Cheap Apartments for Rent in the Rancho Penasquitos Neighborhood of San Diego, CA from $800 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Rancho Penasquitos 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.

Read Article
property at 13883 Via Rimini

$2,850

Total Monthly Price

Total Monthly Price

Base Rent
$2,850
Total Monthly Price
$2,850

2 Bedroom, 1 Bath Condo for Rent

Available Now

13883 Via Rimini

San DiegoCA92129
property at 10303 Azuaga St

$2,980

Total Monthly Price

Total Monthly Price

Base Rent
$2,980
Total Monthly Price
$2,980

2 Bedroom, 2 Bath Condo for Rent

Available Jul 1

10303 Azuaga St, Unit 13

10303 Azuaga St
San DiegoCA92129
property at 13294 Wimberly Sq

$2,995

Total Monthly Price

Total Monthly Price

Base Rent
$2,995
Total Monthly Price
$2,995

2 Bedroom, 2 Bath Condo for Rent

Available Now

13294 Wimberly Sq, Unit Stoneybrook

13294 Wimberly Sq
San DiegoCA92128

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.

Read Article
close
View Me
Windsor Rancho PQ
Studio to 3 Bedroom Apartments

Windsor Rancho PQ

14433 Penasquitos DrSan Diego, CA 92129
close
View Me
Alante
1 to 2 Bedroom Apartments

Alante

10211 Rancho Carmel DrSan Diego, CA 92128
  • Utilities Included

Cash 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 Article
close
View Me
Sofi Canyon Hills
2 to 3 Bedroom Apartments

Sofi Canyon Hills

9870 Mercy RdSan Diego, CA 92129

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.

Read Article
Showing Results 1-37, Page 1 of 1

Rancho Penasquitos, San Diego, CA Local Guide

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. Canyon Rim Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,299. Here are the most affordable Rancho Penasquitos apartments for rent in San Diego, CA:

Apartment ListingModel NameBed/BathPriced From
Penasquitos PointCerritos1BR,1BA$2,174
Canyon Rim ApartmentsB1 Market Rate2BR,1BA$2,299
Rancho VillasTwo Bedroom2BR,1BA$2,300
The Villas at Camino BernardoPalmilla1BR,1BA$2,323
Carmel LandingNantucket1BR,1BA$2,369
The HillsThe Sierras2BR,1BA$2,474
Ridgewood VillageWillow1BR,1BA$2,532
Carmel TerraceCamellia1BR,1BA$2,585
Windsor Rancho PQA11BR,1BA$2,645
Sofi Canyon Hills2B2B-A (Upgraded)2BR,2BA$3,024

Best Value Apartments for Rent in Rancho Penasquitos, CA

As of June 11, 2026 the best value apartment in the Rancho Penasquitos area is the $2.67 price per square foot Cambridge Model at The Courtyards Pacific Village in the in the Rancho Penasquitos neighborhood starting from $3,680. The second greatest value Rancho Penasquitos apartment is the Coronado Model at LIVIA at Scripps Ranch starting at $4,527 with a $3.29 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Courtyards Pacific VillageCambridge3BR,2BA$2.67
LIVIA at Scripps RanchCoronado3BR,2BA$3.29
Sofi Westview3 Bedroom 2 Bath A Renovated3BR,2BA$3.23
MontierraLaguna2BR,2BA$3.17
Sofi Highlands2 Bedroom 2 Baths (A) Renovated2BR,2BA$3.28
The Royal of Rancho Penasquitos27, 282BR,2BA$3.15
The HillsThe Sierras2BR,1BA$2.57
Canyon Rim ApartmentsB1 Market Rate2BR,1BA$2.71
Rancho VillasTwo Bedroom2BR,1BA$2.88
Penasquitos PointCerritos1BR,1BA$2.97

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.

Read Article
Decorative image

The 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

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Rancho Penasquitos, San Diego, CA

School data provided by Great Schools

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 $2,299 at Canyon Rim Apartments.

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 Courtyards Pacific Village and starts from $3,680.

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

decorative image for Top 10 Most Affordable Neighborhoods in San Diego: A Local Real Estate Expert Guide article

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.

decorative image for Your Guide to Picking the Perfect San Diego Neighborhood for Student Renters article

Your Guide to Picking the Perfect San Diego Neighborhood for Student Renters

Written by: Hayden Goldberg

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.

decorative image for Ditch the Freeway: San Diego's Best Renting Spots for a Shorter Commute article

Ditch the Freeway: San Diego's Best Renting Spots for a Shorter Commute

Written by: Hayden Goldberg

Hey there! I’m Hayden, your ApartmentHomeLiving.com local expert for San Diego.

decorative image for Moving to North County San Diego: Costs, Commutes, and Culture article

Moving to North County San Diego: Costs, Commutes, and Culture

Written by: Hayden Goldberg

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

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.