
Cheap Homes for Rent in Lake Balboa Neighborhood of Van Nuys, CA from $1,500 (33 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Balboa area of Van Nuys.


8300 Densmore Ave

5460 White Oak Ave

15546 Vanowen St

16143 Kittridge St, Unit ADU

15546 Vanowen St

7413 Oak Park Ave

6833 Sepulveda Blvd
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.

7425 Gloria Ave

6833 Sepulveda Blvd

6640 Woodley Ave

5307 Sepulveda Blvd

5307 Sepulveda Blvd

7006 Encino Ave

17200 Burbank Blvd

7500 Yarmouth 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.

5460 White Oak Ave, Unit 212

5460 White Oak Ave, Unit G213

15335 Magnolia Blvd, Unit 216

17200 Burbank Blvd

6439 Graves Ave

7650 Ostrom Ave

7532 Gaviota Ave

17307 Burbank Blvd
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.

6736 Woodley Ave

6439 1/2 Graves Ave

17000 Burbank Blvd

5460 White Oak Ave

5460 White Oak Ave, Unit G108

17000 Burbank Blvd

6928 Woodley Ave

16550 Vanowen St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

15455 Sherman Way
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 | $3,098 | $2,195 | $4,500 |
| Lake Balboa 3 Bedroom Homes for Rent | $4,008 | $1,950 | $5,000 |
| Lake Balboa 4 Bedroom Homes for Rent | $8,135 | $4,200 | $10,000+ |
| Lake Balboa 5 Bedroom Homes for Rent | $17,765 | $10,000 | $10,000+ |
| Lake Balboa 6 Bedroom Homes for Rent | $29,750 | $10,000 | $10,000+ |
| Lake Balboa 7 Bedroom Homes for Rent | $19,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Lake Balboa Neighborhood of Van Nuys, CA.
Explore Van Nuys
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 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 |
| Executive House Apartments | Studio | Studio,1BA | $1,625 |
| The Parkview | JR One Bedroom | 1BR,1BA | $1,630 |
| Chateau W6600 Apartment Homes | STUDIO | Studio,1BA | $1,694 |
| Saticoy Street Apartments | 1+1 | 1BR,1BA | $1,695 |
| San Regis Apartments | Studio | Studio,1BA | $1,741 |
| 15925 Victory Blvd | 1BR/1.0BA | 1BR,1BA | $1,745 |
| 5307 Sepulveda Blvd. | 1x1 | 1BR,1BA | $1,795 |
Best Value Apartments for Rent in Lake Balboa, CA
As of February 25, 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.
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 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.
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
Frequently Asked Questions about Lake Balboa
What type of rentals are currently available in Lake Balboa?
There are currently 496 Apartments for Rent in Lake Balboa, CA with pricing that ranges from $1,305 to $10,194. There are also 104 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Balboa ranging from $1,500 to $30,000.
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 $1,500 to $30,000 with an average monthly rent of $10,696.
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 $2,695 to $10,194, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $5,000. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $3,675.
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.