
Cheap Homes for Rent in Old Town Neighborhood of San Diego, CA from $2,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Town area of San Diego.

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.

4205 Mason St
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.
Old Town, San Diego, CA Local Guide

How much does it cost to rent a home in Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town 2 Bedroom Homes for Rent | $3,138 | $2,795 | $3,900 |
| Old Town 3 Bedroom Homes for Rent | $3,948 | $3,895 | $3,975 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Old Town Neighborhood of San Diego, CA.
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Best Value Apartments for Rent in Old Town, CA
As of December 24, 2025 the best value apartment in the Old Town area is the $3.10 price per square foot 3 Bedroom, 2 Bath Model at The Margo in the in the Balboa Park neighborhood starting from $4,570. The second greatest value Old Town apartment is the H Model at Pacific Ridge starting at $4,300 with a $3.13 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 | 3BR,2BA | $3.10 |
| Pacific Ridge | H | 3BR,2BA | $3.13 |
| Loma Palisades | 3 Bedroom Townhome | 3BR,1.5BA | $2.63 |
| The Seaton Apartments | B1 | 2BR,2BA | $3.20 |
| Apex Mission Valley | 2 Bed 2 Bath Plan D | 2BR,2BA | $3.36 |
| Loma Village Apartments | 2BR/1.0BA | 2BR,1BA | $3.10 |
| Griffis Mission Valley | Mission Platinum | 1BR,1BA | $3.52 |
| Loma Portal | 1 Bedroom/1 Bath | 1BR,1BA | $3.50 |
| MC Tower | 1 Bedroom | 1BR,1BA | $3.52 |
| Gables Point Loma | F | 1BR,1BA | $3.54 |
Frequently Asked Questions about Old Town
What type of rentals are currently available in Old Town?
There are currently 80 Apartments for Rent in Old Town, CA with pricing that ranges from $1,250 to $18,110. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Town ranging from $2,795 to $3,975.
What is the current price range for Rental Homes in Old Town?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Town ranges from $2,795 to $3,975 with an average monthly rent of $3,543.
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.
Articles, How-To's, and Tips

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.