Marina del Rey, Newport Beach have region’s highest rents. Lowest? Try Highland – Orange County Register

Southern California’s most expensive city for renters was Marina del Rey last month, the massive yacht harbor ensconced between Venice Beach and Playa del Rey.

No. 2 and 3 on the list: Newport Beach and Irvine.

That’s the verdict of the online rental site,, in its September rent report.

The most economical places for renters last month were the cities of Highland and San Bernardino.

The average Marina del Rey two-bedroom apartment had an asking rent of $4,540 a month, ApartmentList reported. Newport Beach’s average two-bedroom had an asking rent of $2,760 a month, while Irvine’s rent was $2,090 a month.

A two-bedroom apartment in Highland, on the other hand, averaged a mere $1,010 a month, or less than a fourth the rent in Marina del Rey, but about 80 miles further from the beach.

The average two-bedroom rent in Highland’s neighbor, the city of San Bernardino, was $1,030 a month in September.

ApartmentList provided rent information for 53 Southern California cities.

The numbers are skewed somewhat higher since they reflect rents landlords charge new tenants. Existing tenants who have lived in their apartments awhile tend to pay less than newer neighbors.

Victorville had the fastest-rising apartment rent in the region last month. The average two-bedroom rent there was up 15.9 percent from the year before. But even after its rents rose to $1,320 a month,…

Read the full article at the Original Source..

Back to Top