Average Rent in 92618, Irvine, CA

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Current Versus Historical 92618, Irvine, CA Rents

92618 rentals average $0 for a 1-bedroom rental to $6,700 for a 4-bedroom rental. The median price of all currently available listings is $5,300, or roughly $3 per square feet.
For the apartment units and housing in March 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $502 (-8.53%) year-over-year from $5,888 to $5,386. 1-bedroom rentals prices have increased by $17 (0.73%) year-over-year from $2,283 to $2,300. 2-bedroom rentals prices have increased by $134 (3.87%) year-over-year from $3,466 to $3,600. 3-bedroom rentals prices have increased by $40 (0.84%) year-over-year from $4,760 to $4,800. 4-bedroom rentals prices have increased by $450 (7.79%) year-over-year from $5,775 to $6,225. 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 down by 8.31% this month. 2-bedroom rents have gone down by 2.48% this month. 3-bedroom rents have gone down by 0.17% this month. 4-bedroom rents have gone up by 0.85% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $3.04 $3,600 $3,466 (3.87%) $2,583 (39.35%)
3 BR $2.74 $4,800 $4,760 (0.84%) $3,633 (32.11%)
4+ BR $2.41 $6,225 $5,775 (7.79%) $4,667 (33.39%)

Historical Rents in 92618, Irvine, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 92618

There are a total of 9 cities nearby 92618. The average rent in 92618 is currently $4,300 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Costa Mesa, CA, with an average rent of $2,809, is the most affordable city nearby. In contrast, the most expensive city near 92618, Irvine, CA is Laguna Beach, CA. Monthly rents here are on average $9,995 per month.

Let's compare 92618, Irvine, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 92618, Irvine, CA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in 92618, Irvine, CA are about 1.01% more affordable. Finally, rent for three bedrooms are about 10.33% more affordable. Want more information? Check out the top 9 cities near 92618, Irvine, CA in the following chart.
City Studio 1 Bed 2 Bed All
Costa Mesa, CA $2,094 $2,563 $3,149 $2,809
Mission Viejo, CA N/A $2,512 $3,175 $3,400
Huntington Beach, CA $2,474 $2,757 $3,435 $3,521
Newport Beach, CA $1,771 $2,082 $4,000 $4,000
Laguna Niguel, CA N/A $2,700 $3,425 $4,300
Irvine, CA $2,509 $2,765 $3,561 $4,500
San Clemente, CA N/A $2,725 $4,000 $5,950
Dana Point, CA N/A $3,250 $4,750 $5,995
Laguna Beach, CA $2,500 $5,900 $7,750 $9,995

Top Neighborhoods Near 92618

There are a total of 1 neighborhoods in or near 92618. We've included all of these top 1 neighborhoods in or near 92618, Irvine, CA in the following chart.

The average rent for these 1 neighborhoods in or near 92618, Irvine, CA is currently around $3,329 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near 92618, Irvine Business Complex has the most affordable average rent at $3,329 per month. Whereas, at $3,329 average rent per month, Irvine Business Complex is the most expensive neighborhood in or near 92618. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Irvine Business Complex, Irvine, CA $2,509 $2,775 $3,545 $3,329

Top Counties Near 92618

There are a total of 1 counties located by 92618, Irvine, CA. The average rent for rentals in these counties is $4,200. 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 $4,200. Vice versa, with an average rent of $4,200, Orange, CA is the most expensive county by 92618, Irvine, CA.

Typically, rent for studios in 92618, Irvine, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 92618, Irvine, CA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 92618, Irvine, CA is 3.55% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Orange, CA $1,992 $2,612 $3,400 $4,200

Top Zipcodes Near 92618

There are a total of 7 zipcodes in or near 92618, Irvine, CA. The average rent for all of these zipcodes is $4,069. A total of 5 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 $2,109 per month. In comparison, the zipcode with the most expensive average rent of $10,250 per month is 92651, Orange County, CA.

Studios in these zipcodes have an average rent of $1,771. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 92618, Irvine, CA is $2,765 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,464 per month. Which comes out to $3 per sqft. The following chart includes the top 7 zipcodes in 92618, 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 $7,750 $10,250
92663, Newport Beach, CA $1,771 $2,078 $2,894 $2,109
92648, Huntington Beach, CA N/A $3,262 $4,552 $4,069
92677, Laguna Niguel, CA N/A $2,700 $3,425 $4,300
92629, Dana Point, CA N/A $3,250 $4,750 $5,750
92626, Costa Mesa, CA $2,094 $2,576 $3,135 $2,623
92614, Irvine, CA $2,633 $2,765 $3,464 $3,002

Frequently Asked Questions - 92618 Average Rents

What is the average rent price in 92618, Irvine, CA?
The average monthly rental price for 92618, Irvine, CA apartments for rent is approximately $5,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 92618, 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 92618, Irvine, CA.
How much is a studio apartment in 92618, Irvine, 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 92618.
How much is a one bedroom apartment in 92618, Irvine, CA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in 92618.
How much is a two bedroom apartment in 92618, Irvine, CA?
The average monthly rental price for two bedroom apartments is $3,525 and an average price per square feet of $3.04. There are a total of 6 two bedroom apartment listings currently available for rent in 92618.
How have rent prices in 92618, Irvine, CA changed this year?
Rent prices for rentals in 92618, Irvine, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.09%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in 92618, Irvine, CA?
A reasonable rent price in 92618, Irvine, CA is around $4,240/month. You can search for these reasonably priced rental listings on RentHop.
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