
Cheap Homes for Rent in Peninsula Neighborhood of San Diego, CA from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Peninsula area of San Diego.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3312 Avenida de Portugal
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.

3920 Coronado Ave
Peninsula, San Diego, CA Local Guide

How much does it cost to rent a home in Peninsula?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peninsula 2 Bedroom Homes for Rent | $4,378 | $2,595 | $6,900 |
| Peninsula 3 Bedroom Homes for Rent | $7,435 | $5,150 | $10,000+ |
| Peninsula 4 Bedroom Homes for Rent | $8,375 | $6,950 | $9,800 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Peninsula Neighborhood of San Diego, CA.
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Best Value Apartments for Rent in Peninsula, CA
As of April 25, 2026 the best value apartment in the Peninsula area is the $2.79 price per square foot 3 Bedroom Model at Bayview Townhomes at Point Loma in the in the Wooded Area neighborhood starting from $5,295. The second greatest value Peninsula apartment is the 310 -316 Rosecrans St Model at 310 -316 Rosecrans St 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. |
|---|---|---|---|
| Bayview Townhomes at Point Loma | 3 Bedroom | 3BR,2.5BA | $2.79 |
| 310 -316 Rosecrans St | 310 -316 Rosecrans St | 1BR,1BA | $3.83 |
| 3042 Newell St, Unit 3042 Newell | 3042 Newell St | 1BR,1BA | $6.06 |
| Celeste | S1P | Studio ,1BA | $7.76 |
| 3331 Dickens St | 3331 Dickens St | 1BR,1BA | $9.25 |
Frequently Asked Questions about Peninsula
What type of rentals are currently available in Peninsula?
There are currently 110 Apartments for Rent in Peninsula, CA with pricing that ranges from $1,750 to $16,441. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peninsula ranging from $1,200 to $11,000.
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 $1,200 to $11,000 with an average monthly rent of $4,813.
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.
Helpful Local Expert Guides

Top 10 Most Affordable Neighborhoods in San Diego: A Local Real Estate Expert Guide
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Aloha! I’m Hayden, your local San Diego Realtor and relocation expert with ApartmentHomeLiving.com.

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Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.