Cheap Apartments for Rent in the Old Town Neighborhood of San Diego, CA from $1,500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of San Diego.

Citrino

Cielo

The Warwick

Point Loma Bay Apartments

The Modernaire Apartments
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.

Montecito Point

Denizen

Rainford Apartments

Arbor Crest on Fourth

Metro Mission Valley

GEMA
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.

Rivair Apartment Homes

West Park

Gables Point Loma

Bowen Apartments

Stanza Little Italy

Loma Palisades

Asano on Fourth - Bankers Hill/Little Italy

Ancora
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.

Vici Luxury Rentals - Little Italy

Bevel Apartments

Rowyn

Instrata Little Italy

Felix at The Society

Alexan Gallerie
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.
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 | $2,793 | $1,925 | $9,566 |
| Old Town 1 Bedroom Apartments | $3,390 | $1,500 | $9,960 |
| Old Town 2 Bedroom Apartments | $4,578 | $2,250 | $10,000+ |
| Old Town 3 Bedroom Apartments | $6,502 | $3,175 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Old Town Neighborhood of San Diego, CA.
See all Apartments in San DiegoExplore San Diego
Cheapest Available Old Town Apartments for Rent
 The cheapest available apartment rental in the Old Town area of San Diego, CA is a 1 Bed unit found at 4030 Front St priced from $1,500. MC Tower has the second lowest priced unit, which is a Studio apartment currently listed from $1,925. Here are the most affordable Old Town apartments for rent in San Diego, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4030 Front St | 4030 Front St. | 1BR,1BA | $1,500 |
| MC Tower | Studio (Medium) | Studio,1BA | $1,925 |
| Citrino | S-02 | Studio,1BA | $1,999 |
| Loma Portal | 1 Bedroom/1 Bath | 1BR,1BA | $2,000 |
| The Warwick | Cabrillo | Studio,1BA | $2,083 |
| Point Loma Bay Apartments | 1 Bedroom - Upstairs | 1BR,1BA | $2,100 |
| The Modernaire Apartments | 1 Bed 1 Bath Partial Classic | 1BR,1BA | $2,145 |
| 8th and U | 0BR/1.0BA | Studio,1BA | $2,195 |
| Montecito Point | 1 Bedroom 1 Bath | 1BR,1BA | $2,198 |
| Denizen | S1 | Studio,1BA | $2,199 |
Best Value Apartments for Rent in Old Town, CA
As of November 02, 2025 the best value apartment in the Old Town area is the $2.65 price per square foot 3 Bedroom Townhome Model at Loma Palisades in the in the Wooded Area neighborhood starting from $3,175. The second greatest value Old Town apartment is the 2 Bed 2 Bath Plan D Model at Apex Mission Valley starting at $3,215 with a $3.06 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. |
|---|---|---|---|
| Loma Palisades | 3 Bedroom Townhome | 3BR,1.5BA | $2.65 |
| Apex Mission Valley | 2 Bed 2 Bath Plan D | 2BR,2BA | $3.06 |
| Loma Portal | 2 Bedroom/2 Bath | 2BR,2BA | $2.90 |
| Loft2015 Apartments | Alta- Townhome | 2BR,2BA | $2.91 |
| Loma Village Apartments | 2BR/1.0BA | 2BR,1BA | $3.15 |
| The Seaton Apartments | A1 | 1BR,1BA | $3.53 |
| Il Palazzo | B3 | 2BR,2BA | $3.61 |
| The Margo | 1 Bedroom, 1 Bath | 1BR,1BA | $3.60 |
| Montecito Point | 1 Bedroom 1 Bath | 1BR,1BA | $3.55 |
| 4030 Front St | 4030 Front St. | 1BR,1BA | $2.44 |
Getting Around the Old Town Neighborhood in San Diego, CA
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
71 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
69 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,199.
What is the price of a cheap apartment in Old Town?
The cheapest apartment in Old Town is 4030 Front St which is listed at $1,500, while the average apartment in Old Town costs $4,820.
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 4 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 $192 which is $4,628 cheaper than the average rent for all rentals in Old Town.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.








