35 Cheap Apartments for rent in Laguna Niguel, CA

Last updated June 17 at 11:51pm UTC
Results within 1 miles of Laguna Niguel, CA
23412 Pacific Park Drive #30i
Canyon Villas
Aliso Viejo, CA
Updated June 17 at 9:26am UTC
1 Bedroom
$1,800
Results within 5 miles of Laguna Niguel, CA
23232 Peralta Drive
North Laguna Hills
Laguna Hills, CA
Updated June 16 at 10:03pm UTC
3 Bedrooms
$1,720
2111 VIA PUERTA
Laguna Woods
Laguna Woods, CA
Updated June 9 at 8:29am UTC
2 Bedrooms
$1,800
5372 PUNTA ALTA
Laguna Woods
Laguna Woods, CA
Updated June 9 at 8:29am UTC
1 Bedroom
$1,650
239 Lower Cliff Drive
Main Beach
Laguna Beach, CA
Updated June 9 at 8:27am UTC
Studio
$1,595
8 Via Castilla
Laguna Woods
Laguna Woods, CA
Updated June 9 at 8:26am UTC
1 Bedroom
$1,800
2181 VIA PUERTA
Laguna Woods
Laguna Woods, CA
Updated June 3 at 10:02am UTC
2 Bedrooms
$1,700
Results within 10 miles of Laguna Niguel, CA

June 2018 Laguna Niguel Rent Report

Welcome to the June 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

June 2018 Laguna Niguel Rent Report

Welcome to the June 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 increase sharply over the past month

Laguna Niguel rents have increased 0.8% over the past month, but have decreased slightly by 0.4% in comparison to the same time last year. Currently, median rents in Laguna Niguel stand at $1,810 for a one-bedroom apartment and $2,320 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in March. Laguna Niguel'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 Laguna Niguel 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.
  • 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.
  • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,670; rents were up 2.7% over the past year but remained flat month-over-month.

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

As rents have fallen slightly in Laguna Niguel, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Laguna Niguel 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.
  • Laguna Niguel's median two-bedroom rent of $2,320 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 0.4% decline in Laguna Niguel.
  • While rents in Laguna Niguel fell slightly 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 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% 1.9%
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.