
Cheap Apartments for Rent in the Old Town Neighborhood of San Diego, CA from $1,500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of San Diego.


The Presidio Apartments

Hillcrest Place

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Metro Mission Valley

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The Warwick

Celeste

The Modernaire Apartments

Gables Point Loma
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MoDE

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GEMA

Arbor Crest on Fourth

Montecito Point

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Rowyn

The Townsend

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Bowen Apartments
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Il Palazzo Apartments

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Ancora

10th and R

Apex Mission Valley

Bevel Apartments

8th and U

West Park

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Griffis Mission Valley

Loma Portal

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Treehouse

Instrata Little Italy

Asano on Fourth - Bankers Hill/Little Italy

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Alexan Gallerie

Loma Palisades

Vici Luxury Apartments
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Stanza Little Italy

Felix at The Society

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Eighteen Ten State St

The Old Town Apartment Homes

Old Town Apartments

Serra House Apartments

2530 Juan St

2606 Juan St
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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 | $2,578 | $1,508 | $4,767 |
| Old Town 1 Bedroom Apartments | $3,188 | $1,921 | $10,000+ |
| Old Town 2 Bedroom Apartments | $4,219 | $2,450 | $10,000+ |
| Old Town 3 Bedroom Apartments | $5,504 | $3,150 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 40 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 The Presidio Apartments priced from $1,508. Hillcrest Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,998. 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 |
| Hillcrest Place | 1 Bedroom | 1BR,1BA | $1,998 |
| GEMA | A1AFF | 1BR,1BA | $2,004 |
| Metro Mission Valley | Studio | Studio,1BA | $2,043 |
| Celeste | S1 | Studio,1BA | $2,075 |
| The Modernaire Apartments | Studio Classic | Studio,1BA | $2,095 |
| Arbor Crest on Fourth | One Bedroom, One Bath | 1BR,1BA | $2,223 |
| Gables Point Loma | E | 1BR,1BA | $2,225 |
| Montecito Point | 1 Bedroom 1 Bath | 1BR,1BA | $2,278 |
| Rowyn | S1 | Studio,1BA | $2,282 |
Best Value Apartments for Rent in Old Town, CA
As of March 14, 2026 the best value apartment in the Old Town area is the $3.13 price per square foot H Model at Pacific Ridge in the in the Balboa Park neighborhood starting from $4,300. The second greatest value Old Town apartment is the 3 Bedroom Townhome Model at Loma Palisades starting at $3,150 with a $2.63 price per square foot in the Wooded Area 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 | $3.13 |
| Loma Palisades | 3 Bedroom Townhome | 3BR,1.5BA | $2.63 |
| The Seaton Apartments | B2 | 2BR,2BA | $3.22 |
| Citrino | B-01 | 2BR,2BA | $3.29 |
| Loft2015 Apartments | Alta- Townhome | 2BR,2BA | $3.09 |
| Loma Village Apartments | 2BR/1.0BA | 2BR,1BA | $3.02 |
| The Margo | 1 Bedroom, 1 Bath | 1BR,1BA | $3.40 |
| 4th Avenue Apartments | 1x1 A | 1BR,1BA | $3.27 |
| Apex Mission Valley | 1 Bed 1 Bath Plan A | 1BR,1BA | $3.32 |
| Loma Portal | 1 Bedroom/1 Bath | 1BR,1BA | $3.50 |
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 $2,282.
What is the price of a cheap apartment in Old Town?
The cheapest apartment in Old Town is The Presidio Apartments which is listed at $1,921, while the average apartment in Old Town costs $4,410.
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 5 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 $159 which is $4,251 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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