Costa Mesa, CA Rental Market Trends

Costa Mesa Rent Report: April 2024

Welcome to the Apartment List April 2024 Rent Report for Costa Mesa, CA. Currently, the overall median rent in the city stands at $2,498, roughly the same as last month. Prices and are now up 1.3% year-over-year. Read on to learn more about what’s been happening in the Costa Mesa rental market and how it compares to trends throughout the broader Los Angeles metro area and the nation as a whole.

Costa Mesa rents are flat month-over-month and up 1.3% year-over-year

The median rent in Costa Mesa rose by 0.0% over the course of March, and has now increased by a total of 1.3% over the past 12 months. Costa Mesa’s rent growth over the past year has has outpaced both state (-1.0%) and national (-0.8%) averages.

Costa Mesa rent growth in 2024 pacing similar last year

Three months into the year, rents in Costa Mesa have risen 0.7%. This is a similar rate of growth compared to what the city was experiencing at this point last year: from January to March 2023 rents had increased 0.4%.

Costa Mesa rents are 14.7% higher than the metro-wide median

If we expand our view to the wider Los Angeles metro area, the median rent is $2,177 meaning that the median price in Costa Mesa ($2,498) is 14.7% greater than the price across the metro as a whole. Metro-wide annual rent growth stands at -1.3%, below the rate of rent growth within just the city.

The table below shows the latest rent stats for 24 cities in the Los Angeles metro area that are included in our database. Among them, Newport Beach is currently the most expensive, with a median rent of $3,293. Long Beach is the metro’s most affordable city, with a median rent of $1,782. The metro's fastest annual rent growth is occurring in Orange (3.3%) while the slowest is in West Hollywood (-6.2%).

City
Median 1BR Rent
Median 2BR Rent
M/M Rent Growth
Y/Y Rent Growth
Aliso Viejo
$2,541
$3,001
0.1%
1.9%
Anaheim
$1,915
$2,363
0.0%
-0.1%
Brea
$2,078
$2,608
0.6%
0.0%
Burbank
$1,790
$2,410
1.7%
-0.1%
Calabasas
$2,864
$3,151
-0.7%
-3.2%
Costa Mesa
$2,230
$2,574
0.0%
1.3%
Fullerton
$2,050
$2,456
0.5%
1.3%
Glendale
$1,865
$2,399
0.2%
-1.7%
Huntington Beach
$2,164
$2,445
-0.6%
0.9%
Irvine
$2,526
$3,097
0.5%
2.5%
Lake Forest
$2,677
$3,197
-0.3%
0.4%
Long Beach
$1,592
$1,950
0.6%
0.1%
Los Angeles
$1,863
$2,376
0.5%
-3.4%
Mission Viejo
$2,335
$2,808
0.7%
1.1%
Newport Beach
$2,746
$3,410
-0.1%
0.9%
Orange
$2,048
$2,413
-0.6%
3.3%
Pasadena
$2,081
$2,678
0.4%
0.2%
Pomona
$1,468
$1,853
0.9%
-0.8%
Rancho Santa Margarita
$2,344
$2,840
0.2%
1.5%
Santa Ana
$1,907
$2,249
-0.4%
-0.9%
Santa Clarita
$1,970
$2,398
-0.3%
2.8%
Santa Monica
$2,358
$2,827
1.5%
-4.3%
West Covina
$1,672
$2,247
1.3%
1.0%
West Hollywood
$1,968
$2,555
-0.0%
-6.2%
See More

You can also use the map below to explore the latest rent trends in the Los Angeles metropolitan area.

Methodology

Apartment List is committed to the accuracy and transparency of our rent estimates. We begin 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, capturing apartment transactions over time 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. For more details, please see the Apartment List Rent Estimate Methodology.

Data Access

Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.

Top rent specials in Costa Mesa

Cities similar to Costa Mesa

Find the best apartment deals!
How many bedrooms do you need?
Find More Rentals By

Bedrooms

Price

Amenities

Property Type

Find More Rentals in Nearby

Cities

Zip Codes

Counties

Neighborhoods

Colleges

Find More Rentals Near

Airports

Medical Facilities

Military Locations