Average Rent in Balboa Island, Newport Beach, CA and Rent Price Trends

Rent price trends in
Balboa Island, Newport Beach, CA

Rent price trends

Rent prices for all bedroom counts and property types in Balboa Island, Newport Beach, CA have remained the same in the last month and have decreased by 13% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Balboa Island, Newport Beach, CA
The monthly rent for an apartment in Balboa Island, Newport Beach, CA is $4,900. A 1-bedroom apartment in Balboa Island, Newport Beach, CA costs about $3,000 on average, while a 2-bedroom apartment is $4,850. Houses for rent in Balboa Island, Newport Beach, CA are more expensive, with an average monthly cost of $7,725.


1 bedroom	$3,000	1%	8%
2 bedroom	$4,800	No Change	83%
3 bedroom	$7,500	9%	31%
4 bedroom	$20,000	1%	65%
Studio	$2,195	No Change	-

		Comparables
Balboa Peninsula Point	$15,000
Big Canyon	$9,000
Central Newport Beach	$4,950
Lido Isle	$5,850
Newport Heights	$4,355
North Harbor View	$9,500


Apartments	$4,900	5%	No Change
Condos	$8,500	No Change	No Change
Houses	$7,725	4%	No Change

Studio

Average rent

$2,195

1 bedroom

Average rent

$3,000

Last 30 days

Last year

2 bedroom

Average rent

$4,800

Last 30 days

No Change

Last year

83%

3 bedroom

Average rent

$7,500

Last 30 days

Last year

31%

4 bedroom

Average rent

$20,000

Last 30 days

Last year

65%

The table above reflects average rent prices in Balboa Island, Newport Beach, CA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Balboa Island, Newport Beach, CA to other neighborhoods

Median rent prices in Balboa Island, Newport Beach, CA for all bedroom counts and property types compared to Balboa Peninsula Point, Newport Beach, CA.

Balboa Island

Median rent price$6,950

266%

higher than the national median

Median rent price$15,000

689%

higher than the national median

Takeaway

The median rent for all rentals in Balboa Island, Newport Beach, CA is 54% lower than the median rent in Balboa Peninsula Point, Newport Beach, CA.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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