Newport Beach, CA Rental Market Trends
What is the average rent in Newport Beach?
The average rent for an apartment in Newport Beach is $3,498. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Newport Beach, CA
|Average Rent||Average Apartment Size|
|$3,498||954 sq. ft.|
What is the average apartment size in Newport Beach?
The average size for a Newport Beach, CA apartment is 954 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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.
Newport Beach, CA Apartment Rent Ranges
Newport Beach, CA Occupied Housing Units
17,643 or 46% of the households in Newport Beach, CA are renter-occupied while 20,953 or 54% are owner-occupied.
Newport Beach, CA Rent Trends
|Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Nov / 2021||Mar / 2022||Jul / 2022|
Average Rent in Newport Beach, CA By Neighborhood
|Eastbluff - Big Canyon||$3,746|
|Harbor View - Harbor Ridge||$3,746|
|Santa Ana Heights||$3,746|
|Corona Del Mar||$3,384|
|West Newport Beach||$2,734|
What are the most affordable neighborhoods in Newport Beach?
The most affordable neighborhoods in Newport Beach are Balboa Peninsula, where the average rent goes for $2,734/month, Lido Isle, where renters pay $2,734/mo on average, and Newport Heights, where the average rent goes for $2,734/mo. If you’re looking for other great deals, check out the listings from West Newport Beach ($2,734), Corona Del Mar ($3,384), and Newport Harbor ($3,486), where the asking prices are below the average Newport Beach rent of $3,498/mo.
What are the most expensive neighborhoods in Newport Beach?
What are the most popular neighborhoods in Newport Beach?
The most popular neighborhood in Newport Beach is Santa Ana Heights, where there are 3 verified RentCafe listings with an average rent of $3,746. Next up is West Newport Beach, where apartments go for $2,734/month, followed by Newport Harbor with $3,486 If you’re looking to rent in Newport Beach’s most popular neighborhoods, make sure to also check out Westcliff, where renters pay $3,746 on average, and Balboa Peninsula, where the average monthly rent is $2,734.
Newport Beach | Rent Comparison by Neighborhood
Rent in Balboa Peninsula is 19% lower than in Corona Del Mar
Balboa Peninsula rent is 22% lower than Newport Beach average
Corona Del Mar rent is 3% lower than Newport Beach average
How Newport Beach Compares to Other Cities