Average Rent in Newport Beach, CA

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Current Versus Historical Newport Beach, CA Rents

Newport Beach rentals average $1,883 for a studio rental to $2,878 for a 2-bedroom rental. The median price of all currently available listings is $2,194, or roughly $3 per square feet.

For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $7 (0.37%) year-over-year from $1,870 to $1,877. 1-bedroom rentals prices have increased by $49 (2.27%) year-over-year from $2,156 to $2,205. 2-bedroom rentals prices have decreased by $233 (-7.53%) year-over-year from $3,089 to $2,856. 3-bedroom rentals prices have increased by $1,257 (19.36%) year-over-year from $6,491 to $7,748. 4-bedroom rentals prices have increased by $6,100 (58.65%) year-over-year from $10,400 to $16,500. 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 2.13% this month. 1-bedroom rents have gone up by 2.91% this month. 2-bedroom rents have gone down by 15.14% this month. 3-bedroom rents have gone up by 2.87% this month. 4-bedroom rents have gone down by 4.26% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.52	$1,877	$1,870 (0.37%)	$1,796 (4.54%)
1 BR	$3.30	$2,205	$2,156 (2.27%)	$2,055 (7.31%)
2 BR	$3.01	$2,856	$3,089 (-7.53%)	$2,783 (2.64%)

Historical Rents in Newport Beach, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Newport Beach

There are a total of 3 cities nearby Newport Beach. The average rent in Newport Beach is currently $2,663 per month. Only one city nearby has an average rent lower than that. Our records show that Newport Beach, CA, with an average rent of $2,194, is the most affordable city nearby. In contrast, the most expensive city near Newport Beach, CA is Huntington Beach, CA. Monthly rents here are on average $3,062 per month.

Let's compare Newport Beach, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Newport Beach, CA is 10.54% more affordable than other cities nearby. One bedrooms are about 13.51% more affordable. Two bedrooms in Newport Beach, CA are about 11.66% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 3 cities near Newport Beach, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Newport Beach, CA	$1,883	$2,218	$2,878	$2,194
Costa Mesa, CA	$2,082	$2,517	$3,213	$2,663
Huntington Beach, CA	$2,374	$2,853	$3,517	$3,062

Top Neighborhoods Near Newport Beach

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

The average rent for these 1 neighborhoods in or near Newport Beach, CA is currently around $2,905 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Newport Beach's average rent, which is only $2,194. Out of all the neighborhoods in or near Newport Beach, Mesa Verde has the most affordable average rent at $2,905 per month. Whereas, at $2,905 average rent per month, Mesa Verde is the most expensive neighborhood in or near Newport Beach. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Mesa Verde, Costa Mesa, CA	$2,095	$2,594	$3,375	$2,905

Top Counties Near Newport Beach

There are a total of 1 counties located by Newport Beach, CA. The average rent for rentals in these counties is $2,706. That's roughly around $3 per sqft. The county that is the most affordable is Orange, CA. It's average rent per month is $2,706. Vice versa, with an average rent of $2,706, Orange, CA is the most expensive county by Newport Beach, CA.

Typically, rent for studios in Newport Beach, CA is 8.50% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Newport Beach, CA is 14.23% more affordable than other counties nearby. Finally, rent for two bedrooms in Newport Beach, CA is 11.66% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Orange, CA	$2,043	$2,533	$3,213	$2,706

Top Zipcodes Near Newport Beach

There are a total of 2 zipcodes in or near Newport Beach, CA. The average rent for all of these zipcodes is $2,428.

The following chart includes the top 2 zipcodes in Newport Beach, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
92663, Newport Beach, CA	$1,883	$2,218	$2,878	$2,194
92626, Costa Mesa, CA	$2,082	$2,517	$3,213	$2,663

Frequently Asked Questions - Newport Beach Average Rents

What is the average rent price in Newport Beach, CA?

The average monthly rental price for Newport Beach, CA apartments for rent is approximately $2,194. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Newport Beach, 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 Newport Beach, CA.

How much is a studio apartment in Newport Beach, CA?

The average monthly rental price for studio apartments is $1,883 and an average price per square feet of $4.52. There are a total of 35 studio apartment listings currently available for rent in Newport Beach.

How much is a one bedroom apartment in Newport Beach, CA?

The average monthly rental price for one bedroom apartments is $2,218 and an average price per square feet of $3.30. There are a total of 46 one bedroom apartment listings currently available for rent in Newport Beach.

How much is a two bedroom apartment in Newport Beach, CA?

The average monthly rental price for two bedroom apartments is $2,878 and an average price per square feet of $3.01. There are a total of 26 two bedroom apartment listings currently available for rent in Newport Beach.

How have rent prices in Newport Beach, CA changed this year?

Rent prices for rentals in Newport Beach, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by -0.08%, and three bedroom rental prices have changed by 0.19% year-over-year.

What is a reasonable rent price in Newport Beach, CA?

A reasonable rent price in Newport Beach, CA is around $1,755/month. You can search for these reasonably priced rental listings on RentHop.