Promenade at Irvine Spectrum
1100 Perlita,
Irvine, CA 92618
Studio - 2 Beds | $2,585 - $5,430
Rental Market Trends in Irvine, CA
What is the average rent in Irvine, CA?
$2,896/month
Average Rent
787 Sq Ft
Average Apartment Size
-2.7%
Decrease in the Last Year
As of December 2024, the average rent in Irvine, CA is $2,896 per month. This is 86% higher than the national average rent price of $1,560/month, making Irvine one of the most expensive cities in the US. When you rent an apartment in Irvine, you can expect to pay about $2,755 per month for a studio, $2,896 for a one-bedroom apartment, and around $3,530 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,393 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Irvine, CA?
In the past year, rent has decreased by 2.7%, which averages out to $77 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Irvine, CA
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
100%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Irvine?
Based on current rent prices, Northwood, El Camino Real and Rancho San Joaquin are the most affordable neighborhoods in Irvine.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Irvine?
Based on current rent prices, Turtle Ridge, Orchard Hills and Irvine Spectrum are the most expensive neighborhoods in Irvine.
Neighborhood
Average Rent
Average Sq Ft
Which Irvine neighborhoods have the most rentals available?
The neighborhoods in Irvine with the most apartments available are Irvine Business Complex, Irvine Spectrum and Lower Peters Canyon .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Irvine, CA?
Because the average rent in Irvine is $2,896, you’ll want to make about $9,653 per month or $115,836 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Irvine, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Irvine, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$2,559/month
$3,133/month
Two Bedroom
$3,170/month
$4,101/month
Three Bedroom
$4,043/month
-
Nearby City Rent Trends
Apartment communities in Irvine we think you'll love
Property Management Companies in Irvine, CA
Irvine Company
-
98
Communities
-
55,255
Units
-
17
Cities
62 Communities in Irvine
Greystar
-
3,191
Communities
-
884,510
Units
-
829
Cities
10 Communities in Irvine
Equity Residential
-
184
Communities
-
59,208
Units
-
82
Cities
4 Communities in Irvine
Legacy Partners
-
35
Communities
-
8,782
Units
-
25
Cities
4 Communities in Irvine
AvalonBay
-
184
Communities
-
65,089
Units
-
124
Cities
3 Communities in Irvine
Essex
-
148
Communities
-
45,801
Units
-
66
Cities
2 Communities in Irvine
Prime Administration, LLC
-
41
Communities
-
18,059
Units
-
30
Cities
2 Communities in Irvine
Advanced Management Company
-
63
Communities
-
11,666
Units
-
28
Cities
2 Communities in Irvine
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.