Average Rent in Lake Balboa, Los Angeles, CA and Rent Price Trends

Rent trends in Lake Balboa, Los Angeles, CA

Average rent prices in Lake Balboa have decreased by 4% over the last month and have decreased by 6% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Lake Balboa, Los Angeles, CA

Rent prices in Lake Balboa vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lake Balboa is $1,900, whereas a house costs $3,985. 1-bedroom apartments in Lake Balboa run $1,795 on average, while 2-bedroom apartments are $2,467.


Studio	$1,550	1%	9%
1 bedroom	$1,797	1%	13%
2 bedroom	$2,600	1%	5%
3 bedroom	$3,800	3%	3%
4 bedroom	$6,500	34%	55%

		Listings
Canoga Park	$2,350
Encino	$3,350
Greater Toluca Lake	$2,900
Pacific Palisades	$12,500
Panorama City	$2,116
Reseda	$2,500


Apartments	$1,900	11%	No Change
Condos	$2,750	7%	No Change
Houses	$3,985	6%	No Change

Studio

Average rent

$1,550

Last 30 days

Last year

1 bedroom

Average rent

$1,797

Last 30 days

Last year

13%

2 bedroom

Average rent

$2,600

Last 30 days

Last year

3 bedroom

Average rent

$3,800

Last 30 days

Last year

4 bedroom

Average rent

$6,500

Last 30 days

34%

Last year

55%

The table above reflects average rent prices in Lake Balboa, Los Angeles, CA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lake Balboa, Los Angeles, CA compare to other neighborhoods?

Compare median rent prices in Lake Balboa and Canoga Park by all bedroom counts and property types.

Lake Balboa

Median rent price$2,346

22%

higher than the national median

Median rent price$2,350

22%

higher than the national median

Takeaway

The median rent for all rentals in Lake Balboa, Los Angeles, CA is equal to the median rent in Canoga Park, Los Angeles, CA.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$2,350

$3,350

$2,900

$12,500

$2,116

$2,500

Discover rentals in Lake Balboa, Los Angeles, CA

2d ago

Lake Balboa house for rent in Los Angeles

2 Bedroom 1 Bath House

7314 Gaviota Ave, Los Angeles, CA 91406

2 beds

1 bath

$1,300

House for rent

Available Jul 29

4d ago

Very good

7317 Haskell Avenue

7317 Haskell Ave, Los Angeles, CA 91406

Studio–3 beds

1–2 baths

$1,750–$3,100

Apartment for rent

Available Jan 26

2d ago

8.5

Very good

6537-6543 Woodley

6537 Woodley Ave, Los Angeles, CA 91406

2 beds

1 bath

$1,795

Apartment for rent

3d ago

9.4

Excellent

6651 Haskell Ave

6651 Haskell Ave, Los Angeles, CA 91406

2 beds

2 baths

$1,948–$2,448

Apartment for rent

3d ago

9.4

Excellent

La Croix Apartments

15749 Vanowen St, Los Angeles, CA 91406

2 beds

1 bath

$2,095–$2,395

Apartment for rent

2d ago

Lake Balboa apartment for rent in Los Angeles

Updated 2BR Apartment with Breakfast Bar & Remodeled Bathroom

16731 Sherman Way #105, Los Angeles, CA 91406

2 beds

1 bath

$2,395

$2,195

Price drop

Apartment for rent

Available Jun 13

1d ago

Lake Balboa apartment for rent in Los Angeles

7424 Haskell Avenue

7424 Haskell Ave, Los Angeles, CA 91406

2 beds

1 bath

$2,275–$2,385

Apartment for rent

5d+ ago

Lake Balboa apartment for rent in Los Angeles

Woodley place

6928 Woodley Ave #204, Los Angeles, CA 91406

2 beds

1 bath

$2,295

Apartment for rent

Available Jul 25

Stay up to date with rental market insights

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Frequently asked questions for Lake Balboa, Los Angeles, CA

Quick answers to common questions about the Lake Balboa rental market.

How much is rent in Lake Balboa?

The average rent in Lake Balboa is $2,346 per month as of July 25, 2026.

Is rent up or down in Lake Balboa?

Average rent prices in Lake Balboa have decreased by 4% over the last month and have decreased by 6% since last year.

How does Lake Balboa rent compare to the national average?

Rent in Lake Balboa is 22% above the national average, which means renters are paying approximately $416 more per month.

What salary do I need to afford rent in Lake Balboa?

To comfortably afford rent in Lake Balboa, you'd need to earn approximately $94,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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