2 Apartments under 1400 for rent in Aliso Viejo, CA

Last updated June 20 at 6:26am UTC
Results within 5 miles of Aliso Viejo, CA
250 Cliff Drive
Main Beach
Laguna Beach, CA
Updated June 20 at 6:26am UTC
Studio
$1,275
21396 Calle De Oro
Lake Forest
Lake Forest, CA
Updated May 30 at 9:34pm UTC
1 Bedroom
$1,200

June 2018 Aliso Viejo Rent Report

Welcome to the June 2018 Aliso Viejo Rent Report. Aliso Viejo rents increased over the past month. In this report, we'll evaluate trends in the Aliso Viejo rental market, including comparisons to cities throughout the metro, state, and nation.

View full Aliso Viejo Rent Report
Rent Report
Aliso Viejo

June 2018 Aliso Viejo Rent Report

Welcome to the June 2018 Aliso Viejo Rent Report. Aliso Viejo rents increased over the past month. In this report, we'll evaluate trends in the Aliso Viejo rental market, including comparisons to cities throughout the metro, state, and nation.

Aliso Viejo rents increased significantly over the past month

Aliso Viejo rents have increased 0.4% over the past month, but have decreased sharply by 17.9% in comparison to the same time last year. Currently, median rents in Aliso Viejo stand at $1,640 for a one-bedroom apartment and $2,100 for a two-bedroom. Aliso Viejo's year-over-year rent growth lags the state average of 2.2%, as well as the national average of 1.5%.

Rents rising across the Los Angeles Metro

While rent prices have decreased in Aliso Viejo over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 9 of the largest 10 cities in the Los Angeles metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Lancaster has seen the fastest rent growth in the metro, with a year-over-year increase of 5.4%. The median two-bedroom there costs $1,760, while one-bedrooms go for $1,370.
  • Over the past year, Huntington Beach is the only city in the metro that has seen rents fall, with a decline of 0.7%. Median two-bedrooms there cost $2,350, while one-bedrooms go for $1,830.
  • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,670; rents rose 2.7% over the past year but remained flat month-over-month.
  • Los Angeles proper has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,750; rents grew 0.2% over the past month and 1.9% over the past year.

Many large cities nationwide show more affordable rents compared to Aliso Viejo

As rents have fallen sharply in Aliso Viejo, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Aliso Viejo is less affordable for renters.

  • Other cities across the state have seen rents moderately increase, with California as a whole logging rent growth of 2.2% over the past year. For example, rents have grown by 2.2% in San Jose, 1.8% in San Diego, and 1.5% in San Francisco.
  • Aliso Viejo's median two-bedroom rent of $2,100 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 17.9% decline in Aliso Viejo.
  • While rents in Aliso Viejo fell sharply over the past year, many cities nationwide saw increases, including Houston (+3.4%), Phoenix (+2.2%), and New York (+1.0%).
  • Renters will generally find more expensive prices in Aliso Viejo than most large cities. For example, Houston has a median 2BR rent of $1,030, where Aliso Viejo is more than twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Los Angeles $1,360 $1,750 0.2% 1.9%
Long Beach $1,370 $1,770 0.1% 2.2%
Anaheim $1,630 $2,090 -0.7% 2.2%
Santa Ana $1,440 $1,850 -0.6% 1.2%
Irvine $2,080 $2,670 -0.0% 2.7%
Glendale $1,390 $1,790 1.2% 1.3%
Huntington Beach $1,830 $2,350 -1.0% -0.7%
Santa Clarita $2,000 $2,560 0.6% 4.9%
Garden Grove $1,630 $2,090 -0.1% 3.0%
Lancaster $1,370 $1,760 1.0% 5.4%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.