Cheap Homes for Rent in Balboa Terrace Neighborhood of San Francisco, CA from $1,200 (6 Rentals)

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

$1,200

Total Monthly Price

1 Bedroom, 1 Bath Home for Rent

Available Now

2230 Quintara St

San FranciscoCA94116

$1,300

7 Bedroom, 3 Bath Home for Rent

Available Now

263 Ralston St

San FranciscoCA94132

$1,450

1 Bedroom, 1 Bath Rentals

Available Now

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.

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$2,650

Studio, 1 Bath Home for Rent

Available Now

165 Summit St

San FranciscoCA94112

$2,800

1 Bedroom, 1 Bath Home for Rent

Available Jun 5

102 Locksley Ave

San FranciscoCA94122

$2,800

1 Bedroom, 1 Bath Townhome for Rent

Available Now

8200 Oceanview Terrace

San FranciscoCA94132

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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Showing Results 1-6, Page 1 of 1

Balboa Terrace, San Francisco, CA Local Guide

How much does it cost to rent a home in Balboa Terrace?

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Balboa Terrace 2 Bedroom Homes for Rent	$4,540	$3,900	$5,250
Balboa Terrace 3 Bedroom Homes for Rent	$6,898	$4,595	$9,400
Balboa Terrace 4 Bedroom Homes for Rent	$12,780	$5,500	$10,000+
Balboa Terrace 5 Bedroom Homes for Rent	$29,995	$10,000	$10,000+
Balboa Terrace 7 Bedroom Homes for Rent	$1,300	$1,300	$1,300

Browse Homes for Rent in this Neighborhood

There are currently 6 rentals with your search options within a 2 mile radius of the Balboa Terrace Neighborhood of San Francisco, CA.

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Balboa Terrace, San Francisco, CA Local Guide

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Cheapest Available Balboa Terrace Apartments for Rent

The cheapest available apartment rental in the Balboa Terrace area of San Francisco, CA is a Studio unit found at Juniper priced from $2,181. Lakewood Apartments At Lake Merced has the second lowest priced unit, which is a Studio apartment currently listed from $2,478. Here are the most affordable Balboa Terrace apartments for rent in San Francisco, CA:

Apartment Listing	Model Name	Bed/Bath	Priced From
Juniper	S2-P	Studio,1BA	$2,181
Lakewood Apartments At Lake Merced	Studio X	Studio,1BA	$2,478
Parkmerced Apartments	1 Bed 1 Bath Tower	1BR,1BA	$2,575

Best Value Apartments for Rent in Balboa Terrace, CA

As of April 27, 2026 the best value apartment in the Balboa Terrace area is the $3.53 price per square foot 3 Bed 2.5 Bath TH Model at Parkmerced Apartments in the in the Stonestown neighborhood starting from $4,945. The second greatest value Balboa Terrace apartment is the 2598 24th Ave Model at 2598 24th Ave, Unit 2598 starting at $3,800 with a $2.71 price per square foot in the Sunset District neighborhood. Here is today’s list of the best values for Balboa Terrace apartments based on price per square foot:

Apartment Listing	Model Name	Bed/Bath	Price Per Sq.Ft.
Parkmerced Apartments	3 Bed 2.5 Bath TH	3BR,2.5BA	$3.53
2598 24th Ave, Unit 2598	2598 24th Ave	2BR,2BA	$2.71
Ventana Residences	ntab20m	2BR,2BA	$5.12
Sunset Towers	F1R	1BR,1BA	$6.74
Lakewood Apartments At Lake Merced	1 bedroom 1 bathroom #3	1BR,1BA	$4.38
Mt. Sutro Apartments	One Bedroom	1BR,1BA	$4.61
Delphine on Diamond	One Bedroom One Bathroom	1BR,1BA	$6.28
4475 23rd Street	1 Bedroom 1 Bathroom Apartment	1BR,1BA	$7.50
126 Holloway Ave, Unit studio	126 Holloway Ave	Studio ,1BA	$4.11
Juniper	S2-P	Studio ,1BA	$4.92

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Bay area for affordable living. Find your perfect San Francisco Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Best Local Schools in
Balboa Terrace, San Francisco, CA

Sloat (Commodore) Elementary

San Francisco Unified School District

Public School - Grades K-5 (364)

5 out of 10

Lowell High

San Francisco Unified School District

Public School - Grades 9-12 (2571)

9 out of 10

Aptos Middle

San Francisco Unified School District

Public School - Grades 6-8 (911)

7 out of 10

School data provided by Great Schools

Frequently Asked Questions about Balboa Terrace

What type of rentals are currently available in Balboa Terrace?

There are currently 838 Apartments for Rent in Balboa Terrace, CA with pricing that ranges from $1,850 to $7,000. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Terrace ranging from $1,200 to $29,995.

What is the current price range for Rental Homes in Balboa Terrace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Balboa Terrace ranges from $1,200 to $29,995 with an average monthly rent of $8,671.

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.

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

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