Apartments for Rent in Northwood, Irvine, CA

Northwood, Irvine apartment availability

Northwood's rental market offers a strong selection of listings, with an average of 71 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, with the latter being the most prevalent. Many Northwood apartments offer desirable amenities, including outdoor spaces, garage parking, and swimming pools, which are available in approximately 73%, 49%, and 68% of rentals, respectively. This combination of variety and amenities makes Northwood an attractive option for renters seeking a comfortable and convenient living experience in Irvine.

Northwood, Irvine rental market trends

Northwood, Irvine's rental market has experienced a notable shift in 2024, with average monthly rents decreasing by 5.8% year-over-year to $3,708. This trend is reflected across various bed counts, with 1-bedrooms seeing a 4.3% drop to $2,449 and 3-bedrooms decreasing by 1.9% to $4,217. However, 2-bedrooms have remained relatively stable, with a slight 0.2% increase to $3,070.

The most expensive month to rent in Northwood is September, with prices 22% higher than in June, the least expensive month. This significant difference presents an opportunity for renters to find more affordable options during the summer months. With more units available than demand in June, renters may have a better chance of securing a deal. In contrast, September's peak prices and higher demand may make it more challenging to find a suitable rental property.

Why Northwood, Irvine is a great place to live

Northwood, Irvine is a neighborhood that seamlessly aligns with the lifestyles and interests of its residents. Our analysis of local amenities and attractions reveals that this area is particularly well-suited for pet owners and those who value an active social life.

For pet owners, Northwood offers a range of pet-friendly features, including designated pet spaces, pet-safe windows, and regular pet events. The absence of breed restrictions and availability of outdoor spaces further enhance the pet-owning experience.

Residents seeking a vibrant social life will appreciate Northwood's pedestrian-friendly infrastructure, frequent transit options, and shared community spaces. The neighborhood's strong safety record and high walk score also contribute to its appeal for those who enjoy exploring local attractions and connecting with others. Overall, Northwood is an excellent choice for those seeking a community that supports both pet ownership and social connection.