Property prices for rent in Newport Beach (California)

The rent prices in real estate in Newport Beach, in the California region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

$6,344.17
Average price last 6 months
$4.36
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Newport Beach has barely changed in the last 6 months. In September, the average price per sq.feet was $4.41. In the following month the price per sq.feet rose to $4.66. In the following two months the price per sq.feet has practically remained the same, going from $4.53 to $4.31 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $4.42 to $4.24 during January y February

Average price

When referring to the price in Newport Beach (cities), this has fallen in the last 6 months. The rent price in September is $6,936, rising in October till $7,446. During the following two months (November, December) the average price fell 89 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $6,807.25 to $5,418, which means a 80 % fall.

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 $5,669 they are 52 % more affordable than the average price for Newport Beach . The properties with the highest average price have 4 bedrooms, Their price is 223 % more expensive than the average. After that we have properties with 3 bedrooms priced at $9,547.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.84 / sq.feet, with an average $4.23 / sq.feet price in Newport Beach. The properties with the most expensive average prices have 4 bedrooms. They are 62 % more expensive than the average followed by properties with 3 bedrooms with a price at $4.95 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $5,669 it is 46 % more affordable than the average price in Newport Beach. "Duplex" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $13,482 it is 222 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $3.8 / sq.feet followed by "Duplex" priced at $4 / sq.feet. "Townhouse" is the most expensive type of property with a $7.11 / sq.feet value followed by "House" with an average price of $5.64 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Newport Beach
Number of properties used in region California
$5,669
$4.23
7,554
1,063,178
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value