Irvine, CA Rental Market Trends
The average rent for an apartment in Irvine is $2,468, a 4% increase compared to the previous year.
Average Rent in Irvine, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$2,468||4%||919 sq. ft.|
The average size for a Irvine, CA apartment is 919 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Irvine, CA Apartment Rent Ranges
- > $2,00084%
Irvine, CA Occupied Housing Units
- Renter-occupied Households32%
- Owner-occupied Households67%
30,559 or 32% of the households in Irvine, CA are renter-occupied while 62,310 or 67% are owner-occupied.
Irvine, CA Rent Trends
|Jul / 2016||Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Sep / 2019|
Average Rent in Irvine, CA By Neighborhood
|El Camino Real||$2,143|
|Irvine Business Complex||$2,471|
|Orange County Great Park||$2,491|
|Irvine Health And Science Complex||$2,491|
|East Industrial Complex||$2,491|
|University Town Center||$2,554|
|San Joaquin Marsh||$2,554|
The most affordable neighborhoods in Irvine are El Camino Real, where the average rent goes for $2,143/month, Northpark, where renters pay $2,266/mo on average, and Shady Canyon, where the average rent goes for $2,287/mo. If you’re looking for other great deals, check out the listings from South Irvine ($2,287), Orchard Hills ($2,313), and Northwood ($2,343), where the asking prices are below the average Irvine rent of $2,468/mo.
The most expensive neighborhoods in Irvine are University Park ($2,554), University Town Center ($2,554) and Uc Irvine ($2,864).
Irvine | Rent Comparison by Neighborhood
Rent in East Industrial Complex is 16% higher than in El Camino Real
East Industrial Complex rent is 1% higher than Irvine average
El Camino Real rent is 13% lower than Irvine average
How Does Irvine Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
For more information about the Irvine rental trends, check out our monthly rent report