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 $1,690 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $3,400, or roughly $35 per square feet.

For the apartment units and housing in June 2026, median rents have risen over the last year. Studio rentals prices have increased by $436 (30.80%) year-over-year from $1,414 to $1,850. 1-bedroom rentals prices have increased by $158 (8.24%) year-over-year from $1,917 to $2,075. 2-bedroom rentals prices have increased by $19 (0.67%) year-over-year from $2,903 to $2,923. 3-bedroom rentals prices have increased by $74 (1.97%) year-over-year from $3,773 to $3,848. 4-bedroom rentals prices have decreased by $554 (-11.20%) year-over-year from $4,949 to $4,395. 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 16.29% this month. 1-bedroom rents have gone up by 6.14% this month. 2-bedroom rents have gone up by 0.37% this month. 3-bedroom rents have gone down by 2.51% this month. 4-bedroom rents have gone down by 3.35% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$57.75	$1,850	$1,414 (30.80%)	$1,932 (-4.23%)
1 BR	$43.57	$2,075	$1,917 (8.24%)	$1,858 (11.66%)
2 BR	$35.80	$2,923	$2,903 (0.67%)	$2,380 (22.79%)
3 BR	$35.48	$3,848	$3,773 (1.97%)	$3,724 (3.31%)
4+ BR	$27.16	$4,395	$4,949 (-11.20%)	$4,774 (-7.93%)

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 39 cities nearby Lake Balboa. The average rent in Lake Balboa is currently $3,995 per month. A total of 14 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,200, 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 $23,875 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 21.15% more affordable than other cities nearby. One bedrooms are about 19.30% more affordable. Two bedrooms in Lake Balboa, Los Angeles, CA are about 13.77% more affordable. Finally, rent for three bedrooms are about 17.65% more affordable. Want more information? Check out the top 10 cities out of 39 total cities near Lake Balboa, Los Angeles, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Glendale, CA	$1,650	$2,200	$3,000	$2,800
Santa Clarita, CA	N/A	$2,535	$2,910	$3,200
Burbank, CA	$2,665	$2,300	$3,200	$3,250
Los Angeles, CA	$1,720	$2,350	$3,381	$3,666
Culver City, CA	$2,575	$2,500	$3,400	$3,995
Simi Valley, CA	N/A	$2,300	$2,725	$4,295
West Hollywood, CA	$2,047	$3,400	$5,798	$4,472
Santa Monica, CA	$2,250	$2,895	$4,800	$4,500
Calabasas, CA	N/A	$3,299	$3,400	$7,250
Beverly Hills, CA	$2,048	$3,500	$4,900	$7,875

