21 Apartments under 1600 for rent in Fountain Valley, CA

Last updated August 17 at 7:42am UTC
Results within 5 miles of Fountain Valley, CA
8131 San Angelo Drive Studio
Washington
Huntington Beach, CA
Updated August 10 at 9:31am UTC
Studio
$1,500
1527 N Broadway
Downtown Santa Ana
Santa Ana, CA
Updated August 4 at 7:00am UTC
1 Bedroom
$1,550
724 West 18th Street
Westside Costa Mesa
Costa Mesa, CA
Updated August 1 at 10:47am UTC
1 Bedroom
$1,500
Results within 10 miles of Fountain Valley, CA
Highland Pinetree
1501 S Highland Ave
Fullerton, CA
Updated August 16 at 6:20pm UTC
1 Bedroom
$1,490
2 Bedrooms
$1,800
18551 E Pearl Avenue
Orange
Orange, CA
Updated August 15 at 10:34pm UTC
1 Bedroom
$1,300
6596 Indiana Avenue
Buena Park
Buena Park, CA
Updated August 15 at 2:54am UTC
1 Bedroom
$1,500
421 N. Philadelphia
The Colony
Anaheim, CA
Updated August 13 at 12:29pm UTC
1 Bedroom
$1,350
921 S Western Avenue
West Anaheim
Anaheim, CA
Updated August 10 at 7:12am UTC
1 Bedroom
$1,400
4061 ESCUDERO
Northwood
Irvine, CA
Updated July 28 at 3:35am UTC
1 Bedroom
$1,500
7545 Katella
Stanton
Stanton, CA
Updated August 17 at 2:49am UTC
1 Bedroom
$1,550

August 2018 Fountain Valley Rent Report

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

View full Fountain Valley Rent Report
Rent Report
Fountain Valley

August 2018 Fountain Valley Rent Report

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

Fountain Valley rents increase sharply over the past month

Fountain Valley rents have increased 0.9% over the past month, and have increased moderately by 3.4% in comparison to the same time last year. Currently, median rents in Fountain Valley stand at $1,870 for a one-bedroom apartment and $2,410 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in May. Fountain Valley's year-over-year rent growth leads the state average of 1.8%, as well as the national average of 1.2%.

Rents rising across the Los Angeles Metro

Throughout the past year, rent increases have been occurring not just in the city of Fountain Valley, but across the entire metro. Of the largest 10 cities that we have data for in the Los Angeles metro, all of them have seen prices rise. 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 4.5%. The median two-bedroom there costs $1,770, while one-bedrooms go for $1,370.
  • Los Angeles proper has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,750; rents were up 0.2% over the past month and 1.3% over the past year.
  • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,700; rents grew 0.6% over the past month and 2.8% over the past year.

Many large cities nationwide show more affordable rents compared to Fountain Valley

As rents have increased moderately in Fountain Valley, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Fountain Valley is less affordable for renters.

  • Rents increased moderately in other cities across the state, with California as a whole logging rent growth of 1.8% over the past year. For example, rents have grown by 2.2% in San Jose, 1.1% in San Francisco, and 1.0% in San Diego.
  • Fountain Valley's median two-bedroom rent of $2,410 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 3.4% increase in Fountain Valley.
  • While Fountain Valley's rents rose moderately over the past year, the city of Seattle saw a decrease of 2.4%.
  • Renters will generally find more expensive prices in Fountain Valley than most large cities. For example, Houston has a median 2BR rent of $1,030, where Fountain Valley 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% 1.3%
Long Beach $1,380 $1,770 0.3% 2.1%
Anaheim $1,640 $2,110 1.0% 2.9%
Santa Ana $1,450 $1,860 0.8% 1.7%
Irvine $2,100 $2,700 0.6% 2.8%
Glendale $1,400 $1,800 -0.6% 2.1%
Huntington Beach $1,850 $2,370 1.5% 1.1%
Santa Clarita $2,010 $2,580 0.4% 4.2%
Lancaster $1,370 $1,770 0.4% 4.5%
Palmdale $1,580 $2,030 0.3% 2.8%
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.