Average Rent in Balboa Peninsula Point, Newport Beach, CA and Rent Price Trends

Rent trends in Balboa Peninsula Point, Newport Beach, CA

Average rent prices in Balboa Peninsula Point have decreased by 43% over the last month and have decreased by 63% 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 Peninsula Point, Newport Beach, CA

Rent prices in Balboa Peninsula Point vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Balboa Peninsula Point is $4,525, whereas a house costs $16,875. 1-bedroom apartments in Balboa Peninsula Point run $2,850 on average, while 2-bedroom apartments are $5,495.


Studio	$2,200	7%	-
1 bedroom	$3,700	No Change	268%
2 bedroom	$3,795	8%	41%
3 bedroom	$8,900	43%	19%
4 bedroom	$13,500	9%	22%

		Listings
Balboa Island	$5,959
Big Canyon	$9,250
Central Newport Beach	$6,695
Lido Isle	$5,250
Newport Heights	$4,335
North Harbor View	$7,750


Apartments	$4,525	1%	No Change
Condos	$5,000	28%	No Change
Houses	$16,875	12%	No Change

Studio

Average rent

$2,200

Last 30 days

1 bedroom

Average rent

$3,700

Last year

268%

2 bedroom

Average rent

$3,795

Last 30 days

Last year

41%

3 bedroom

Average rent

$8,900

Last 30 days

43%

Last year

19%

4 bedroom

Average rent

$13,500

Last 30 days

Last year

22%

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

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

Balboa Peninsula Point

Median rent price$5,495

183%

higher than the national median

Median rent price$5,959

206%

higher than the national median

Takeaway

The median rent for all rentals in Balboa Peninsula Point, Newport Beach, CA is 8% lower than the median rent in Balboa Island, Newport Beach, CA.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$5,959

$9,250

Central Newport Beach

$6,695

$5,250

$4,335

$7,750

Discover rentals in Balboa Peninsula Point, Newport Beach, CA

4d ago

8.8

Very good

1530 Miramar Dr

1530 Miramar Dr, Newport Beach, CA 92661

1 bed

1 bath

$2,850

Apartment for rent

1d ago

8.4

Very good

915 East Balboa Blvd.

915 E Balboa Blvd, Newport Beach, CA 92661

3 beds

1 bath

$3,995

Apartment for rent

5d+ ago

Balboa Peninsula Point apartment for rent in Newport Beach

2BR/2.0BA

1520 Miramar Dr, Newport Beach, CA 92661

2 beds

2 baths

$5,495

Apartment for rent

5d+ ago

Balboa Peninsula Point house for rent in Newport Beach

2124 E Oceanfront, Newport Beach, CA 92661

2 beds

2 baths

$8,495

House for rent

3d ago

Balboa Peninsula Point house for rent in Newport Beach

2025 E Balboa Blvd, Newport Beach, CA 92661

4 beds

4 baths

$13,000

House for rent

Available May 8

5d+ ago

Balboa Peninsula Point house for rent in Newport Beach

Your Ultimate California Dream on J St

507 J St, Newport Beach, CA 92661

4 beds

3 baths

$18,750

House for rent

Stay up to date with rental market insights

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Frequently asked questions for Balboa Peninsula Point, Newport Beach, CA

Quick answers to common questions about the Balboa Peninsula Point rental market.

How much is rent in Balboa Peninsula Point?

The average rent in Balboa Peninsula Point is $5,495 per month as of July 18, 2026.

Is rent up or down in Balboa Peninsula Point?

Average rent prices in Balboa Peninsula Point have decreased by 43% over the last month and have decreased by 63% since last year.

How does Balboa Peninsula Point rent compare to the national average?

Rent in Balboa Peninsula Point is 183% above the national average, which means renters are paying approximately $3,550 more per month.

What salary do I need to afford rent in Balboa Peninsula Point?

To comfortably afford rent in Balboa Peninsula Point, you'd need to earn approximately $220,000/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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