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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 (8 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
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$2,276 - $2,9662 to 3 Bedroom Apartments Available Now
The Hills
15095 Via HondonadaSan Diego, CA 92129
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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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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.
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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 | $1,700 | $1,700 | $1,700 |
| Rancho Penasquitos 1 Bedroom Apartments | $2,982 | $1,774 | $4,266 |
| Rancho Penasquitos 2 Bedroom Apartments | $3,435 | $2,119 | $5,119 |
| Rancho Penasquitos 3 Bedroom Apartments | $4,511 | $2,629 | $5,300 |
| Rancho Penasquitos 4 Bedroom Apartments | $7,169 | $6,000 | $8,451 |
Browse Apartments in this Neighborhood
There are currently 8 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 Hills has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,276. 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 Hills | The Sierras | 2BR,1BA | $2,276 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2,300 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of January 24, 2026 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 $2,966. The second greatest value Rancho Penasquitos apartment is the Bergamo Model at Cresta Bella starting at $3,380 with a $3.04 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 | $3.04 |
| Montierra | Laguna | 2BR,2BA | $2.94 |
| Canyon Rim Apartments | C1 Market Rate | 3BR,2BA | $2.78 |
| Sofi Highlands | 2 Bedroom 2 Baths (A) Renovated | 2BR,2BA | $3.13 |
| Sofi Westview | 2 Bedroom 2 Bath A Renovated | 2BR,2BA | $3.07 |
| The Villas at Camino Bernardo | Madera | 2BR,2BA | $3.22 |
| Sofi Canyon Hills | 2B2B-A (Upgraded) | 2BR,2BA | $3.04 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2.88 |
| Penasquitos Point | Cerritos | 1BR,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.
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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
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 $2,276 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 Canyon Rim Apartments and starts from $2,957.
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
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
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.
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.
Articles, How-To's, and Tips
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.