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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 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rancho Penasquitos area of San Diego.
8027 Caminito de Pizza, Unit F, Unit F
8027 Caminito de Pizza
San DiegoCA92108
13020 Wimberly Sq, Unit 16, Unit 16
13020 Wimberly Sq
San DiegoCA92128
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$2,247 - $2,7851 to 2 Bedroom Apartments Available Now
The Villas at Camino Bernardo
11203 Paseo MontanosoSan Diego, CA 92127
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$2,261 - $3,1221 to 2 Bedroom Apartments Available Now
Carmel Terrace
11540 Windcrest LnSan Diego, CA 92128
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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
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.
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$2,301 - $2,8561 to 2 Bedroom Apartments Available Now
Ridgewood Village
12435 Heatherton CtSan Diego, CA 92128
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$2,335 - $3,2951 to 2 Bedroom Apartments Available Now
eaves Rancho Penasquitos
10024 Paseo MontrilSan Diego, CA 92129
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Rent Specials
$2,362 - $3,4912 to 3 Bedroom Apartments Available Now
Canyon Rim Apartments
10845 Via Los NarcisosSan Diego, CA 92129
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$2,376 - $2,7772 to 3 Bedroom Apartments Available Now
The Hills
15095 Via HondonadaSan Diego, CA 92129
13819 Via Rimini
San DiegoCA92129
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Rent Specials
$2,477 - $3,4571 to 2 Bedroom Apartments Available Now
Carmel Landing
11505 Windcrest LnSan Diego, CA 92128
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.
13343 Rancho Penasquitos Blvd, Unit B104, Unit B104
13343 Rancho Penasquitos Blvd
San DiegoCA92129
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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
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1 to 2 Bedroom Apartments
Alante
10211 Rancho Carmel DrSan Diego, CA 92128
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.
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Studio to 3 Bedroom Apartments
Windsor Rancho PQ
14433 Penasquitos DrSan Diego, CA 92129
10858 Sabre Hill Dr
San DiegoCA92128
Showing Results 1-20, 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 | $2,913 | $2,174 | $7,140 |
| Rancho Penasquitos 2 Bedroom Apartments | $3,385 | $2,234 | $5,156 |
| Rancho Penasquitos 3 Bedroom Apartments | $4,479 | $2,447 | $10,000+ |
| 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 20 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. The Villas at Camino Bernardo has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,247. 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 |
| The Villas at Camino Bernardo | Palmilla | 1BR,1BA | $2,247 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2,300 |
| Ridgewood Village | Willow | 1BR,1BA | $2,301 |
| eaves Rancho Penasquitos | A1 | 1BR,1BA | $2,335 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of April 27, 2026 the best value apartment in the Rancho Penasquitos area is the $2.74 price per square foot Palomar Model at Montierra in the in the Mira Mesa neighborhood starting from $3,493. The second greatest value Rancho Penasquitos apartment is the Bristol Model at The Courtyards Pacific Village starting at $3,327 with a $3.12 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. |
|---|---|---|---|
| Montierra | Palomar | 3BR,2BA | $2.74 |
| The Courtyards Pacific Village | Bristol | 2BR,2BA | $3.12 |
| Sofi Highlands | 2 Bedroom 2 Baths (A) Renovated | 2BR,2BA | $3.44 |
| Sofi Westview | 2 Bedroom 2 Bath A Renovated | 2BR,2BA | $3.45 |
| The Royal of Rancho Penasquitos | 27, 28 | 2BR,2BA | $3.15 |
| The Hills | The Sierras | 2BR,1BA | $2.47 |
| Canyon Rim Apartments | B1 Market Rate | 2BR,1BA | $2.78 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2.88 |
| Penasquitos Point | Cerritos | 1BR,1BA | $2.97 |
| The Villas at Camino Bernardo | Palmilla | 1BR,1BA | $3.20 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe 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
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.
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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
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 $2,300 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 The Hills and starts from $2,447.
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
Written by: Hayden Goldberg
Aloha! I’m Hayden, your local San Diego Realtor and relocation expert with ApartmentHomeLiving.com.
Your Guide to Picking the Perfect San Diego Neighborhood for Student Renters
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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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