Last updated on September 13, 2026

Average rent in
Balboa Island, Newport Beach, CA

Median rent

Median rent in Balboa Island

$7,472/mo

decreased by7%

vs previous year

The average rent in Balboa Island is $7,472 per month as of September 2026. This is 293% above the national average rent, or $5,572 more per month.

$4.61

average price per square foot

Total rentals

Available rentals in Balboa Island

17

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Balboa Island rentals at each price point

60%45%30%15%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Balboa Island, Newport Beach, CA

Average rent prices in Balboa Island have increased by 14% over the last month and have decreased by 7% 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 Balboa Island, Newport Beach, CA

Rent prices in Balboa Island vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Balboa Island is $4,059, whereas a house costs $11,000. 1-bedroom apartments in Balboa Island run $2,640 on average, while 2-bedroom apartments are $3,495.

Listings

Studio

$2,350

No Change

50%

1 bedroom

$2,640

21%

33%

2 bedroom

$3,997

No Change

27%

3 bedroom

$7,595

11%

38%

4 bedroom

$10,750

46%

6%

Studio

Average rent

$2,350

Last year

50%

1 bedroom

Average rent

$2,640

Last 30 days

21%

Last year

33%

2 bedroom

Average rent

$3,997

Last year

27%

3 bedroom

Average rent

$7,595

Last 30 days

11%

Last year

38%

4 bedroom

Average rent

$10,750

Last 30 days

46%

Last year

6%

The table above reflects average rent prices in Balboa Island, Newport Beach, 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 Balboa Island, Newport Beach, CA compare to other neighborhoods?

Compare median rent prices in Balboa Island and Balboa Peninsula Point by all bedroom counts and property types.

Balboa Island

Median rent price$7,472
increased by293%

higher than the national median

Median rent price$10,000
increased by426%

higher than the national median

Takeaway

The median rent for all rentals in Balboa Island, Newport Beach, CA is 25% lower than the median rent in Balboa Peninsula Point, Newport Beach, CA.

Discover rentals in Balboa Island, Newport Beach, CA

221 Pearl Ave - Photo 1 of 1

5d+ ago

Balboa Island house for rent in Newport Beach

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Balboa Island, Newport Beach, CA

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

How much is rent in Balboa Island?

The average rent in Balboa Island is $7,472 per month as of September 12, 2026.

Is rent up or down in Balboa Island?

Average rent prices in Balboa Island have increased by 14% over the last month and have decreased by 7% since last year.

How does Balboa Island rent compare to the national average?

Rent in Balboa Island is 293% above the national average, which means renters are paying approximately $5,572 more per month.

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

To comfortably afford rent in Balboa Island, you'd need to earn approximately $299,000/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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