
Cheap Homes for Rent in Old Town San Diego Neighborhood of San Diego, CA from $1,200 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Town San Diego area of San Diego.


1621 Hotel Cir S

2055 Morena Blvd

1714 Galveston St

3691 Reynard Way, Unit A
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.

1507 Galveston St

6416 Friars Rd

1605 Hotel Cir S

1605 Hotel Cir S, Unit 105

4284 Third Ave
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6780 Friars Rd, Unit 332

3982 Valeta St

424 W University Ave

3050 Rue D’Orleans

5836 Lauretta St
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4012 Valeta St

1122 Eureka St
Old Town San Diego, San Diego, CA Local Guide

How much does it cost to rent a home in Old Town San Diego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town San Diego 2 Bedroom Homes for Rent | $3,637 | $2,375 | $6,225 |
| Old Town San Diego 3 Bedroom Homes for Rent | $5,554 | $3,190 | $9,995 |
| Old Town San Diego 4 Bedroom Homes for Rent | $11,890 | $4,395 | $10,000+ |
| Old Town San Diego 5 Bedroom Homes for Rent | $7,795 | $7,795 | $7,795 |
| Old Town San Diego 7 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Old Town San Diego Neighborhood of San Diego, CA.
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Old Town San Diego, San Diego, CA Local Guide
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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 1 Bed unit found at Redwood Terrace priced from $1,595. Canyon Breeze has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here are the most affordable Old Town San Diego apartments for rent in San Diego, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Redwood Terrace | 1BR/1.0BA | 1BR,1BA | $1,595 |
| Canyon Breeze | 1 Bed 1 Bath | 1BR,1BA | $1,695 |
| City Lofts | 0BR/1.0BA | Studio,1BA | $1,745 |
| Bay Park Apartments | 1 Bedroom | 1BR,1BA | $1,775 |
| The Presidio Apartments | One Bedroom | 1BR,1BA | $1,821 |
Best Value Apartments for Rent in Old Town San Diego, CA
As of June 18, 2026 the best value apartment in the Old Town San Diego area is the $2.54 price per square foot 2 Bedroom Cove Model at Loma Palisades in the in the Wooded Area neighborhood starting from $2,600. The second greatest value Old Town San Diego apartment is the 1BR/1.0BA Model at The Californian Coastal Apartments starting at $2,695 with a $2.95 price per square foot in the Midway District neighborhood. Here is today’s list of the best values for Old Town San Diego apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Loma Palisades | 2 Bedroom Cove | 2BR,1BA | $2.54 |
| The Californian Coastal Apartments | 1BR/1.0BA | 1BR,1BA | $2.95 |
| The Margo | 1 Bedroom, 1 Bath | 1BR,1BA | $3.26 |
| 5722 Riley St | 2 Beds, 2 Baths | 2BR,2BA | $3.26 |
| Gaines Street Apartment | 2BR/1BA | 2BR,1BA | $3.20 |
| 2140-2144 1st Ave | 1 Beds, 1 Baths | 1BR,1BA | $2.66 |
| Loma Portal | 1 Bedroom/1 Bath | 1BR,1BA | $3.03 |
| 4284-4288 3rd Ave | 1 Beds, 1 Baths | 1BR,1BA | $3.23 |
| Canyon Breeze | 1 Bed 1 Bath | 1BR,1BA | $3.08 |
| Bay Park Apartments | 1 Bedroom | 1BR,1BA | $3.23 |
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 LifestyleOld Town San Diego, San Diego, CA
Ranked #16
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Old Town San Diego
What type of rentals are currently available in Old Town San Diego?
There are currently 912 Apartments for Rent in Old Town San Diego, CA with pricing that ranges from $1,084 to $11,084. There are also 118 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Town San Diego ranging from $1,200 to $35,000.
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 $1,200 to $35,000 with an average monthly rent of $7,684.
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 $3,310 to $5,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,190 to $9,995. Four Bedroom Single-Family rentals are also available starting from $4,395 and Four Bedroom Apartments start at $10,000.
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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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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Pet-Friendly Renting: Everything You Need to Know Before You Move
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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
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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.