
Cheap Apartments for Rent in the Old Town Neighborhood of San Diego, CA from $1,737 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of San Diego.


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The Warwick

Arbor Crest on Fourth

4th Avenue Apartments

Pacific Heights II

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The Hills at Fashion Valley

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Mariners Cove
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Gables Point Loma

Montecito Point

Modernaire Apartments

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Rowyn

Loma Village Apartments

Rivair Apartment Homes

Loma Portal
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Bevel Apartments

Il Palazzo Apartments

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Gema San Diego Townhomes

Flora + Fauna

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Ancora Apartments

Instrata Little Italy
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Bowen Apartments

Nauticus

Griffis Mission Valley

West Park

Hillcrest Place

The Old Town Apartment Homes

Old Town Apartments
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Serra House Apartments

2628 Juan St

2530 Juan St
Old Town, San Diego, CA Local Guide

How much does it cost to rent an apartment in Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town Studio Apartments | $2,794 | $1,995 | $4,453 |
| Old Town 1 Bedroom Apartments | $3,460 | $2,195 | $10,000+ |
| Old Town 2 Bedroom Apartments | $5,119 | $2,508 | $10,000+ |
| Old Town 3 Bedroom Apartments | $6,648 | $3,275 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Old Town Neighborhood of San Diego, CA.
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Cheapest Available Old Town Apartments for Rent
 The cheapest available apartment rental in the Old Town area of San Diego, CA is a Studio unit found at Rainford Apartments priced from $1,995. 4th Avenue Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,195. Here are the most affordable Old Town apartments for rent in San Diego, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rainford Apartments | S5 | Studio,1BA | $1,995 |
| 4th Avenue Apartments | Layout B | 1BR,1BA | $2,195 |
| The Hills at Fashion Valley | Design 1A Premier 3 | 1BR,1BA | $2,235 |
| Gables Point Loma | E | 1BR,1BA | $2,291 |
| Montecito Point | 1 Bedroom 1 Bath | 1BR,1BA | $2,303 |
| Modernaire Apartments | 1 Bed 1 Bath Classic | 1BR,1BA | $2,375 |
| Mariners Cove | The Sunset Premier 2 | 1BR,1BA | $2,384 |
| Rivair Apartment Homes | S1 | Studio,1BA | $2,445 |
| Loma Portal | 1 Bedroom/1 Bath | 1BR,1BA | $2,450 |
| Bevel Apartments | S1 | Studio,1BA | $2,457 |
Best Value Apartments for Rent in Old Town, CA
As of September 12, 2026 the best value apartment in the Old Town area is the $3.28 price per square foot H Model at Pacific Ridge in the in the Balboa Park neighborhood starting from $4,500. The second greatest value Old Town apartment is the B2 Model at Gema San Diego Townhomes starting at $3,324 with a $2.87 price per square foot in the Balboa Park neighborhood. Here is today’s list of the best values for Old Town apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pacific Ridge | H | 3BR,2BA | $3.28 |
| Gema San Diego Townhomes | B2 | 2BR,2BA | $2.87 |
| Apex Mission Valley | 2 Bed 2 Bath Plan D | 2BR,2BA | $2.86 |
| Loft2015 Apartments | Alta- Townhome | 2BR,2BA | $3.31 |
| The Seaton Apartments | A1 | 1BR,1BA | $3.83 |
| Loma Portal | 1 Bedroom/1 Bath | 1BR,1BA | $3.50 |
| 4th Avenue Apartments | Layout B | 1BR,1BA | $3.43 |
| Montecito Point | 1 Bedroom 1 Bath | 1BR,1BA | $3.71 |
| The Hills at Fashion Valley | Design 1A Premier 3 | 1BR,1BA | $3.66 |
| Gables Point Loma | E | 1BR,1BA | $3.82 |
Frequently Asked Questions about Cheap Old Town Apartments
What is a cheap apartment in Old Town?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town is under $2,457.
What is the price of a cheap apartment in Old Town?
The cheapest apartment in Old Town is 4th Avenue Apartments which is listed at $2,195, while the average apartment in Old Town costs $3,650.
What types of apartments are the cheapest in Old Town?
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 300 regular apartments in Old Town that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Old Town?
Cheap apartments in Old Town have an average cost of $889 which is $2,761 cheaper than the average rent for all rentals in Old Town.
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.
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