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Apartments under $1,700 for Rent in Lake Balboa, CA

116 Rentals
.
  35. 1 BED
    $1,525

    Sun Terrace

    8437 Cedros Ave, Panorama City, CA 91402
Showing 42 of 72 results, Page 1 of 2

Lake Balboa at a Glance

Average Rent

$1,915
(All bedrooms and property types)
Learn more about
Average Rent in Lake Balboa
0

School Rating

out of 10 Rating
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Schools in Lake Balboa
46

Some Transit

out of 100 TransitScore® Rating
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Transportation in Lake Balboa
61

Somewhat Bikeable

out of 100 BikeScore® Rating
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Transportation in Lake Balboa

Lake Balboa, CA Apartments for Rent

Nestled in the San Fernando Valley, Lake Balboa features a 27-acre lake surrounded by Japanese cherry blossom trees. The neighborhood centers around Anthony C. Beilenson Park, which spans 80 acres and offers paths for jogging, cycling, and peaceful spots for picnicking. Established as its own community in 2007 after separating from Van Nuys, this 3.13-square-mile area combines city convenience with park-filled surroundings.

Apartments for rent in Lake Balboa offer access to major transportation routes, including the 405 and 101 freeways. The rental market includes various options, with one-bedroom apartments averaging $1,926 monthly. Residents enjoy proximity to The Japanese Garden, Woodley Park's athletic facilities, and the G Line Bikeway for alternative transportation. The area provides access to shopping in neighboring Van Nuys and Reseda, while the Lake Balboa Neighborhood Council helps maintain community connections through local events and programs.

Renting in Lake Balboa

Average Rental Rates and Apartment Sizes

Getting Around Lake Balboa

Transportation

66

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
61

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
46

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

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Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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