
Cheap Homes for Rent in Rancho Penasquitos Neighborhood of San Diego, CA from $1,800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Rancho Penasquitos area of San Diego.


10854 Sabre Hill Dr

11488 Bellatrix Ct

8085 Caminito de Pizza

9454 Twin Trails Dr, Unit 202
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.

9322 Twin Trails Dr

10782-271 Sabre Hill Dr

10766 Sabre Hill Dr

9388 Twin Trails Dr

11867 Spruce Run Dr
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.
Rancho Penasquitos, San Diego, CA Local Guide

How much does it cost to rent a home in Rancho Penasquitos?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rancho Penasquitos 2 Bedroom Homes for Rent | $2,938 | $2,700 | $3,200 |
| Rancho Penasquitos 3 Bedroom Homes for Rent | $4,300 | $2,875 | $6,995 |
| Rancho Penasquitos 4 Bedroom Homes for Rent | $5,681 | $4,000 | $8,995 |
| Rancho Penasquitos 5 Bedroom Homes for Rent | $5,791 | $5,200 | $6,500 |
Browse Homes for Rent 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
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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 2 Beds unit found at The Hills priced from $2,223. Windsor Rancho PQ has the second lowest priced unit, which is a Studio apartment currently listed from $2,239. Here are the most affordable Rancho Penasquitos apartments for rent in San Diego, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hills | The Sierras | 2BR,1BA | $2,223 |
| Windsor Rancho PQ | S1 | Studio,1BA | $2,239 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2,300 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of January 18, 2026 the best value apartment in the Rancho Penasquitos area is the $3.07 price per square foot 3 Bedroom 2 Bath A Renovated Model at Sofi Westview in the in the Mira Mesa neighborhood starting from $3,843. The second greatest value Rancho Penasquitos apartment is the The Cuyamacas Model at The Hills starting at $2,966 with a $2.60 price per square foot in the Rancho Bernardo 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 Westview | 3 Bedroom 2 Bath A Renovated | 3BR,2BA | $3.07 |
| The Hills | The Cuyamacas | 3BR,2BA | $2.60 |
| Cresta Bella | Bergamo | 2BR,2BA | $3.08 |
| Montierra | Laguna | 2BR,2BA | $2.88 |
| Canyon Rim Apartments | C1 Market Rate | 3BR,2BA | $2.77 |
| Penasquitos Point | Corte Madera | 2BR,2BA | $2.40 |
| Sofi Highlands | 2 Bedroom 2 Baths (A) Renovated | 2BR,2BA | $3.13 |
| The Villas at Camino Bernardo | Madera | 2BR,2BA | $3.21 |
| Sofi Canyon Hills | 2B2B-A (Upgraded) | 2BR,2BA | $3.08 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2.88 |
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.
Best Local Schools in Rancho Penasquitos, San Diego, CA
School data provided by Great Schools
Frequently Asked Questions about Rancho Penasquitos
What type of rentals are currently available in Rancho Penasquitos?
There are currently 40 Apartments for Rent in Rancho Penasquitos, CA with pricing that ranges from $1,700 to $13,730. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Penasquitos ranging from $1,800 to $8,995.
What is the current price range for Rental Homes in Rancho Penasquitos?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rancho Penasquitos ranges from $1,800 to $8,995 with an average monthly rent of $4,142.
How much are larger Three and Four Bedroom Rentals in Rancho Penasquitos?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rancho Penasquitos range from $2,629 to $5,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,875 to $6,995. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $6,000.
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

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!