Cheap Apartments for Rent in the Peninsula Neighborhood of San Diego, CA from $1,400 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Peninsula area of San Diego.

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Villa Marina
1 Bedroom Apartments

Villa Marina

1502 Scott StSan Diego, CA 92106
  • Utilities Included
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Punta Lara
Studio to 2 Bedroom Apartments

Punta Lara

3111 Fenelon StSan Diego, CA 92106
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Harbor Villa Apartments
Studio to 2 Bedroom Apartments

Harbor Villa Apartments

2810 Keats StSan Diego, CA 92106
  • Utilities Included

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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3244 Nimitz Blvd
1 Bedroom Apartments

3244 Nimitz Blvd

3244 Nimitz BlvdSan Diego, CA 92106
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The Crest Apartments
1 to 3 Bedroom Apartments

The Crest Apartments

2821 Nimitz BlvdSan Diego, CA 92106
  • Utilities Included
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1050-1060 Scott St
2 to 3 Bedroom Apartments

1050-1060 Scott St

1050-1060 Scott StSan Diego, CA 92106
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2829 Nimitz Blvd
1 Bedroom Apartments

2829 Nimitz Blvd

2829 Nimitz BlvdSan Diego, CA 92106
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Imperial House
1 to 2 Bedroom Apartments

Imperial House

2828 Upshur StSan Diego, CA 92106
  • Utilities Included
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Sunset Place
2 Bedroom Apartments

Sunset Place

4746-4756 Point Loma AveSan Diego, CA 92107

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.

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1803 Locust Ave
2 Bedroom Apartments

1803 Locust Ave

1803 Locust AveSan Diego, CA 92106
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2902-2908 Jarvis St
1 to 2 Bedroom Apartments

2902-2908 Jarvis St

2902-2908 Jarvis StSan Diego, CA 92106
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3025 Newell St
Studio to 2 Bedroom Apartments

3025 Newell St

3025 Newell StSan Diego, CA 92106

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.

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Harbor Place
1 Bedroom Apartments

Harbor Place

3020 Hugo StSan Diego, CA 92106
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2901 Upshur St
1 to 3 Bedroom Apartments

2901 Upshur St

2901 Upshur StSan Diego, CA 92106
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2917-2925 Ingelow St
Studio to 1 Bedroom Apartments

2917-2925 Ingelow St

2917-2925 Ingelow StSan Diego, CA 92106
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Shelter Point
Studio Apartments

Shelter Point

2909 Keats StSan Diego, CA 92106

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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2912-2918 Jarvis St
1 to 2 Bedroom Apartments

2912-2918 Jarvis St

2912-2918 Jarvis StSan Diego, CA 92106
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5145 N Harbor Dr
1 to 2 Bedroom Apartments

5145 N Harbor Dr

5145 N Harbor DrSan Diego, CA 92106

Peninsula, San Diego, CA Local Guide

Cheapest Available Peninsula Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Bay Park Apartments2 bed, 1 bath2BR,1BA$2,950

Best Value Apartments for Rent in Peninsula, CA

As of October 14, 2025 the best value apartment in the Peninsula area is the $3.21 price per square foot 2 bed, 1 bath Model at Bay Park Apartments in the in the Wooded Area neighborhood starting from $2,950. The second greatest value Peninsula apartment is the 310 -316 Rosecrans St Model at 310 -316 Rosecrans St, Unit 312 starting at $2,300 with a $3.83 price per square foot in the Wooded Area neighborhood. Here is today’s list of the best values for Peninsula apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bay Park Apartments2 bed, 1 bath2BR,1BA$3.21
310 -316 Rosecrans St, Unit 312310 -316 Rosecrans St1BR,1BA$3.83
312 Rosecrans St, Unit 312312 Rosecrans St1BR,1BA$3.83

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Peninsula, San Diego, CA

Ranked #162

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Peninsula Apartments

What is the lowest price for a Cheap Two Bedroom Peninsula Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peninsula is starting from $2,950 at Bay Park Apartments.

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.

decorative image for Top 10 Most Affordable Neighborhoods in San Diego: A Local Real Estate Expert Guide article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.