Home prices
The median home in Newport Beach is valued at $1,898,900. This is about $1,042,840 (121%) higher in comparison to its surrounding areas.It is roughly $1,681,400 (773%) higher in comparison to the rest of the nation, and is approximately $1,262,000 (198%) higher in comparison to the city of Los Angeles.
Rents
The median rent in Newport Beach is $2,251 a month. This is about $145 (6%) higher compared to nearby areas.It is approximately $1,189 (111%) higher in comparison to the entire country, and compared to the city of Los Angeles is approximately $801 (55%) higher.
Nearby places
Costa Mesa
Costa Mesa is Newport Beach's neighbor to the northwest. The real estate prices there are a lot less expensive. The median home in Costa Mesa is valued at $749,400, which is $1,149,500 (153%) lower than Newport Beach. Rents there are a bit less expensive. The median monthly rent in Costa Mesa is $1,857, which works out to $394 (21%) lower than Newport Beach.
Irvine
Irvine is Newport Beach's neighbor to the northeast. Its real estate prices are substantially less expensive. The median home in Irvine is valued at $838,000, which comes out to $1,060,900 (126%) lower than Newport Beach. The rent there is similar. The median monthly rent in Irvine is $2,361, which comes out to $110 (4%) higher than Newport Beach.
Laguna Woods
Laguna Woods is approximately 6 miles east of Newport Beach. Its real estate prices are a lot less expensive. Laguna Woods's median home price is $288,400, which is $1,610,500 (558%) lower than Newport Beach. The rent there is somewhat less expensive. Laguna Woods's median rent is $1,755 a month, which works out to $496 (28%) lower than Newport Beach.
Laguna Beach
Laguna Beach is approximately 7 miles southeast from Newport Beach. Real estate prices there are somewhat less expensive. The median home in Laguna Beach is valued at $1,771,600, which comes out to $127,300 (7%) lower than Newport Beach. Rent there is similar. In Laguna Beach the median monthly rent is $2,299, which is $48 (2%) higher than Newport Beach.
Aliso Viejo
Aliso Viejo is about 7 miles east from Newport Beach. The real estate prices there are substantially less expensive. The median home in Aliso Viejo is valued at $632,900, which works out to $1,266,000 (200%) lower than Newport Beach. Its rents are similar. In Aliso Viejo the median monthly rent is $2,258, which is very similar to Newport Beach.
