11715 Thomas Hayes Ln
San DiegoCA92126
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.
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$1,700 - $2,629Studio to 3 Bedroom Apartments Available Now
Penasquitos Point
12760 Rancho Penasquitos BlvdSan Diego, CA 92129
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$1,9201 Bedroom Apartments Available Now
10062 Paseo Montril
10062 Paseo MontrilSan Diego, CA 92129
13020 Wimberly Sq, Unit 16
13020 Wimberly Sq
San DiegoCA92128
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Rent Specials
$2,300 - $3,2002 to 3 Bedroom Apartments Available Now
Rancho Villas
13030 Rancho Penasquitos BlvdSan Diego, CA 92129
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.
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1 to 3 Bedroom Apartments
VISTA TERRAZA APARTMENT HOMES
7735 Via SolareSan Diego, CA 92129
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1 to 2 Bedroom Apartments
Penasquitos Village Apartments
10955 Carmel Mountain RdSan Diego, CA 92129
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1 to 2 Bedroom Apartments
Cypress at Junipers Senior Apartments
15051 Junipers DrSan Diego, CA 92129
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2 to 3 Bedroom Apartments
Torrey Highland Apartments
13370 Torrey Meadows DrSan Diego, CA 92129
10854 Sabre Hill Dr
San DiegoCA92128
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.
11039 Via Parma
San DiegoCA92129
Showing Results 1-11, Page 1 of 1
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 | $1,700 | $1,700 | $1,700 |
| Rancho Penasquitos 1 Bedroom Apartments | $2,890 | $1,920 | $4,362 |
| Rancho Penasquitos 2 Bedroom Apartments | $3,423 | $2,234 | $5,126 |
| Rancho Penasquitos 3 Bedroom Apartments | $4,555 | $2,629 | $9,565 |
| Rancho Penasquitos 4 Bedroom Apartments | $6,000 | $6,000 | $6,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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. Rancho Villas has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,300. 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 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2,300 |
| Canyon Rim Apartments | B1 Market Rate | 2BR,1BA | $2,315 |
| The Villas at Camino Bernardo | Palmilla | 1BR,1BA | $2,375 |
| Carmel Terrace | Gardenia | 1BR,1BA | $2,406 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of March 12, 2026 the best value apartment in the Rancho Penasquitos area is the $2.83 price per square foot Laguna Model at Montierra in the in the Mira Mesa neighborhood starting from $3,026. The second greatest value Rancho Penasquitos apartment is the 2 Bedroom 2 Baths (A) Renovated Model at Sofi Highlands starting at $3,398 with a $3.40 price per square foot in the Mira Mesa 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. |
|---|---|---|---|
| Montierra | Laguna | 2BR,2BA | $2.83 |
| Sofi Highlands | 2 Bedroom 2 Baths (A) Renovated | 2BR,2BA | $3.40 |
| Sofi Westview | 2 Bedroom 2 Bath A Renovated | 2BR,2BA | $3.37 |
| The Hills | The Sierras | 2BR,1BA | $2.88 |
| Sofi Canyon Hills | 2B2B-A (Upgraded) | 2BR,2BA | $3.34 |
| Cresta Bella | Arezzo Lower | 1BR,1BA | $3.29 |
| Canyon Rim Apartments | B1 Market Rate | 2BR,1BA | $2.73 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2.88 |
| Penasquitos Point | Cerritos | 1BR,1BA | $2.97 |
| The Villas at Camino Bernardo | Palmilla | 1BR,1BA | $3.38 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleThe Student Renter's Ultimate Guide to Finding the Perfect San Diego Neighborhood to Rent
Learn About the Best Neighborhoods to Rent Near College Campuses in San Diego, CA | Find San Diego Off-Campus Student Housing
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Best Local Schools in Rancho Penasquitos, San Diego, CA
School data provided by Great Schools
Frequently Asked Questions about Cheap Rancho Penasquitos Apartments
What is the price of a cheap apartment in Rancho Penasquitos?
The cheapest apartment in Rancho Penasquitos is Penasquitos Point which is listed at $2,174, while the average apartment in Rancho Penasquitos costs $8,425.
What types of apartments are the cheapest in Rancho Penasquitos?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Rancho Penasquitos that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Rancho Penasquitos?
Cheap apartments in Rancho Penasquitos have an average cost of $133 which is $8,292 cheaper than the average rent for all rentals in Rancho Penasquitos.
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.
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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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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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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.