Cheap Homes for Rent in Peninsula Neighborhood of San Diego, CA from $1,100 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Peninsula 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.

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.

Best Value Apartments for Rent in Peninsula, CA

As of January 05, 2026 the best value apartment in the Peninsula area is the $3.83 price per square foot 310 -316 Rosecrans St Model at 310 -316 Rosecrans St, Unit 312 in the in the Wooded Area neighborhood starting from $2,300. The second greatest value Peninsula apartment is the 3042 Newell St Model at 3042 Newell St, Unit 3042 Newell starting at $3,250 with a $6.58 price per square foot in the Midway District 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.
310 -316 Rosecrans St, Unit 312310 -316 Rosecrans St1BR,1BA$3.83
3042 Newell St, Unit 3042 Newell3042 Newell St1BR,1BA$6.58
CelesteS1PStudio ,1BA$7.76

Frequently Asked Questions about Peninsula

What type of rentals are currently available in Peninsula?

There are currently 106 Apartments for Rent in Peninsula, CA with pricing that ranges from $1,650 to $30,000. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peninsula ranging from $1,105 to $10,000.

What is the current price range for Rental Homes in Peninsula?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Peninsula ranges from $1,105 to $10,000 with an average monthly rent of $5,497.

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

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 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.

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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.

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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.