
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.


Hillcrest Place

Rainford Apartments

10th and Robinson

Arbor Crest on Fourth

Celeste

Gables Point Loma

Total Monthly Price
The Warwick
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.

Bevel Apartments

8th and U

Loma Village Apartments

Loma Portal

The Modernaire Apartments

4th Avenue Apartments

Total Monthly Price
Mariners Cove

Total Monthly Price
Stanza Little Italy
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.

Total Monthly Price
Alexan Gallerie

Montecito Point

Rivair Apartment Homes

Bowen Apartments

West Park

Griffis Mission Valley

Total Monthly Price
Rowyn

Instrata Little Italy
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.

Total Monthly Price
GEMA

Loma Palisades

The Margo

Total Monthly Price
Treehouse

The Society Felix

Asano on Fourth - Bankers Hill/Little Italy

The Old Town Apartment Homes

Old Town Apartments
Moving to North County San Diego: Costs, Commutes, and Culture
From surf culture to family-friendly neighborhoods, discover the best North County San Diego areas to rent and what they’re like day-to-day.

Serra House Apartments

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 | $2,612 | $1,508 | $3,650 |
| Old Town 1 Bedroom Apartments | $3,354 | $1,921 | $10,000+ |
| Old Town 2 Bedroom Apartments | $4,928 | $2,508 | $10,000+ |
| Old Town 3 Bedroom Apartments | $6,382 | $3,275 | $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 Studio unit found at The Presidio Apartments priced from $1,508. 10th and Robinson has the second lowest priced unit, which is a Studio apartment currently listed from $1,995. Here are the most affordable Old Town apartments for rent in San Diego, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Presidio Apartments | Studio | Studio,1BA | $1,508 |
| 10th and Robinson | 0BR/1.0BA | Studio,1BA | $1,995 |
| Hillcrest Place | 1 Bedroom | 1BR,1BA | $1,998 |
| Arbor Crest on Fourth | Studio | Studio,1BA | $2,058 |
| Celeste | S1 | Studio,1BA | $2,075 |
| Gables Point Loma | E | 1BR,1BA | $2,110 |
| 8th and U | 0BR/1.0BA | Studio,1BA | $2,250 |
| Loma Portal | 1 Bedroom/1 Bath | 1BR,1BA | $2,290 |
| The Modernaire Apartments | 1 Bed 1 Bath Classic | 1BR,1BA | $2,295 |
| 4th Avenue Apartments | 1x1 A | 1BR,1BA | $2,329 |
Best Value Apartments for Rent in Old Town, CA
As of April 29, 2026 the best value apartment in the Old Town area is the $3.45 price per square foot 3 Bedroom, 2 Bath Townhome Model at The Margo in the in the Balboa Park neighborhood starting from $6,361. The second greatest value Old Town apartment is the B2 Model at The Seaton Apartments starting at $3,989 with a $3.36 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. |
|---|---|---|---|
| The Margo | 3 Bedroom, 2 Bath Townhome | 3BR,2BA | $3.45 |
| The Seaton Apartments | B2 | 2BR,2BA | $3.36 |
| Loma Palisades | 2 Bedroom Townhome Palms | 2BR,1.5BA | $2.92 |
| Loft2015 Apartments | Alta- Townhome | 2BR,2BA | $3.09 |
| Loma Village Apartments | 2BR/1.0BA | 2BR,1BA | $3.02 |
| The Modernaire Apartments | 1 Bed 1 Bath Classic | 1BR,1BA | $3.06 |
| Griffis Mission Valley | Mission Platinum | 1BR,1BA | $3.68 |
| Loma Portal | 1 Bedroom/1 Bath | 1BR,1BA | $3.27 |
| Gables Point Loma | F | 1BR,1BA | $3.67 |
| Arbor Crest on Fourth | Studio | Studio ,1BA | $3.61 |
Frequently Asked Questions about Cheap Old Town Apartments
What is the Cheapest Studio apartment in Old Town?
Currently the most affordable Cheap Studio Apartment in Old Town is at The Presidio Apartments listed at $1,508.
How much is rent for a Cheap One Bedroom Old Town Apartment?
The lowest price for a Cheap One Bedroom Old Town Apartment is $1,921 at The Presidio Apartments.
What is the lowest price for a Cheap Two Bedroom Old Town Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Town is starting from $2,545 at The Modernaire Apartments.
What is the most affordable Old Town Three Bedroom Apartment?
The best deal on a cheap Old Town Three Bedroom Apartment rental is at Loma Palisades and starts from $3,225.
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
Written by: Hayden Goldberg
Hey there! I’m Hayden, your ApartmentHomeLiving.com local expert for San Diego.

Moving to North County San Diego: Costs, Commutes, and Culture
Written by: Hayden Goldberg
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.