Apartments for Rent in Northwood Point, Irvine, CA

Northwood Point, Irvine apartment availability

Northwood Point's rental market offers a good selection of listings, with an average of about 63 rentals available each month. The majority of rentals in this neighborhood are 3-bedroom apartments, followed by 2-bedroom and 1-bedroom options. Many apartments in Northwood Point feature popular amenities such as outdoor spaces, available in nearly 73% of rentals, and swimming pools, available in about 70% of rentals. Additionally, about 42% of apartments offer garage parking, providing convenience for residents with vehicles.

Northwood Point, Irvine rental market trends

The Northwood Point rental market in Irvine saw a slight decline in average rent prices, with a year-over-year decrease of 2.7%, averaging $5,585 per month across all bed counts and property types. However, 1-bedroom rentals experienced a 6.25% increase, reaching an average of $2,975 per month. The average rent for 2-bedrooms rose by 4.11% to $3,717, while 3-bedrooms saw a slight decrease of 1.47% to $4,532.

The summer months tend to see higher demand and prices in Northwood Point, with August typically having the highest rent, 16.5% higher than April, the month with the lowest rent. This trend suggests that renters may find better deals during the spring, while those looking to rent in the late summer can expect to pay a premium. Notably, the rental market for studios in Northwood Point has seen a significant shift, with a 100% decrease in average rent year-over-year.

Why Northwood Point, Irvine is a great place to live

Northwood Point is a prime neighborhood for renters who value a vibrant social life. According to 2024 data, the area's strong street infrastructure, high transit frequency, and excellent walk score make it an ideal spot for getting around and meeting up with friends. Additionally, the presence of shared spaces and emphasis on safety contribute to a sense of community, making Northwood Point a great choice for those who prioritize social living. With its unique blend of accessibility and communal atmosphere, Northwood Point stands out as a top neighborhood in Irvine for renters seeking a lively and connected lifestyle.