Cheap Apartments for Rent in the Balboa Terrace Neighborhood of San Francisco, CA from $600 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Balboa Terrace area of San Francisco.

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1100 Ocean Avenue
Studio to 3 Bedroom Apartments

1100 Ocean Avenue

1100-1140 Ocean AveSan Francisco, CA 94112
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1567 19th Ave
Studio to 1 Bedroom Apartments

1567 19th Ave

1567 19th AveSan Francisco, CA 94122
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Hillcrest Gardens
1 Bedroom Apartments

Hillcrest Gardens

35 Hillcrest DrDaly City, CA 94014
Senior Living

Balboa Terrace, San Francisco, CA Local Guide

Cheapest Available Balboa Terrace Apartments for Rent

 

The cheapest available apartment rental in the Balboa Terrace area of San Francisco, CA is a 1 Bed unit found at Kirkham Heights Apartments priced from $1,200. Mt. Sutro Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,250. Here are the most affordable Balboa Terrace apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
Kirkham Heights Apartments1A Maple1BR,1BA$1,200
Mt. Sutro ApartmentsStudioStudio,1BA$2,250
JuniperS2-PStudio,1BA$2,290

Best Value Apartments for Rent in Balboa Terrace, CA

As of November 16, 2025 the best value apartment in the Balboa Terrace area is the $3.31 price per square foot 483 Monterey Blvd Model at 483 Monterey Blvd in the in the Sunnyside neighborhood starting from $5,950. The second greatest value Balboa Terrace apartment is the 3 Bed 2.5 Bath TH Model at Parkmerced Apartments starting at $5,115 with a $3.65 price per square foot in the Stonestown neighborhood. Here is today’s list of the best values for Balboa Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
483 Monterey Blvd483 Monterey Blvd4BR,3BA$3.31
Parkmerced Apartments3 Bed 2.5 Bath TH3BR,2.5BA$3.65
220A Romain St, Unit 220A220A Romain St2BR,1.5BA$4.09
2395 26th Ave2BR 2BA2BR,2BA$3.96
642 Alvarado1 Bedroom 1 Bath Apartment1BR,1BA$4.86
460 Monterey Boulevard2 Bedroom Apt2BR,1BA$4.28
96 Crestline1 bedroom ; 1 bath1BR,1BA$3.75
Lakewood Apartments At Lake Merced1 bedroom 1 bathroom #31BR,1BA$4.38
Kirkham Heights Apartments1A Maple1BR,1BA$1.90
JuniperS2-PStudio ,1BA$5.18

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Pet Friendly Lifestyle
Balboa Terrace, San Francisco, CA

Ranked #44

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Balboa Terrace Neighborhood in San Francisco, CA

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

70 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Balboa Terrace Apartments

What is a cheap apartment in Balboa Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Balboa Terrace is under $3,200.

What is the price of a cheap apartment in Balboa Terrace?

The cheapest apartment in Balboa Terrace is Kirkham Heights Apartments which is listed at $1,200, while the average apartment in Balboa Terrace costs $5,950.

What types of apartments are the cheapest in Balboa Terrace?

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 30 regular apartments in Balboa Terrace 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 Balboa Terrace?

Cheap apartments in Balboa Terrace have an average cost of $868 which is $5,082 cheaper than the average rent for all rentals in Balboa Terrace.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent

Written by: Shannon Hilson

If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.