Average Rent in Irvine, CA

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Current Versus Historical Irvine, CA Rents

Irvine rentals average $2,509 for a studio rental to $6,150 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $3 per square feet.
For the apartment units and housing in March 2024, median rents have risen over the last year. Studio rentals prices have decreased by $887 (-24.96%) year-over-year from $3,553 to $2,666. 1-bedroom rentals prices have increased by $138 (5.26%) year-over-year from $2,629 to $2,767. 2-bedroom rentals prices have increased by $364 (10.63%) year-over-year from $3,424 to $3,788. 3-bedroom rentals prices have increased by $250 (5.56%) year-over-year from $4,500 to $4,750. 4-bedroom rentals prices have increased by $304 (5.40%) year-over-year from $5,633 to $5,938. 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 20.08% this month. 1-bedroom rents have gone down by 0.81% this month. 2-bedroom rents have gone up by 0.33% this month. 3-bedroom rents have gone up by 2.15% this month. 4-bedroom rents have gone up by 0.28% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.97 $2,666 $3,553 (-24.96%) $1,969 (35.39%)
1 BR $3.77 $2,767 $2,629 (5.26%) $2,080 (33.05%)
2 BR $3.04 $3,788 $3,424 (10.63%) $2,796 (35.45%)
3 BR $2.76 $4,750 $4,500 (5.56%) $3,558 (33.49%)
4+ BR $2.40 $5,938 $5,633 (5.40%) $4,367 (35.97%)

Historical Rents in Irvine, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Irvine

There are a total of 8 cities nearby Irvine. The average rent in Irvine is currently $4,150 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Costa Mesa, CA, with an average rent of $2,809, is the most affordable city nearby. In contrast, the most expensive city near Irvine, CA is Laguna Beach, CA. Monthly rents here are on average $9,995 per month.

Let's compare Irvine, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Irvine, CA is 64.70% more expensive than other cities nearby. One bedrooms are about 1.90% more expensive. Two bedrooms in Irvine, CA are about 4.40% more affordable. Finally, rent for three bedrooms are about 28.65% more affordable. Want more information? Check out the top 8 cities near Irvine, CA in the following chart.
City Studio 1 Bed 2 Bed All
Costa Mesa, CA $2,094 $2,563 $3,149 $2,809
Mission Viejo, CA N/A $2,512 $3,175 $3,400
Huntington Beach, CA $2,474 $2,757 $3,435 $3,521
Newport Beach, CA $1,771 $2,082 $4,000 $4,000
Laguna Niguel, CA N/A $2,700 $3,425 $4,300
San Clemente, CA N/A $2,725 $4,000 $5,950
Dana Point, CA N/A $3,250 $4,750 $5,995
Laguna Beach, CA $2,500 $5,900 $7,750 $9,995

Top Neighborhoods Near Irvine

There are a total of 1 neighborhoods in or near Irvine. We've included all of these top 1 neighborhoods in or near Irvine, CA in the following chart.

The average rent for these 1 neighborhoods in or near Irvine, CA is currently around $3,329 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Irvine, Irvine Business Complex has the most affordable average rent at $3,329 per month. Whereas, at $3,329 average rent per month, Irvine Business Complex 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 $2,509 $2,775 $3,545 $3,329

Top Counties Near Irvine

There are a total of 1 counties located by Irvine, CA. The average rent for rentals in these counties is $4,200. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Orange, CA. It's average rent per month is $4,200. Vice versa, with an average rent of $4,200, Orange, CA is the most expensive county by Irvine, CA.

Typically, rent for studios in Irvine, CA is 20.59% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Irvine, CA is 5.55% more expensive than other counties nearby. Finally, rent for two bedrooms in Irvine, CA is 4.51% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Orange, CA $1,992 $2,612 $3,400 $4,200

Top Zipcodes Near Irvine

There are a total of 8 zipcodes in or near Irvine, CA. The average rent for all of these zipcodes is $4,185. A total of 5 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 $2,109 per month. In comparison, the zipcode with the most expensive average rent of $10,250 per month is 92651, Orange County, CA.

Studios in these zipcodes have an average rent of $886. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Irvine, CA is $2,733 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,494 per month. Which comes out to $3 per sqft. The following chart includes the top 8 zipcodes in Irvine, 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 $7,750 $10,250
92663, Newport Beach, CA $1,771 $2,078 $2,894 $2,109
92648, Huntington Beach, CA N/A $3,262 $4,552 $4,069
92677, Laguna Niguel, CA N/A $2,700 $3,425 $4,300
92629, Dana Point, CA N/A $3,250 $4,750 $5,750
92626, Costa Mesa, CA $2,094 $2,576 $3,135 $2,623
92618, Irvine, CA N/A N/A $3,525 $5,300
92614, Irvine, CA $2,633 $2,765 $3,464 $3,002

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 $4,500. 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 $2,509 and an average price per square feet of $3.97. There are a total of 8 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 $2,765 and an average price per square feet of $3.77. There are a total of 43 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 $3,561 and an average price per square feet of $3.04. There are a total of 56 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 -0.25%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Irvine, CA?
A reasonable rent price in Irvine, CA is around $3,600/month. You can search for these reasonably priced rental listings on RentHop.
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