NEWPORT BEACH-CORONA DEL MAR, CA — Residence costs in the US have risen dramatically in giant swaths of the nation, however the identical can’t be mentioned for all leases.
Whereas rents for single-family houses have skilled massive will increase as renters and patrons compete for a similar restricted amount of houses available on the market, condo rents have not elevated as swiftly.
In Newport Seashore-Corona Del Mar, the honest market lease estimate for a one-bedroom rental property in ZIP code 92625 elevated from $2,480 in fiscal yr 2020 to $2,710 in fiscal yr 2021, whereas a four-bedroom rental elevated from $4,970 to $5,340. Fiscal yr 2021 runs from October 2020 to the tip of September 2021.
