Cheap Homes for Rent in Downtown San Diego Neighborhood of San Diego, CA from $1,500 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown San Diego area of San Diego.

property at 2140 B St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 1 Bath Home for Rent

Available Now

2140 B St

San DiegoCA92102

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.

property at 1080 Park Blvd

$1,995 - $5,950

Studio To 2 Bedroom Rentals

Available Now

1080 Park Blvd

San DiegoCA92101
property at 450 J St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Jun 19

450 J St, Unit 5121

450 J St
San DiegoCA92101
property at 445 Island Ave

$2,195 - $4,725

Studio To 1 Bedroom Rentals

Available Now

445 Island Ave

San DiegoCA92101
property at 1080 Park Blvd

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

Studio, 1 Bath Condo for Rent

Available Now

1080 Park Blvd, Unit 1409

1080 Park Blvd
San DiegoCA92101

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 1080 Park Blvd

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

Studio, 1 Bath Condo for Rent

Available Now

1080 Park Blvd, Unit 1206

1080 Park Blvd
San DiegoCA92101
property at 2776 B St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

2776 B St, Unit 120

2776 B St
San DiegoCA92102
property at 1480 Broadway

$2,250 - $3,497

1 To 3 Bedroom Rentals

Available Now

1480 Broadway

San DiegoCA92101
property at 2732 Treat St

$2,295

Total Monthly Price

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

1 Bedroom, 1 Bath Home for Rent

Available Now

2732 Treat St

San DiegoCA92102
property at 550 15th St

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

Studio, 1 Bath Condo for Rent

Available Now

550 15th St, Unit 401

550 15th St
San DiegoCA92101

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.

Downtown San Diego, San Diego, CA Local Guide

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 ListingModel NameBed/BathPriced From
Arlington ApartmentsSingle Room OccupantStudio,$900
Trolley CourtStandardStudio,$974
Studio 15Studios - 50% AMI - Utilities includedStudio,1BA$1,050
Peachtree Inn - Fully furnished units!StandardStudio,1BA$1,062
Island Village ApartmentsStudio ALL UTILITIES IncludedStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fifth & Olive2 Beds, 1.5 Baths2BR,1.5BA$2.32
K1 Apartments2-J2BR,2BA$2.95
1150 J St, Unit 2171150 J St2BR,2BA$2.95
F11 East Village2J-42BR,2BA$3.12
Pioneer – Lofts (PIOLOF)Lofts1BR,1BA$2.73
MBS StudiosStudioStudio ,1BA$1.56
GEMAA21BR,1BA$3.09
Horton 4th Avenue1BD1BR,1BA$2.82
2140-2144 1st Ave1 Beds, 1 Baths1BR,1BA$2.66
Villa De Oro Apartments1 bedroom1BR,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 Article
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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.

Read Article
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Quick 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.

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Pet Friendly Lifestyle
Downtown San Diego, San Diego, CA

Ranked #3

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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.

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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.

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

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Moving to North County San Diego: Costs, Commutes, and Culture

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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

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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.

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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.

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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.

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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.