Average Rent in Lake Forest, CA

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Current Versus Historical Lake Forest, CA Rents

Lake Forest rentals average $3,700 for a 2-bedroom rental to $5,900 for a 4-bedroom rental. The median price of all currently available listings is $5,848, or roughly $30 per square feet.
For the apartment units and housing in September 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $2,300 to $2,300. 1-bedroom rentals prices have decreased by $113 (-3.93%) year-over-year from $2,863 to $2,750. 2-bedroom rentals prices have increased by $500 (15.63%) year-over-year from $3,200 to $3,700. 3-bedroom rentals prices have increased by $442 (10.43%) year-over-year from $4,233 to $4,675. 4-bedroom rentals prices have decreased by $259 (-4.21%) year-over-year from $6,158 to $5,899. 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 0.00% this month. 2-bedroom rents have gone down by 0.11% this month. 3-bedroom rents have gone down by 12.19% this month. 4-bedroom rents have gone up by 0.56% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $34.47 $3,700 $3,200 (15.63%) $2,975 (24.37%)
3 BR $40.95 $4,675 $4,233 (10.43%) $5,340 (-12.45%)
4+ BR $28.62 $5,899 $6,158 (-4.21%) $4,732 (24.67%)

Historical Rents in Lake Forest, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lake Forest

There are a total of 11 cities nearby Lake Forest. The average rent in Lake Forest is currently $4,300 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Laguna Woods, CA, with an average rent of $2,990, is the most affordable city nearby. In contrast, the most expensive city near Lake Forest, CA is Laguna Beach, CA. Monthly rents here are on average $9,000 per month.

Let's compare Lake Forest, CA's rent against other top cities nearby by bedroom size. Two bedrooms in Lake Forest, CA are about 5.41% more expensive. Finally, rent for three bedrooms are about 5.26% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Lake Forest, CA in the following table.
City Studio 1 Bed 2 Bed All
Laguna Woods, CA $2,900 $2,575 $3,000 $2,990
Rancho Santa Margarita, CA N/A $2,666 $2,937 $3,900
Orange, CA N/A $2,348 $3,097 $3,900
Aliso Viejo, CA N/A $2,600 $3,400 $4,050
Lake Forest, CA $2,175 $2,350 $3,107 $4,100
Tustin, CA N/A $2,490 $3,500 $4,300
Mission Viejo, CA N/A $2,402 $3,600 $4,500
Irvine, CA $2,623 $2,700 $3,800 $4,900
Laguna Niguel, CA N/A $2,575 $3,900 $4,995
Laguna Beach, CA $3,075 $3,700 $7,000 $9,000

Top Neighborhoods Near Lake Forest

There are a total of 6 neighborhoods in or near Lake Forest. Some of these neighborhoods include Irvine Business Complex, Woodbridge, and Westpark. We've included all of these top 6 neighborhoods in or near Lake Forest, CA in the following table.

The average rent for these 6 neighborhoods in or near Lake Forest, CA is currently around $4,749 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is less than Lake Forest's average rent, which is actually $5,848. Out of all the neighborhoods in or near Lake Forest, Irvine Business Complex has the most affordable average rent at $3,601 per month. Whereas, at $5,900 average rent per month, Orange County Great Park is the most expensive neighborhood in or near Lake Forest. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Irvine Business Complex, Irvine, CA $2,623 $2,800 $3,800 $3,601
Woodbridge, Irvine, CA N/A $1,350 $3,800 $4,250
Westpark, Irvine, CA N/A $2,850 $3,650 $4,500
Northwood, Irvine, CA N/A $2,150 $3,400 $4,998
Portola Springs, Orange County, CA N/A $1,980 $4,000 $5,000
Orange County Great Park, Irvine, CA N/A $1,450 $4,475 $5,900

Top Counties Near Lake Forest

There are a total of 1 counties located by Lake Forest, CA. One county in the area is Orange, CA. The average rent for rentals in these counties is $4,800. That's roughly around $38 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Orange, CA. Its average rent per month is $4,800. Vice versa, with an average rent of $4,800, Orange, CA is the most expensive county by Lake Forest, CA.

Rent for two bedrooms in Lake Forest, CA is 5.41% 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 $2,600 $2,550 $3,500 $4,800

Top Zipcodes Near Lake Forest

There are a total of 12 zipcodes in or near Lake Forest, CA. The average rent for all of these zipcodes is $4,475. A total of 11 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92656, Aliso Viejo, CA at $4,000 per month. In comparison, the zipcode with the most expensive average rent of $8,995 per month is 92660, Newport Beach, CA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lake Forest, CA is $2,538 per month. Or in other words, $45 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,763 per month. Which comes out to $38 per sqft. The following table includes the top 10 zipcodes in Lake Forest, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
92630, Lake Forest, CA $2,175 $2,248 $3,100 $4,248
92618, Irvine, CA N/A $2,500 $3,800 $5,500
92692, Mission Viejo, CA N/A $2,402 $3,750 $4,450
92656, Aliso Viejo, CA N/A $2,598 $3,400 $4,000
92620, Irvine, CA N/A $2,150 $3,700 $5,288
92604, Irvine, CA N/A $2,500 $3,973 $4,499
92612, Irvine, CA $2,541 $2,700 $3,790 $4,300
92677, Laguna Niguel, CA N/A $2,575 $3,900 $4,995
92606, Tustin, CA $2,697 $2,822 $3,637 $4,150
92602, Irvine, CA N/A $2,340 $3,775 $5,600

Frequently Asked Questions - Lake Forest Average Rents

What is the average rent price in Lake Forest, CA?
The average monthly rental price for Lake Forest, CA apartments for rent is approximately $5,848. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lake Forest, 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 Lake Forest, CA.
How much is a two bedroom apartment in Lake Forest, CA?
The average monthly rental price for two bedroom apartments is $3,700 and an average price per square feet of $34.47. There are a total of 1 two bedroom apartment listings currently available for rent in Lake Forest.
How have rent prices in Lake Forest, CA changed this year?
Rent prices for rentals in Lake Forest, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.16%, three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Lake Forest, CA?
A reasonable rent price in Lake Forest, CA is around $4,678/month. You can search for these reasonably priced rental listings on RentHop.