Last updated on June 15, 2026

Average rent in
Balboa Island, Newport Beach, CA

Median rent

Median rent in Balboa Island

$8,950/mo

increased by3%

vs previous year

The average rent in Balboa Island is $8,950 per month as of June 2026. This is 359% above the national average rent, or $7,000 more per month.

$5.20

average price per square foot

Total rentals

Available rentals in Balboa Island

13

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Balboa Island rentals at each price point

80%60%40%20%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Balboa Island, Newport Beach, CA, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Balboa Island, Newport Beach, CA

Average rent prices in Balboa Island have decreased by 25% over the last month and have increased by 3% 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 $7,325, whereas a house costs $12,000. 1-bedroom apartments in Balboa Island run $3,750 on average, while 2-bedroom apartments are $4,300.

Listings

Studio

$280

No Change

71%

1 bedroom

$3,100

2%

-

2 bedroom

$6,500

1%

101%

3 bedroom

$9,000

2%

6%

4 bedroom

$25,000

1%

114%

Studio

Average rent

$280

Last year

71%

1 bedroom

Average rent

$3,100

Last 30 days

2%

2 bedroom

Average rent

$6,500

Last 30 days

1%

Last year

101%

3 bedroom

Average rent

$9,000

Last 30 days

2%

Last year

6%

4 bedroom

Average rent

$25,000

Last 30 days

1%

Last year

114%

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$8,950
increased by359%

higher than the national median

Median rent price$9,995
increased by413%

higher than the national median

Takeaway

The median rent for all rentals in Balboa Island, Newport Beach, CA is 10% lower than the median rent in Balboa Peninsula Point, Newport Beach, CA.

Discover rentals in Balboa Island, Newport Beach, CA

130 Topaz Ave #1-2 - Photo 1 of 1

5d+ ago

Balboa Island apartment for rent in Newport Beach

Duplex - Newport Beach, CA

130 Topaz Ave #1-2, Newport Beach, CA 92662

2 beds

1 bath

$4,300

Apartment for rent

221 Pearl Ave - Photo 1 of 1

5d+ ago

Balboa Island house for rent in Newport Beach

House for rent

227 Apolena Ave - Photo 1 of 1

5d+ ago

Balboa Island house for rent in Newport Beach

Single Family Residence, Bungalow - Newport Beach, CA

227 Apolena Ave, Newport Beach, CA 92662

3 beds

2 baths

$7,000

House for rent

209 Agate Ave - Photo 1 of 1

5d+ ago

Balboa Island house for rent in Newport Beach

Single Family Residence - Newport Beach, CA

209 Agate Ave, Newport Beach, CA 92662

3 beds

2 baths

$7,800

House for rent

Stay up to date with rental market insights

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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 $8,950 per month as of June 13, 2026.

Is rent up or down in Balboa Island?

Average rent prices in Balboa Island have decreased by 25% over the last month and have increased by 3% since last year.

How does Balboa Island rent compare to the national average?

Rent in Balboa Island is 359% above the national average, which means renters are paying approximately $7,000 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 $358,000/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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