5+ Days Ago
Location
1338 W Balboa Blvd, Newport Beach, CA 92661, USA|Central Newport Beach
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Property Overview
1338 W Balboa Blvd is a highly rated rental with an overall Zumper Expert Rating of 8.4/10, highlighted by an exceptional 10/10 price rating and strong scores for amenities, location, and trustworthiness. It offers impressive value for money and value per square foot compared to other nearby properties, and provides convenient access to multiple top-rated elementary, middle, and high schools within a close radius.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- High school nearby
- Less expensive
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 615 sqft | $2,595 /mo | 1 unit available | ive the ultimate coastal lifestyle in this beautifully located residence at 1338 Balboa Blvd #4 in the heart of Newport Beach’s coveted Balboa Peninsula. Just steps from the sand, this light and airy unit offers the perfect blend of beachside charm and everyday convenience. Enjoy ocean breezes and abundant natural light throughout, creating a relaxed and inviting atmosphere. The home features a well-designed layout ideal for comfortable living, with spacious living areas perfect for unwinding or entertaining after a day at the beach. Situated in an unbeatable location, you’re moments from the shoreline, boardwalk, and some of Newport’s best dining, shopping, and entertainment. Whether it’s morning walks along the beach, bike rides on the boardwalk, or sunsets by the water, this home places you right in the center of it all. Experience coastal living at its finest—this is a rare opportunity to lease in one of Newport Beach’s most desirable beachfront communities. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 7 |
|---|
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About 1338 W Balboa Blvd
ive the ultimate coastal lifestyle in this beautifully located residence at 1338 Balboa Blvd #4 in the heart of Newport Beach’s coveted Balboa Peninsula. Just steps from the sand, this light and airy unit offers the perfect blend of beachside charm and everyday convenience. Enjoy ocean breezes and abundant natural light throughout, creating a relaxed and inviting atmosphere. The home features a well-designed layout ideal for comfortable living, with spacious living areas perfect for unwinding or entertaining after a day at the beach. Situated in an unbeatable location, you’re moments from the shoreline, boardwalk, and some of Newport’s best dining, shopping, and entertainment. Whether it’s morning walks along the beach, bike rides on the boardwalk, or sunsets by the water, this home places you right in the center of it all. Experience coastal living at its finest—this is a rare opportunity to lease in one of Newport Beach’s most desirable beachfront communities.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 1338 W Balboa Blvd is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1338 W Balboa Blvd has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1338 W Balboa Blvd offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1338 W Balboa Blvd is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1338 W Balboa Blvd is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1338 W Balboa Blvd does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 1338 W Balboa Blvd compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.0 mile away
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- More space
- The 1-bedroom is 330 sqft larger than other listings nearby
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Rent trends in Central Newport Beach
1-bedroom apartments at 1338 W Balboa Blvd cost about 13% less than the average rent price for 1-bedroom apartments in Central Newport Beach.
Median rents as of May 9 2026.
Central Newport Beach
Newport Beach
| Month | Median Rent |
|---|---|
| May 2024 | $3,595 |
| June 2024 | $3,542 |
| July 2024 | $3,453 |
| August 2024 | $3,434 |
| September 2024 | $3,460 |
| October 2024 | $3,440 |
| November 2024 | $3,270 |
| December 2024 | $3,211 |
| January 2025 | $3,352 |
| February 2025 | $3,707 |
| March 2025 | $3,623 |
| April 2025 | $3,406 |
| May 2025 | $2,934 |
| June 2025 | $2,946 |
| July 2025 | $3,276 |
| August 2025 | $3,539 |
| September 2025 | $3,470 |
| October 2025 | $3,226 |
| November 2025 | $2,699 |
| December 2025 | $3,100 |
| January 2026 | $3,092 |
| February 2026 | $3,021 |
| March 2026 | $3,105 |
| April 2026 | $3,117 |
| May 2026 | $3,046 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,700 |
| September 2024 | $2,737 |
| January 2025 | $2,995 |
| February 2025 | $4,191 |
| March 2025 | $4,213 |
| May 2025 | $3,750 |
| January 2026 | $2,998 |
| February 2026 | $3,133 |
| March 2026 | $3,500 |
| April 2026 | $3,475 |
| May 2026 | $3,247 |
Affordability calculator
Can I afford to live at 1338 W Balboa Blvd?
Bedrooms
1 bedroomRent-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
$103,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $103,800 annually to afford this 1-bedroom monthly rent price of $2,595.
For more information on rent affordability, visit our rent calculator.
Schools near 1338 W Balboa Blvd
Newport Elementary School
1327 w balboa blvd
newport beach, CA, 92661
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 1338 W Balboa Blvd
Getting around Newport Beach near 1338 W Balboa Blvd
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1338 W Balboa Blvd, Newport Beach
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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