Cheap Apartments for Rent in the Old Town Neighborhood of San Diego, CA from $1,400 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town area of San Diego.

The Presidio Apartments

Village Apartments

6728 Thomson Ct

Allegro Towers

The Modernaire Apartments
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Citrino

The Warwick

Arbor Crest on Fourth
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Montecito Point

Mariners Cove Apartments

Metro Mission Valley

Il Palazzo

Gables Point Loma

Loft2015 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 | $3,108 | $1,450 | $9,462 |
Old Town 1 Bedroom Apartments | $3,504 | $1,921 | $10,000+ |
Old Town 2 Bedroom Apartments | $4,701 | $2,220 | $10,000+ |
Old Town 3 Bedroom Apartments | $7,842 | $2,875 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 22 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 Vantaggio Little Italy priced from $1,450. The Presidio Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,508. Here are the most affordable Old Town apartments for rent in San Diego, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Vantaggio Little Italy | Small full size bed | Studio,1BA | $1,450 |
The Presidio Apartments | Studio | Studio,1BA | $1,508 |
4th Ave Apartments | Model B (Luxury Vinyl Flooring) | 1BR,1BA | $1,950 |
The Modernaire Apartments | 1 Bed 1 Bath Partial Classic | 1BR,1BA | $2,095 |
Montecito Point | 1 Bedroom 1 Bath | 1BR,1BA | $2,248 |
Best Value Apartments for Rent in Old Town, CA
As of June 21, 2025 the best value apartment in the Old Town area is the $2.46 price per square foot 2 Bedroom, 2 Bath Model at The Margo in the in the Balboa Park neighborhood starting from $3,294. The second greatest value Old Town apartment is the 3 Bedroom Townhome Model at Loma Palisades starting at $3,560 with a $2.97 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. |
---|---|---|---|
The Margo | 2 Bedroom, 2 Bath | 2BR,2BA | $2.46 |
Loma Palisades | 3 Bedroom Townhome | 3BR,1.5BA | $2.97 |
Apex Mission Valley | 2 Bed 2 Bath Plan A | 2BR,2BA | $3.05 |
Loma Village Apartments | 2BR/1.0BA | 2BR,1BA | $3.16 |
Il Palazzo | B3 | 2BR,2BA | $3.57 |
Loma Portal | 1 Bedroom/1 Bath | 1BR,1BA | $3.50 |
4th Ave Apartments | Model B (Luxury Vinyl Flooring) | 1BR,1BA | $3.05 |
Montecito Point | 1 Bedroom 1 Bath | 1BR,1BA | $3.63 |
Gables Point Loma | E | 1BR,1BA | $3.83 |
The Modernaire Apartments | 1 Bed 1 Bath Partial Classic | 1BR,1BA | $3.69 |
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 the Cheapest Studio apartment in Old Town?
Currently the most affordable Cheap Studio Apartment in Old Town is at Vantaggio Little Italy listed at $1,450.
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 $2,650 at Loma Palisades.
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 $3,560.
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.

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Aloha! I’m Hayden, your local San Diego Realtor and relocation expert with ApartmentHomeLiving.com.

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Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
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