Median rent for residential apartments in as of Feb, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
431 Newport Beach apartments for rent
Newport Beach
Newport Beach, CA has a population of 86,813, including 82% white, 9% latino, and 8% asian.
| Population | 86,813 |
| Median Age | 45.6 |
| Poverty Rate | 7% |
| Median Income (Household) | $115,845 |
| Number Of Employees | 42,620 |
| Median Property Value | $1,584,900 |
City Overview
The median household income in Newport Beach, CA is around $115,845, while the median age is 45.6. This city is a home to major universities: Associate's Colleges: High Transfer-High Nontraditional, Associate's Colleges, and Coastline Community College. 42,620 employees work in Newport Beach, CA. The homeownership rate among the residents is 55.91%. The median property value that you should keep in mind is $1,584,900.
Business & Economy
Wage by Common Jobs
Average salary: $41,698
- 1. Elementary & middle school teachers$60,669
- 2. Secretaries & administrative assistants$44,501
- 3. Retail salespersons$44,018
- 4. Nursing, psychiatric, & home health aides$32,981
- 5. Cashiers$26,321
Employment by Occupations
Numbers claim that the employment rate in Newport Beach, CA changed by 0%, so let’s see what are the most common job groups in this area. People of Newport Beach, CA prefer to work in Management, Sales and Business & Financial Operations.
Employment by Industries
Keeping in mind that the employment rate changed by 0% recently, there must be a strong understanding of industries people of Newport Beach, CA work in. The most common industries are Professional, Scientific, Tech Services, Healthcare & Social Assistance and Manufacturing. Please note that not all the residents of Newport Beach, CA work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Newport Beach, CA is a home for 82% white residents. The second common group is latino with 9% residents. The list of the most common racial or ethnic groups is closed by asian with 8% residents.
Non-English Speakers
Education
Past year Newport Beach, CA universities awarded around 8,061 degrees. Statistics show that the population of students in Newport Beach, CA include 1,689 male students and 998 female students. Newport Beach, CA offers private and public tuition with a median cost of $0 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Coastline Community College with the majority of graduates. The Interior Designers Institute and n/a hold the second and the third place respectively. The share of the public colleges in Newport Beach, CA is 97.8% and 2.2% go to the private colleges.
Universities
- 1. Coastline Community College2,628 graduates
- 2. Interior Designers Institute59 graduates
Public vs Private
- Public2.2%
- Private97.8%
Health and Safety
The age groups that most likely have the health care coverage in Newport Beach, CA are 6-17 years old for men and 6-17 years old for women. Newport Beach, CA offers a 95 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 105 to 1, speaking of mental health doctors ratio, it’s 212 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 95 |
| Dentists | 1 to 105 |
| Mental Health | 1 to 212 |
| Other | 1 to 45 |
Transportation
Commute Time
Average travel time: 22.04 minutes
- USA
- Newport Beach, CA
Commuter Transportation
The workers of Newport Beach, CA traveled to their offices around 22.04 minutes lately and drove alone to get there. The rest of the residents worked at home and carpooled.
- USA
- Newport Beach, CA
Housing Trends
Newport Beach, CA, USA Housing Trends
Average rent in Newport Beach: $6,854 (+6.9%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,708 | -8.8% |
| 2 bed rentals | $3,946 | +0.6% |
| 3 bed rentals | $6,459 | +3.8% |
| 4+ bed rentals | $11,981 | +13.4% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| House rentals | $10,591 | +6.6% |
| Apartment rentals | $2,851 | -5.6% |
| Condo rentals | $5,472 | +5% |
| Room rentals | $1,205 | -2% |
| Townhouse rentals | $4,750 | +5.1% |
| Duplex rentals | $4,356 | -11.5% |
| Loft rentals | $4,250 | +9.7% |
Over the Apr 2020, the average rent for an apartment in/near Newport Beach, CA increased by 6.5% to $6409. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 8.8% to $1708. Pricing for 2-bed apartment also increased by 0.6% and a place of this size will now cost you $3924. 3-bed apartment rent pricing starts at $6224, it increased by 3.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 11.8% and made it up to $10568.
The median rent for an apartment in Newport Beach, CA decreased by 5.9% to $3019. Statistics show that house rent price increased by 6.6% this month making it up to $10591. Condos faced an upward trend these days. The median rent for a condo increased by 4.8%, it’s now available for $5210. You can now rent a duplex for $4922, duplex rent price decreased by 13% this month. The median rent for a loft faced changes as well, it increased by 8.9%, the price tag now starts at $3873. An average room will now go for $1205, the median rent price for a room decreased by 2%.
Rent vs Own
- Rent56%
- Own44%
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