Average Rent in 92692, Mission Viejo, CA

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Current Versus Historical 92692, Mission Viejo, CA Rents

92692 rentals average $2,509 for a 1-bedroom rental to $6,400 for a 4-bedroom rental. The median price of all currently available listings is $4,925, or roughly $34 per square feet.
For the apartment units and housing in July 2026, median rents have risen over the last year. Studio rentals prices have decreased by $16 (-0.73%) year-over-year from $2,216 to $2,200. 1-bedroom rentals prices have increased by $226 (9.88%) year-over-year from $2,283 to $2,509. 2-bedroom rentals prices have increased by $72 (1.95%) year-over-year from $3,717 to $3,789. 3-bedroom rentals prices have increased by $600 (13.95%) year-over-year from $4,300 to $4,900. 4-bedroom rentals prices have increased by $617 (10.85%) year-over-year from $5,683 to $6,300. 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 4.55% this month. 2-bedroom rents have gone down by 1.26% this month. 3-bedroom rents have gone up by 5.38% this month. 4-bedroom rents have gone up by 5.59% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $43.63 $2,509 $2,283 (9.88%) $2,354 (6.57%)
2 BR $39.17 $3,789 $3,717 (1.95%) $3,212 (17.98%)
3 BR $34.26 $4,900 $4,300 (13.95%) $4,099 (19.54%)
4+ BR $29.75 $6,300 $5,683 (10.85%) $5,208 (20.98%)

Historical Rents in 92692, Mission Viejo, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 92692

There are a total of 9 cities nearby 92692. The average rent in 92692 is currently $4,795 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Laguna Woods, CA, with an average rent of $3,000, is the most affordable city nearby. In contrast, the most expensive city near 92692, Mission Viejo, CA is Laguna Beach, CA. Monthly rents here are on average $10,000 per month.

Let's compare 92692, Mission Viejo, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 7.61% more affordable. Two bedrooms in 92692, Mission Viejo, CA are about 4.99% more expensive. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 9 cities near 92692, Mission Viejo, CA in the following table.
City Studio 1 Bed 2 Bed All
Laguna Woods, CA $2,800 $2,700 $3,000 $3,000
Aliso Viejo, CA N/A $2,675 $3,380 $4,205
Lake Forest, CA $2,375 $2,500 $3,150 $4,325
Rancho Santa Margarita, CA N/A $2,488 $2,975 $4,450
Mission Viejo, CA N/A $2,400 $3,600 $4,795
Laguna Niguel, CA N/A $2,825 $3,650 $5,000
San Clemente, CA $2,900 $2,900 $3,800 $6,000
Dana Point, CA $2,075 $3,195 $4,800 $6,500
Laguna Beach, CA $2,975 $3,700 $7,500 $10,000

Top Neighborhoods Near 92692

There are a total of 2 neighborhoods in or near 92692. Some of these neighborhoods include Northwood and Orange County Great Park. We've included all of these top 2 neighborhoods in or near 92692, Mission Viejo, CA in the following table.

The average rent for these 2 neighborhoods in or near 92692, Mission Viejo, CA is currently around $5,163 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. Interestingly, the neighborhoods' average rent is higher than 92692's average rent, which is only $4,925. Out of all the neighborhoods in or near 92692, Northwood has the most affordable average rent at $4,675 per month. Whereas, at $5,650 average rent per month, Orange County Great Park is the most expensive neighborhood in or near 92692. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Northwood, Irvine, CA N/A $2,400 $3,300 $4,675
Orange County Great Park, Irvine, CA N/A $2,300 $4,350 $5,650

Top Counties Near 92692

There are a total of 1 counties located by 92692, Mission Viejo, CA. One county in the area is Orange, CA. The average rent for rentals in these counties is $4,950. That's roughly around $38 per sqft. The county that is the most affordable is Orange, CA. Its average rent per month is $4,950. Vice versa, with an average rent of $4,950, Orange, CA is the most expensive county by 92692, Mission Viejo, CA.

In comparison, rent for one bedroom listings in 92692, Mission Viejo, CA is 2.69% more affordable than other counties nearby. Finally, rent for two bedrooms in 92692, Mission Viejo, CA is 6.89% 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 $2,550 $2,577 $3,528 $4,950

Top Zipcodes Near 92692

There are a total of 7 zipcodes in or near 92692, Mission Viejo, CA. The average rent for all of these zipcodes is $5,000. A total of 2 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92630, Lake Forest, CA at $3,850 per month. In comparison, the zipcode with the most expensive average rent of $5,400 per month is 92618, Irvine, CA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 92692, Mission Viejo, CA is $2,452 per month. Or in other words, $42 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,750 per month. Which comes out to $37 per sqft. The following table includes the top 7 zipcodes in 92692, Mission Viejo, 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 $3,750 $5,400
92620, Irvine, CA N/A $2,400 $4,050 $5,050
92677, Laguna Niguel, CA N/A $2,825 $3,650 $5,000
92656, Aliso Viejo, CA N/A $2,650 $3,380 $4,200
92630, Lake Forest, CA $2,375 $2,452 $2,995 $3,850
92672, San Clemente, CA $2,900 $2,900 $3,912 $4,950
92602, Irvine, CA N/A $2,040 $3,923 $5,000

Frequently Asked Questions - 92692 Average Rents

What is the average rent price in 92692, Mission Viejo, CA?
The average monthly rental price for 92692, Mission Viejo, CA apartments for rent is approximately $4,925. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 92692, Mission Viejo, 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 92692, Mission Viejo, CA.
How much is a one bedroom apartment in 92692, Mission Viejo, CA?
The average monthly rental price for one bedroom apartments is $2,509 and an average price per square feet of $43.63. There are a total of 6 one bedroom apartment listings currently available for rent in 92692.
How much is a two bedroom apartment in 92692, Mission Viejo, CA?
The average monthly rental price for two bedroom apartments is $3,789 and an average price per square feet of $39.17. There are a total of 19 two bedroom apartment listings currently available for rent in 92692.
How have rent prices in 92692, Mission Viejo, CA changed this year?
Rent prices for rentals in 92692, Mission Viejo, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.02%, three bedroom rental prices have changed by 0.14% year-over-year.
What is a reasonable rent price in 92692, Mission Viejo, CA?
A reasonable rent price in 92692, Mission Viejo, CA is around $3,940/month. You can search for these reasonably priced rental listings on RentHop.
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