Cheap Apartments for Rent in the Balboa Heights Neighborhood of Tucson, AZ from $400 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Balboa Heights area of Tucson.

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La Plata
Studio Apartments

La Plata

219 W La Plata StTucson, AZ 85716
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2602 N Balboa Ave
Studio to 3 Bedroom Apartments

2602 N Balboa Ave

2602 N Balboa AveTucson, AZ 85705
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238 W Ventura St
Studio to 2 Bedroom Apartments

238 W Ventura St

238 W Ventura StTucson, AZ 85705

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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Triplex
2 Bedroom Apartments

Triplex

1312 W Yavapai StTucson, AZ 85745
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8 Units
2 Bedroom Apartments

8 Units

116-128 W Rillito StTucson, AZ 85705

Tucson Apartments: Top Neighborhoods for U of A & Pima College Student Renters

Find your perfect Tucson apartment! Get the short list of the safest, most affordable neighborhoods near U of A, PCC West, and PCC East, compiled by our 25-year local expert, Larry Allen.

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1920 N 10th Ave
1 to 3 Bedroom Apartments

1920 N 10th Ave

1920 N 10th AveTucson, AZ 85705
  • Utilities Included
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2614 N Balboa Ave
Studio to 2 Bedroom Apartments

2614 N Balboa Ave

2614 N Balboa AveTucson, AZ 85705
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Polancos
Studio to 2 Bedroom Apartments

Polancos

201-211 W Kelso StTucson, AZ 85705
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2632 N Stone
1 to 3 Bedroom Apartments

2632 N Stone

2632 N StoneTucson, AZ 85705
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2934 Stone Ave
Studio Apartments

2934 Stone Ave

2934 Stone AveTucson, AZ 85705
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El Sol Apartments
Studio to 2 Bedroom Apartments

El Sol Apartments

2115 N Oracle RdTucson, AZ 85705
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Kelso Apartments
1 to 2 Bedroom Apartments

Kelso Apartments

297 W Kelso StTucson, AZ 85705
  • Utilities Included

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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Kelso Vista
1 to 2 Bedroom Apartments

Kelso Vista

450 W Kelso StTucson, AZ 85705
  • Utilities Included
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Ghost Ranch Lodge
1 Bedroom Apartments

Ghost Ranch Lodge

801 W Miracle Mile StripTucson, AZ 85705
Senior Living
  • Utilities Included
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Balboa
1 to 2 Bedroom Apartments

Balboa

3020 N Balboa AveTucson, AZ 85705
  • Utilities Included
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2620 N Stone Ave
1 to 2 Bedroom Apartments

2620 N Stone Ave

2620 N Stone AveTucson, AZ 85705
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Casa Verde
1 Bedroom Apartments

Casa Verde

2602 N 14th AveTucson, AZ 85705
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Oakwood Terrace
Studio to 2 Bedroom Apartments

Oakwood Terrace

2740 N Balboa AveTucson, AZ 85705
  • Utilities Included
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Sahuaro Apartments
Studio to 2 Bedroom Apartments

Sahuaro Apartments

510 W Sahuaro StTucson, AZ 85705
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Alborada Apartments
Studio to 1 Bedroom Apartments

Alborada Apartments

2620 N Balboa AveTucson, AZ 85705

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.

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Nido De Sahuaro
1 Bedroom Apartments

Nido De Sahuaro

240 W Sahuaro StTucson, AZ 85705
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Miracle Square
Studio to 2 Bedroom Apartments

Miracle Square

2601 N Oracle RdTucson, AZ 85705
Senior Living
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Laguna Terrace
1 to 2 Bedroom Apartments

Laguna Terrace

114 W Laguna StTucson, AZ 85705
  • Utilities Included

Cheapest Available Balboa Heights Apartments for Rent

 

The cheapest available apartment rental in the Balboa Heights area of Tucson, AZ is a 1 Bed unit found at Kelso Apartments priced from $695. Sierra Madre Condos has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Balboa Heights apartments for rent in Tucson, AZ:

Apartment ListingModel NameBed/BathPriced From
Kelso Apartments1BR/1.0BA1BR,1BA$695
Sierra Madre Condos1 Beds, 1 Baths1BR,1BA$699
Sunpointe Gardens ApartmentsStudioStudio,1BA$735
Cambridge Village Apartments1 bathroomStudio,1BA$761
Sedona Pointe Apartments1 Bedroom 1 Bathroom1BR,1BA$770
Kelso Vista1BR/1.0BA1BR,1BA$840
San Miguel Town Apartmentsccr_1x1Studio,1BA$899

Best Value Apartments for Rent in Balboa Heights, AZ

As of April 24, 2026 the best value apartment in the Balboa Heights area is the $1.12 price per square foot The MacDaddy Model at Stone Avenue Standard-Students Only! in the in the Central Tucson neighborhood starting from $1,599. The second greatest value Balboa Heights apartment is the 2BR/1.0BA Model at Kelso Apartments starting at $850 with a $1.10 price per square foot in the Central Tucson neighborhood. Here is today’s list of the best values for Balboa Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stone Avenue Standard-Students Only!The MacDaddy2BR,2.5BA$1.12
Kelso Apartments2BR/1.0BA2BR,1BA$1.10
Kelso Vista1BR/1.0BA1BR,1BA$1.34
Sierra Madre Condos1 Beds, 1 Baths1BR,1BA$1.23
San Miguel Town Apartmentsccr_1x1Studio ,1BA$2.04
Sedona Pointe Apartments1 Bedroom 1 Bathroom1BR,1BA$1.84
Cambridge Village Apartments1 bathroomStudio ,1BA$1.95
Sunpointe Gardens ApartmentsStudioStudio ,1BA$2.30

Frequently Asked Questions about Cheap Balboa Heights Apartments

What is a cheap apartment in Balboa Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Balboa Heights is under $899.

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

The cheapest apartment in Balboa Heights is Kelso Apartments which is listed at $695, while the average apartment in Balboa Heights costs $1,519.

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.

Articles, How-To's, and Tips

decorative image for A Long-Time Residents Inside Review of the Top 5 Affordable Neighborhoods for Renting in Tucson, AZ article

A Long-Time Residents Inside Review of the Top 5 Affordable Neighborhoods for Renting in Tucson, AZ

Written by: Larry Allen

I'm Larry, a long-time local resident, and I'm happy to be your ApartmentHomeLiving.com Local Expert for Tucson, AZ. I moved here with my family in 1997 for a job transfer from the Midwest.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.