126 Furnished Apartments for rent in Newport Beach, CA

Last updated May 26 at 11:29am UTC
134 Shorecliff Road
Shorecliffs
Newport Beach, CA
Updated May 26 at 11:29am UTC
5 Bedrooms
$12,500
906 E. Balboa Blvd
Balboa Peninsula Point
Newport Beach, CA
Updated May 26 at 9:51am UTC
3 Bedrooms
$4,900
5416 Seashore Drive
Lido Isle
Newport Beach, CA
Updated May 17 at 7:34am UTC
3 Bedrooms
$14,000
3708 Park Lane
Lido Isle
Newport Beach, CA
Updated May 11 at 12:31pm UTC
2 Bedrooms
$2,500
1900 Holiday Road
Cliff Haven
Newport Beach, CA
Updated May 11 at 9:38am UTC
3 Bedrooms
$7,500
213 Via Cordova
Newport Heights
Newport Beach, CA
Updated May 22 at 12:40pm UTC
5 Bedrooms
$17,800
609 Begonia Avenue
Newport Beach
Newport Beach, CA
Updated May 20 at 11:25am UTC
3 Bedrooms
$7,280
229 Via Genoa
Newport Heights
Newport Beach, CA
Updated May 20 at 6:55am UTC
4 Bedrooms
$16,000
2011 Miramar Drive
Balboa Peninsula Point
Newport Beach, CA
Updated May 19 at 8:49am UTC
3 Bedrooms
$6,500
2901 Ocean Boulevard
Newport Beach
Newport Beach, CA
Updated May 10 at 11:35am UTC
3 Bedrooms
$30,000
441 Carnation Avenue
Newport Beach
Newport Beach, CA
Updated May 8 at 8:35am UTC
3 Bedrooms
$8,500
306 E. Ocean front
Central Newport Beach
Newport Beach, CA
Updated May 4 at 11:03am UTC
2 Bedrooms
$3,100
6410 W. Oceanfront
West Newport Beach
Newport Beach, CA
Updated May 2 at 9:53am UTC
4 Bedrooms
$35,000
2038 Miramar Drive
Balboa Peninsula Point
Newport Beach, CA
Updated April 25 at 9:34am UTC
5 Bedrooms
$14,500
310 Fernando Street #408
Central Newport Beach
Newport Beach, CA
Updated April 18 at 4:02am UTC
2 Bedrooms
$3,950
3312 W. Oceanfront
Lido Isle
Newport Beach, CA
Updated April 13 at 11:21am UTC
4 Bedrooms
$14,950
4909 Lido Sands Drive
Lido Isle
Newport Beach, CA
Updated April 10 at 5:32pm UTC
5 Bedrooms
$6,500
62 Beacon Bay
Bayside
Newport Beach, CA
Updated April 5 at 10:20am UTC
3 Bedrooms
$45,000
3014 W. Oceanfront - Lower
Lido Isle
Newport Beach, CA
Updated March 3 at 11:37am UTC
1 Bedroom
$2,800
1526 E. Ocean Blvd.
Balboa Peninsula Point
Newport Beach, CA
Updated March 2 at 12:11pm UTC
3 Bedrooms
$8,500
1809 Port Stirling Place
Newport Hills
Newport Beach, CA
Updated February 22 at 9:26am UTC
4 Bedrooms
$16,000
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May 2018 Newport Beach Rent Report

Welcome to the May 2018 Newport Beach Rent Report. Newport Beach rents increased 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

May 2018 Newport Beach Rent Report

Welcome to the May 2018 Newport Beach Rent Report. Newport Beach rents increased 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 increase sharply over the past month

Newport Beach rents have increased 0.7% over the past month, and are up moderately by 2.4% in comparison to the same time last year. Currently, median rents in Newport Beach stand at $2,810 for a one-bedroom apartment and $3,610 for a two-bedroom. Newport Beach's year-over-year rent growth leads the state average of 2.1%, as well as the national average of 1.5%.

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, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Garden Grove has seen the fastest rent growth in the metro, with a year-over-year increase of 5.3%. The median two-bedroom there costs $2,100, while one-bedrooms go for $1,630.
  • Over the past year, Huntington Beach has seen the biggest rent drop in the metro, with a decline of 0.2%. Median two-bedrooms there cost $2,380, while one-bedrooms go for $1,850.
  • Lancaster has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,740; rents fell 0.1% over the past month but rose 5.1% 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 $2,680; rents decreased 0.2% over the past month but were up 2.6% 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 2.1% over the past year. For example, rents have grown by 2.4% in San Jose, 1.9% in San Diego, and 1.3% in San Francisco.
  • Newport Beach's median two-bedroom rent of $3,610 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 2.4% rise in Newport Beach.
  • While Newport Beach's rents rose moderately over the past year, the city of DC saw a decrease of 0.2%.
  • Renters will generally find more expensive prices in Newport Beach than most large cities. For example, Houston has a median 2BR rent of $1,020, 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 $1,740 0.1% 2.1%
Long Beach $1,370 $1,760 -0.1% 2.0%
Anaheim $1,640 $2,110 -0.3% 3.8%
Santa Ana $1,450 $1,860 -0.6% 1.8%
Irvine $2,080 $2,680 -0.2% 2.6%
Glendale $1,380 $1,770 0.8% -0.0%
Huntington Beach $1,850 $2,380 -0.9% -0.2%
Santa Clarita $1,980 $2,550 1.0% 4.8%
Garden Grove $1,630 $2,100 -0.1% 5.3%
Lancaster $1,350 $1,740 -0.1% 5.1%
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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.