Average Rent in Lower Peters Canyon, Irvine, CA

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Current Versus Historical Lower Peters Canyon, Irvine, CA Rents

Lower Peters Canyon rentals average $3,750 for a 2-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $4,250, or roughly $2 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 increased by $0 (0.00%) year-over-year from $2,825 to $2,825. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,800 to $1,800. 2-bedroom rentals prices have increased by $567 (17.56%) year-over-year from $3,232 to $3,799. 3-bedroom rentals prices have decreased by $733 (-14.86%) year-over-year from $4,933 to $4,200. 4-bedroom rentals prices have decreased by $200 (-3.96%) year-over-year from $5,050 to $4,850. 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 1.95% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 2.68% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $2.32 $3,799 $3,232 (17.56%) $2,832 (34.16%)
3 BR $2.58 $4,200 $4,933 (-14.86%) $3,725 (12.75%)

Historical Rents in Lower Peters Canyon, Irvine, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lower Peters Canyon

There are a total of 9 cities nearby Lower Peters Canyon. The average rent in Lower Peters Canyon is currently $4,500 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Costa Mesa, CA, with an average rent of $2,746, is the most affordable city nearby. In contrast, the most expensive city near Lower Peters Canyon, Irvine, CA is Laguna Beach, CA. Monthly rents here are on average $8,995 per month.

Let's compare Lower Peters Canyon, Irvine, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Lower Peters Canyon, Irvine, CA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Lower Peters Canyon, Irvine, CA are about 2.68% more affordable. Finally, rent for three bedrooms are about 22.22% more affordable. Want more information? Check out the top 9 cities near Lower Peters Canyon, Irvine, CA in the following chart.
City Studio 1 Bed 2 Bed All
Costa Mesa, CA $1,946 $2,531 $3,282 $2,746
Mission Viejo, CA N/A $2,523 $3,295 $3,400
Huntington Beach, CA $2,085 $2,815 $3,370 $3,593
Irvine, CA $2,624 $2,700 $3,850 $4,375
Laguna Niguel, CA N/A $2,650 $3,400 $4,500
Newport Beach, CA $1,895 $2,113 $4,250 $5,750
Dana Point, CA N/A $3,300 $4,750 $5,995
San Clemente, CA N/A $2,600 $4,100 $5,998
Laguna Beach, CA $2,875 $6,350 $7,250 $8,995

Top Neighborhoods Near Lower Peters Canyon

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

The average rent for these 1 neighborhoods in or near Lower Peters Canyon, Irvine, CA is currently around $2,987 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Lower Peters Canyon, Irvine Business Complex has the most affordable average rent at $2,987 per month. Whereas, at $2,987 average rent per month, Irvine Business Complex is the most expensive neighborhood in or near Lower Peters Canyon. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Irvine Business Complex, Irvine, CA $2,650 $2,694 $4,100 $2,987

Top Counties Near Lower Peters Canyon

There are a total of 1 counties located by Lower Peters Canyon, Irvine, CA. The average rent for rentals in these counties is $4,350. That's roughly around $3 per sqft. The county that is the most affordable is Orange, CA. It's average rent per month is $4,350. Vice versa, with an average rent of $4,350, Orange, CA is the most expensive county by Lower Peters Canyon, Irvine, CA.

Typically, rent for studios in Lower Peters Canyon, Irvine, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Lower Peters Canyon, Irvine, CA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Lower Peters Canyon, Irvine, CA is 7.93% 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 $2,015 $2,600 $3,452 $4,350

Top Zipcodes Near Lower Peters Canyon

There are a total of 9 zipcodes in or near Lower Peters Canyon, Irvine, CA. The average rent for all of these zipcodes is $4,150. 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 $2,299 per month. In comparison, the zipcode with the most expensive average rent of $9,875 per month is 92651, Orange County, CA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lower Peters Canyon, Irvine, CA is $2,650 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,532 per month. Which comes out to $3 per sqft. The following chart includes the top 9 zipcodes in Lower Peters Canyon, Irvine, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
92614, Irvine, CA $2,653 $2,734 $3,532 $2,838
92626, Costa Mesa, CA $1,946 $2,524 $3,251 $2,598
92663, Newport Beach, CA $1,895 $2,100 $2,793 $2,299
92692, Mission Viejo, CA N/A $2,523 $3,300 $3,400
92651, Orange County, CA $2,875 $6,350 $7,250 $9,875
92648, Huntington Beach, CA N/A $3,349 $4,473 $4,150
92677, Laguna Niguel, CA N/A $2,650 $3,400 $4,500
92629, Dana Point, CA N/A $3,300 $4,750 $5,995
92672, San Clemente, CA N/A $2,600 $4,200 $5,773

Frequently Asked Questions - Lower Peters Canyon Average Rents

What is the average rent price in Lower Peters Canyon, Irvine, CA?
The average monthly rental price for Lower Peters Canyon, Irvine, CA apartments for rent is approximately $4,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lower Peters Canyon, 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 Lower Peters Canyon, Irvine, CA.
How much is a studio apartment in Lower Peters Canyon, Irvine, CA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Lower Peters Canyon.
How much is a one bedroom apartment in Lower Peters Canyon, Irvine, CA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Lower Peters Canyon.
How much is a two bedroom apartment in Lower Peters Canyon, Irvine, CA?
The average monthly rental price for two bedroom apartments is $3,750 and an average price per square feet of $2.32. There are a total of 2 two bedroom apartment listings currently available for rent in Lower Peters Canyon.
How have rent prices in Lower Peters Canyon, Irvine, CA changed this year?
Rent prices for rentals in Lower Peters Canyon, Irvine, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.18%, and three bedroom rental prices have changed by -0.15% year-over-year.
What is a reasonable rent price in Lower Peters Canyon, Irvine, CA?
A reasonable rent price in Lower Peters Canyon, Irvine, CA is around $3,400/month. You can search for these reasonably priced rental listings on RentHop.
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