Last updated
Average Rent in Irvine 92705 & Rent Trends
Rent prices and market trends across 1 apartment community in Irvine 92705, Irvine, CA. Updated daily.
Market Average
$5,119/mo
▼ 5.1% from last month
Lowest Available
$5,088/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
3
available now
Irvine 92705 vs Irvine, CA Average
Irvine 92705 is more expensive the Irvine, CA average by $1,862/mo (57%). The citywide average is $3,257/mo across all neighborhoods.
Is Rent Going Up or Down in Irvine 92705?
As of May 2026, the average rent in Irvine 92705 is $5,119 per month across 1 apartment community and 3 available units. Rents have decreased $179 (5.1%) over the past month.
The most affordable option is The Row at Red Hill starting at $5,088/mo. By unit type, a 3-bedroom averages $5,119/mo.
Prices range from $5,088 to $5,148 per month. The most common price point is the $5,000 range, where 3 units are currently listed.
Irvine 92705 Rent Price History
Rent by Bedroom Type in Irvine 92705
Rent Prices by Apartment in Irvine 92705
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Row at Red Hill | $5,088/mo | $5,119/mo | 3 | 4.5 |
Google Search Trends for Irvine 92705 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Irvine 92705
What is the average rent in Irvine 92705?
Is rent going up or down in Irvine 92705?
What is the cheapest apartment in Irvine 92705?
How many apartments are available in Irvine 92705?
What salary do I need to live comfortably in Irvine 92705?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$205,000/year
30 percent rule -- using our average rent of $5,119/mo.
Comfortable income
$246,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($5,088/mo), you need to earn at least $204,000/year.
Median household income in Irvine 92705 is $129,647 , about 47% below the comfortable-living threshold.
Cost of living in Irvine 92705
Overall prices in Irvine 92705 runs above the national average by about 15% (BEA Regional Price Parity index 114.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Irvine 92705's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $5,119 |
| Utilities | $744 |
| Groceries | $578 |
| Transportation | $1,773 |
| Healthcare | $865 |
| Other goods and services | $1,384 |
| Estimated total | $10,463/mo |
Population
308,160
Median household income
$129,647
Census median rent
$2,893/mo
Rent as % of income
31.0%
Median age
33.9
Mean commute
24 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Irvine 92705 Apartments
Browse all 1 communities with daily-updated pricing and availability.