- California
- Newport Beach
- Renter Market Trends
Rental market trends in Newport Beach, CA
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Average Apartment Cost in Newport Beach, CA
Apartment Rent Ranges in Newport Beach, CA
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 0% | 0% | 1% | 99% |
Neighborhood Apartment Rent Trends in Newport Beach, CA
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Airport Area of Newport | $3,149 | -- |
| Newport Heights | $3,000 | -- |
| West Newport Beach | $2,500 | -- |
| Park Newport | $2,495 | -12% |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Bayside | $4,572 | +7% |
| Newport Ridge | $4,245 | +25% |
| Newport North | $4,192 | +25% |
| Lido Isle | $4,000 | -- |
| Airport Area of Newport | $3,800 | -- |
| Balboa Island | $3,495 | +34% |
| West Newport Beach | $2,500 | -33% |
| Eastbluff | $2,300 | -- |
| Park Newport | $1,850 | -37% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Big Canyon | $8,964 | -- |
| West Newport Beach | $7,900 | +41% |
| Balboa Peninsula Point | $6,000 | -- |
| Balboa Village | $6,000 | -- |
| Lido Isle | $5,950 | -- |
| Newport Ridge | $5,332 | +28% |
| Bayside | $5,317 | +8% |
| Newport North | $5,062 | +26% |
| Balboa Island | $3,950 | -1% |
| Park Newport | $3,810 | +6% |
| Eastbluff | $3,595 | +3% |
| Newport Heights | $3,200 | -- |
How Other Cities Compare to Newport Beach, CA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Laguna Beach | $2,700 | 0% |
| Santa Monica | $2,679 | -16% |
| West Hollywood | $2,554 | +8% |
| Pasadena | $2,395 | +36% |
| Long Beach | $2,360 | +18% |
| Huntington Beach | $2,226 | +9% |
| Los Angeles | $2,211 | -6% |
| Lake Forest | $2,209 | -30% |
| Beverly Hills | $2,195 | 0% |
| North Hollywood | $2,172 | -4% |
| Costa Mesa | $2,161 | +3% |
| Vista | $2,142 | +23% |
| Hollywood | $2,094 | -21% |
| Rancho Cucamonga | $2,090 | +6% |
| Culver City | $1,925 | -42% |
| Oceanside | $1,910 | +6% |
| Anaheim | $1,900 | -2% |
| Burbank | $1,866 | 0% |
| Riverside | $1,650 | +1% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Culver City | $3,915 | -2% |
| Santa Monica | $3,760 | +5% |
| Laguna Beach | $3,695 | +12% |
| Irvine | $3,614 | +19% |
| West Hollywood | $3,397 | -13% |
| Beverly Hills | $3,095 | 0% |
| Pasadena | $2,835 | +2% |
| Long Beach | $2,810 | +7% |
| Los Angeles | $2,789 | -2% |
| Hollywood | $2,695 | -14% |
| Costa Mesa | $2,596 | -1% |
| Huntington Beach | $2,547 | +5% |
| Vista | $2,495 | 0% |
| Lake Forest | $2,481 | +2% |
| West Los Angeles | $2,400 | -- |
| North Hollywood | $2,377 | -11% |
| Oceanside | $2,336 | 0% |
| Rancho Cucamonga | $2,324 | +9% |
| Burbank | $2,211 | -22% |
| Anaheim | $2,173 | +8% |
| Riverside | $1,922 | +3% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Beverly Hills | $6,495 | +31% |
| Santa Monica | $6,002 | 0% |
| Culver City | $4,807 | +6% |
| Irvine | $4,570 | +22% |
| Hollywood | $4,361 | +5% |
| Los Angeles | $3,832 | -1% |
| West Hollywood | $3,722 | -30% |
| Long Beach | $3,638 | +13% |
| Pasadena | $3,638 | +1% |
| Costa Mesa | $3,367 | +2% |
| Lake Forest | $3,245 | +4% |
| Burbank | $3,074 | -14% |
| North Hollywood | $3,062 | 0% |
| Huntington Beach | $2,991 | +2% |
| Rancho Cucamonga | $2,798 | +2% |
| Anaheim | $2,690 | +7% |
| Oceanside | $2,690 | -2% |
| Vista | $2,673 | -15% |
| Riverside | $2,312 | +1% |
Newport Beach, CA Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 |
| $2220 | $2220 | $2270 | $2270 | $2270 | $2024 | $1970 | $2082 | $2076 | $2239 | $2054 | $2111 | $2111 |
| $4540 | $4297 | $4187 | $3912 | $3772 | $4317 | $4002 | $4440 | $4197 | $4115 | $4292 | $4455 | $4455 |
| $5230 | $4970 | $5019 | $5067 | $5046 | $5025 | $5005 | $5056 | $5107 | $5000 | $5080 | $5050 | $5050 |
| $6782 | $6725 | $6463 | $6200 | $6559 | $6917 | $6877 | $6880 | $6675 | $6602 | $6892 | $6810 | $6810 |
Neighborhood Information for Newport Beach, CA
What are the most affordable neighborhoods in Newport Beach, CA?
The most affordable neighborhoods in Newport Beach are Park Newport, where the average 1-bedroom apartment rent goes for $1,850, Eastbluff, where renters pay $2,300 on average for a 1-bedroom apartment, and West Newport Beach, where the average 1-bedroom apartment rent goes for $2,500. If you're looking for other great deals, check out the listings in Balboa Island ($3,495 for a 1-bedroom apartment) or Airport Area of Newport ($3,800 for a 1-bedroom apartment), compared to the $4,455 average for an Newport Beach 1-bedroom apartment.
What are the most expensive neighborhoods in Newport Beach, CA?
The most expensive neighborhoods in Newport Beach are Bayside, where the average rent for a 1-bedroom apartment is just $4,572. offering similar apartments at an average of Newport Ridge, $4,245, and Newport North, $4,192. For additional value-for-money options, consider Lido Isle ($4,000 for a 1-bedroom apartment) or Airport Area of Newport ($3,800 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Newport Beach average for a 1-bedroom apartment, which stands at $4,455.
What are the most popular neighborhoods in Newport Beach, CA?
The most popular neighborhoods in Newport Beach are Airport Area of Newport, where the average 1-bedroom apartment rent goes for $3,800, Newport North, where renters pay $4,192 on average for a 1-bedroom apartment, and Eastbluff, where the average 1-bedroom apartment rent goes for $2,300. If you're looking for other popular neighborhoods, check out the listings in Park Newport ($1,850 for a 1-bedroom apartment) or Bayside ($4,572 for a 1-bedroom apartment), compared to the $4,455 average for an Newport Beach 1-bedroom apartment.
