5+ Days Ago
Highlights
- Conveniently located
- Updated kitchen
- Spacious layout
- Updated bathroom
- Relaxing
Location
308 Coral Ave, Newport Beach, CA 92662, USA|Balboa Island
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Amenities for 308 Coral Ave, Balboa Island
Features
| 2 Floors | Central Air |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Garage Parking | Outdoor Space |
Other
| Architecture Style: Cottage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 308 Coral Ave
Property Status: Active Charming Balboa Island cottage offered as a flexible month-to-month rental in a prime coastal location. Recently refreshed with new paint and featuring an updated kitchen and bathroom, this home blends classic island charm with modern comfort. Enjoy a spacious layout, abundant natural light, and a huge backyard ideal for relaxing or entertaining. Conveniently located near Marine Avenue shops and dining, the bay front, and the Balboa Island Ferry. Monthly rent with summer rates of $18,000/month for June, July, and August. Office Phone: (949) 717-7100 Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 308 Coral Ave compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Balboa Island |
|---|---|
| Zip code | 92662 |
| Type | House for rent |
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Rent trends in Balboa Island
3-bedroom apartments at 308 Coral Ave cost about 21% more than the average rent price for 3-bedroom apartments in Newport Beach.
Median rents as of Mar 21 2026.
Balboa Island
Newport Beach
| Month | Median Rent |
|---|---|
| April 2024 | $6,794 |
| May 2024 | $6,995 |
| June 2024 | $7,227 |
| July 2024 | $6,934 |
| August 2024 | $7,010 |
| September 2024 | $7,087 |
| October 2024 | $6,436 |
| November 2024 | $8,090 |
| December 2024 | $7,998 |
| January 2025 | $7,912 |
| February 2025 | $7,735 |
| March 2025 | $7,537 |
| April 2025 | $7,500 |
| May 2025 | $7,510 |
| June 2025 | $7,775 |
| July 2025 | $7,952 |
| August 2025 | $7,471 |
| September 2025 | $8,075 |
| October 2025 | $7,948 |
| November 2025 | $7,910 |
| December 2025 | $7,150 |
| January 2026 | $7,128 |
| February 2026 | $7,957 |
| March 2026 | $8,508 |
| Month | Median Rent |
|---|---|
| April 2024 | $8,900 |
| May 2024 | $8,450 |
| June 2024 | $8,380 |
| July 2024 | $7,250 |
| August 2024 | $8,060 |
| September 2024 | $8,600 |
| October 2024 | $8,662 |
| November 2024 | $10,450 |
| December 2024 | $10,062 |
| January 2025 | $13,437 |
| February 2025 | $16,437 |
| March 2025 | $9,880 |
| April 2025 | $8,331 |
| May 2025 | $9,670 |
| June 2025 | $8,700 |
| July 2025 | $13,940 |
| August 2025 | $15,464 |
| September 2025 | $14,975 |
| October 2025 | $16,285 |
| November 2025 | $9,707 |
| December 2025 | $8,750 |
| January 2026 | $7,642 |
| February 2026 | $8,914 |
| March 2026 | $9,633 |
Affordability calculator
Can I afford to live at 308 Coral Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$480,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $480,000 annually to afford this 3-bedrooms monthly rent price of $12,000.
For more information on rent affordability, visit our rent calculator.
Schools near 308 Coral Ave
Abraham Lincoln Elementary School
3101 pacific view dr
corona del mar, CA, 92625
K-6Public
A
Monte Vista High School
390 monte vista ave
costa mesa, CA, 92627
K-12Public
A-
Orange County Special Education
200 kalmus dr
costa mesa, CA, 92628
K-12Public
Access County Community
200 kalmus dr
costa mesa, CA, 92628
K-12Public
D+
Early Childhood Learning Center
1 smoketree
irvine, CA, 92604
KPublic
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Internet available near 308 Coral Ave
Getting around Newport Beach near 308 Coral Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 308 Coral Ave, Newport Beach
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Explore the area around 308 Coral Ave
Pavilions
1000 Bayside Dr
Lombardy's Market & Italian Deli
508 W Balboa Blvd
Scott Boras Law Corp
18 Corporate Plaza Dr
Bristol Farms-North Beach
810 Avocado Ave
Cpamarket Com
250 Newport Center Dr
Balboa Boutique
301 Marine Ave
Cuteness Overload Boutique
301 Marine Ave
Isabella's Cabin
221 Marine Ave
Crush Clothing
317 Marine Ave
Amore
211 Marine Ave
Juice Crafters
220 Marine Ave
Dad Donuts & Bakery
318 Marine Ave
Java Bakery Cafe
1064 Bayside Dr
My Galley
500 W Balboa Blvd
Peet's Coffee
894 Avocado Ave
The Village Inn
127 Marine Ave
Bayside Restaurant
900 Bayside Dr
Balboa Saloon
700 E Bay Ave
Cruisers Pizza Bar Grill
801 E Balboa Blvd
Class of 47
209 Palm St
Balboa Island Baking Company
220 Marine Ave
Cinnamon Roll Fair
220 Marine Ave
Olive Oil & Beyond
210 Marine Ave
Java Bakery Cafe
1064 Bayside Dr
Pavilions Bakery
1000 Bayside Dr
Myrtle Park
Balboa Island Park
Back Bay View Park
Miramar Park
Peninsula Park
Snipe Island Crafthouse
305 Marine Ave
Ciao Italian Restaurant
223 Marine Ave
Royal Hen
311 Marine Ave
Basilic Restaurant
217 Marine Ave
Golden Rabbit
217 Marine Ave
Bayside-Ent 919 Newport
Santa Ana - Newport Beach
Bayside-Jamboree
Santa Ana - Newport Beach
Bayside-East Promontory Point
Santa Ana - Newport Beach
Jamboree-Coast
Santa Ana - Newport Beach
Coast-Jamboree
Santa Ana - Newport Beach, Long Beach - San Clemente
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