
Cheap Apartments for Rent in the Old Town Neighborhood of San Diego, CA from $1,400 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of San Diego.


2505 Jefferson St

Celeste

The Modernaire Apartments

Arbor Crest on Fourth

The Hills at Fashion Valley

4th Avenue Apartments

Rainford Apartments

Hillcrest Place

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The Warwick
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Gables Point Loma

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Gema

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Rowyn

10th and Robinson

Montecito Point

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Citrino

Loma Portal

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Mariners Cove

The Townsend

Griffis Mission Valley
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Loma Palisades

Rivair Apartment Homes

Bevel Apartments

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Ancora Apartments

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Alexan Gallerie

Il Palazzo Apartments

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Treehouse

The Society Felix

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Broadstone Mission Valley

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Cielo
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Apex Mission Valley

West Park

Bowen Apartments

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The Lindley

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Stanza Little Italy

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Denizen

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Valentina by Alta

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Eighteen Ten State St

Pacific Heights II

Loma Village Apartments
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AV8 Little Italy

Circa 37

Loft2015 Apartments

Pacific Ridge

Instrata Little Italy

The Margo

The Torrey

Asano on Fourth - Bankers Hill/Little Italy

The Old Town Apartment Homes

Old Town Apartments
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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 | $2,635 | $1,495 | $4,160 |
| Old Town 1 Bedroom Apartments | $3,451 | $1,999 | $10,000+ |
| Old Town 2 Bedroom Apartments | $5,169 | $2,508 | $10,000+ |
| Old Town 3 Bedroom Apartments | $6,672 | $3,350 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 54 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 Celeste priced from $1,990. The Modernaire Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,999. Here are the most affordable Old Town apartments for rent in San Diego, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Celeste | S3 Bay | Studio,1BA | $1,990 |
| The Modernaire Apartments | 1 Bed 1 Bath Partial Classic | 1BR,1BA | $1,999 |
| The Hills at Fashion Valley | Design 1A Premier 3 | 1BR,1BA | $2,188 |
| Rainford Apartments | S1.1 | Studio,1BA | $2,195 |
| 4th Avenue Apartments | Layout B | 1BR,1BA | $2,195 |
| Gables Point Loma | E | 1BR,1BA | $2,250 |
| Gema | A1AFF | 1BR,1BA | $2,300 |
| Rowyn | S1 | Studio,1BA | $2,305 |
| 10th and Robinson | Studio | Studio,1BA | $2,320 |
| Montecito Point | 1 Bedroom 1 Bath | 1BR,1BA | $2,328 |
Best Value Apartments for Rent in Old Town, CA
As of July 28, 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 2BR/1.0BA Model at Loma Village Apartments starting at $2,845 with a $3.10 price per square foot in the Midway District 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 |
| Loma Village Apartments | 2BR/1.0BA | 2BR,1BA | $3.10 |
| Pacific Heights II | 2 Bed / 1 Bath | 2BR,1BA | $3.25 |
| Cielo | A1 | 1BR,1BA | $3.61 |
| Apex Mission Valley | 1 Bed 1 Bath Plan A | 1BR,1BA | $3.79 |
| 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 | $3.75 |
| The Hills at Fashion Valley | Design 1A Premier 3 | 1BR,1BA | $3.59 |
| Gables Point Loma | E | 1BR,1BA | $3.75 |
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 $2,328.
What is the price of a cheap apartment in Old Town?
The cheapest apartment in Old Town is The Modernaire Apartments which is listed at $1,999, while the average apartment in Old Town costs $6,875.
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 $922 which is $5,953 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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