Average Rent in 92614, Irvine, CA

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Current Versus Historical 92614, Irvine, CA Rents

92614 rentals average $2,575 for a studio rental to $5,125 for a 4-bedroom rental. The median price of all currently available listings is $2,916, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $143 (5.99%) year-over-year from $2,380 to $2,523. 1-bedroom rentals prices have increased by $49 (1.83%) year-over-year from $2,698 to $2,748. 2-bedroom rentals prices have increased by $237 (7.12%) year-over-year from $3,327 to $3,564. 3-bedroom rentals prices have increased by $340 (8.18%) year-over-year from $4,160 to $4,500. 4-bedroom rentals prices have increased by $650 (14.44%) year-over-year from $4,500 to $5,150. 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 13.52% this month. 1-bedroom rents have gone down by 0.90% this month. 2-bedroom rents have gone up by 3.54% this month. 3-bedroom rents have gone up by 5.24% this month. 4-bedroom rents have gone up by 0.67% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.74 $2,523 $2,380 (5.99%) $1,994 (26.55%)
1 BR $3.74 $2,748 $2,698 (1.83%) $2,078 (32.24%)
2 BR $3.08 $3,564 $3,327 (7.12%) $2,750 (29.62%)
3 BR $3.05 $4,500 $4,160 (8.18%) $3,298 (36.43%)
4+ BR $2.78 $5,150 $4,500 (14.44%) $4,325 (19.08%)

Historical Rents in 92614, Irvine, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 92614

There are a total of 10 cities nearby 92614. The average rent in 92614 is currently $4,336 per month. Only one city nearby has an average rent lower than that. Our records show that Costa Mesa, CA, with an average rent of $2,664, is the most affordable city nearby. In contrast, the most expensive city near 92614, Irvine, CA is Laguna Beach, CA. Monthly rents here are on average $9,000 per month.

Let's compare 92614, Irvine, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 92614, Irvine, CA is 23.46% more expensive than other cities nearby. One bedrooms are about 5.36% more expensive. Two bedrooms in 92614, Irvine, CA are about 0.80% more affordable. Finally, rent for three bedrooms are about 0.56% more expensive. Want more information? Check out the top 10 cities near 92614, Irvine, CA in the following chart.
City Studio 1 Bed 2 Bed All
Costa Mesa, CA $2,025 $2,547 $3,315 $2,664
Laguna Woods, CA N/A $2,000 $2,850 $2,925
Mission Viejo, CA N/A $2,490 $3,150 $3,198
Huntington Beach, CA $2,150 $2,804 $3,426 $3,700
Irvine, CA $2,513 $2,719 $3,850 $4,273
Laguna Niguel, CA N/A $2,613 $3,395 $4,400
Dana Point, CA N/A $3,250 $4,750 $5,995
San Clemente, CA $2,500 $2,600 $4,200 $6,000
Newport Beach, CA $1,917 $2,139 $4,495 $6,450
Laguna Beach, CA $2,500 $5,900 $7,825 $9,000

Top Neighborhoods Near 92614

There are a total of 2 neighborhoods in or near 92614. We've included all of these top 2 neighborhoods in or near 92614, Irvine, CA in the following chart.

The average rent for these 2 neighborhoods in or near 92614, Irvine, CA is currently around $2,848 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near 92614, Mesa Verde has the most affordable average rent at $2,664 per month. Whereas, at $3,033 average rent per month, Irvine Business Complex is the most expensive neighborhood in or near 92614. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Mesa Verde, Costa Mesa, CA $2,073 $2,571 $3,363 $2,664
Irvine Business Complex, Irvine, CA $2,523 $2,724 $3,699 $3,033

Top Counties Near 92614

There are a total of 2 counties located by 92614, Irvine, CA. The average rent for rentals in these counties is $4,298. That's roughly around $3 per sqft. The county that is the most affordable is Orange, CA. It's average rent per month is $4,298. Vice versa, with an average rent of $4,298, Orange, CA is the most expensive county by 92614, Irvine, CA.

Typically, rent for studios in 92614, Irvine, CA is 19.51% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 92614, Irvine, CA is 5.59% more expensive than other counties nearby. Finally, rent for two bedrooms in 92614, Irvine, CA is 5.71% 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 $2,073 $2,600 $3,403 $4,298

Top Zipcodes Near 92614

There are a total of 9 zipcodes in or near 92614, Irvine, CA. The average rent for all of these zipcodes is $4,147. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92663, Newport Beach, CA at $2,550 per month. In comparison, the zipcode with the most expensive average rent of $10,000 per month is 92651, Orange County, CA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 92614, Irvine, CA is $2,600 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,395 per month. Which comes out to $3 per sqft. The following chart includes the top 9 zipcodes in 92614, Irvine, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
92651, Orange County, CA $2,500 $5,900 $7,825 $10,000
92663, Newport Beach, CA $1,919 $2,129 $2,739 $2,550
92648, Huntington Beach, CA N/A $3,199 $4,468 $4,147
92677, Laguna Niguel, CA N/A $2,613 $3,395 $4,400
92629, Dana Point, CA N/A $3,500 $4,750 $5,995
92626, Costa Mesa, CA $2,025 $2,543 $3,321 $2,621
92692, Mission Viejo, CA N/A $2,494 $3,197 $3,070
92672, San Clemente, CA $2,500 $2,600 $4,200 $5,995
92637, Laguna Woods, CA N/A $2,000 $2,850 $2,925

Frequently Asked Questions - 92614 Average Rents

What is the average rent price in 92614, Irvine, CA?
The average monthly rental price for 92614, Irvine, CA apartments for rent is approximately $2,916. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 92614, Irvine, 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 92614, Irvine, CA.
How much is a studio apartment in 92614, Irvine, CA?
The average monthly rental price for studio apartments is $2,575 and an average price per square feet of $3.74. There are a total of 7 studio apartment listings currently available for rent in 92614.
How much is a one bedroom apartment in 92614, Irvine, CA?
The average monthly rental price for one bedroom apartments is $2,754 and an average price per square feet of $3.74. There are a total of 27 one bedroom apartment listings currently available for rent in 92614.
How much is a two bedroom apartment in 92614, Irvine, CA?
The average monthly rental price for two bedroom apartments is $3,609 and an average price per square feet of $3.08. There are a total of 16 two bedroom apartment listings currently available for rent in 92614.
How have rent prices in 92614, Irvine, CA changed this year?
Rent prices for rentals in 92614, Irvine, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in 92614, Irvine, CA?
A reasonable rent price in 92614, Irvine, CA is around $2,333/month. You can search for these reasonably priced rental listings on RentHop.
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