
Cheap Homes for Rent in Rancho Penasquitos Neighborhood of San Diego, CA from $1,800 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Rancho Penasquitos area of San Diego.


8043 Caminito de Pizza

10645 Carmel Mountain Rd

9918 Caminito Bolsa

10371 Azuaga St

13212 Salmon River Rd

13883 Via Rimini
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.

9993 Paseo Montril

13339 Caminito Ciera

10303 Azuaga St, Unit 13

10343 Azuaga St

13294 Wimberly Sq, Unit Stoneybrook

13294 Wimberly Square

11881 Spruce Run Dr
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.

9922 Paseo Montalban

11091 Catarina Ln

11890 Cypress Canyon Rd

11048 Via San Marco

11239 Avenida De Los Lobos

10398 Scripps Poway Pkwy

12488 Heatherton Ct
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.
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 | $3,076 | $2,800 | $3,950 |
| Rancho Penasquitos 3 Bedroom Homes for Rent | $4,198 | $3,195 | $6,500 |
| Rancho Penasquitos 4 Bedroom Homes for Rent | $8,505 | $4,295 | $10,000+ |
| Rancho Penasquitos 5 Bedroom Homes for Rent | $5,575 | $5,450 | $5,700 |
| Rancho Penasquitos 6 Bedroom Homes for Rent | $12,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Rancho Penasquitos Neighborhood of San Diego, CA.
Explore San Diego
Rancho Penasquitos, San Diego, CA Local Guide
- Nearby San Diego neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Penasquitos Point | Cerritos | 1BR,1BA | $2,174 |
| Canyon Rim Apartments | B1 Market Rate | 2BR,1BA | $2,299 |
| Rancho Villas | Two Bedroom | 2BR,1BA | $2,300 |
| The Villas at Camino Bernardo | Palmilla | 1BR,1BA | $2,323 |
| Carmel Landing | Nantucket | 1BR,1BA | $2,369 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of June 12, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Courtyards Pacific Village | Cambridge | 3BR,2BA | $2.67 |
| LIVIA at Scripps Ranch | Coronado | 3BR,2BA | $3.29 |
| Sofi Westview | 3 Bedroom 2 Bath A Renovated | 3BR,2BA | $3.23 |
| Montierra | Laguna | 2BR,2BA | $3.17 |
| Sofi Highlands | 2 Bedroom 2 Baths (A) Renovated | 2BR,2BA | $3.28 |
| The Royal of Rancho Penasquitos | 27, 28 | 2BR,2BA | $3.15 |
| The Hills | The Sierras | 2BR,1BA | $2.57 |
| Canyon Rim Apartments | B1 Market Rate | 2BR,1BA | $2.71 |
| 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.
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 ArticleReal 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 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 42 Apartments for Rent in Rancho Penasquitos, CA with pricing that ranges from $1,700 to $13,577. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Penasquitos ranging from $1,800 to $25,000.
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 $25,000 with an average monthly rent of $5,859.
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.

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

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.

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.

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.

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.