Last updated on June 3, 2026

Average rent in
Balboa Peninsula Point, Newport Beach, CA

Median rent

Median rent in Balboa Peninsula Point

$13,750/mo

decreased by10%

vs previous year

The average rent in Balboa Peninsula Point is $13,750 per month as of May 2026. This is 605% above the national average rent, or $11,800 more per month.

$6.70

average price per square foot

Total rentals

Available rentals in Balboa Peninsula Point

20

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Balboa Peninsula Point 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

Rent trends in Balboa Peninsula Point, Newport Beach, CA

Average rent prices in Balboa Peninsula Point have remained the same over the last month and have decreased by 10% 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 $5,122, whereas a house costs $15,497. 1-bedroom apartments in Balboa Peninsula Point run $2,895 on average, while 2-bedroom apartments are $4,295.

Listings

Studio

$1,695

7%

-

1 bedroom

$4,495

5%

-

2 bedroom

$5,000

18%

49%

3 bedroom

$15,500

6%

21%

4 bedroom

$18,000

No Change

22%

Studio

Average rent

$1,695

Last 30 days

7%

1 bedroom

Average rent

$4,495

Last 30 days

5%

2 bedroom

Average rent

$5,000

Last 30 days

18%

Last year

49%

3 bedroom

Average rent

$15,500

Last 30 days

6%

Last year

21%

4 bedroom

Average rent

$18,000

Last 30 days

No Change

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$13,750
increased by605%

higher than the national median

Median rent price$8,450
increased by333%

higher than the national median

Takeaway

The median rent for all rentals in Balboa Peninsula Point, Newport Beach, CA is 63% higher than the median rent in Balboa Island, Newport Beach, CA.

Discover rentals in Balboa Peninsula Point, Newport Beach, CA

1530 Miramar Dr - Photo 1 of 1

4h ago

Balboa Peninsula Point apartment for rent in Newport Beach

1530 Miramar Dr, Newport Beach, CA 92661

1 bed

1 bath

$2,850

Apartment for rent

915 East Balboa Blvd. - Photo 1 of 1

2d 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

310 Fernando Street Street #105 - Photo 1 of 1
3D tour

5d+ ago

Balboa Peninsula Point condo for rent in Newport Beach

Condominium - Newport Beach, CA

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

2 beds

2 baths

$5,000

Condo for rent

206 Adams St - Photo 1 of 1
3D tour

3d ago

Balboa Peninsula Point condo for rent in Newport Beach

Condo for rent

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 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 $13,750 per month as of May 30, 2026.

Is rent up or down in Balboa Peninsula Point?

Average rent prices in Balboa Peninsula Point have remained the same over the last month and have decreased by 10% since last year.

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

Rent in Balboa Peninsula Point is 605% above the national average, which means renters are paying approximately $11,800 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 $550,000/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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