308 Coral Ave
308 Coral Ave,
Newport Beach, CA 92662
$12,000 Total Monthly Price
3 Beds
Balboa Island
Newport Beach, CA
Balboa Island - Newport Beach, CA Area Guide
Experience true California living on when you step onto Newport Beach's Balboa Island community. Situated 45 miles from downtown Los Angeles, Balboa Island gives residents and visitors a taste of island life with convenient access to the amenities of the big city. Gorgeous houses for rent line the beach areas and inner neighborhood for those who prefer to elevate their stays beyond sunny, long weekends. A wide selection of splendid restaurants line Marine Avenue on Balboa Island and overlook the Grand Canal. Sit by the fireplace and enjoy an evening meal at the Village Inn, or have some Italian cuisine in a laid-back atmosphere at Trattoria. Adventurous types and leisure lovers thrive equally on Balboa Island, as fishing, water sports, shopping, and beach life dominate the to-do lists of both visitors and residents.
Rent Trends
As of March 2026, the average apartment rent in Balboa Island is $1,907 for one bedroom. Apartment rent in Balboa Island has increased by 0.7% in the past year.
-
1 BR
-
500 sq ft
Average Sq Ft
-
$1,907/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Balboa Island - Newport Beach, CA is for everyday living.
Very Walkable
78
/ 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
36
/ 100
You'll likely want a car when living in this area since it has few transit options.
Bikeable
68
/ 100
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- ExplorOcean
- Sherman Library and Gardens
- Castaways Park
- Environmental Nature Center
- Corona Del Mar State Beach
Commuter Rail
Airports
- John Wayne/Orange County
- Long Beach (Daugherty Field)
Top Apartments in Balboa Island
Houses for Rent in Balboa Island
Property Management Companies
Greystar
-
3,490
Communities
-
959,772
Units
-
895
Cities
Willow Bridge
-
715
Communities
-
198,674
Units
-
340
Cities
RPM
-
625
Communities
-
174,401
Units
-
249
Cities
AMC
-
625
Communities
-
125,220
Units
-
245
Cities
Avenue5 Residential
-
557
Communities
-
125,188
Units
-
221
Cities
Cushman & Wakefield
-
457
Communities
-
108,184
Units
-
229
Cities
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
- Homes for rent in Balboa
- Homes for rent in Newport Beach
- Homes for rent in Corona Del Mar
- Homes for rent in Costa Mesa
- Homes for rent in Newport Coast
- Homes for rent in Fountain Valley
- Homes for rent in Laguna Beach
- Homes for rent in Irvine
- Homes for rent in Huntington Beach
- Homes for rent in Santa Ana
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.