Average Rent in Lake Balboa, Los Angeles, CA

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Current Versus Historical Lake Balboa, Los Angeles, CA Rents

Lake Balboa rentals average $1,850 for a studio rental to $4,250 for a 4-bedroom rental. The median price of all currently available listings is $3,325, or roughly $35 per square feet.

For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $393 (26.96%) year-over-year from $1,457 to $1,850. 1-bedroom rentals prices have decreased by $9 (-0.46%) year-over-year from $1,884 to $1,875. 2-bedroom rentals prices have decreased by $102 (-3.56%) year-over-year from $2,852 to $2,750. 3-bedroom rentals prices have increased by $228 (6.05%) year-over-year from $3,772 to $4,000. 4-bedroom rentals prices have decreased by $617 (-12.81%) year-over-year from $4,816 to $4,199. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 20.73% this month. 1-bedroom rents have gone down by 5.78% this month. 2-bedroom rents have gone down by 4.62% this month. 3-bedroom rents have gone up by 0.86% this month. 4-bedroom rents have gone down by 4.20% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$52.24	$1,850	$1,457 (26.96%)	$2,178 (-15.04%)
1 BR	$45.45	$1,875	$1,884 (-0.46%)	$1,852 (1.26%)
2 BR	$35.24	$2,750	$2,852 (-3.56%)	$2,271 (21.10%)
3 BR	$34.53	$4,000	$3,772 (6.05%)	$3,641 (9.86%)
4+ BR	$26.86	$4,199	$4,816 (-12.81%)	$4,725 (-11.12%)

Historical Rents in Lake Balboa, Los Angeles, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lake Balboa

There are a total of 38 cities nearby Lake Balboa. The average rent in Lake Balboa is currently $4,195 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,295, is the most affordable city nearby. In contrast, the most expensive city near Lake Balboa, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $22,500 per month.

Let's compare Lake Balboa, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Lake Balboa, Los Angeles, CA is 7.70% more expensive than other cities nearby. One bedrooms are about 32.53% more affordable. Two bedrooms in Lake Balboa, Los Angeles, CA are about 17.44% more affordable. Finally, rent for three bedrooms are about 24.03% more affordable. Want more information? Check out the top 10 cities out of 38 total cities near Lake Balboa, Los Angeles, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Glendale, CA	$1,695	$2,150	$3,000	$2,895
Burbank, CA	$1,800	$2,400	$3,225	$3,423
Santa Clarita, CA	N/A	$2,470	$2,910	$3,655
Los Angeles, CA	$1,700	$2,299	$3,400	$3,695
Simi Valley, CA	$2,225	$2,300	$2,600	$4,000
West Hollywood, CA	$2,125	$3,273	$5,995	$4,498
Culver City, CA	N/A	$2,500	$3,850	$4,600
Santa Monica, CA	$2,324	$2,995	$5,400	$4,750
Calabasas, CA	$1,700	$3,675	$4,000	$7,950
Beverly Hills, CA	$1,950	$3,395	$4,850	$10,695

Top Neighborhoods Near Lake Balboa

There are a total of 68 neighborhoods in or near Lake Balboa. Some of these neighborhoods include Van Nuys, Hollywood Studio District, and Mid-Town North Hollywood. We've included the top 30 neighborhoods out of 68 total neighborhoods in or near Lake Balboa, Los Angeles, CA in the following table.

The average rent for these 30 neighborhoods in or near Lake Balboa, Los Angeles, CA is currently around $3,772 per month. A total of 22 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $3,772. Interestingly, the neighborhoods' average rent is higher than Lake Balboa's average rent, which is only $3,325. Out of all the neighborhoods in or near Lake Balboa, Westlake has the most affordable average rent at $1,325 per month. Whereas, at $19,498 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Lake Balboa. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Van Nuys, Los Angeles, CA	$1,645	$1,834	$2,700	$2,800
Hollywood Studio District, Los Angeles, CA	$1,475	$1,950	$3,195	$2,800
Mid-Town North Hollywood, Los Angeles, CA	$1,623	$2,100	$2,995	$3,199
Reseda, Los Angeles, CA	$1,700	$1,895	$2,950	$3,225
Central Hollywood, Los Angeles, CA	$1,400	$2,173	$3,600	$3,250
Valley Village, Los Angeles, CA	$1,733	$2,150	$2,850	$3,495
Greater Valley Glen, Los Angeles, CA	$1,523	$1,998	$2,750	$3,500
Winnetka, Los Angeles, CA	$1,583	$1,895	$2,700	$3,650
Northridge, Los Angeles, CA	$1,900	$1,995	$3,000	$3,674
Granada Hills, Los Angeles, CA	$1,775	$2,000	$2,950	$3,700
South Robertson, Los Angeles, CA	$2,200	$2,395	$3,400	$3,791
West Los Angeles, Los Angeles, CA	$1,874	$2,450	$3,750	$3,795
West Hills, Los Angeles, CA	$1,895	$2,200	$2,900	$4,000
Sherman Oaks, Los Angeles, CA	$1,800	$2,173	$2,897	$4,275
Wilshire-Montana, Santa Monica, CA	$2,225	$2,950	$5,000	$4,398
Tarzana, Los Angeles, CA	$1,950	$1,937	$2,700	$4,500
Woodland Hills-Warner Center, Los Angeles, CA	$2,227	$2,325	$3,317	$4,725
Mid-City West, Los Angeles, CA	$1,750	$2,948	$4,450	$4,825
Hollywood United, Los Angeles, CA	$5,400	$2,948	$4,050	$4,960
Mid-City, Santa Monica, CA	$2,400	$2,948	$5,150	$4,995
Westwood, Los Angeles, CA	$2,150	$3,098	$4,973	$5,048
Hollywood Hills West, Los Angeles, CA	$1,795	$2,290	$3,995	$5,250
Westside, Los Angeles, CA	$2,398	$2,795	$4,245	$5,273
Encino, Los Angeles, CA	$2,000	$2,400	$2,895	$5,950
Brentwood, Los Angeles, CA	$1,682	$2,995	$4,925	$6,000
Porter Ranch, Los Angeles, CA	N/A	$3,700	$3,748	$6,100
Studio City, Los Angeles, CA	$1,549	$2,995	$4,000	$6,495
North of Montana, Santa Monica, CA	$4,500	$4,125	$8,845	$11,000
Pacific Palisades, Los Angeles, CA	$1,800	$3,166	$5,497	$18,500
Bel Air-Beverly Crest, Los Angeles, CA	$2,200	$2,825	$7,000	$19,498

