Cheap Homes for Rent in Old Town San Diego Neighborhood of San Diego, CA from $1,500 (18 Rentals)

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

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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property at 6780 Friars Rd

6780 Friars Rd

San DiegoCA92108

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Old Town San Diego, San Diego, CA Local Guide

Cheapest Available Old Town San Diego Apartments for Rent

 

The cheapest available apartment rental in the Old Town San Diego area of San Diego, CA is a Studio unit found at The Presidio Apartments priced from $1,508. Redwood Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,675. Here are the most affordable Old Town San Diego apartments for rent in San Diego, CA:

Apartment ListingModel NameBed/BathPriced From
The Presidio ApartmentsStudioStudio,1BA$1,508
Redwood Terrace1BR/1.0BA1BR,1BA$1,675
Overlook Point ApartmentsStudio (Upgraded Flooring)Studio,1BA$1,685
City Lofts0BR/1.0BAStudio,1BA$1,825
Elan Loma HighlandsOptimoStudio,1BA$1,945

Best Value Apartments for Rent in Old Town San Diego, CA

As of July 25, 2025 the best value apartment in the Old Town San Diego area is the $3.08 price per square foot 3 Bed 2 Bath Plan A Model at Apex Mission Valley in the in the Balboa Park neighborhood starting from $4,612. The second greatest value Old Town San Diego apartment is the 3 Bedroom Townhome Model at Loma Palisades starting at $3,400 with a $2.83 price per square foot in the Wooded Area neighborhood. Here is today’s list of the best values for Old Town San Diego apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Apex Mission Valley3 Bed 2 Bath Plan A3BR,2BA$3.08
Loma Palisades3 Bedroom Townhome3BR,1.5BA$2.83
Mission Hills ApartmentsTHE LARK1BR,1BA$3.12
Felix at The SocietyC9 2 Bedroom2BR,2BA$3.19
Fashion Terrace Apartment HomesBrentwood2BR,2BA$2.84
Juniper2BR/2.0BA2BR,2BA$3.30
Loma Village Apartments2BR/2.0BA2BR,2BA$3.19
Loft2015 ApartmentsCosmopolitan-Flat2BR,1BA$3.38
The Margo1 Bedroom, 1 Bath1BR,1BA$3.42
Gaines Street Apartment2BR/1BA2BR,1BA$3.20

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Frequently Asked Questions about Old Town San Diego

What type of rentals are currently available in Old Town San Diego?

There are currently 910 Apartments for Rent in Old Town San Diego, CA with pricing that ranges from $1,033 to $30,000. There are also 132 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Town San Diego ranging from $1,500 to $27,000.

What is the current price range for Rental Homes in Old Town San Diego?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Town San Diego ranges from $1,500 to $27,000 with an average monthly rent of $7,245.

How much are larger Three and Four Bedroom Rentals in Old Town San Diego?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Old Town San Diego range from $3,087 to $12,778, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,150 to $8,500. Four Bedroom Single-Family rentals are also available starting from $5,100 and Four Bedroom Apartments start at $5,300.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.