
Cheap Homes for Rent in Lake Balboa Neighborhood of Van Nuys, CA from $1,300 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Balboa area of Van Nuys.


15405 Vanowen St

6729 Woodley Ave

6736 Woodley Ave

16616 Haynes St
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.

5460 White Oak Ave
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.

6640 Woodley Ave

8123 Langdon Ave

17307 Burbank Blvd
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.
Lake Balboa, Van Nuys, CA Local Guide

How much does it cost to rent a home in Lake Balboa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Balboa 2 Bedroom Homes for Rent | $3,111 | $2,199 | $4,895 |
| Lake Balboa 3 Bedroom Homes for Rent | $4,115 | $3,295 | $5,500 |
| Lake Balboa 4 Bedroom Homes for Rent | $4,973 | $3,245 | $10,000+ |
| Lake Balboa 5 Bedroom Homes for Rent | $15,670 | $8,000 | $10,000+ |
| Lake Balboa 6 Bedroom Homes for Rent | $20,125 | $7,250 | $10,000+ |
| Lake Balboa 7 Bedroom Homes for Rent | $27,000 | $10,000 | $10,000+ |
Browse Homes for Rent 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.
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Lake Balboa, Van Nuys, CA Local Guide
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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 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 |
| Latitude Apartments | Studio | Studio,1BA | $1,650 |
| Pavillion Apartments | 1 bed 1 bath | 1BR,1BA | $1,690 |
Best Value Apartments for Rent in Lake Balboa, CA
As of November 09, 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 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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
3.5Pet Friendly
Best Local Schools in Lake Balboa, Van Nuys, CA
Gault Street Elementary
William Mulholland Middle
School data provided by Great Schools
Frequently Asked Questions about Lake Balboa
What type of rentals are currently available in Lake Balboa?
There are currently 494 Apartments for Rent in Lake Balboa, CA with pricing that ranges from $1,305 to $10,194. There are also 107 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Balboa ranging from $1,300 to $35,000.
What is the current price range for Rental Homes in Lake Balboa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Balboa ranges from $1,300 to $35,000 with an average monthly rent of $9,820.
How much are larger Three and Four Bedroom Rentals in Lake Balboa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Balboa range from $2,733 to $10,194, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,295 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,245 and Four Bedroom Apartments start at $3,937.
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.












