.0BA1BR,1BA$2,395
Imperial Tower Apartments4 K1BR,1BA$2,500
Instrata Little ItalyS5Studio,1BA$2,620

Best Value Apartments for Rent in Bankers Hill, CA

As of July 06, 2026 the best value apartment in the Bankers Hill area is the $2.29 price per square foot 2 Beds, 1.5 Baths Model at Fifth & Olive in the in the Balboa Park neighborhood starting from $3,200. The second greatest value Bankers Hill apartment is the 2BR/2.0BA Model at Olea starting at $3,495 with a $3.82 price per square foot in the Balboa Park neighborhood. Here is today’s list of the best values for Bankers Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fifth & Olive2 Beds, 1.5 Baths2BR,1.5BA$2.29
Olea2BR/2.0BA2BR,2BA$3.82
Instrata Little ItalyA31BR,1BA$4.34
Imperial Tower Apartments4 K1BR,1.5BA$3.25
2140-2144 1st Ave1 Beds, 1 Baths1BR,1BA$2.66
Asano on Fourth - Bankers Hill/Little Italy1 Bedroom, 1 Bathroom1BR,1BA$4.49
Il Palazzo ApartmentsB12BR,1BA$4.30
Juniper1BR/1.0BA1BR,1BA$4.52
City Lofts0BR/1.0BAStudio ,1BA$4.11
Redwood Terrace1BR/1.0BA1BR,1BA$3.99

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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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States and customized analysis for San Diego, California. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Bankers Hill Apartments

What is a cheap apartment in Bankers Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bankers Hill is under $2,620.

What is the price of a cheap apartment in Bankers Hill?

The cheapest apartment in Bankers Hill is Redwood Terrace which is listed at $1,595, while the average apartment in Bankers Hill costs $9,506.

What types of apartments are the cheapest in Bankers Hill?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Bankers Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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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