Average Rent in Mission Viejo, CA

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Current Versus Historical Mission Viejo, CA Rents

Mission Viejo rentals average $2,447 for a 1-bedroom rental to $5,300 for a 4-bedroom rental. The median price of all currently available listings is $4,225, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $29 (1.31%) year-over-year from $2,207 to $2,236. 1-bedroom rentals prices have increased by $980 (40.05%) year-over-year from $2,447 to $3,428. 2-bedroom rentals prices have increased by $349 (11.07%) year-over-year from $3,151 to $3,500. 3-bedroom rentals prices have decreased by $275 (-6.29%) year-over-year from $4,375 to $4,100. 4-bedroom rentals prices have decreased by $333 (-5.92%) year-over-year from $5,633 to $5,300. 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 up by 14.21% this month. 2-bedroom rents have gone up by 2.46% this month. 3-bedroom rents have gone up by 1.28% this month. 4-bedroom rents have gone up by 1.45% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.54 $3,428 $2,447 (40.05%) $2,603 (31.67%)
2 BR $2.81 $3,500 $3,151 (11.07%) $3,036 (15.30%)
3 BR $2.81 $4,100 $4,375 (-6.29%) $3,133 (30.85%)
4+ BR $2.27 $5,300 $5,633 (-5.92%) $4,207 (25.99%)

Historical Rents in Mission Viejo, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Mission Viejo

There are a total of 6 cities nearby Mission Viejo. The average rent in Mission Viejo is currently $5,200 per month. Only one city nearby has 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 Mission Viejo, CA is Laguna Beach, CA. Monthly rents here are on average $8,500 per month.

Let's compare Mission Viejo, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 17.64% more affordable. Two bedrooms in Mission Viejo, CA are about 15.15% more affordable. Finally, rent for three bedrooms are about 32.50% more affordable. Want more information? Check out the top 6 cities near Mission Viejo, CA in the following chart.
City Studio 1 Bed 2 Bed All
Laguna Woods, CA N/A $2,400 $3,000 $3,000
Lake Forest, CA N/A $2,300 $3,111 $4,350
San Clemente, CA N/A $2,763 $3,875 $4,900
Laguna Niguel, CA N/A $3,200 $3,725 $5,500
Dana Point, CA N/A $2,995 $4,500 $5,948
Laguna Beach, CA $2,800 $4,091 $6,998 $8,500

Top Neighborhoods Near Mission Viejo

There are a total of 1 neighborhoods in or near Mission Viejo. We've included all of these top 1 neighborhoods in or near Mission Viejo, CA in the following chart.

The average rent for these 1 neighborhoods in or near Mission Viejo, CA is currently around $5,500 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Mission Viejo's average rent, which is only $4,225. Out of all the neighborhoods in or near Mission Viejo, Orange County Great Park has the most affordable average rent at $5,500 per month. Whereas, at $5,500 average rent per month, Orange County Great Park is the most expensive neighborhood in or near Mission Viejo. 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

Top Counties Near Mission Viejo

There are a total of 1 counties located by Mission Viejo, CA. The average rent for rentals in these counties is $5,000. That's roughly around $3 per sqft. 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 Mission Viejo, CA.

Typically, rent for studios in Mission Viejo, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Mission Viejo, CA is 11.36% more affordable than other counties nearby. Finally, rent for two bedrooms in Mission Viejo, CA is 12.12% more affordable than other counties nearby. We've listed all of these 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 Mission Viejo



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Mission Viejo Average Rents

What is the average rent price in Mission Viejo, CA?
The average monthly rental price for Mission Viejo, CA apartments for rent is approximately $4,225. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Mission Viejo, 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 Mission Viejo, CA.
How much is a studio apartment in Mission Viejo, 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 Mission Viejo.
How much is a one bedroom apartment in Mission Viejo, CA?
The average monthly rental price for one bedroom apartments is $2,447 and an average price per square feet of $3.54. There are a total of 3 one bedroom apartment listings currently available for rent in Mission Viejo.
How much is a two bedroom apartment in Mission Viejo, CA?
The average monthly rental price for two bedroom apartments is $3,300 and an average price per square feet of $2.81. There are a total of 20 two bedroom apartment listings currently available for rent in Mission Viejo.
How have rent prices in Mission Viejo, CA changed this year?
Rent prices for rentals in Mission Viejo, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.40%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in Mission Viejo, CA?
A reasonable rent price in Mission Viejo, CA is around $3,380/month. You can search for these reasonably priced rental listings on RentHop.
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