Average apartment rents in Orange County, California, increased by 3.8% in 2023 overall, rising at a quicker pace than they did in 2022. High-quality, Class A apartments led the charge with a 4.2% increase, while Class B apartment rents rose 3.6% and rents for lower-quality Class C apartments increased by 2.9%.
Apartment Rent Growth Reaccelerates in Orange County
Irvine, Tustin and Newport Beach Rents See Increases of Between 6% to 7%
CoStar Analytics
January 3, 2024 | 5:25 P.M.
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