
Cheap Homes for Rent in Balboa Terrace Neighborhood of San Francisco, CA from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Balboa Terrace area of San Francisco.


263 Ralston St

1612 45th Ave
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.

143 Byxbee St

165 Summit St

8200 Oceanview Terrace
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.

133 Caine Ave
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 | $4,111 | $2,850 | $5,250 |
| Balboa Terrace 3 Bedroom Homes for Rent | $7,987 | $4,600 | $10,000+ |
| Balboa Terrace 4 Bedroom Homes for Rent | $13,006 | $5,300 | $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 7 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 $2,256. Parkmerced Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,645. 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 | $2,256 |
| Parkmerced Apartments | 1 Bed 1 Bath Tower | 1BR,1BA | $2,645 |
| Lakewood Apartments At Lake Merced | 1 bedroom 1 bathroom #3 | 1BR,1BA | $2,878 |
Best Value Apartments for Rent in Balboa Terrace, CA
As of June 12, 2026 the best value apartment in the Balboa Terrace area is the $3.47 price per square foot 477 Crestmont Dr Model at 477 Crestmont Dr, Unit Spacious Apartment with Views in the in the Inset neighborhood starting from $5,200. The second greatest value Balboa Terrace apartment is the 3 Bed 2.5 Bath TH Model at Parkmerced Apartments starting at $6,200 with a $4.43 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 477 Crestmont Dr, Unit Spacious Apartment with Views | 477 Crestmont Dr | 2BR,2BA | $3.47 |
| Parkmerced Apartments | 3 Bed 2.5 Bath TH | 3BR,2.5BA | $4.43 |
| 2400 39th Ave | 1 Beds, 1 Baths | 1BR,1BA | $3.94 |
| 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 | $6.73 |
| 4475 23rd Street | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $8.53 |
| Juniper | S2-P | Studio ,1BA | $5.10 |
| Ventana Residences | ntae10a | Studio ,1BA | $8.91 |
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 ArticleLocal 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
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 Balboa Terrace, San Francisco, CA
Sloat (Commodore) Elementary
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 841 Apartments for Rent in Balboa Terrace, CA with pricing that ranges from $1,035 to $14,884. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Terrace ranging from $1,200 to $25,000.
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 $25,000 with an average monthly rent of $5,197.
How much are larger Three and Four Bedroom Rentals in Balboa Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Balboa Terrace range from $4,195 to $7,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,600 to $13,975. Four Bedroom Single-Family rentals are also available starting from $5,300 and Four Bedroom Apartments start at $10,000.
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

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco
Written by: Shannon Hilson
Naturally, going away to college or university is super exciting in and of itself. It’s the prelude to the rest of your life, not to mention an unforgettable experience all its own.

Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers
Written by: Shannon Hilson
Deciding to move to San Francisco for work is a huge deal. San Fran is exciting and just weird enough to let you know you’re in for an amazing adventure, right from day one.

Bay Living Like a Local: The Insiders Guide to Life and Renting in San Francisco, CA
Written by: Shannon Hilson
San Francisco is so much more than just postcard-perfect views of cable cars and the Golden Gate Bridge.
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.