Last updated
Average Rent in Mission Viejo 92692 & Rent Trends
Rent prices and market trends across 2 apartment communities in Mission Viejo 92692, Lake Forest, CA. Updated daily.
Market Average
$2,850/mo
Lowest Available
$2,352/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
44
available now
Price Cuts This Week in Mission Viejo 92692
24 listed units across 2 buildings in Mission Viejo 92692 dropped their asking rent in the past 7 days, an average cut of $75/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Madrid Apartments | Unit 3X2 | $4,364 | $3,999 | $365 |
| Madrid Apartments | Unit 1X1 | $2,995 | $2,710 | $285 |
| Vista Del Lago Apartments | Unit 395 | $2,452 | $2,352 | $100 |
| Vista Del Lago Apartments | Unit 121 | $2,459 | $2,409 | $50 |
| Vista Del Lago Apartments | Unit 129 | $2,503 | $2,453 | $50 |
| Vista Del Lago Apartments | Unit 130, Aliso | $2,503 | $2,453 | $50 |
| Vista Del Lago Apartments | Unit 140 | $2,522 | $2,472 | $50 |
| Vista Del Lago Apartments | Unit 147 | $2,503 | $2,453 | $50 |
Mission Viejo 92692 vs Lake Forest, CA Average
Mission Viejo 92692 is cheaper than the Lake Forest, CA average by $187/mo (6%). The citywide average is $3,037/mo across all neighborhoods.
Is Rent Going Up or Down in Mission Viejo 92692?
As of August 2026, the average rent in Mission Viejo 92692 is $2,850 per month across 2 apartment communities and 44 available units.
The most affordable option is Vista Del Lago Apartments starting at $2,352/mo. By unit type, a 1-bedroom averages $2,497/mo, a 2-bedroom averages $3,234/mo, a 3-bedroom averages $3,999/mo.
Prices range from $2,352 to $3,999 per month. The most common price point is the $2,400 range, where 19 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Mission Viejo 92692
Rent Prices by Apartment in Mission Viejo 92692
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Vista Del Lago Apartments | $2,352/mo | $2,783/mo | 36 | 4.6 |
| Madrid Apartments | $2,710/mo | $3,150/mo | 8 | 4.6 |
Frequently Asked Questions About Rent in Mission Viejo 92692
What is the average rent in Mission Viejo 92692?
Is rent going up or down in Mission Viejo 92692?
What is the cheapest apartment in Mission Viejo 92692?
How much is a 1-bedroom apartment in Mission Viejo 92692?
How many apartments are available in Mission Viejo 92692?
What salary do I need to live comfortably in Mission Viejo 92692?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$114,000/year
Based on the 30 percent rule, using our tracked average rent of $2,850/mo.
Comfortable income
$137,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,352/mo), you need to earn at least $94,000/year.
Cost of living in Mission Viejo 92692
We only have live rent data for Mission Viejo 92692 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,850 |
| Estimated total | $2,850/mo |
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 are refreshed annually.
Google Search Trends for Mission Viejo 92692 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Mission Viejo 92692 Apartments
Browse all 2 communities with daily-updated pricing and availability.