
Cheap Apartments for Rent in the Bankers Hill Neighborhood of San Diego, CA from $1,400 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bankers Hill area of San Diego.


Barcelona

Redwood Terrace

City Lofts

2139 Brant St

Total Monthly Price
Thorn Collection

Windsor Apartments

2664 Sixth Ave

2151 Brant St

Elan Luxo II
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.

Instrata Little Italy

Imperial Tower Apartments

Total Monthly Price
AV8 Little Italy

2687 Reynard Way

Total Monthly Price
Eighteen Ten State St

Total Monthly Price
2330 1st Ave, Unit Bankers Hill Condo With Downtown Views

Asano on Ivy

Total Monthly Price
Treehouse

AVA Balboa Park

Total Monthly Price
2169 Brant St, Unit 2167 Brant st
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.

811 W Nutmeg St

Il Palazzo Apartments

Asano on Fourth - Bankers Hill/Little Italy

La Maison

Essex Apartments

Hawthorne Studio Apartments

Balboa Park Apartments

St. Paul's Manor

2261 4th Ave

2241 4th Ave
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.

Palms Apartments

3145 Reynard Way

2241 Fourth Ave

1924 Front St

The Palomar Apartments

The Juniper Apartments

Pacific Vu Apartments

2926-2934 5th Ave

2140-2144 1st Ave

Secoya Apartments
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.

2120 State Street

Prime

1822 Third Ave

Hawthorn Apartments

the Cathryn Apartments

Juniper

Curlew Apartments

2410 Albatross St, Unit 6

2154 Union St

Kaya Bankers Hill
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

How much does it cost to rent an apartment in Bankers Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bankers Hill Studio Apartments | $2,508 | $1,450 | $10,000+ |
| Bankers Hill 1 Bedroom Apartments | $4,227 | $1,595 | $10,000+ |
| Bankers Hill 2 Bedroom Apartments | $6,172 | $2,625 | $10,000+ |
| Bankers Hill 3 Bedroom Apartments | $8,066 | $4,179 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 55 rentals with your search options within a 2 mile radius of the Bankers Hill Neighborhood of San Diego, CA.
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Bankers Hill, San Diego, CA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vantaggio Little Italy | Small full size bed | Studio,1BA | $1,450 |
| Redwood Terrace | 1BR/1.0BA | 1BR,1BA | $1,595 |
| 2241 4th Ave | 0 Beds, 1 Baths | Studio,1BA | $1,695 |
| City Lofts | 0BR/1.0BA | Studio,1BA | $1,745 |
| Thorn Collection | Studio | Studio,1BA | $1,856 |
| 2140-2144 1st Ave | 1 Beds, 1 Baths | 1BR,1BA | $1,995 |
| Secoya Apartments | Ash | Studio,1BA | $1,995 |
| Juniper | 1BR/1.0BA | 1BR,1BA | $2,395 |
| Imperial Tower Apartments | 4 K | 1BR,1BA | $2,500 |
| Instrata Little Italy | S5 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fifth & Olive | 2 Beds, 1.5 Baths | 2BR,1.5BA | $2.29 |
| Olea | 2BR/2.0BA | 2BR,2BA | $3.82 |
| Instrata Little Italy | A3 | 1BR,1BA | $4.34 |
| Imperial Tower Apartments | 4 K | 1BR,1.5BA | $3.25 |
| 2140-2144 1st Ave | 1 Beds, 1 Baths | 1BR,1BA | $2.66 |
| Asano on Fourth - Bankers Hill/Little Italy | 1 Bedroom, 1 Bathroom | 1BR,1BA | $4.49 |
| Il Palazzo Apartments | B1 | 2BR,1BA | $4.30 |
| Juniper | 1BR/1.0BA | 1BR,1BA | $4.52 |
| City Lofts | 0BR/1.0BA | Studio ,1BA | $4.11 |
| Redwood Terrace | 1BR/1.0BA | 1BR,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.
Read ArticleThe 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
Read ArticleReal 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.
Read ArticleQuick 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.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect San Diego Neighborhood for Student Renters
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.

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.

Moving to North County San Diego: Costs, Commutes, and Culture
Written by: Hayden Goldberg
Sun, surf, clean air, healthy lifestyles, and a coastline that seems to stretch as far as the eyes can see.
Articles, How-To's, and Tips

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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.