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123 Apartments for rent in Newport Beach, CA

Read Guide >
Last updated August 15 at 2:54am UTC
1 Dolomiti
Los Trancos
Newport Beach, CA
Updated August 15 at 2:54am UTC
5 Bedrooms
$9,900
602 Carnation Avenue
Newport Beach
Newport Beach, CA
Updated August 15 at 2:54am UTC
2 Bedrooms
$2,800
114 Via Xanthe
Newport Heights
Newport Beach, CA
Updated August 15 at 2:53am UTC
4 Bedrooms
$13,750
4 Highpoint
Pacific Ridge
Newport Beach, CA
Updated August 15 at 2:52am UTC
4 Bedrooms
$18,800
24 Pelican Crest Drive
Pelican Hill
Newport Beach, CA
Updated August 15 at 2:52am UTC
6 Bedrooms
$35,000
37 Vista Luci
Pelican Hill
Newport Beach, CA
Updated August 15 at 2:52am UTC
5 Bedrooms
$16,000
432 Aliso Avenue
Newport Heights
Newport Beach, CA
Updated August 15 at 2:51am UTC
5 Bedrooms
$20,000
415 Canal Street
Newport Shores
Newport Beach, CA
Updated August 15 at 2:50am UTC
4 Bedrooms
$6,100
428 Marguerite Ave
Newport Beach
Newport Beach, CA
Updated August 15 at 2:49am UTC
2 Bedrooms
$3,000
2018 Windward Lane
Cliff Haven
Newport Beach, CA
Updated August 14 at 6:46pm UTC
5 Bedrooms
$7,850
439 Begonia Avenue
Newport Beach
Newport Beach, CA
Updated August 14 at 2:31pm UTC
2 Bedrooms
$4,500
322 Marguerite Avenue
Newport Beach
Newport Beach, CA
Updated August 14 at 2:54am UTC
2 Bedrooms
$3,895
215 Via Genoa
Newport Heights
Newport Beach, CA
Updated August 14 at 2:51am UTC
5 Bedrooms
$11,750
504 Marigold Avenue
Newport Beach
Newport Beach, CA
Updated August 13 at 10:09am UTC
1 Bedroom
$2,700
303 Marguerite Avenue
Newport Beach
Newport Beach, CA
Updated August 11 at 6:54pm UTC
2 Bedrooms
$3,950
518 Begonia Avenue
Newport Beach
Newport Beach, CA
Updated August 11 at 10:41am UTC
2 Bedrooms
$3,450
327 Dahlia Place
Newport Beach
Newport Beach, CA
Updated August 14 at 10:34am UTC
2 Bedrooms
$3,195
420 Narcissus
Newport Beach
Newport Beach, CA
Updated August 13 at 10:48pm UTC
3 Bedrooms
$5,200
3108 Breakers Drive
Newport Beach
Newport Beach, CA
Updated August 13 at 7:03pm UTC
2 Bedrooms
$4,600
225 GRAND CANAL
Balboa Island
Newport Beach, CA
Updated August 15 at 2:53am UTC
3 Bedrooms
$5,500
1951 Port Weybridge Place
Harbor View Homes
Newport Beach, CA
Updated August 15 at 2:52am UTC
6 Bedrooms
$9,500
City Guide
Newport Beach
Stuff You Need to Know When Considering a NB Move

The aforementioned lower ends of the rent spectrum are those that, natch, are the most difficult to locate. Now, I don’t mean to salt NB’s game, but even if you snag one of the cheaper apartments, rents are rising at almost 6 percent each year, so plan on a rent hike when your lease is up. Apartments may be hard to find. The vacancy rate is low, with over 95 percent of rentals occupied. Finally, although studio apartments are the cheapest to rent, they’re tiny – with an average size of 510 square feet. This makes the average studio apartment rent, $1,134, the most expensive price-per-square-footage in the OC.

So, How Expensive IS Newport Beach?

Portfolio.com chose NB as “America’s Wealth Center” in 2010. Money magazine chose NB as the number one city to “Live in if You’re Rich and Single.” Empty out the investment accounts to make the move to Newport Beach. Renting is pricey and security deposits are high.

How to Choose Your Spot in Newport Beach

Decide first if you want a quiet area or a partying area. These two considerations seem to determine the environments around NB, at least according to locals. Although the median age of a NB local is 41 years, there are lots of college students that either live or come here to party.

Your Neighbors

Your new neighbors in NB will most likely be single – less than half of the residents are married. He or she is employed because, although the city did feel the pinch of the recession, Newport Beach employees fared quite well. The city’s unemployment rate is half that of the state of California. Not only is your new neighbor employed, she makes over $100k a year, and works in the science, tech, finance or real estate industries. You’ll be relatively safe in Newport Beach, with a violent crime rate that is one-third the national average and has decreased in the past couple of years.

Although it’s possible to enjoy life in Newport Beach if you’re at the high end of the 99 percent, if you’ve got the money to rent a sweet place on the beach, life in Newport Beach just doesn’t get much better.

August 2018 Newport Beach Rent Report

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

View full Newport Beach Rent Report
Rent Report
Newport Beach

August 2018 Newport Beach Rent Report

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

Newport Beach rents decline sharply over the past month

Newport Beach rents have declined 1.9% over the past month, but are up moderately by 2.6% in comparison to the same time last year. Currently, median rents in Newport Beach stand at $2,820 for a one-bedroom apartment and $3,630 for a two-bedroom. Newport Beach'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 Newport Beach, 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.
  • 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.
  • Los Angeles proper has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,750; rents increased 0.2% over the past month and 1.3% over the past year.

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

As rents have increased moderately in Newport Beach, 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, Newport Beach 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.
  • Newport Beach's median two-bedroom rent of $3,630 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 2.6% rise in Newport Beach.
  • While Newport Beach'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 Newport Beach than most large cities. For example, Houston has a median 2BR rent of $1,030, where Newport Beach is more than three-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% 1.3%
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.