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 $1,525 for a studio rental to $4,880 for a 4-bedroom rental. The median price of all currently available listings is $3,449, or roughly $36 per square feet.

For the apartment units and housing in September 2026, median rents have risen over the last year. Studio rentals prices have decreased by $126 (-7.38%) year-over-year from $1,700 to $1,575. 1-bedroom rentals prices have increased by $161 (8.74%) year-over-year from $1,839 to $2,000. 2-bedroom rentals prices have increased by $268 (10.42%) year-over-year from $2,573 to $2,841. 3-bedroom rentals prices have decreased by $98 (-2.40%) year-over-year from $4,098 to $4,000. 4-bedroom rentals prices have decreased by $78 (-1.58%) year-over-year from $4,958 to $4,880. 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 down by 3.10% this month. 1-bedroom rents have gone up by 2.14% this month. 2-bedroom rents have gone down by 2.77% this month. 3-bedroom rents have gone down by 1.36% this month. 4-bedroom rents have gone up by 5.10% this month.

Beds	Price / Sqft	Sep 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$55.50	$1,575	$1,700 (-7.38%)	$2,138 (-26.34%)
1 BR	$45.33	$2,000	$1,839 (8.74%)	$1,856 (7.77%)
2 BR	$34.99	$2,841	$2,573 (10.42%)	$2,432 (16.81%)
3 BR	$34.96	$4,000	$4,098 (-2.40%)	$3,473 (15.19%)
4+ BR	$29.96	$4,880	$4,958 (-1.58%)	$4,091 (19.28%)

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 $4,000 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,100, 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 $25,000 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 14.75% more affordable than other cities nearby. One bedrooms are about 21.85% more affordable. Two bedrooms in Lake Balboa, Los Angeles, CA are about 12.44% more affordable. Finally, rent for three bedrooms are about 15.29% 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	$1,750	$2,100	$3,000	$2,998
Burbank, CA	$2,450	$2,225	$3,200	$3,400
Santa Clarita, CA	N/A	$2,500	$2,925	$3,543
Los Angeles, CA	$1,750	$2,300	$3,395	$3,745
Culver City, CA	$2,588	$2,438	$3,500	$3,950
Simi Valley, CA	$2,200	$2,050	$2,900	$4,100
West Hollywood, CA	$2,195	$3,100	$6,240	$4,472
Santa Monica, CA	$2,423	$2,998	$5,000	$4,500
Calabasas, CA	$2,400	$2,825	$3,800	$7,000
Beverly Hills, CA	$2,050	$3,550	$4,750	$8,900

Top Neighborhoods Near Lake Balboa

There are a total of 70 neighborhoods in or near Lake Balboa. Some of these neighborhoods include Van Nuys, Central Hollywood, and Reseda. We've included the top 30 neighborhoods out of 70 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 $3,848 per month. A total of 23 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,848. Interestingly, the neighborhoods' average rent is higher than Lake Balboa's average rent, which is only $3,449. Out of all the neighborhoods in or near Lake Balboa, Westlake has the most affordable average rent at $1,235 per month. Whereas, at $18,500 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	$1,500	$2,000	$2,575	$2,795
Central Hollywood, Los Angeles, CA	$1,545	$1,995	$3,097	$2,825
Reseda, Los Angeles, CA	$1,800	$2,000	$2,825	$2,998
Mid-Town North Hollywood, Los Angeles, CA	$1,648	$2,000	$2,900	$3,318
Sun Valley, Los Angeles, CA	$1,580	$1,895	$2,700	$3,495
Sylmar, Los Angeles, CA	N/A	$1,800	$2,550	$3,500
Valley Village, Los Angeles, CA	$1,875	$2,095	$2,750	$3,525
Granada Hills, Los Angeles, CA	$1,925	$2,025	$2,900	$3,550
West Los Angeles, Los Angeles, CA	$1,925	$2,395	$3,745	$3,673
Winnetka, Los Angeles, CA	$1,700	$2,050	$2,675	$3,750
Northridge, Los Angeles, CA	$1,598	$1,995	$2,931	$3,800
Greater Valley Glen, Los Angeles, CA	$1,700	$1,997	$2,795	$3,950
Wilshire-Montana, Santa Monica, CA	$1,748	$2,998	$4,950	$4,200
West Hills, Los Angeles, CA	$1,695	$2,100	$2,800	$4,250
Mid-City West, Los Angeles, CA	$2,123	$2,995	$4,199	$4,300
Tarzana, Los Angeles, CA	$1,725	$1,800	$2,798	$4,325
Hollywood United, Los Angeles, CA	$1,750	$2,625	$4,250	$4,500
Mid-City, Santa Monica, CA	$16,422	$2,895	$4,495	$4,500
Woodland Hills-Warner Center, Los Angeles, CA	$2,441	$2,436	$3,212	$4,600
Sherman Oaks, Los Angeles, CA	$1,850	$2,103	$2,900	$4,648
Hollywood Hills West, Los Angeles, CA	$1,811	$2,397	$3,925	$5,000
Westwood, Los Angeles, CA	$2,200	$3,425	$5,100	$5,048
Westside, Los Angeles, CA	$1,997	$2,750	$4,500	$5,395
Encino, Los Angeles, CA	$1,943	$1,900	$3,198	$5,948
Porter Ranch, Los Angeles, CA	N/A	$3,000	$3,873	$6,000
Studio City, Los Angeles, CA	$1,549	$2,950	$3,450	$7,375
Brentwood, Los Angeles, CA	$2,150	$2,724	$5,195	$9,000
North of Montana, Santa Monica, CA	$4,423	$4,200	$9,500	$9,900
Pacific Palisades, Los Angeles, CA	$1,800	$3,542	$6,525	$15,700
Bel Air-Beverly Crest, Los Angeles, CA	$2,500	$4,600	$7,000	$18,500

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 $4,075. That's roughly around $38 per sqft. The county that is the most affordable is Los Angeles, CA. Its average rent per month is $3,650. 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 43.93% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lake Balboa, Los Angeles, CA is 15.00% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Balboa, Los Angeles, CA is 9.10% 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	$2,289	$3,202	$3,650
Ventura, CA	$2,195	$2,300	$2,950	$4,075
Orange, CA	$2,600	$2,550	$3,500	$4,800

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 $4,000. A total of 18 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90005, Los Angeles, CA at $2,049 per month. In comparison, the zipcode with the most expensive average rent of $22,975 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,750. 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 $2,224 per month. Or in other words, $43 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,200 per month. Which comes out to $37 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	$1,350	$2,048	$2,775	$3,275
91411, Los Angeles, CA	$1,463	$1,795	$2,625	$2,775
91405, Los Angeles, CA	$1,600	$2,050	$2,795	$2,948
91316, Los Angeles, CA	$1,943	$1,850	$3,198	$4,500
91335, Los Angeles, CA	$1,850	$2,050	$2,800	$3,150
91401, Los Angeles, CA	$1,700	$1,998	$2,395	$3,750
91403, Los Angeles, CA	$1,795	$1,922	$3,000	$4,200
91343, Los Angeles, CA	$1,800	$2,100	$2,642	$3,500
91423, Los Angeles, CA	$1,912	$2,150	$3,195	$4,975
91306, Los Angeles, CA	$1,750	$2,050	$2,675	$3,750

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 $3,449. 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 $1,525 and an average price per square feet of $55.50. There are a total of 4 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 $2,000 and an average price per square feet of $45.33. There are a total of 15 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 $2,935 and an average price per square feet of $34.99. There are a total of 16 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 -0.07%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.10%, 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 $2,759/month. You can search for these reasonably priced rental listings on RentHop.