Average Rent in Newport Beach, CA

Home » CA » Newport Beach » Newport Beach

Current Versus Historical Newport Beach, CA Rents

Newport Beach rentals average $3,272 for a 1-bedroom rental to $15,997 for a 4-bedroom rental. The median price of all currently available listings is $9,995, 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 $264 (14.78%) year-over-year from $1,786 to $2,050. 1-bedroom rentals prices have increased by $1,263 (59.16%) year-over-year from $2,134 to $3,397. 2-bedroom rentals prices have increased by $1,766 (54.68%) year-over-year from $3,229 to $4,995. 3-bedroom rentals prices have increased by $2,187 (34.64%) year-over-year from $6,313 to $8,500. 4-bedroom rentals prices have increased by $4,533 (38.36%) year-over-year from $11,817 to $16,350. 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 10.22% this month. 1-bedroom rents have gone up by 2.48% this month. 2-bedroom rents have gone up by 5.58% this month. 3-bedroom rents have gone up by 7.59% this month. 4-bedroom rents have gone up by 26.99% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$4.29	$3,397	$2,134 (59.16%)	$2,154 (57.73%)
2 BR	$4.68	$4,995	$3,229 (54.68%)	$2,843 (75.70%)
3 BR	$5.11	$8,500	$6,313 (34.64%)	$5,815 (46.17%)
4+ BR	$5.54	$16,350	$11,817 (38.36%)	$9,416 (73.64%)

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 $4,956 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 $10,900 per month.

Let's compare Newport Beach, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 15.46% more expensive. Two bedrooms in Newport Beach, CA are about 25.50% more expensive. Finally, rent for three bedrooms are about 41.76% 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	$2,300	$3,000	$3,000
Mission Viejo, CA	N/A	$2,540	$3,400	$4,225
Lake Forest, CA	N/A	$2,300	$3,100	$4,350
Huntington Beach, CA	$2,100	$2,500	$3,533	$4,900
San Clemente, CA	N/A	$2,800	$3,950	$4,925
Irvine, CA	$2,772	$2,732	$3,700	$4,988
Laguna Niguel, CA	N/A	$3,200	$3,750	$5,495
Dana Point, CA	N/A	$3,375	$4,650	$6,000
Laguna Beach, CA	$2,751	$4,136	$6,995	$8,500
Newport Beach, CA	N/A	$3,272	$5,500	$10,900

Top Neighborhoods Near Newport Beach

There are a total of 5 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 5 neighborhoods in or near Newport Beach, CA in the following chart.

The average rent for these 5 neighborhoods in or near Newport Beach, CA is currently around $5,500 per month. A total of 5 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 $3,035 per month. Whereas, at $7,800 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	$2,517	$2,965	$3,300	$3,035
Irvine Business Complex, Irvine, CA	$2,772	$2,787	$3,839	$3,569
Orange County Great Park, Irvine, CA	N/A	$1,350	$4,400	$5,500
North Laguna, Laguna Beach, CA	$2,500	$3,525	$7,000	$7,500
The Village, Laguna Beach, CA	N/A	$7,800	$7,248	$7,800

Top Counties Near Newport Beach

There are a total of 5 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 19.01% more expensive than other counties nearby. Finally, rent for two bedrooms in Newport Beach, CA is 24.06% 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	$2,650	$3,797	$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 $9,995. 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 0 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 $3,272 and an average price per square feet of $4.29. There are a total of 10 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 $5,000 and an average price per square feet of $4.68. 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 0.15%, one bedroom rental prices have changed by 0.59%, two bedroom rental prices have changed by 0.55%, and three bedroom rental prices have changed by 0.35% year-over-year.

What is a reasonable rent price in Newport Beach, CA?

A reasonable rent price in Newport Beach, CA is around $7,996/month. You can search for these reasonably priced rental listings on RentHop.