What is the average rent for a 1-bedroom apartment in Balboa Island, Newport Beach, CA?

One-bedroom apartments in Balboa Island average around $4,200 per month in 2025, representing a 15.7% increase from the previous year. These units typically offer around 670 sqft of living space.

What is the average rent for a 2-bedroom apartment in Balboa Island, Newport Beach, CA?

Two-bedroom apartments in Balboa Island rent for around $4,900 per month in 2025, up 18.0% from 2024. These apartments average around 823 sqft in size.

What is the average rent for a 3-bedroom apartment in Balboa Island, Newport Beach, CA?

Three-bedroom apartments in Balboa Island average around $11,500 per month in 2025, showing the largest year-over-year increase at 32.0%. These larger units typically span around 1,825 sqft.

How much does it cost to rent an apartment in Balboa Island, Newport Beach, CA?

Balboa Island's rental market averaged around $9,800 per month across all property types in 2025, with rents climbing 20.8% from the previous year. September sees the highest rents, running about 44% higher than May pricing.

What is the average apartment size in Balboa Island, Newport Beach, CA?

Apartments in Balboa Island average around 1,473 sqft across all unit types. Studio apartments offer around 773 sqft, while three-bedroom units provide the most space at around 1,825 sqft.

What type of apartment is most common in Balboa Island, Newport Beach, CA?

Three-bedroom apartments are the most common rental type in Balboa Island, with about 12 listings available monthly. The neighborhood sees a total of about 23 rental listings per month across all unit sizes.

What type of apartment is least common in Balboa Island, Newport Beach, CA?

Studio apartments have the fewest listings in Balboa Island, with about 1 available per month. One-bedroom apartments are also relatively uncommon, averaging about 3 listings monthly.

Cheap Apartments for Rent in Balboa Island, Newport Beach, CA

25 rentals available

2d ago

8.4

Very good

915 East Balboa Blvd.

915 E Balboa Blvd, Newport Beach, CA 92661

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$3,995

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap Balboa Island house for rent in Newport Beach

221 Pearl Ave, Newport Beach, CA 92662

Affordable | Furnished

2 beds

1 bath

$4,500

House for rent

310 Fernando Street Street #105 - Photo 1 of 1

3D tour

5d+ ago

Cheap Balboa Peninsula Point condo for rent in Newport Beach

Condominium - Newport Beach, CA

310 Fernando Street Street #105, Newport Beach, CA 92661

Affordable | Storage | Swimming pool

2 beds

2 baths

$5,000

$4,700

Price drop

Condo for rent

5d+ ago

Cheap Central Newport Beach condo for rent in Newport Beach

310 Fernando St, Newport Beach, CA 92661

Affordable | In-unit laundry | Assigned parking

2 beds

2 baths

$4,700

Condo for rent

Top amenities

Dishwasher

In-Unit Laundry

Roof Deck

Swimming Pool

Highly rated

3D tour

5d+ ago

Excellent

Verified

Fairway at Big Canyon

48 1/2 Pine Valley Ln, Newport Beach, CA 92660

Affordable | In-unit laundry | Dishwasher

2 beds

2 baths

$5,079

Apartment for rent

Top amenities

Central Heat

Controlled Access

Fireplace

Hardwood Floor

In-Unit Laundry

Swimming Pool

Call

2d ago

Cheap Balboa Peninsula Point apartment for rent in Newport Beach

2BR/2.0BA

1520 Miramar Dr, Newport Beach, CA 92661

Affordable | Garage parking | Dishwasher

2 beds

2 baths

$5,495

Apartment for rent

Nearby rental good for eco-living

$20,000

Balboa Island

Nearby rental good for pet owners

$5,079

Big Canyon

5d+ ago

9.7

Excellent

Verified

131 Opal Avenue

131 Opal Ave, Newport Beach, CA 92662

Affordable | In-unit laundry | Oven

3 beds

2 baths

$5,895

Apartment for rent

Top amenities

In-Unit Laundry

Microwave

3d ago

Cheap Balboa Island townhouse for rent in Newport Beach

3 Bedroom 2 Bathroom Duplex on Balboa Island With Great Amenities!

316 Onyx Ave #NA, Newport Beach, CA 92662

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$5,950

House for rent

Available Jul 15

Top amenities

Furnished

In-Unit Laundry

Roof Deck

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3D tour

5d+ ago

Cheap Central Newport Beach apartment for rent in Newport Beach

3BR/2.0BA

111 E Edgewater Ave #B, Newport Beach, CA 92661

Affordable | In-unit laundry | Garage parking

3 beds

2 baths

$6,695

Apartment for rent

Top amenities

Ceiling Fan

Furnished

In-Unit Laundry

Wi-Fi

5d+ ago

Cheap Balboa Island house for rent in Newport Beach

Single Family Residence, Bungalow - Newport Beach, CA

227 Apolena Ave, Newport Beach, CA 92662

Affordable | Furnished | High ceilings

3 beds

2 baths

$7,000

House for rent

Find sweet deals near Balboa Island

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$10,000

Central Newport Beach

$4,700

Central Newport Beach

$9,995

Corona Del Mar

$4,250

Bayside

5d+ ago

Cheap Balboa Island house for rent in Newport Beach

Single Family Residence - Newport Beach, CA

209 Agate Ave, Newport Beach, CA 92662

Affordable | Furnished | Fireplace

3 beds

2 baths

$7,800

House for rent

5d+ ago

Cheap Balboa Island apartment for rent in Newport Beach

Duplex - Newport Beach, CA

216 Collins Ave, Newport Beach, CA 92662

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$8,000

Apartment for rent

Top amenities

Dishwasher

Fireplace

In-Unit Laundry

On-Site Laundry

3D tour

5d+ ago

Cheap Central Newport Beach house for rent in Newport Beach

322 Anade Ave, Newport Beach, CA 92661

Affordable | In-unit laundry | Garage parking

4 beds

3.5 baths

$10,000

House for rent

Top amenities

Ceiling Fan

Dishwasher

Garage Parking

In-Unit Laundry

Microwave

2d ago

Cheap Irvine Terrace house for rent in Newport Beach

1401 Bonnie Doone Ter, Newport Beach, CA 92625

Affordable | Outdoor space

5 beds

3 baths

$11,500

House for rent

Available Jun 21

5d+ ago

Cheap Balboa Island house for rent in Newport Beach

Single Family Residence - Newport Beach, CA

135 Turquoise Ave, Newport Beach, CA 92662

Affordable | On-site laundry | Furnished

4 beds

2 baths

$12,000

House for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap Central Newport Beach apartment for rent in Newport Beach

Duplex - Newport Beach, CA

215 E Edgewater Ave, Newport Beach, CA 92661

Affordable | Garage parking | Storage

2 beds

2 baths

$13,000

Apartment for rent

Top amenities

Elevator

Furnished

5h ago

Cheap Balboa Island apartment for rent in Newport Beach

Duplex - Newport Beach, CA

805 N Bay Front, Newport Beach, CA 92662

Affordable | Hardwood floor | Furnished

3 beds

3 baths

$15,000

Apartment for rent

5d+ ago

Cheap Central Newport Beach house for rent in Newport Beach

305 Montero St, Newport Beach, CA 92661

Affordable | Roof deck

4 beds

3.5 baths

$15,000

House for rent

5d+ ago

Cheap Balboa Peninsula Point house for rent in Newport Beach

Single Family Residence - Newport Beach, CA

1303 E Balboa Blvd, Newport Beach, CA 92661

Affordable | On-site laundry | Garage parking

3 beds

2.5 baths

$15,000

House for rent

Top amenities

High Ceilings

On-Site Laundry

Storage

5d+ ago

Cheap Balboa Island house for rent in Newport Beach

Single Family Residence - Newport Beach, CA

119 Opal Ave, Newport Beach, CA 92662

Affordable | Carpet | Fireplace

3 beds

2.5 baths

$16,000

House for rent

Top amenities

Fireplace

5d+ ago

Cheap Balboa Island house for rent in Newport Beach

Single Family Residence - Newport Beach, CA

217 Coral Ave, Newport Beach, CA 92662

Affordable | Hardwood floor | Furnished

3 beds

4 baths

$20,000

House for rent

New construction

5d+ ago

Cheap Balboa Island house for rent in Newport Beach

Single Family Residence - Newport Beach, CA

201 Opal Ave, Newport Beach, CA 92662

Affordable | In-unit laundry | Garage parking

3 beds

3 baths

$21,995

House for rent

Top amenities

Ceiling Fan

Elevator

Fireplace

Garage Parking

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap Balboa Peninsula Point house for rent in Newport Beach

2105 E Balboa Blvd, Newport Beach, CA 92661

Affordable | Garage parking | Furnished

4 beds

5 baths

$28,500

House for rent

Available Jun 16

Top amenities

Residents Lounge

Roof Deck

5d+ ago

Cheap Balboa Peninsula Point house for rent in Newport Beach

Your Ultimate California Dream on J St

507 J St, Newport Beach, CA 92661

Affordable | In-unit laundry | Assigned parking

4 beds

3 baths

$30,000

House for rent

Available Feb 18

Top amenities

Air Conditioning

Assigned Parking

Central Heat

Dishwasher

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap Little Balboa Island house for rent in Newport Beach

Single Family Residence, Cape Cod,Traditional - Newport Beach, CA

317 E Bay Front, Newport Beach, CA 92662

Affordable | In-unit laundry | Garage parking

3 beds

3.5 baths

$39,500

House for rent

Top amenities

Dishwasher

Furnished

Garage Parking

High Ceilings

In-Unit Laundry

On-Site Laundry

Showing 1 - 25 of 25 results

Home > Apartments in Newport Beach > Balboa Island > Balboa Island Cheap Apartments For Rent

Updated: June 24, 2026

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