How many apartments are available in Rancho San Joaquin on Rentable.co?

Rentable.co has over 33 apartments available near Rancho San Joaquin.

What is the average rent for a studio apartment in Rancho San Joaquin?

The average rent for a studio apartment near Rancho San Joaquin is around $2,619 per month.

What is the average rent for a one-bedroom apartment in Rancho San Joaquin?

The average rent for a one-bedroom apartment near Rancho San Joaquin is around $2,855 per month.

What is the average rent for a two-bedroom apartment in Rancho San Joaquin?

The average rent for a two-bedroom apartment near Rancho San Joaquin is around $3,685 per month.

How many apartments are available in Irvine, CA on Rentable.co?

Rentable.co has over 4,993 apartments available in Irvine.

What is the average rent for a studio apartment in Irvine, CA?

The average rent for a <a href='/irvine-ca/studio-apartments-for-rent' >studio apartment</a> in Irvine is around $2,580 per month.

What is the average rent for a one-bedroom apartment in Irvine, CA?

The average rent for a <a href='/irvine-ca/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Irvine is around $2,680 per month.

What is the average rent for a two-bedroom apartment in Irvine, CA?

The average rent for a <a href='/irvine-ca/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Irvine is around $3,390 per month.

How expensive is it to rent an apartment in Irvine, CA?

For a two-bedroom apartment in Irvine, the average rent price is $3,390 per month, which is higher than the national average of $1,620 per month.

Can I afford an apartment for rent in Irvine, CA?

Based on average rent prices in Irvine, to afford a <a href='/irvine-ca/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $103,000 to live comfortably.

Apartments in Rancho San Joaquin Irvine

Irvine:
May Rent Report

Welcome to the May 2024 Irvine Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Irvine rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Irvine and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Irvine average rent prices in the chart below.

Monthly Rent Report

$3,550

$2,660

$1,780

$890

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Irvine Rent Prices Decrease From April to May

Irvine rent prices decreased over the last month. From April to May, the city experienced a -0.93% decrease for the price of a one-bedroom apartment. The rent price for a Irvine one-bedroom apartments currently stands at $2,764.0.

When we take a look at the two-bedroom comparison from April to May, Irvine experienced a 0.09% increase for the price of a two-bedroom apartment. The rent price for a Irvine two-bedroom apartments currently stands at $3,476.0.

May Prices: Irvine vs. Surrounding Areas

Rent Prices in Irvine and Surrounding Areas

Rent prices have decreased in Irvine over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Irvine suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Irvine suburbs
Rents did not decrease in any of the Irvine suburbs.

May 2024 Pricing Trends: Irvine vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

Median Rent

Irvine Rent Prices More Affordable Than Major Cities

Rent growth in Irvine over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Irvine average rent prices appear to be relatively affordable for local residents.

The price for a Irvine one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Irvine and surrounding area rent prices, take a look at the complete data set below.

Data set for Irvine and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.