Average Rent in 92651, Orange County, CA

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Current Versus Historical 92651, Orange County, CA Rents

92651 rentals average $0 for a studio rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $5,000, or roughly $6 per square feet.
For the apartment units and housing in June 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $447 (-15.76%) year-over-year from $2,834 to $2,388. 1-bedroom rentals prices have increased by $902 (27.34%) year-over-year from $3,298 to $4,200. 2-bedroom rentals prices have increased by $1,351 (26.23%) year-over-year from $5,149 to $6,500. 3-bedroom rentals prices have increased by $4,193 (52.05%) year-over-year from $8,057 to $12,250. 4-bedroom rentals prices have increased by $10,084 (67.61%) year-over-year from $14,916 to $25,000. 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 0.69% this month. 1-bedroom rents have gone up by 9.61% this month. 2-bedroom rents have gone up by 6.27% this month. 3-bedroom rents have gone up by 27.85% this month. 4-bedroom rents have gone up by 51.52% this month.
Beds
Price / Sqft
Jun 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)

Historical Rents in 92651, Orange County, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 92651

There are a total of 4 cities nearby 92651. The average rent in 92651 is currently $2,808 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Newport Beach, CA, with an average rent of $2,194, is the most affordable city nearby. In contrast, the most expensive city near 92651, Orange County, CA is Huntington Beach, CA. Monthly rents here are on average $3,062 per month.

Let's compare 92651, Orange County, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 92651, Orange County, CA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in 92651, Orange County, CA are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 4 cities near 92651, Orange County, CA in the following chart.
City Studio 1 Bed 2 Bed All
Newport Beach, CA $1,883 $2,218 $2,878 $2,194
Costa Mesa, CA $2,082 $2,517 $3,213 $2,663
Los Angeles, CA $2,194 $2,736 $3,689 $2,953
Huntington Beach, CA $2,374 $2,853 $3,517 $3,062

Top Neighborhoods Near 92651

There are a total of 3 neighborhoods in or near 92651. Some of these neighborhoods include Wilshire Center - Koreatown, Mesa Verde, and Venice. We've included all of these top 3 neighborhoods in or near 92651, Orange County, CA in the following chart.

The average rent for these 3 neighborhoods in or near 92651, Orange County, CA is currently around $2,905 per month. A total of 3 neighborhoods have a lower average rent. Out of all the neighborhoods in or near 92651, Wilshire Center - Koreatown has the most affordable average rent at $2,584 per month. Whereas, at $3,257 average rent per month, Venice is the most expensive neighborhood in or near 92651. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Wilshire Center - Koreatown, Los Angeles, CA $2,225 $2,461 $3,301 $2,584
Mesa Verde, Costa Mesa, CA $2,095 $2,594 $3,375 $2,905
Venice, Los Angeles, CA $2,209 $3,125 $3,894 $3,257

Top Counties Near 92651

There are a total of 3 counties located by 92651, Orange County, CA. Some of these counties include Orange, CA, San Diego, CA, and Los Angeles, CA. The average rent for rentals in these counties is $2,810. That's roughly around $3 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Orange, CA. It's average rent per month is $2,706. Vice versa, with an average rent of $2,868, Los Angeles, CA is the most expensive county by 92651, Orange County, CA.

Typically, rent for studios in 92651, Orange County, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 92651, Orange County, CA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 92651, Orange County, CA is inf% 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 $2,043 $2,533 $3,213 $2,706
San Diego, CA $2,269 $2,614 $3,228 $2,810
Los Angeles, CA $2,209 $2,607 $3,476 $2,868

Top Zipcodes Near 92651

There are a total of 3 zipcodes in or near 92651, Orange County, CA. The average rent for all of these zipcodes is $2,663. A total of 3 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 $2,194 per month. In comparison, the zipcode with the most expensive average rent of $3,399 per month is 90292, Marina del Rey, CA.

Studios in these zipcodes have an average rent of $2,082. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 92651, Orange County, CA is $2,517 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,213 per month. Which comes out to $3 per sqft. The following chart includes the top 3 zipcodes in 92651, Orange County, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
92663, Newport Beach, CA $1,883 $2,218 $2,878 $2,194
90292, Marina del Rey, CA $2,202 $2,979 $3,908 $3,399
92626, Costa Mesa, CA $2,082 $2,517 $3,213 $2,663

Frequently Asked Questions - 92651 Average Rents

What is the average rent price in 92651, Orange County, CA?
The average monthly rental price for 92651, Orange County, CA apartments for rent is approximately $5,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 92651, Orange County, 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 92651, Orange County, CA.
How much is a studio apartment in 92651, Orange County, 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 92651.
How much is a one bedroom apartment in 92651, Orange County, 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 0 one bedroom apartment listings currently available for rent in 92651.
How much is a two bedroom apartment in 92651, Orange County, CA?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in 92651.
How have rent prices in 92651, Orange County, CA changed this year?
Rent prices for rentals in 92651, Orange County, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.16%, one bedroom rental prices have changed by 0.27%, two bedroom rental prices have changed by 0.26%, and three bedroom rental prices have changed by 0.52% year-over-year.
What is a reasonable rent price in 92651, Orange County, CA?
A reasonable rent price in 92651, Orange County, CA is around $4,000/month. You can search for these reasonably priced rental listings on RentHop.
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