Lake Forest, Orange County, CA Rental Market Trends
Last updated: April 08, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lake Forest is $2,840, a 0.08% decrease compared to the previous year, when the average rent was $2,842.
One-bedroom apartments provide 729 square feet for $2,520, balancing privacy and affordability.
Two-beedroom units at $3,115 offer 1,040 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,406 sq ft) for $4,113, suitable for larger households.
Average rent in Lake Forest, Orange County, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,840 | 892 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,520 | 729 sq. ft. |
| 2 Beds | $3,115 | 1,040 sq. ft. |
| 3 Beds | $4,113 | 1,406 sq. ft. |
Lake Forest, Orange County, CA rent trends
Rental prices in Lake Forest, Orange County, CA have decreased by 0.08% over the past year. The average rent moved from $2,842 to $2,840.
What's the typical rent budget in Lake Forest, Orange County, CA?
The largest share of rentals in Lake Forest, Orange County, CA (38%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lake Forest, Orange County, CA?
8,995 or 30% of the households in Lake Forest, Orange County, CA are renter-occupied while 21,471 or 70% are owner-occupied.
How Lake Forest Compares to Other Cities
| City | Average Rent |
|---|---|
| Lake Forest | $2,840 |
| Los Angeles | $2,736 |
| San Francisco | $3,724 |
| East Bay | $2,661 |
| San Diego | $2,960 |
| Long Beach | $2,672 |
| Sacramento | $1,873 |
| San Jose | $3,120 |
| Oakland | $2,600 |
| Tulare | $1,667 |
| Santa Monica | $3,695 |
| Riverside | $2,229 |
| Anaheim | $2,476 |
| Murrieta, CA | $2,370 |
| Santa Ana, CA | $2,728 |
| Fullerton, CA | $2,535 |
| Costa Mesa, CA | $2,842 |
| Huntington Beach, CA | $2,820 |
| Orange, CA | $2,795 |
| Newport Beach, CA | $3,721 |
| Irvine, CA | $3,248 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lake Forest apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.