2 Apartments under 1200 for rent in Laguna Niguel, CA

Last updated August 8 at 6:45am UTC
27984 Via Ambrosa
Rancho Niguel
Laguna Niguel, CA
Updated August 8 at 6:45am UTC
1 Bedroom
$815
Results within 10 miles of Laguna Niguel, CA
15325 Montpellier Avenue
El Camino Real
Irvine, CA
Updated July 21 at 6:31pm UTC
1 Bedroom
$850

August 2018 Laguna Niguel Rent Report

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

View full Laguna Niguel Rent Report
Rent Report
Laguna Niguel

August 2018 Laguna Niguel Rent Report

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

Laguna Niguel rents increased slightly over the past month

Laguna Niguel rents have increased 0.2% over the past month, and have increased slightly by 1.8% in comparison to the same time last year. Currently, median rents in Laguna Niguel stand at $1,830 for a one-bedroom apartment and $2,350 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in March. Laguna Niguel's year-over-year rent growth is on par with the state average of 1.8%, but exceeds 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 Laguna Niguel, 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 Laguna Niguel

As rents have increased slightly in Laguna Niguel, a few large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Laguna Niguel 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.
  • Laguna Niguel's median two-bedroom rent of $2,350 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 1.8% increase in Laguna Niguel.
  • While Laguna Niguel's rents rose slightly over the past year, the city of Seattle saw a decrease of 2.4%.
  • Renters will generally find more expensive prices in Laguna Niguel than most large cities. For example, Houston has a median 2BR rent of $1,030, where Laguna Niguel 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.