
Cheap Apartments for Rent in the Peninsula Neighborhood of San Diego, CA from $1,400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peninsula area of San Diego.


310 -316 Rosecrans St, Unit 312

Newly Renovated - 321 San Elijo Apartments
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.
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.
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.
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.
Peninsula, San Diego, CA Local Guide

How much does it cost to rent an apartment in Peninsula?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peninsula Studio Apartments | $1,775 | $1,775 | $1,775 |
Peninsula 1 Bedroom Apartments | $2,252 | $1,800 | $2,675 |
Peninsula 2 Bedroom Apartments | $2,781 | $2,300 | $3,280 |
Peninsula 3 Bedroom Apartments | $8,089 | $3,400 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Peninsula Neighborhood of San Diego, CA.
See all Apartments in San DiegoExplore San Diego
Peninsula, San Diego, CA Local Guide
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Cheapest Available Peninsula Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bay Park Apartments | 2 bed, 1 bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bay Park Apartments | 2 bed, 1 bath | 2BR,1BA | $3.21 |
310 -316 Rosecrans St, Unit 312 | 310 -316 Rosecrans St | 1BR,1BA | $3.83 |
312 Rosecrans St, Unit 312 | 312 Rosecrans St | 1BR,1BA | $3.83 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePeninsula, San Diego, CA
Ranked #162
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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.

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 Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.