Average Rent in 92620, Irvine, CA

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Current Versus Historical 92620, Irvine, CA Rents

92620 rentals average $2,775 for a 1-bedroom rental to $6,200 for a 4-bedroom rental. The median price of all currently available listings is $5,290, or roughly $33 per square feet.
For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $265 (-12.83%) year-over-year from $2,065 to $1,800. 1-bedroom rentals prices have increased by $328 (13.42%) year-over-year from $2,447 to $2,775. 2-bedroom rentals prices have increased by $463 (12.37%) year-over-year from $3,738 to $4,200. 3-bedroom rentals prices have increased by $204 (4.26%) year-over-year from $4,796 to $5,000. 4-bedroom rentals prices have increased by $350 (5.69%) year-over-year from $6,150 to $6,500. 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 down by 4.03% this month. 2-bedroom rents have gone up by 7.69% this month. 3-bedroom rents have gone up by 4.90% this month. 4-bedroom rents have gone up by 3.32% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $42.93 $2,775 $2,447 (13.42%) $2,403 (15.50%)
2 BR $37.17 $4,200 $3,738 (12.37%) $3,367 (24.75%)
3 BR $34.57 $5,000 $4,796 (4.26%) $4,450 (12.36%)
4+ BR $29.93 $6,500 $6,150 (5.69%) $5,500 (18.18%)

Historical Rents in 92620, Irvine, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 92620

There are a total of 23 cities nearby 92620. The average rent in 92620 is currently $4,298 per month. A total of 18 cities nearby have an average rent lower than that. Our records show that Santa Ana, CA, with an average rent of $2,850, is the most affordable city nearby. In contrast, the most expensive city near 92620, Irvine, CA is Newport Beach, CA. Monthly rents here are on average $12,000 per month.

Let's compare 92620, Irvine, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 9.91% more expensive. Two bedrooms in 92620, Irvine, CA are about 23.81% more expensive. Finally, rent for three bedrooms are about 11.96% more expensive. Want more information? Check out the top 10 cities out of 23 total cities near 92620, Irvine, CA in the following table.
City Studio 1 Bed 2 Bed All
Santa Ana, CA $1,800 $1,998 $2,823 $2,850
Laguna Woods, CA $2,800 $2,700 $3,000 $3,000
Orange, CA $650 $2,350 $3,000 $4,000
Aliso Viejo, CA N/A $2,650 $3,380 $4,210
Tustin, CA N/A $2,500 $3,475 $4,225
Costa Mesa, CA $2,175 $2,445 $3,450 $4,298
Lake Forest, CA $2,375 $2,500 $3,062 $4,500
Rancho Santa Margarita, CA N/A $2,657 $2,991 $4,500
Mission Viejo, CA N/A $2,400 $3,725 $4,798
Irvine, CA $2,462 $2,675 $3,800 $5,000

Top Neighborhoods Near 92620

There are a total of 5 neighborhoods in or near 92620. Some of these neighborhoods include Irvine Business Complex, Woodbridge, and Northwood. We've included all of these top 5 neighborhoods in or near 92620, Irvine, CA in the following table.

The average rent for these 5 neighborhoods in or near 92620, Irvine, CA is currently around $4,988 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $4,988. Interestingly, the neighborhoods' average rent is less than 92620's average rent, which is actually $5,290. Out of all the neighborhoods in or near 92620, Irvine Business Complex has the most affordable average rent at $3,600 per month. Whereas, at $9,000 average rent per month, The Village is the most expensive neighborhood in or near 92620. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Irvine Business Complex, Irvine, CA $2,542 $2,767 $3,658 $3,600
Woodbridge, Irvine, CA $2,200 $2,350 $3,725 $4,750
Northwood, Irvine, CA N/A $2,775 $3,350 $4,988
Orange County Great Park, Irvine, CA N/A $2,150 $4,850 $5,900
The Village, Laguna Beach, CA $2,550 $3,995 $6,900 $9,000

Top Counties Near 92620

There are a total of 1 counties located by 92620, Irvine, CA. One county in the area is Orange, CA. The average rent for rentals in these counties is $4,963. That's roughly around $38 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Orange, CA. Its average rent per month is $4,963. Vice versa, with an average rent of $4,963, Orange, CA is the most expensive county by 92620, Irvine, CA.

In comparison, rent for one bedroom listings in 92620, Irvine, CA is 6.49% more expensive than other counties nearby. Finally, rent for two bedrooms in 92620, Irvine, CA is 14.29% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Orange, CA $2,575 $2,595 $3,600 $4,963

Top Zipcodes Near 92620

There are a total of 18 zipcodes in or near 92620, Irvine, CA. The average rent for all of these zipcodes is $4,400. A total of 14 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92647, Huntington Beach, CA at $3,383 per month. In comparison, the zipcode with the most expensive average rent of $10,500 per month is 92660, Newport Beach, CA.

Studios in these zipcodes have an average rent of $675. That's at least $16 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 92620, Irvine, CA is $2,472 per month. Or in other words, $43 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,690 per month. Which comes out to $39 per sqft. The following table includes the top 10 zipcodes in 92620, Irvine, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
92618, Irvine, CA N/A $2,450 $3,725 $5,500
92602, Irvine, CA N/A $2,390 $4,000 $6,150
92612, Irvine, CA $2,448 $2,698 $3,900 $4,200
92614, Irvine, CA $2,560 $2,632 $3,680 $4,599
92606, Tustin, CA $2,607 $2,867 $3,541 $3,654
92677, Laguna Niguel, CA N/A $2,700 $3,700 $5,250
92660, Newport Beach, CA $2,675 $4,350 $6,485 $10,500
92630, Lake Forest, CA $2,375 $2,452 $2,995 $4,200
92656, Aliso Viejo, CA N/A $2,650 $3,380 $4,200
92692, Mission Viejo, CA N/A $2,492 $3,795 $4,925

Frequently Asked Questions - 92620 Average Rents

What is the average rent price in 92620, Irvine, CA?
The average monthly rental price for 92620, Irvine, CA apartments for rent is approximately $5,290. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 92620, 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 92620, Irvine, CA.
How much is a one bedroom apartment in 92620, Irvine, CA?
The average monthly rental price for one bedroom apartments is $2,775 and an average price per square feet of $42.93. There are a total of 6 one bedroom apartment listings currently available for rent in 92620.
How much is a two bedroom apartment in 92620, Irvine, CA?
The average monthly rental price for two bedroom apartments is $4,200 and an average price per square feet of $37.17. There are a total of 27 two bedroom apartment listings currently available for rent in 92620.
How have rent prices in 92620, Irvine, CA changed this year?
Rent prices for rentals in 92620, Irvine, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.13%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.12%, three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in 92620, Irvine, CA?
A reasonable rent price in 92620, Irvine, CA is around $4,232/month. You can search for these reasonably priced rental listings on RentHop.
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