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1 to 2 Bedroom Apartments
La Coruna Senior Apartments
15301 Lanark StVan Nuys, CA 91406
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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1 to 2 Bedroom Apartments
Andalucia Senior Apartments
15305 Lanark StVan Nuys, CA 91405
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Studio to 3 Bedroom Apartments
6857 Haskell Ave
6857 Haskell AveVan Nuys, CA 91406
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Studio to 1 Bedroom Apartments
16016 Vanowen St
16016 Vanowen StVan Nuys, CA 91406
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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Studio to 2 Bedroom Apartments
8080 Langdon Ave
8080 Langdon AveVan Nuys, CA 91406
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Studio to 2 Bedroom Apartments
6701 Haskell Ave
6701 Haskell AveVan Nuys, CA 91406
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Studio to 2 Bedroom Apartments
Sepulveda Garden Apartments
7007 SepulvedaVan Nuys, CA 91405
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Studio to 2 Bedroom Apartments
Valle Terrace Apartments
15343 Vanowen StVan Nuys, CA 91406
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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Studio to 3 Bedroom Apartments
White Oak Apartments
5139 White Oak AveEncino, CA 91316
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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 | $1,726 | $1,305 | $2,121 |
| Lake Balboa 1 Bedroom Apartments | $2,010 | $1,445 | $2,553 |
| Lake Balboa 2 Bedroom Apartments | $2,764 | $1,895 | $8,732 |
| Lake Balboa 3 Bedroom Apartments | $3,845 | $2,695 | $10,000+ |
| Lake Balboa 4 Bedroom Apartments | $3,675 | $3,675 | $3,675 |
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
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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 Studio Village Apartments priced from $1,445. 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 |
|---|---|---|---|
| Studio Village Apartments | 1 Bedroom | 1BR,1BA | $1,445 |
| Sepulveda Manhattan Apartments | Studio | Studio,1BA | $1,495 |
| Green Court Apartments | Single | Studio,1BA | $1,595 |
Best Value Apartments for Rent in Lake Balboa, CA
As of February 27, 2026 the best value apartment in the Lake Balboa area is the $2.10 price per square foot 2 Bedroom 2 Bath Model at White Oak Terrace Apartments in the in the Woodley neighborhood starting from $2,940. The second greatest value Lake Balboa apartment is the A Floor Plan Model at White Oak Gardens starting at $3,110 with a $2.45 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. |
|---|---|---|---|
| White Oak Terrace Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $2.10 |
| White Oak Gardens | A Floor Plan | 2BR,2BA | $2.45 |
| Encino Palms Apartments | A Floor Plan | 2BR,2BA | $2.35 |
| 7013 Haskell Ave | 2B 2B | 2BR,2BA | $2.45 |
| Chateau Woodley Hart Apartments | 2br | 2BR,2BA | $2.18 |
| La Croix Apartments | 2 Bedroom, One Bath | 2BR,1BA | $2.00 |
| Rubio Villas | 2BR/2.0BA | 2BR,2BA | $2.51 |
| Amanda Regency Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.29 |
| Orangebrook Manor Apartments | 1 BR | 1BR,1BA | $2.40 |
| Studio Village Apartments | 1 Bedroom With Patio | 1BR,1BA | $2.31 |
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.
Read ArticleCash 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.
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.
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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
3.0Pet Friendly
Best Local Schools in Lake Balboa, Van Nuys, CA
Gault Street Elementary
Los Angeles Unified School District
Public School - Grades K-5 (298)
4 out of 10
William Mulholland Middle
Los Angeles Unified School District
Public School - Grades 6-8 (1098)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Lake Balboa Apartments
What is a cheap apartment in Lake Balboa?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Balboa is under $1,795.
What is the price of a cheap apartment in Lake Balboa?
The cheapest apartment in Lake Balboa is Studio Village Apartments which is listed at $1,445, while the average apartment in Lake Balboa costs $3,675.
What types of apartments are the cheapest in Lake Balboa?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Lake Balboa that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.