Average Rent in 92692, Mission Viejo, CA

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Current Versus Historical 92692, Mission Viejo, CA Rents

92692 rentals average $0 for a studio rental to $5,500 for a 4-bedroom rental. The median price of all currently available listings is $3,183, or roughly $3 per square feet.
For the apartment units and housing in June 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $73 (3.19%) year-over-year from $2,302 to $2,375. 1-bedroom rentals prices have decreased by $23 (-0.98%) year-over-year from $2,334 to $2,311. 2-bedroom rentals prices have decreased by $170 (-5.28%) year-over-year from $3,220 to $3,050. 3-bedroom rentals prices have increased by $367 (8.98%) year-over-year from $4,083 to $4,450. 4-bedroom rentals prices have increased by $418 (8.21%) year-over-year from $5,083 to $5,500. 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 6.90% this month. 2-bedroom rents have gone down by 5.13% this month. 3-bedroom rents have gone up by 5.43% this month. 4-bedroom rents have gone down by 0.29% this month.
Beds
Price / Sqft
Jun 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.58 $2,311 $2,334 (-0.98%) $2,141 (7.96%)
2 BR $2.91 $3,050 $3,220 (-5.28%) $2,834 (7.61%)
3 BR $2.94 $4,450 $4,083 (8.98%) $3,191 (39.45%)
4+ BR $2.11 $5,500 $5,083 (8.21%) $4,632 (18.75%)

Historical Rents in 92692, Mission Viejo, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 92692

There are a total of 5 cities nearby 92692. The average rent in 92692 is currently $5,500 per month. Our records show that Mission Viejo, CA, with an average rent of $3,217, is the most affordable city nearby. In contrast, the most expensive city near 92692, Mission Viejo, CA is Laguna Beach, CA. Monthly rents here are on average $9,000 per month.

Let's compare 92692, Mission Viejo, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 92692, Mission Viejo, CA is inf% more affordable than other cities nearby. One bedrooms are about 14.57% more affordable. Two bedrooms in 92692, Mission Viejo, CA are about 32.29% more affordable. Finally, rent for three bedrooms are about 44.44% more affordable. Want more information? Check out the top 5 cities near 92692, Mission Viejo, CA in the following chart.
City Studio 1 Bed 2 Bed All
Mission Viejo, CA $2,329 $2,355 $3,085 $3,217
Laguna Niguel, CA N/A $2,800 $3,875 $4,995
Dana Point, CA N/A $2,500 $4,500 $5,500
San Clemente, CA $2,162 $2,650 $4,150 $5,875
Laguna Beach, CA $3,350 $5,500 $8,000 $9,000

Top Neighborhoods Near 92692



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 92692

The average rent for rentals in these counties is $4,300. That's roughly around $3 per sqft. The county that is the most affordable is Orange, CA. It's average rent per month is $4,300. Vice versa, with an average rent of $4,300, Orange, CA is the most expensive county by 92692, Mission Viejo, CA.

Typically, rent for studios in 92692, Mission Viejo, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 92692, Mission Viejo, CA is 13.49% more affordable than other counties nearby. Finally, rent for two bedrooms in 92692, Mission Viejo, CA is 11.56% 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 $2,212 $2,625 $3,500 $4,300

Top Zipcodes Near 92692

There are a total of 4 zipcodes in or near 92692, Mission Viejo, CA. The average rent for all of these zipcodes is $5,248.

The following chart includes the top 4 zipcodes in 92692, Mission Viejo, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
92677, Laguna Niguel, CA N/A $2,800 $3,875 $4,995
92629, Dana Point, CA N/A $3,000 $4,500 $5,500
92618, Irvine, CA N/A $2,500 $3,500 $4,900
92672, San Clemente, CA $2,162 $2,650 $4,100 $5,700

Frequently Asked Questions - 92692 Average Rents

What is the average rent price in 92692, Mission Viejo, CA?
The average monthly rental price for 92692, Mission Viejo, CA apartments for rent is approximately $3,183. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 92692, 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 92692, Mission Viejo, CA.
How much is a studio apartment in 92692, 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 1 studio apartment listings currently available for rent in 92692.
How much is a one bedroom apartment in 92692, Mission Viejo, CA?
The average monthly rental price for one bedroom apartments is $2,313 and an average price per square feet of $3.58. There are a total of 8 one bedroom apartment listings currently available for rent in 92692.
How much is a two bedroom apartment in 92692, Mission Viejo, CA?
The average monthly rental price for two bedroom apartments is $3,137 and an average price per square feet of $2.91. There are a total of 18 two bedroom apartment listings currently available for rent in 92692.
How have rent prices in 92692, Mission Viejo, CA changed this year?
Rent prices for rentals in 92692, Mission Viejo, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in 92692, Mission Viejo, CA?
A reasonable rent price in 92692, Mission Viejo, CA is around $2,546/month. You can search for these reasonably priced rental listings on RentHop.
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