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$1,700 - $2,629Studio to 3 Bedroom Apartments Available Now
Penasquitos Point
12760 Rancho Penasquitos BlvdSan Diego, CA 92129
Cheap Apartments for Rent in the Rancho Penasquitos Neighborhood of San Diego, CA from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rancho Penasquitos area of San Diego.
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$1,774 - $2,1191 to 2 Bedroom Apartments Contact Us For Availability
Cypress at Junipers Senior Apartments
15051 Junipers DrSan Diego, CA 92129
9439 Fairgrove Ln
San DiegoCA92129
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$2,286 - $2,9932 to 3 Bedroom Apartments Available Now
The Hills
15095 Via HondonadaSan Diego, CA 92129
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Rent Specials
$2,289 - $3,1371 to 2 Bedroom Apartments Available Now
Carmel Landing
11505 Windcrest LnSan Diego, CA 92128
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8043 Caminito de Pizza
San DiegoCA92108
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10369 Azuaga St
San DiegoCA92129
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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 | $2,209 | $1,700 | $2,719 |
| Rancho Penasquitos 1 Bedroom Apartments | $2,917 | $1,774 | $4,227 |
| Rancho Penasquitos 2 Bedroom Apartments | $3,487 | $2,119 | $5,099 |
| Rancho Penasquitos 3 Bedroom Apartments | $4,412 | $2,629 | $5,300 |
| Rancho Penasquitos 4 Bedroom Apartments | $7,600 | $6,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 10 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
- Nearby San Diego neighborhoods
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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 Studio unit found at Penasquitos Point priced from $1,700. The Hills has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,286. Here are the most affordable Rancho Penasquitos apartments for rent in San Diego, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Penasquitos Point | Studio | Studio,1BA | $1,700 |
| The Hills | The Sierras | 2BR,1BA | $2,286 |
| Carmel Landing | Newport | 1BR,1BA | $2,289 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of November 10, 2025 the best value apartment in the Rancho Penasquitos area is the $2.60 price per square foot The Cuyamacas Model at The Hills in the in the Rancho Bernardo neighborhood starting from $2,968. The second greatest value Rancho Penasquitos apartment is the Bergamo Model at Cresta Bella starting at $3,767 with a $3.38 price per square foot in the Rancho Penasquitos 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. |
|---|---|---|---|
| The Hills | The Cuyamacas | 3BR,2BA | $2.60 |
| Cresta Bella | Bergamo | 2BR,2BA | $3.38 |
| Sofi Highlands | 2 Bedroom 2 Baths (A) Renovated | 2BR,2BA | $3.09 |
| Sofi Westview | 2 Bedroom 2 Bath A Renovated | 2BR,2BA | $3.25 |
| Sofi Canyon Hills | 2B2B-A (Upgraded) | 2BR,2BA | $3.08 |
| Canyon Rim Apartments | B1 Market Rate | 2BR,1BA | $2.82 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $3.13 |
| Montierra | Soladad | 1BR,1BA | $3.32 |
| Penasquitos Point | Cerritos | 1BR,1BA | $2.97 |
| The Royal of Rancho Penasquitos | 7, 8, 9, 21, 22, 23, 24, 25, 26 | 1BR,1BA | $3.56 |
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Pet Friendly LifestyleRancho Penasquitos, San Diego, CA
Ranked #60
Among cities in California 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 $2,286 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 The Hills and starts from $2,968.
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.
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.
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.