Average Rent in 92663, Newport Beach, CA

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Current Versus Historical 92663, Newport Beach, CA Rents

92663 rentals average $1,919 for a studio rental to $18,000 for a 4-bedroom rental. The median price of all currently available listings is $2,550, or roughly $3 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 decreased by $9 (-0.50%) year-over-year from $1,767 to $1,758. 1-bedroom rentals prices have decreased by $55 (-2.58%) year-over-year from $2,136 to $2,081. 2-bedroom rentals prices have decreased by $418 (-13.10%) year-over-year from $3,193 to $2,775. 3-bedroom rentals prices have decreased by $325 (-4.87%) year-over-year from $6,675 to $6,350. 4-bedroom rentals prices have increased by $7,009 (65.25%) year-over-year from $10,742 to $17,750. 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 1.58% this month. 1-bedroom rents have gone up by 0.04% this month. 2-bedroom rents have gone down by 7.68% this month. 3-bedroom rents have gone up by 7.78% this month. 4-bedroom rents have gone up by 39.27% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.46 $1,758 $1,767 (-0.50%) $1,535 (14.56%)
1 BR $3.20 $2,081 $2,136 (-2.58%) $1,898 (9.67%)
2 BR $2.83 $2,775 $3,193 (-13.10%) $2,501 (10.96%)
3 BR $4.08 $6,350 $6,675 (-4.87%) $4,166 (52.43%)
4+ BR $5.72 $17,750 $10,742 (65.25%) $8,020 (121.31%)

Historical Rents in 92663, Newport Beach, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 92663

There are a total of 10 cities nearby 92663. The average rent in 92663 is currently $4,398 per month. Our records show that Costa Mesa, CA, with an average rent of $2,676, is the most affordable city nearby. In contrast, the most expensive city near 92663, Newport Beach, CA is Laguna Beach, CA. Monthly rents here are on average $9,000 per month.

Let's compare 92663, Newport Beach, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 92663, Newport Beach, CA is 2.71% more affordable than other cities nearby. One bedrooms are about 22.42% more affordable. Two bedrooms in 92663, Newport Beach, CA are about 32.81% more affordable. Finally, rent for three bedrooms are about 26.35% more expensive. Want more information? Check out the top 10 cities near 92663, Newport Beach, CA in the following chart.
City Studio 1 Bed 2 Bed All
Costa Mesa, CA $2,025 $2,547 $3,315 $2,676
Laguna Woods, CA N/A $2,000 $2,850 $2,925
Mission Viejo, CA N/A $2,490 $3,173 $3,199
Huntington Beach, CA $2,150 $2,804 $3,426 $3,700
Irvine, CA $2,513 $2,719 $3,850 $4,295
Laguna Niguel, CA N/A $2,613 $3,395 $4,500
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 $6,500
Laguna Beach, CA $2,500 $5,900 $7,825 $9,000

Top Neighborhoods Near 92663

There are a total of 2 neighborhoods in or near 92663. We've included all of these top 2 neighborhoods in or near 92663, Newport Beach, CA in the following chart.

The average rent for these 2 neighborhoods in or near 92663, Newport Beach, CA is currently around $2,848 per month. Meaning, only two neighborhoods have a higher average rent than $2,848. Interestingly, the neighborhoods' average rent is higher than 92663's average rent, which is only $2,550. Out of all the neighborhoods in or near 92663, 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 92663. 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 92663

There are a total of 2 counties located by 92663, Newport Beach, CA. 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 92663, Newport Beach, CA.

Typically, rent for studios in 92663, Newport Beach, CA is 8.00% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 92663, Newport Beach, CA is 22.12% more affordable than other counties nearby. Finally, rent for two bedrooms in 92663, Newport Beach, CA is 24.28% more affordable 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 $3,404 $4,300

Top Zipcodes Near 92663

There are a total of 9 zipcodes in or near 92663, Newport Beach, CA. The average rent for all of these zipcodes is $4,147.

The following chart includes the top 9 zipcodes in 92663, Newport Beach, 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
92648, Huntington Beach, CA N/A $3,199 $4,468 $4,147
92677, Laguna Niguel, CA N/A $2,613 $3,395 $4,500
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 $3,198 $3,133
92614, Irvine, CA $2,575 $2,754 $3,609 $2,916
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 - 92663 Average Rents

What is the average rent price in 92663, Newport Beach, CA?
The average monthly rental price for 92663, Newport Beach, CA apartments for rent is approximately $2,550. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 92663, Newport Beach, 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 92663, Newport Beach, CA.
How much is a studio apartment in 92663, Newport Beach, CA?
The average monthly rental price for studio apartments is $1,919 and an average price per square feet of $4.46. There are a total of 18 studio apartment listings currently available for rent in 92663.
How much is a one bedroom apartment in 92663, Newport Beach, CA?
The average monthly rental price for one bedroom apartments is $2,129 and an average price per square feet of $3.20. There are a total of 39 one bedroom apartment listings currently available for rent in 92663.
How much is a two bedroom apartment in 92663, Newport Beach, CA?
The average monthly rental price for two bedroom apartments is $2,739 and an average price per square feet of $2.83. There are a total of 19 two bedroom apartment listings currently available for rent in 92663.
How have rent prices in 92663, Newport Beach, CA changed this year?
Rent prices for rentals in 92663, Newport Beach, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.13%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in 92663, Newport Beach, CA?
A reasonable rent price in 92663, Newport Beach, CA is around $2,040/month. You can search for these reasonably priced rental listings on RentHop.
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