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Cheap Apartments for Rent in the Rancho Penasquitos Neighborhood of San Diego, CA from $800 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rancho Penasquitos area of San Diego.
11156 Ivy Hill Dr
San DiegoCA92131
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.
8721 Lepus Rd
San DiegoCA92126
10347 Azuaga St
San DiegoCA92129
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from $2,1741 to 3 Bedroom Apartments Contact Us For Availability
Penasquitos Point
12760 Rancho Penasquitos BlvdSan Diego, CA 92129
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Rent Specials
from $2,3991 to 2 Bedroom Apartments Available Now
Carmel Landing
11505 Windcrest LnSan Diego, CA 92128
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
10915 Sabre Hill Dr
San DiegoCA92128
13115 Wimberly Square
San DiegoCA92128
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Rancho Penasquitos, San Diego, CA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Rancho Penasquitos?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rancho Penasquitos Studio Apartments | $2,548 | $2,525 | $2,571 |
| Rancho Penasquitos 1 Bedroom Apartments | $2,976 | $1,850 | $4,127 |
| Rancho Penasquitos 2 Bedroom Apartments | $3,875 | $2,234 | $5,811 |
| Rancho Penasquitos 3 Bedroom Apartments | $4,930 | $2,629 | $5,917 |
| Rancho Penasquitos 4 Bedroom Apartments | $5,730 | $5,460 | $6,000 |
Browse Apartments in this Neighborhood
There are currently 11 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 1 Bed unit found at Penasquitos Point priced from $2,174. Ridgewood Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,424. Here are the most affordable Rancho Penasquitos apartments for rent in San Diego, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Penasquitos Point | Cerritos | 1BR,1BA | $2,174 |
| Ridgewood Village | Willow | 1BR,1BA | $2,424 |
| The Villas at Camino Bernardo | Palmilla | 1BR,1BA | $2,475 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2,500 |
| Carmel Terrace | Camellia | 1BR,1BA | $2,510 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of June 19, 2025 the best value apartment in the Rancho Penasquitos area is the $3.00 price per square foot 3B2B (Upgraded) Model at Sofi Canyon Hills in the in the Mira Mesa neighborhood starting from $3,689. The second greatest value Rancho Penasquitos apartment is the The Cuyamacas Model at The Hills starting at $3,333 with a $2.92 price per square foot in the Rancho Bernardo 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 | 3B2B (Upgraded) | 3BR,2BA | $3.00 |
| The Hills | The Cuyamacas | 3BR,2BA | $2.92 |
| LIVIA at Scripps Ranch | Pacific | 2BR,2BA | $3.38 |
| Montierra | Laguna | 2BR,2BA | $2.99 |
| Canyon Rim Apartments | C1 Market Rate | 3BR,2BA | $3.10 |
| The Courtyards Pacific Village | Bradford | 2BR,2BA | $3.30 |
| Cresta Bella | Amalfi | 1BR,1BA | $2.94 |
| Carmel Landing | Chesapeake | 2BR,2BA | $3.16 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $3.13 |
| Penasquitos Point | Cerritos | 1BR,1BA | $2.97 |
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Pet Friendly LifestyleRancho Penasquitos, San Diego, CA
Ranked #110
Among neighborhoods in San Diego, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Rancho Penasquitos, San Diego, CA
School data provided by Great Schools
Getting Around the Rancho Penasquitos Neighborhood in San Diego, CA
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
22 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,174 at Penasquitos Point.
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 $2,500 at Rancho Villas.
What is the most affordable Rancho Penasquitos Three Bedroom Apartment?
The best deal on a cheap Rancho Penasquitos Three Bedroom Apartment rental is at Canyon Rim Apartments and starts from $3,300.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.