Top Counties Near Lake Balboa

There are a total of 3 counties located by Lake Balboa, Los Angeles, CA. Some of these counties include Los Angeles, CA, Ventura, CA, and Orange, CA. The average rent for rentals in these counties is $4,100. That's roughly around $38 per sqft. The county that is the most affordable is Los Angeles, CA. Its average rent per month is $3,600. Vice versa, with an average rent of $4,950, Orange, CA is the most expensive county by Lake Balboa, Los Angeles, CA.

Typically, rent for studios in Lake Balboa, Los Angeles, CA is 16.22% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lake Balboa, Los Angeles, CA is 33.33% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Balboa, Los Angeles, CA is 12.26% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Los Angeles, CA	$1,700	$2,250	$3,250	$3,600
Ventura, CA	$2,150	$2,500	$3,000	$4,100
Orange, CA	$2,550	$2,595	$3,600	$4,950

Top Zipcodes Near Lake Balboa

There are a total of 47 zipcodes in or near Lake Balboa, Los Angeles, CA. The average rent for all of these zipcodes is $3,750. A total of 14 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90006, Los Angeles, CA at $2,016 per month. In comparison, the zipcode with the most expensive average rent of $23,500 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,733. That's at least $49 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lake Balboa, Los Angeles, CA is $2,350 per month. Or in other words, $41 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,298 per month. Which comes out to $38 per sqft. The following table includes the top 10 zipcodes in Lake Balboa, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
91406, Los Angeles, CA	$1,775	$1,875	$2,895	$3,425
91411, Los Angeles, CA	$1,690	$1,675	$2,748	$2,800
91405, Los Angeles, CA	$1,645	$1,870	$2,800	$2,800
91316, Los Angeles, CA	$2,000	$2,450	$2,895	$4,500
91335, Los Angeles, CA	$1,900	$1,895	$2,850	$3,300
91401, Los Angeles, CA	$1,573	$1,998	$2,490	$3,500
91403, Los Angeles, CA	$1,745	$2,098	$2,873	$4,095
91343, Los Angeles, CA	$1,748	$1,850	$2,530	$3,675
91423, Los Angeles, CA	$1,914	$2,200	$2,980	$4,948
91306, Los Angeles, CA	$1,583	$1,895	$2,700	$3,650

Frequently Asked Questions - Lake Balboa Average Rents

What is the average rent price in Lake Balboa, Los Angeles, CA?

The average monthly rental price for Lake Balboa, Los Angeles, CA apartments for rent is approximately $3,325. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Lake Balboa, Los Angeles, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lake Balboa, Los Angeles, CA.

How much is a studio apartment in Lake Balboa, Los Angeles, CA?

The average monthly rental price for studio apartments is $1,850 and an average price per square feet of $52.24. There are a total of 5 studio apartment listings currently available for rent in Lake Balboa.

How much is a one bedroom apartment in Lake Balboa, Los Angeles, CA?

The average monthly rental price for one bedroom apartments is $1,875 and an average price per square feet of $45.45. There are a total of 14 one bedroom apartment listings currently available for rent in Lake Balboa.

How much is a two bedroom apartment in Lake Balboa, Los Angeles, CA?

The average monthly rental price for two bedroom apartments is $2,895 and an average price per square feet of $35.24. There are a total of 21 two bedroom apartment listings currently available for rent in Lake Balboa.

How have rent prices in Lake Balboa, Los Angeles, CA changed this year?

Rent prices for rentals in Lake Balboa, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.27%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.04%, three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in Lake Balboa, Los Angeles, CA?

A reasonable rent price in Lake Balboa, Los Angeles, CA is around $2,660/month. You can search for these reasonably priced rental listings on RentHop.