Average Rent in Lake Forest, CA

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Current Versus Historical Lake Forest, CA Rents

Lake Forest rentals average $0 for a 2-bedroom rental to $7,000 for a 4-bedroom rental. The median price of all currently available listings is $5,598, or roughly $3 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $2,300 to $2,300. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,350 to $1,350. 2-bedroom rentals prices have increased by $238 (8.15%) year-over-year from $2,913 to $3,150. 3-bedroom rentals prices have decreased by $357 (-7.50%) year-over-year from $4,757 to $4,400. 4-bedroom rentals prices have decreased by $32 (-0.61%) year-over-year from $5,232 to $5,200. 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 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 15.95% this month. 3-bedroom rents have gone down by 9.90% this month. 4-bedroom rents have gone down by 6.59% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
3 BR	$3.35	$4,400	$4,757 (-7.50%)	$3,333 (32.00%)
4+ BR	$2.62	$5,200	$5,232 (-0.61%)	$3,700 (40.54%)

Historical Rents in Lake Forest, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lake Forest

There are a total of 6 cities nearby Lake Forest. The average rent in Lake Forest is currently $4,665 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Laguna Woods, CA, with an average rent of $3,000, is the most affordable city nearby. In contrast, the most expensive city near Lake Forest, CA is Laguna Beach, CA. Monthly rents here are on average $8,500 per month.

Let's compare Lake Forest, CA's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Lake Forest, CA are about inf% more affordable. Finally, rent for three bedrooms are about 11.61% more expensive. Want more information? Check out the top 6 cities near Lake Forest, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Laguna Woods, CA	N/A	$2,400	$3,000	$3,000
Mission Viejo, CA	N/A	$2,447	$3,300	$4,225
Lake Forest, CA	N/A	$2,300	$3,111	$4,350
Irvine, CA	$2,742	$2,734	$3,738	$4,980
Laguna Niguel, CA	N/A	$3,200	$3,725	$5,500
Laguna Beach, CA	$2,800	$4,091	$6,998	$8,500

Top Neighborhoods Near Lake Forest

There are a total of 2 neighborhoods in or near Lake Forest. We've included all of these top 2 neighborhoods in or near Lake Forest, CA in the following chart.

The average rent for these 2 neighborhoods in or near Lake Forest, CA is currently around $6,740 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Lake Forest's average rent, which is only $5,598. Out of all the neighborhoods in or near Lake Forest, Orange County Great Park has the most affordable average rent at $5,500 per month. Whereas, at $7,980 average rent per month, The Village is the most expensive neighborhood in or near Lake Forest. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Orange County Great Park, Irvine, CA	N/A	$1,400	$4,300	$5,500
The Village, Laguna Beach, CA	N/A	$7,800	$7,248	$7,980

Top Counties Near Lake Forest

There are a total of 2 counties located by Lake Forest, CA. The average rent for rentals in these counties is $5,000. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Orange, CA. It's average rent per month is $5,000. Vice versa, with an average rent of $5,000, Orange, CA is the most expensive county by Lake Forest, CA.

Typically, rent for studios in Lake Forest, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lake Forest, CA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Forest, CA is inf% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Orange, CA	$2,400	$2,725	$3,700	$5,000

Top Zipcodes Near Lake Forest

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Lake Forest Average Rents

What is the average rent price in Lake Forest, CA?

The average monthly rental price for Lake Forest, CA apartments for rent is approximately $5,598. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Lake Forest, 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 Forest, CA.

How much is a studio apartment in Lake Forest, CA?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Lake Forest.

How much is a one bedroom apartment in Lake Forest, CA?

The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Lake Forest.

How much is a two bedroom apartment in Lake Forest, CA?

The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in Lake Forest.

How have rent prices in Lake Forest, CA changed this year?

Rent prices for rentals in Lake Forest, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by -0.07% year-over-year.

What is a reasonable rent price in Lake Forest, CA?

A reasonable rent price in Lake Forest, CA is around $4,478/month. You can search for these reasonably priced rental listings on RentHop.