
Cheap Apartments for Rent in the Rancho Penasquitos Neighborhood of San Diego, CA from $800 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rancho Penasquitos area of San Diego.


Rancho Villas

The Hills

Canyon Rim Apartments

eaves Rancho Penasquitos

Ridgewood Village

The Royal of Rancho Penasquitos

Carmel Terrace

Carmel Landing
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The Villas at Camino Bernardo

Total Monthly Price
9326 Twin Trails Drive, Unit 204

13211 Wimberly Sq, Unit 287

9936 Caminito Bolsa, Unit 9936 Caminito Bolsa

The Courtyards Pacific Village

Cresta Bella

Montierra

10408 Caminito Rimini

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Penasquitos Village Apartments

Torrey Del Mar Apartments

8043 Caminito de Pizza

Cypress at Junipers Senior Apartments

Torrey Highland Apartments

11463 Westonhill Dr

13238 Wimberly Square

Windsor Rancho PQ

10645 Carmel Mountain Rd
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Alante

9918 Caminito Bolsa

10343 Azuaga St

10331 Azuaga St

13212 Salmon River Rd

10305 Azuaga St

10722-134 Sabre Hill Dr

Sofi Canyon Hills

10766 Sabre Hill Dr
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Rancho Penasquitos, San Diego, CA Local Guide

How much does it cost to rent an apartment in Rancho Penasquitos?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rancho Penasquitos Studio Apartments | $1,700 | $1,700 | $1,700 |
| Rancho Penasquitos 1 Bedroom Apartments | $2,931 | $2,174 | $4,011 |
| Rancho Penasquitos 2 Bedroom Apartments | $3,275 | $2,099 | $4,080 |
| Rancho Penasquitos 3 Bedroom Apartments | $4,453 | $2,629 | $8,397 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Rancho Penasquitos Neighborhood of San Diego, CA.
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Rancho Penasquitos, San Diego, CA Local Guide
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Cheapest Available Rancho Penasquitos Apartments for Rent
 The cheapest available apartment rental in the Rancho Penasquitos area of San Diego, CA is a 2 Beds unit found at The Hills priced from $2,305. Windsor Rancho PQ has the second lowest priced unit, which is a Studio apartment currently listed from $2,355. Here are the most affordable Rancho Penasquitos apartments for rent in San Diego, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hills | The Sierras | 2BR,1BA | $2,305 |
| Windsor Rancho PQ | S1 | Studio,1BA | $2,355 |
| Canyon Rim Apartments | B3 Market Rate | 2BR,1BA | $2,411 |
| Penasquitos Point | Corte Madera | 2BR,2BA | $2,449 |
| eaves Rancho Penasquitos | A1 | 1BR,1BA | $2,520 |
| Ridgewood Village | Willow | 1BR,1BA | $2,523 |
| Carmel Terrace | Camellia | 1BR,1BA | $2,640 |
| The Villas at Camino Bernardo | Palmilla | 1BR,1BA | $2,729 |
| Cresta Bella | Amalfi | 1BR,1BA | $2,850 |
| Montierra | Soladad | 1BR,1BA | $2,891 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of July 26, 2026 the best value apartment in the Rancho Penasquitos area is the $2.89 price per square foot 2B2B-B (Upgraded) Model at Sofi Canyon Hills in the in the Mira Mesa neighborhood starting from $3,184. The second greatest value Rancho Penasquitos apartment is the Corte Madera Model at Penasquitos Point starting at $2,449 with a $2.39 price per square foot in the Torrey Highlands neighborhood. Here is today’s list of the best values for Rancho Penasquitos apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sofi Canyon Hills | 2B2B-B (Upgraded) | 2BR,2BA | $2.89 |
| Penasquitos Point | Corte Madera | 2BR,2BA | $2.39 |
| Sofi Highlands | 2 Bedroom 2 Baths (A) Renovated | 2BR,2BA | $3.17 |
| Carmel Landing | Hyannis | 2BR,2BA | $2.97 |
| Sofi Westview | 2 Bedroom 2 Bath A Renovated | 2BR,2BA | $3.48 |
| The Royal of Rancho Penasquitos | 27, 28 | 2BR,2BA | $3.05 |
| The Courtyards Pacific Village | Bradford | 2BR,2BA | $3.38 |
| The Hills | The Sierras | 2BR,1BA | $2.39 |
| Canyon Rim Apartments | B3 Market Rate | 2BR,1BA | $2.68 |
| Cresta Bella | Amalfi | 1BR,1BA | $3.17 |
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Rancho Penasquitos, San Diego, CA
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Frequently Asked Questions about Cheap Rancho Penasquitos Apartments
How much is rent for a Cheap One Bedroom Rancho Penasquitos Apartment?
The lowest price for a Cheap One Bedroom Rancho Penasquitos Apartment is $2,520 at eaves Rancho Penasquitos.
What is the lowest price for a Cheap Two Bedroom Rancho Penasquitos Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rancho Penasquitos is starting from $2,305 at The Hills.
What is the most affordable Rancho Penasquitos Three Bedroom Apartment?
The best deal on a cheap Rancho Penasquitos Three Bedroom Apartment rental is at Sofi Highlands and starts from $3,794.
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

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Sun, surf, clean air, healthy lifestyles, and a coastline that seems to stretch as far as the eyes can see.

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Choosing the right place to live during your college years can make or break your collegiate experience. My name is Hayden, I’m a San Diego area expert with ApartmentHomeLiving.com and have been in the real estate world for years.

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