Average Rent in Irvine, CA

Home  »  CA  »  Irvine

Current Versus Historical Irvine, CA Rents

Irvine rentals average $2,677 for a studio rental to $6,350 for a 4-bedroom rental. The median price of all currently available listings is $4,995, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have fallenover the last year. Studio rentals prices have increased by $451 (18.25%) year-over-year from $2,469 to $2,920. 1-bedroom rentals prices have decreased by $141 (-5.06%) year-over-year from $2,783 to $2,642. 2-bedroom rentals prices have increased by $109 (2.96%) year-over-year from $3,691 to $3,800. 3-bedroom rentals prices have increased by $383 (8.49%) year-over-year from $4,517 to $4,900. 4-bedroom rentals prices have increased by $508 (8.78%) year-over-year from $5,792 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 up by 3.83% this month. 1-bedroom rents have gone down by 3.25% this month. 2-bedroom rents have gone up by 3.64% this month. 3-bedroom rents have gone up by 5.00% this month. 4-bedroom rents have gone up by 0.80% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.82 $2,920 $2,469 (18.25%) $2,433 (20.04%)
1 BR $3.87 $2,642 $2,783 (-5.06%) $1,883 (40.28%)
2 BR $3.03 $3,800 $3,691 (2.96%) $3,116 (21.96%)
3 BR $2.71 $4,900 $4,517 (8.49%) $3,891 (25.94%)
4+ BR $2.47 $6,300 $5,792 (8.78%) $4,858 (29.67%)

Historical Rents in Irvine, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Irvine

There are a total of 12 cities nearby Irvine. The average rent in Irvine is currently $4,758 per month. A total of 7 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 Irvine, CA is Newport Beach, CA. Monthly rents here are on average $10,995 per month.

Let's compare Irvine, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 3.39% more expensive. Two bedrooms in Irvine, CA are about 5.41% more expensive. Finally, rent for three bedrooms are about 6.54% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near Irvine, CA in the following chart.
City Studio 1 Bed 2 Bed All
Laguna Woods, CA N/A $2,300 $3,000 $3,000
Aliso Viejo, CA N/A $2,625 $3,300 $3,800
Anaheim, CA $2,250 $1,895 $3,250 $4,000
Mission Viejo, CA N/A $2,546 $3,300 $4,200
Rancho Santa Margarita, CA N/A $2,495 $3,031 $4,300
Lake Forest, CA N/A $2,300 $3,075 $4,525
Huntington Beach, CA N/A $2,548 $3,750 $4,990
Laguna Niguel, CA N/A $3,500 $3,700 $5,400
Laguna Beach, CA $2,895 $4,500 $6,995 $8,000
Newport Beach, CA N/A $3,295 $5,500 $10,995

Top Neighborhoods Near Irvine

There are a total of 3 neighborhoods in or near Irvine. Some of these neighborhoods include Irvine Business Complex, Orange County Great Park, and The Village. We've included all of these top 3 neighborhoods in or near Irvine, CA in the following chart.

The average rent for these 3 neighborhoods in or near Irvine, CA is currently around $5,500 per month. A total of one neighborhood has a lower average rent. Meaning, only two neighborhoods have a higher average rent than $5,500. Interestingly, the neighborhoods' average rent is higher than Irvine's average rent, which is only $4,995. Out of all the neighborhoods in or near Irvine, Irvine Business Complex has the most affordable average rent at $3,577 per month. Whereas, at $7,800 average rent per month, The Village is the most expensive neighborhood in or near Irvine. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Irvine Business Complex, Irvine, CA $2,677 $2,747 $3,839 $3,577
Orange County Great Park, Irvine, CA N/A $1,500 $4,550 $5,500
The Village, Laguna Beach, CA $3,650 $7,800 $6,500 $7,800

Top Counties Near Irvine

There are a total of 3 counties located by Irvine, CA. The average rent for rentals in these counties is $5,000. That's roughly around $3 per sqft. The county that is the most affordable is Orange, CA. It's average rent per month is $5,000. Vice versa, with an average rent of $5,000, Orange, CA is the most expensive county by Irvine, CA.

Typically, rent for studios in Irvine, CA is 6.61% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Irvine, CA is 0.60% more expensive than other counties nearby. Finally, rent for two bedrooms in Irvine, CA is 2.70% 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 $2,500 $2,661 $3,800 $5,000

Top Zipcodes Near Irvine



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Irvine Average Rents

What is the average rent price in Irvine, CA?
The average monthly rental price for Irvine, CA apartments for rent is approximately $4,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Irvine, CA.
How much is a studio apartment in Irvine, CA?
The average monthly rental price for studio apartments is $2,677 and an average price per square feet of $4.82. There are a total of 3 studio apartment listings currently available for rent in Irvine.
How much is a one bedroom apartment in Irvine, CA?
The average monthly rental price for one bedroom apartments is $2,677 and an average price per square feet of $3.87. There are a total of 39 one bedroom apartment listings currently available for rent in Irvine.
How much is a two bedroom apartment in Irvine, CA?
The average monthly rental price for two bedroom apartments is $3,700 and an average price per square feet of $3.03. There are a total of 91 two bedroom apartment listings currently available for rent in Irvine.
How have rent prices in Irvine, CA changed this year?
Rent prices for rentals in Irvine, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.18%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Irvine, CA?
A reasonable rent price in Irvine, CA is around $3,996/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast