Hopes of Orange County renters for any noteworthy discounting have faded.
That’s what my trusty spreadsheet found when it reviewed the September rent data from ApartmentList, which tracks pricing in 14 cities in Orange County using an index of one-bedroom and two-bedroom units derived from government data and the company’s rental listings.
Consider that rents declined in just three of the 14 cities in the year ended in September. But in the previous 12 months, rents fell in six of those cities.
A host of factors have affected demand and pricing. The loss of housing due to January’s Los Angeles wildfires, the cost of homeownership remains daunting, and the modest new construction has largely been completed, so there’s little new supply.
City watch
Look at the local results, ranked by price change. The biggest discounts are to the south.
Laguna Niguel: Off 4.1% to $2,977 in the year ended in September, following a 1.4% drop in the previous 12 months.
Rancho Santa Margarita: Off 1.2% to $2,729 vs. a 3.5% gain in the previous 12 months.
Mission Viejo: Off 0.8% to $2,911 vs. a 0.4% gain in the previous 12 months.
Fullerton: Up 0.2% to $2,386 vs. a 2.2% gain in the previous 12 months.
Lake Forest: Up 0.5% to $3,226 vs. a 0.5% drop in the previous 12 months.
Huntington Beach: Up 0.9% to $2,536 vs. a 2% gain in the previous 12 months.
Anaheim: Up 1% to $2,295 vs. a 0.2% gain in the previous 12 months.
Brea: Up 1% to $2,557 vs. -0.3% drop in the previous 12 months.
Orange: Up 1.1% to $2,525 vs. a 1.8% gain in the previous 12 months.
Irvine: Up 1.2% to $3,097 vs. a 0.6% gain in the previous 12 months.
Aliso Viejo: Up 1.4% to $3,007 vs. a 2.7% gain in the previous 12 months.
Newport Beach: Up 3.9% to $3,351 vs. a 3.4% drop in the previous 12 months.
Costa Mesa: Up 4% to $2,603 vs. a 0.6% drop in the previous 12 months.
Santa Ana: Up 4.4% to $2,293 vs. a 1.1% drop in the previous 12 months.
Big picture
Countywide, rents rose 1.4% to $2,576, compared with a 0.2% gain in the previous 12 months.
Mildly rising rents are also a statewide issue. California rents increased by 1.3% over the past year to $2,198, compared with a 0.4% decline in the previous 12 months.
It’s a slightly different story nationally where rents fell 0.8% to $1,394 over the past year, compared with a 0.7% decline in the previous 12 months.
Jonathan Lansner is the business columnist for the Southern California News Group. He can be reached at [email protected]
Related Articles
Home prices fall in 42% of OC in August. How did your ZIP do? Historic 4-acre Pasadena estate by All Saints Church architects seeks $11M Quiz: Test your Southern California home price knowledge Real estate news: Intergenerational housing for seniors, young adults coming to Santa Ana HOA Homefront: Vote failed on amending CR&Rs, now what?Related Articles
Irvine Co. has new plan for apartments, with 12,000 units in the works statewide Where is Southern California’s hardest spot to find an apartment? These Southern California cities have falling rents Deadline looms for Newsom to decide on protecting renters if Social Security benefits are delayed Is it better to rent or own in California? That depends.Hence then, the article about orange county rent bargains are hard to find was published today ( ) and is available on The Orange County Register ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Orange County rent bargains are hard to find )
Also on site :
- Road over canal in Penkridge closed as bridge reportedly collapses
- Disneyland Paris New Year’s Eve Fireworks Live Stream 2025–2026: Watch Here
- Police and air ambulance attend 'medical emergency' incident in Stourbridge