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 $3,250, 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	$45.33	$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 $4,160 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 $2,325, 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 8.11% more expensive than other cities nearby. One bedrooms are about 37.99% more affordable. Two bedrooms in Lake Balboa, Los Angeles, CA are about 18.31% more affordable. Finally, rent for three bedrooms are about 23.75% 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	$2,450	$3,250	$3,450
Santa Clarita, CA	N/A	$2,470	$2,870	$3,635
Los Angeles, CA	$1,700	$2,300	$3,400	$3,700
Simi Valley, CA	$2,225	$2,300	$2,600	$4,000
West Hollywood, CA	$2,150	$3,295	$5,995	$4,500
Culver City, CA	N/A	$2,498	$3,850	$4,500
Santa Monica, CA	$2,350	$2,985	$5,400	$4,750
Calabasas, CA	$1,700	$3,675	$4,000	$7,950
Beverly Hills, CA	$1,950	$3,395	$4,850	$10,500

Top Neighborhoods Near Lake Balboa

There are a total of 67 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 67 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 $3,795 per month. A total of 21 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $3,795. Interestingly, the neighborhoods' average rent is higher than Lake Balboa's average rent, which is only $3,250. Out of all the neighborhoods in or near Lake Balboa, Westlake has the most affordable average rent at $1,266 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	$1,623	$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
Central Hollywood, Los Angeles, CA	$1,445	$2,150	$3,600	$3,200
Reseda, Los Angeles, CA	$1,700	$1,895	$2,950	$3,225
Valley Village, Los Angeles, CA	$1,733	$2,148	$2,895	$3,495
Greater Valley Glen, Los Angeles, CA	$1,523	$1,998	$2,750	$3,500
Northridge, Los Angeles, CA	$1,900	$1,995	$3,000	$3,600
Winnetka, Los Angeles, CA	$1,583	$1,895	$2,700	$3,675
Granada Hills, Los Angeles, CA	$1,775	$2,000	$2,950	$3,700
West Los Angeles, Los Angeles, CA	$1,874	$2,475	$3,750	$3,795
South Robertson, Los Angeles, CA	$2,200	$2,395	$3,425	$3,795
West Hills, Los Angeles, CA	$1,895	$2,200	$2,900	$4,000
Sherman Oaks, Los Angeles, CA	$1,798	$2,148	$2,899	$4,325
Wilshire-Montana, Santa Monica, CA	$2,200	$2,950	$5,000	$4,425
Tarzana, Los Angeles, CA	$1,950	$1,937	$2,700	$4,500
Woodland Hills-Warner Center, Los Angeles, CA	$2,227	$2,341	$3,317	$4,750
Mid-City West, Los Angeles, CA	$1,750	$2,995	$4,425	$4,850
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	$3,000	$4,973	$5,000
Hollywood Hills West, Los Angeles, CA	$1,795	$2,293	$3,995	$5,250
Westside, Los Angeles, CA	$2,300	$2,795	$4,250	$5,250
Encino, Los Angeles, CA	$2,000	$2,450	$2,885	$5,950
Porter Ranch, Los Angeles, CA	N/A	$3,700	$3,748	$6,100
Brentwood, Los Angeles, CA	$1,682	$2,995	$4,925	$6,125
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	$5,749	$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 38.89% 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 12 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 $2,041 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 $48 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, $40 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	$1,800	$2,895	$3,400
91411, Los Angeles, CA	$1,598	$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	$4,600
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	$2,850	$4,098
91343, Los Angeles, CA	$1,748	$1,850	$2,619	$3,575
91423, Los Angeles, CA	$1,937	$2,200	$2,980	$4,948
91306, Los Angeles, CA	$1,583	$1,895	$2,700	$3,675

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 $3,250. 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 $1,800 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 $2,895 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 $2,600/month. You can search for these reasonably priced rental listings on RentHop.