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Cheap Apartments for Rent in the Lake Balboa Neighborhood of Van Nuys, CA from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Balboa area of Van Nuys.
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Showing Results 1-9, Page 1 of 1
Lake Balboa, Van Nuys, CA Local Guide
How much does it cost to rent an apartment in Lake Balboa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Balboa Studio Apartments | $1,753 | $1,305 | $2,329 |
| Lake Balboa 1 Bedroom Apartments | $2,005 | $1,500 | $4,817 |
| Lake Balboa 2 Bedroom Apartments | $2,728 | $1,995 | $8,732 |
| Lake Balboa 3 Bedroom Apartments | $3,615 | $2,733 | $10,000+ |
| Lake Balboa 4 Bedroom Apartments | $3,937 | $3,937 | $3,937 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Lake Balboa Neighborhood of Van Nuys, CA.
See all Apartments in Van NuysExplore Van Nuys
Lake Balboa, Van Nuys, CA Local Guide
- Nearby Van Nuys neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Lake Balboa Apartments for Rent
The cheapest available apartment rental in the Lake Balboa area of Van Nuys, CA is a Studio unit found at Sepulveda Manhattan Apartments priced from $1,495. Terrace Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here are the most affordable Lake Balboa apartments for rent in Van Nuys, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sepulveda Manhattan Apartments | Studio | Studio,1BA | $1,495 |
| Terrace Pointe Apartments | 1 Bedroom | 1BR,1BA | $1,500 |
| Green Court Apartments | Single | Studio,1BA | $1,595 |
Best Value Apartments for Rent in Lake Balboa, CA
As of November 10, 2025 the best value apartment in the Lake Balboa area is the $2.36 price per square foot C Floor Plan Model at Encino Palms in the in the Woodley neighborhood starting from $3,125. The second greatest value Lake Balboa apartment is the 2 Bedroom 1.5 Bath Townhouse Model at La Croix Apartments starting at $2,195 with a $1.69 price per square foot in the West Van Nuys neighborhood. Here is today’s list of the best values for Lake Balboa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Encino Palms | C Floor Plan | 2BR,2BA | $2.36 |
| La Croix Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.69 |
| White Oak Gardens | C Floor Plan | 2BR,2BA | $2.31 |
| 6643 Haskell Avenue | 2BR/2.0BA | 2BR,2BA | $2.12 |
| White Oak Terrace Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.29 |
| Valley Oasis Apartments | Spacious 2 Bedroom 2 Bath | 2BR,2BA | $2.00 |
| 15643 Wyandotte St | 2 + 2 | 2BR,2BA | $2.34 |
| Orangebrook Manor Apartments | 1 BR | 1BR,1BA | $2.40 |
| 8123 - Sepulveda Apartments | WAITLIST- 1 Bedroom 1 Bathroom Luxury Apartment... | 1BR,1BA | $2.42 |
| Terrace Pointe Apartments | 1 Bedroom | 1BR,1BA | $2.34 |
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Pet Friendly LifestyleLake Balboa, Van Nuys, CA
Ranked #1
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lake Balboa, Van Nuys, CA
Gault Street Elementary
Los Angeles Unified School District
Public School - Grades K-5 (260)
4 out of 10
William Mulholland Middle
Los Angeles Unified School District
Public School - Grades 6-8 (1002)
7 out of 10
School data provided by Great Schools
Getting Around the Lake Balboa Neighborhood in Van Nuys, CA
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
Transit Score®
44 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Balboa Apartments
What is the Cheapest Studio apartment in Lake Balboa?
Currently the most affordable Cheap Studio Apartment in Lake Balboa is at Sepulveda Manhattan Apartments listed at $1,495.
How much is rent for a Cheap One Bedroom Lake Balboa Apartment?
The lowest price for a Cheap One Bedroom Lake Balboa Apartment is $1,500 at Terrace Pointe Apartments.
What is the lowest price for a Cheap Two Bedroom Lake Balboa Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Balboa is starting from $2,095 at Valley Oasis Apartments.
What is the most affordable Lake Balboa Three Bedroom Apartment?
The best deal on a cheap Lake Balboa Three Bedroom Apartment rental is at Lan8140 and starts from $2,499.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.