Property prices for rent in Newport Beach (California)

The rent prices in real estate in Newport Beach, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$3,518
Average price last 6 months
$2.98
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Newport Beach has risen during the last 6 months. In July, the average price per sq.feet was $2.76. In August this price barely changed remaining at $2.86 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $2.81 to $3.02 per sq.feet. The price per sq.feet has risen 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.91 to $3.11 during November, and December.

Average price

When referring to the price in Newport Beach (cities), there have hardly been any changes in the last 6 months. The average price for July is $3,551. During August the price had a considerable fall till $2,919. During the following two months (September, October) the price has had an average rise from $3,235 to $3,511. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $3,525 they are 33 % more affordable than the average price for Newport Beach . The properties with the highest average price have 4 bedrooms, Their price is 256 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,316.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.9 / sq.feet, with an average $3 / sq.feet price in Newport Beach. The properties with the most expensive average prices have 4 bedrooms. They are 65 % more expensive than the average followed by properties with 1 bedroom with a price at $3.03 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $3,525 it is 16 % more affordable than the average price in Newport Beach. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Commercial". At a price of $3,355 it is 71 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.92 / sq.feet followed by "Condo" priced at $3.31 / sq.feet. "Commercial" is the most expensive type of property with a $55 / sq.feet value followed by "Condo" with an average price of $3.31 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Newport Beach
Number of properties used in region California
$3,525
$3
514
381,510
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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