Balboa Island

Newport Beach, CA

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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 April 2026, the average apartment rent in Balboa Island is $1,909 for one bedroom. Apartment rent in Balboa Island has increased by 0.8% in the past year.

  • 1 BR

  • 500 sq ft

    Average Sq Ft

  • $1,909/month

    Average Rent

Getting Around

Fairly Walkable

Walkability

50 / 100

Minimal Public Transit

Transit

10 / 100

Exceptionally Drivable

Drivability

90 / 100

Moderately Bikeable

Bikeability

60 / 100

Daily Essentials

Supermarket Within a 15 Minute Walk

Groceries

60 / 100

Good Restaurant Variety Nearby

Restaurants

60 / 100

Good Café Variety Nearby

Cafes

60 / 100

Good Variety of Shops Nearby

Shopping

70 / 100

Recreation

Large Amount of Park Space Nearby

Parks

70 / 100

Limited Wellness Amenity Variety Nearby

Wellness

30 / 100

Local Vibe

Mostly Calm Atmosphere

Vibrancy

20 / 100

Fair Nightlife Variety Nearby

Nightlife

40 / 100

Moderately Noisy

Quiet Score

50 / 100

Points of Interest

Parks and Recreation

  • ExplorOcean
  • Sherman Library and Gardens
  • Castaways Park
  • Environmental Nature Center
  • Corona Del Mar State Beach

Airports

  • John Wayne/Orange County
  • Long Beach (Daugherty Field)

Top Apartments in Balboa Island

Houses for Rent in Balboa Island

Property Management Companies

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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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.