Reno market rental trends report
Over the past 3–6 months in Reno’s rental market, average asking rents have continued to trend modestly upward, with multi‑year data showing rent...
Over the past 3 to 6 months, Irvine rents have continued a modest upward trend, generally increasing around 1–3%, as demand has remained strong into early 2026. This growth is driven by consistent demand for professionally managed, amenity-rich apartments, Irvine’s strong employment base, and limited new supply relative to demand. While new developments have added some inventory, they have not been sufficient to significantly ease pricing pressure. Overall, the market remains balanced but firm, with steady, controlled rent growth rather than sharp increases. As of Q1 2026, the median rent in Irvine is approximately $2,800 per month.

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(Data sourced from Apartments.com)
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