Average Rent in Newport Beach, CA

Home  »  CA  »  Newport Beach  »  Newport Beach

Current Versus Historical Newport Beach, CA Rents

Newport Beach rentals average $0 for a studio rental to $16,500 for a 4-bedroom rental. The median price of all currently available listings is $9,500, or roughly $5 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 $1,214 (67.97%) year-over-year from $1,786 to $3,000. 1-bedroom rentals prices have increased by $1,366 (63.99%) year-over-year from $2,134 to $3,500. 2-bedroom rentals prices have increased by $1,671 (51.74%) year-over-year from $3,229 to $4,900. 3-bedroom rentals prices have increased by $1,687 (26.72%) year-over-year from $6,313 to $8,000. 4-bedroom rentals prices have increased by $4,183 (35.40%) year-over-year from $11,817 to $16,000. 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 15.38% this month. 1-bedroom rents have gone up by 4.50% this month. 2-bedroom rents have gone up by 4.27% this month. 3-bedroom rents have gone up by 3.45% this month. 4-bedroom rents have gone up by 25.41% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $4.26 $3,500 $2,134 (63.99%) $2,154 (62.51%)
2 BR $4.94 $4,900 $3,229 (51.74%) $2,843 (72.36%)
3 BR $5.02 $8,000 $6,313 (26.72%) $5,815 (37.58%)
4+ BR $5.58 $16,000 $11,817 (35.40%) $9,416 (69.93%)

Historical Rents in Newport Beach, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Newport Beach

There are a total of 10 cities nearby Newport Beach. The average rent in Newport Beach is currently $4,940 per month. A total of 9 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 Newport Beach, CA is Newport Beach, CA. Monthly rents here are on average $10,500 per month.

Let's compare Newport Beach, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 16.57% more expensive. Two bedrooms in Newport Beach, CA are about 32.16% more expensive. Finally, rent for three bedrooms are about 42.18% more expensive. Want more information? Check out the top 10 cities near Newport Beach, 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
Huntington Beach, CA $2,100 $2,500 $3,500 $4,800
San Clemente, CA N/A $2,763 $3,875 $4,900
Irvine, CA $2,742 $2,734 $3,738 $4,980
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
Newport Beach, CA $2,650 $3,294 $5,600 $10,500

Top Neighborhoods Near Newport Beach

There are a total of 4 neighborhoods in or near Newport Beach. Some of these neighborhoods include Downtown Long Beach, Irvine Business Complex, and Orange County Great Park. We've included all of these top 4 neighborhoods in or near Newport Beach, CA in the following chart.

The average rent for these 4 neighborhoods in or near Newport Beach, CA is currently around $4,500 per month. A total of 4 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Newport Beach, Downtown Long Beach has the most affordable average rent at $2,919 per month. Whereas, at $7,980 average rent per month, The Village is the most expensive neighborhood in or near Newport Beach. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Long Beach, Long Beach, CA $2,417 $2,925 $3,162 $2,919
Irvine Business Complex, Irvine, CA $2,742 $2,801 $3,892 $3,500
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 Newport Beach

There are a total of 4 counties located by Newport Beach, 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 Newport Beach, CA.

Typically, rent for studios in Newport Beach, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Newport Beach, CA is 17.27% more expensive than other counties nearby. Finally, rent for two bedrooms in Newport Beach, CA is 32.73% more expensive 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 Newport Beach



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

Frequently Asked Questions - Newport Beach Average Rents

What is the average rent price in Newport Beach, CA?
The average monthly rental price for Newport Beach, CA apartments for rent is approximately $9,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Newport Beach, 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 Newport Beach, CA.
How much is a studio apartment in Newport Beach, 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 1 studio apartment listings currently available for rent in Newport Beach.
How much is a one bedroom apartment in Newport Beach, CA?
The average monthly rental price for one bedroom apartments is $3,294 and an average price per square feet of $4.26. There are a total of 9 one bedroom apartment listings currently available for rent in Newport Beach.
How much is a two bedroom apartment in Newport Beach, CA?
The average monthly rental price for two bedroom apartments is $5,500 and an average price per square feet of $4.94. There are a total of 41 two bedroom apartment listings currently available for rent in Newport Beach.
How have rent prices in Newport Beach, CA changed this year?
Rent prices for rentals in Newport Beach, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.68%, one bedroom rental prices have changed by 0.64%, two bedroom rental prices have changed by 0.52%, and three bedroom rental prices have changed by 0.27% year-over-year.
What is a reasonable rent price in Newport Beach, CA?
A reasonable rent price in Newport Beach, CA is around $7,600/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast