
Cheap Apartments for Rent in the Lake Balboa Neighborhood of Van Nuys, CA from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Balboa area of Van Nuys.


San Regis Apartments
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.
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.

Sepulveda Manhattan Apartments

Encino Voltaire
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.

17351 Bullock St, Unit STUDIO- PRIVATE Entry
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 | $1,649 | $1,305 | $2,329 |
| Lake Balboa 1 Bedroom Apartments | $2,032 | $1,500 | $5,160 |
| Lake Balboa 2 Bedroom Apartments | $2,755 | $1,525 | $8,732 |
| Lake Balboa 3 Bedroom Apartments | $3,406 | $2,600 | $10,000+ |
| Lake Balboa 4 Bedroom Apartments | $3,762 | $3,762 | $3,762 |
Browse Apartments in this Neighborhood
There are currently 23 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
- ZIP codes
- 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 1 Bed unit found at Encino Voltaire priced from $1,025. Sepulveda Manhattan Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,495. Here are the most affordable Lake Balboa apartments for rent in Van Nuys, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Encino Voltaire | 1 + 1 | 1BR,1BA | $1,025 |
| Sepulveda Manhattan Apartments | Studio | Studio,1BA | $1,495 |
| Terrace Pointe Apartments | 1 Bedroom | 1BR,1BA | $1,500 |
| San Regis Apartments | Studio (ADA Reno) | Studio,1BA | $1,533 |
| Pavillion Apartments | 1 bed 1 bath | 1BR,1BA | $1,690 |
Best Value Apartments for Rent in Lake Balboa, CA
As of December 05, 2025 the best value apartment in the Lake Balboa area is the $2.35 price per square foot E 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 C Floor Plan Model at White Oak Gardens starting at $2,935 with a $2.31 price per square foot in the Woodley 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 | E Floor Plan | 2BR,2BA | $2.35 |
| White Oak Gardens | C Floor Plan | 2BR,2BA | $2.31 |
| Chateau Woodley Hart Apartments | 2br | 2BR,2BA | $2.26 |
| White Oak Terrace Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.29 |
| La Croix Apartments | 2 Bedroom, One Bath | 2BR,1BA | $1.99 |
| Woodley Sara | B6 | 2BR,2BA | $2.30 |
| 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 |
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 ArticleThe 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.
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.
Pet Friendly LifestyleLake Balboa, Van Nuys, CA
Ranked #1
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Lake Balboa, Van Nuys, CA
Gault Street Elementary
William Mulholland Middle
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 $1,025 at Encino Voltaire.
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 $1,995 at Saticoy Street 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 $2,399.
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

















