104 Cheap Apartments for rent in Laguna Beach, CA

Last updated July 21 at 6:45am UTC
364 Cliff Drive
North Laguna
Laguna Beach, CA
Updated July 19 at 10:31pm UTC
1 Bedroom
$1,995
301 Bluebird Canyon
Woods Cove
Laguna Beach, CA
Updated July 3 at 2:20am UTC
Studio
$1,995
3337 Punta Alta
Laguna Woods
Laguna Woods, CA
Updated July 18 at 3:16am UTC
1 Bedroom
$1,850
Results within 1 miles of Laguna Beach, CA
5372 PUNTA ALTA
Laguna Woods
Laguna Woods, CA
Updated July 8 at 6:50pm UTC
1 Bedroom
$1,650
Results within 5 miles of Laguna Beach, CA
953 GLENNEYRE Street
The Village
Laguna Beach, CA
Updated July 21 at 6:45am UTC
1 Bedroom
$1,995
380 N Coast
North Laguna
Laguna Beach, CA
Updated July 3 at 2:15am UTC
1 Bedroom
$1,995

July 2018 Laguna Beach Rent Report

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

View full Laguna Beach Rent Report
Rent Report
Laguna Beach

July 2018 Laguna Beach Rent Report

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

Laguna Beach rents increase sharply over the past month

Laguna Beach rents have increased 1.9% over the past month, and have increased significantly by 5.3% in comparison to the same time last year. Currently, median rents in Laguna Beach stand at $2,140 for a one-bedroom apartment and $2,740 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in March. Laguna Beach's year-over-year rent growth leads the state average of 2.1%, as well as the national average of 1.4%.

Rents rising across the Los Angeles Metro

Throughout the past year, rent increases have been occurring not just in the city of Laguna Beach, but across the entire metro. Of the largest 10 cities that we have data for in the Los Angeles metro, 9 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 4.9%. 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 1.0%. Median two-bedrooms there cost $2,340, while one-bedrooms go for $1,820.
  • 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 1.6% 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 $2,690; rents were up 0.5% over the past month and 2.9% over the past year.

Many large cities nationwide show more affordable rents compared to Laguna Beach

As rents have increased significantly in Laguna Beach, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Laguna Beach is less affordable for renters.

  • Rents increased moderately in other cities across the state, with California as a whole logging rent growth of 2.1% over the past year. For example, rents have grown by 1.7% in San Jose, 1.0% in San Francisco, and 1.0% in San Diego.
  • Laguna Beach's median two-bedroom rent of $2,740 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 5.3% increase in Laguna Beach.
  • While Laguna Beach's rents rose significantly over the past year, some cities nationwide saw decreases, including Seattle (-2.0%) and DC (-0.1%).
  • Renters will generally find more expensive prices in Laguna Beach than most large cities. For example, Houston has a median 2BR rent of $1,030, where Laguna Beach is more than two-and-a-half times 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% 1.6%
Long Beach $1,370 $1,770 -0.0% 2.1%
Anaheim $1,620 $2,080 -0.3% 1.7%
Santa Ana $1,440 $1,840 -0.4% 0.8%
Irvine $2,090 $2,690 0.5% 2.9%
Glendale $1,410 $1,810 0.9% 2.8%
Huntington Beach $1,820 $2,340 -0.7% -1.0%
Santa Clarita $2,000 $2,570 0.2% 4.1%
Lancaster $1,370 $1,760 0.3% 4.9%
Palmdale $1,570 $2,020 0.5% 2.4%
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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.