Cheap Studio Apartments for Rent in the Lake Balboa Neighborhood of Van Nuys, CA from $1,305 (39 Rentals)

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property at 7248 Shoshone Ave

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

Studio, 1 Bath Home for Rent

Available Now

7248 Shoshone Ave

Van NuysCA91406

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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8080 Langdon Ave
Studio Apartments

8080 Langdon Ave

8080 Langdon AveVan Nuys, CA 91406
  • Utilities Included
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Vanowen Apartments
Studio Apartments

Vanowen Apartments

15340-15344 Vanowen StVan Nuys, CA 91406
  • 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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Sonterra Condominiums
Studio Apartments

Sonterra Condominiums

15425 Sherman WayVan Nuys, CA 91406
  • Utilities Included
  • Smoke Free
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16226 Vanowen St
Studio Apartments

16226 Vanowen St

16226 Vanowen StVan Nuys, CA 91406
  • Utilities Included
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nor1627
Studio Apartments

nor1627

15352 Vanowen StVan Nuys, CA 91406
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7317 Haskell Avenue
Studio Apartments

7317 Haskell Avenue

7317 Haskell AveVan Nuys, CA 91406
  • Utilities Included

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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White Oak Apartments
Studio Apartments

White Oak Apartments

5139 White Oak AveEncino, CA 91316
  • Utilities Included
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The Village
Studio Apartments

The Village

5333 Balboa BlvdEncino, CA 91316
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Lake Balboa, Van Nuys, CA Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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.

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Quick 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 Lifestyle
Lake Balboa, Van Nuys, CA

Ranked #1

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Lake Balboa, Van Nuys, CA

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 $1,650.

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

The cheapest apartment in Lake Balboa is 5307 Sepulveda Blvd. which is listed at $1,395, while the average apartment in Lake Balboa costs $3,950.

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 77 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

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.