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
- Lacks images
- Fewer than 10 photos available for this location
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 12% more than the average rent price for 3-bedroom apartments in Newport Beach.
Median rents as of May 9 2026.
Balboa Island
Newport Beach
| Month | Median Rent |
|---|---|
| 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 | $8,406 |
| April 2026 | $8,654 |
| May 2026 | $8,622 |
| Month | Median Rent |
|---|---|
| May 2024 | $8,500 |
| 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 | $9,593 |
| April 2026 | $9,775 |
| May 2026 | $10,000 |
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
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