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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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Rent Specials
$2,217 - $3,1771 to 2 Bedroom Apartments Available Now
Carmel Landing
11505 Windcrest LnSan Diego, CA 92128
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Rent Specials
$2,230 - $3,0251 to 2 Bedroom Apartments Available Now
eaves Rancho Penasquitos
10024 Paseo MontrilSan 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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Rent Specials
$2,300 - $3,2002 to 3 Bedroom Apartments Available Now
Rancho Villas
13030 Rancho Penasquitos BlvdSan Diego, CA 92129
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10369 Azuaga St
San DiegoCA92129
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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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 | $2,262 | $1,700 | $2,450 |
| Rancho Penasquitos 1 Bedroom Apartments | $2,845 | $1,774 | $4,227 |
| Rancho Penasquitos 2 Bedroom Apartments | $3,482 | $2,119 | $5,199 |
| Rancho Penasquitos 3 Bedroom Apartments | $4,381 | $2,629 | $5,300 |
| Rancho Penasquitos 4 Bedroom Apartments | $6,876 | $6,000 | $7,991 |
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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- School Districts
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. eaves Rancho Penasquitos has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,165. 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 |
| eaves Rancho Penasquitos | A2 | 1BR,1BA | $2,165 |
| Carmel Landing | Nantucket | 1BR,1BA | $2,217 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of December 09, 2025 the best value apartment in the Rancho Penasquitos area is the $3.04 price per square foot 3 Bedrooms 2 Bath (A) Renovated Model at Sofi Highlands in the in the Mira Mesa neighborhood starting from $3,891. The second greatest value Rancho Penasquitos apartment is the Laguna Model at Montierra starting at $2,986 with a $2.79 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. |
|---|---|---|---|
| Sofi Highlands | 3 Bedrooms 2 Bath (A) Renovated | 3BR,2BA | $3.04 |
| Montierra | Laguna | 2BR,2BA | $2.79 |
| Sofi Westview | 2 Bedroom 2 Bath A Renovated | 2BR,2BA | $3.10 |
| The Hills | The Sierras | 2BR,1BA | $2.78 |
| Sofi Canyon Hills | 2B2B-A (Upgraded) | 2BR,2BA | $2.97 |
| Cresta Bella | Arezzo Lower | 1BR,1BA | $3.34 |
| Canyon Rim Apartments | B1 Market Rate | 2BR,1BA | $2.79 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2.88 |
| Penasquitos Point | Cerritos | 1BR,1BA | $2.97 |
| eaves Rancho Penasquitos | A1 | 1BR,1BA | $3.54 |
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 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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Pet Friendly LifestyleRancho Penasquitos, San Diego, CA
Ranked #73
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
What is the price of a cheap apartment in Rancho Penasquitos?
The cheapest apartment in Rancho Penasquitos is eaves Rancho Penasquitos which is listed at $2,165, while the average apartment in Rancho Penasquitos costs $9,021.
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 10 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 $132 which is $8,889 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.
Articles, How-To's, and Tips
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.
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.
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!