
Cheap Homes for Rent in Downtown San Diego Neighborhood of San Diego, CA from $1,500 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown San Diego area of San Diego.


2263 Fourth Ave

2782 Broadway, Unit 301

2241 Fourth Ave

2578 L St

2140 B St
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.

1080 Park Blvd

450 J St, Unit 5121

1435 India St

445 Island Ave

532 Cesar E. Chavez Pkwy

1080 Park Blvd, Unit 1409
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.

1080 Park Blvd, Unit 1206

2776 B St, Unit 120

1480 Broadway

2732 Treat St

1080 Park Blvd, Unit 710

550 15th St, Unit 401
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.

948 G St
Downtown San Diego, San Diego, CA Local Guide

How much does it cost to rent a home in Downtown San Diego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown San Diego 2 Bedroom Homes for Rent | $4,643 | $1,995 | $10,000+ |
| Downtown San Diego 3 Bedroom Homes for Rent | $7,927 | $4,000 | $10,000+ |
| Downtown San Diego 4 Bedroom Homes for Rent | $17,333 | $7,000 | $10,000+ |
| Downtown San Diego 5 Bedroom Homes for Rent | $12,500 | $10,000 | $10,000+ |
| Downtown San Diego 6 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
| Downtown San Diego 7 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown San Diego Neighborhood of San Diego, CA.
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Downtown San Diego, San Diego, CA Local Guide
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Cheapest Available Downtown San Diego Apartments for Rent
 The cheapest available apartment rental in the Downtown San Diego 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 Downtown San Diego apartments for rent in San Diego, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arlington Apartments | Single Room Occupant | Studio, | $900 |
| Trolley Court | Standard | Studio, | $974 |
| Studio 15 | Studios - 50% AMI - Utilities included | Studio,1BA | $1,050 |
| Peachtree Inn - Fully furnished units! | Standard | Studio,1BA | $1,062 |
| Island Village Apartments | Studio ALL UTILITIES Included | Studio,1BA | $1,300 |
Best Value Apartments for Rent in Downtown San Diego, CA
As of June 13, 2026 the best value apartment in the Downtown San Diego area is the $2.32 price per square foot 2 Beds, 1.5 Baths Model at Fifth & Olive in the in the Balboa Park neighborhood starting from $3,250. The second greatest value Downtown San Diego apartment is the 2-J Model at K1 Apartments starting at $3,826 with a $2.95 price per square foot in the Horton Plaza neighborhood. Here is today’s list of the best values for Downtown San Diego 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 | $2.32 |
| K1 Apartments | 2-J | 2BR,2BA | $2.95 |
| 1150 J St, Unit 217 | 1150 J St | 2BR,2BA | $2.95 |
| F11 East Village | 2J-4 | 2BR,2BA | $3.12 |
| Pioneer – Lofts (PIOLOF) | Lofts | 1BR,1BA | $2.73 |
| MBS Studios | Studio | Studio ,1BA | $1.56 |
| GEMA | A2 | 1BR,1BA | $3.09 |
| Horton 4th Avenue | 1BD | 1BR,1BA | $2.82 |
| 2140-2144 1st Ave | 1 Beds, 1 Baths | 1BR,1BA | $2.66 |
| Villa De Oro Apartments | 1 bedroom | 1BR,1BA | $2.90 |
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.
Pet Friendly LifestyleDowntown San Diego, San Diego, CA
Ranked #3
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown San Diego, San Diego, CA
Roosevelt International Middle
School data provided by Great Schools
Frequently Asked Questions about Downtown San Diego
What type of rentals are currently available in Downtown San Diego?
There are currently 1111 Apartments for Rent in Downtown San Diego, CA with pricing that ranges from $900 to $28,966. There are also 175 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown San Diego ranging from $1,500 to $30,000.
What is the current price range for Rental Homes in Downtown San Diego?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown San Diego ranges from $1,500 to $30,000 with an average monthly rent of $10,372.
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
Written by: Hayden Goldberg
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.