Top Neighborhoods Near Lake Balboa

There are a total of 66 neighborhoods in or near Lake Balboa. Some of these neighborhoods include Canoga Park, Van Nuys, and Mid-Town North Hollywood. We've included the top 30 neighborhoods out of 66 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 $3,900 per month. A total of 21 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $3,900. Interestingly, the neighborhoods' average rent is higher than Lake Balboa's average rent, which is only $3,400. Out of all the neighborhoods in or near Lake Balboa, MacArthur Park has the most affordable average rent at $1,775 per month. Whereas, at $19,995 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
Canoga Park, Los Angeles, CA	$1,528	$2,000	$2,700	$2,675
Van Nuys, Los Angeles, CA	$1,598	$1,795	$2,700	$2,998
Mid-Town North Hollywood, Los Angeles, CA	$1,697	$1,950	$2,850	$3,000
Valley Village, Los Angeles, CA	$1,705	$1,945	$3,000	$3,200
Winnetka, Los Angeles, CA	$1,800	$2,000	$2,975	$3,498
Granada Hills, Los Angeles, CA	$1,913	$2,100	$2,900	$3,500
Reseda, Los Angeles, CA	$1,750	$2,100	$3,200	$3,500
Northridge, Los Angeles, CA	$1,825	$2,223	$2,800	$3,773
West Los Angeles, Los Angeles, CA	$1,598	$2,348	$3,668	$3,795
Greater Valley Glen, Los Angeles, CA	$1,353	$2,188	$3,000	$3,850
Central Hollywood, Los Angeles, CA	$1,578	$1,895	$4,098	$3,998
South Robertson, Los Angeles, CA	$1,900	$2,295	$3,398	$3,999
Greater Toluca Lake, Los Angeles, CA	N/A	$1,898	$2,995	$4,123
West Hills, Los Angeles, CA	$1,998	$2,098	$3,195	$4,275
Wilshire-Montana, Santa Monica, CA	$2,195	$2,847	$4,500	$4,335
Mid-City, Santa Monica, CA	$2,038	$2,948	$4,400	$4,450
Hollywood Hills West, Los Angeles, CA	$1,695	$2,393	$3,998	$4,500
Mid-City West, Los Angeles, CA	$1,793	$2,795	$4,498	$4,500
Hollywood United, Los Angeles, CA	$1,900	$2,500	$3,995	$4,650
Westwood, Los Angeles, CA	$2,200	$3,150	$4,500	$4,700
Sherman Oaks, Los Angeles, CA	$1,850	$2,000	$3,000	$4,948
Woodland Hills-Warner Center, Los Angeles, CA	$1,950	$2,446	$3,300	$4,950
Tarzana, Los Angeles, CA	$1,850	$1,995	$2,695	$4,993
Encino, Los Angeles, CA	$1,975	$1,923	$2,889	$5,000
Westside, Los Angeles, CA	$2,000	$3,295	$4,397	$5,250
Studio City, Los Angeles, CA	$1,950	$2,393	$3,525	$6,325
Brentwood, Los Angeles, CA	$2,995	$3,002	$5,250	$6,795
North of Montana, Santa Monica, CA	$3,523	$3,750	$8,995	$10,200
Pacific Palisades, Los Angeles, CA	$2,200	$3,598	$4,975	$16,850
Bel Air-Beverly Crest, Los Angeles, CA	$1,735	$2,950	$8,500	$19,995

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 $4,200. That's roughly around $39 per sqft. The county that is the most affordable is Los Angeles, CA. Its average rent per month is $3,595. Vice versa, with an average rent of $4,800, Orange, CA is the most expensive county by Lake Balboa, Los Angeles, CA.

Typically, rent for studios in Lake Balboa, Los Angeles, CA is 15.38% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lake Balboa, Los Angeles, CA is 25.16% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Balboa, Los Angeles, CA is 9.53% 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	$1,750	$2,295	$3,201	$3,595
Ventura, CA	$1,950	$2,500	$3,100	$4,200
Orange, CA	$2,404	$2,527	$3,551	$4,800

Top Zipcodes Near Lake Balboa

There are a total of 48 zipcodes in or near Lake Balboa, Los Angeles, CA. The average rent for all of these zipcodes is $3,885. A total of 17 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 $2,160 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 $1,811. That's at least $47 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 $2,273 per month. Or in other words, $43 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,250 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	$1,580	$2,075	$2,800	$3,400
91411, Los Angeles, CA	$1,847	$2,000	$2,799	$2,995
91405, Los Angeles, CA	$1,695	$1,775	$2,800	$3,250
91316, Los Angeles, CA	$1,975	$1,973	$2,889	$3,950
91335, Los Angeles, CA	$1,825	$2,100	$3,100	$3,500
91401, Los Angeles, CA	$1,448	$2,225	$2,400	$3,800
91403, Los Angeles, CA	$1,823	$1,987	$2,950	$4,250
91343, Los Angeles, CA	$1,825	$1,861	$2,596	$3,000
91423, Los Angeles, CA	$1,939	$2,072	$3,200	$6,423
91306, Los Angeles, CA	$1,848	$2,000	$2,975	$3,495

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 $3,400. 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 $1,690 and an average price per square feet of $57.75. There are a total of 10 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 $1,998 and an average price per square feet of $43.57. There are a total of 16 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 $2,923 and an average price per square feet of $35.80. There are a total of 18 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 0.31%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.01%, three bedroom rental prices have changed by 0.02% 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 $2,720/month. You can search for these reasonably priced rental listings on RentHop.