Median rent for residential apartments in as of Aug, 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.
650 Newport Beach, CA, USA apartments for rent
Newport Beach
Newport Beach, CA has a population of 86,793, while the median age is 46.7. The household income in Newport Beach, CA is around $119,379. The homeownership rate among the residents is 57. The median residential property value in Newport Beach, CA that you should keep in mind is $1,695,700.
| Population | 86,793 |
| Median Age | 46.7 |
| Poverty Rate | 6% |
| Household Income | $119,379 |
| Number Of Employees | 43,305 |
| Median Property Value | $1,695,700 |
Business & Economy
Wage by Common Jobs
Average salary in Newport Beach, CA: $52,841
- 1. Miscellaneous managers$110,734
- 2. Registered nurses$90,863
- 3. Elementary & middle school teachers$63,230
- 4. Firstline supervisors of retail sales workers$58,790
- 5. Secretaries & administrative assistants$46,912
Highest Paid Occupations
Numbers claim that the highest paid jobs in Newport Beach, CA are Legal Occupations, Management Occupations, Health Diagnosing & Treating Practitioners & Other Technical Occupations, Management, Business, Financial Occupations and Healthcare Practitioners & Technical Occupations.
Highest Paid 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 highest paid industries are Finance & Insurance, Utilities, Manufacturing, Finance & Insurance, Real Estate & Rental & Leasing and Wholesale Trade.
Demographics
Race & Ethnicity
According to latest census, Newport Beach, CA is a home for 86 white residents. The second common group is asian with 8 residents. The list of the most common racial or ethnic groups is closed by other with 3 residents.
Non-English Speakers
Education
Past year Newport Beach, CA universities awarded around 3,391,400 degrees. Statistics show that the population of students in Newport Beach, CA includes 1,695,700 female students and 1,695,700 male students. Newport Beach, CA offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Interior Designers Institute with the majority of graduates. The share of the public colleges in Newport Beach, CA is 97.8 and 100 go to the private colleges.
Universities
- 1. Interior Designers Institute55 graduates
Public vs Private
- Public100%
- Private97.8%
Health and Safety
Patient to Clinical Ratios
Primary care physicians in Newport Beach, CA see an average of
| 923 | patients, dentists |
| 441 | patients, metal health providers |
| 2048 | patient and other healthcare providers |
| 1053 | patients pet year |
Transportation
Commute Time
Average travel time: 22.48 minutes
- USA
- Newport Beach, CA
Commuter Transportation
Citizens of Newport Beach, CA travel to their offices around 22.48 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: $8,846 (+16.4%)
| Rent Price | Aug | vs Last Month |
|---|---|---|
| 1 bed apartments | $2,286 | +3% |
| 2 bed apartments | $4,151 | +7.6% |
| 3 bed apartments | $8,012 | -4.1% |
| 4+ bed apartments | $17,198 | +24.4% |
Over the Aug 2020, the average rent for an apartment in/near Newport Beach, CA increased by 16.4% to $8,846.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 3% to $2,286. Pricing for 2-bed apartment also increased by 7.6% and a place of this size will now cost you $4,151. 3-bed apartment rent pricing starts at $8,012, it decreased by 4.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 24.4% and made it up to $17,198.
| Rent Type Price | Aug | vs Last Month |
|---|---|---|
| House rentals | $15,711 | +17.5% |
| Condo rentals | $5,950 | -5.9% |
| Apartment rentals | $3,574 | +14.4% |
| Townhouse rentals | $5,337 | +0% |
| Duplex rentals | $5,787 | +6.7% |
| Loft rentals | $5,511 | -9.9% |
| Room rentals | $1,266 | -1% |
The median rent for an apartment in Newport Beach, CA increased by 14.4% to $3,574. Statistics show that house rent price increased by 17.5% this month making it up to $15,711. Condos faced an upward trend these days. The median rent for a condo decreased by 5.9%, it’s now available for $5,950. You can now rent a duplex for $5,787, duplex rent price increased by 6.7% this month. The median rent for a loft faced changes as well, it decreased by 9.9%, the price tag now starts at$5,511. An average room will now go for $1,266, the median rent price for a room decreased by 1%. The median rent for a townhouse increased by 0%, you’ll have to spend around $5,337 to get one.
Rent vs Own
- Rent57%
- Own43%
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