City Report · CA

Rancho Mission Viejo

Pop. 11,971·61st most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$3,750/mo
Year-over-Year
-3.2%
Month-over-Month
-2.7%
vs US Median
+$1,788
Falling (Monthly)
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Most AffordableMost Expensive
Rancho Mission Viejo · $3,750
More expensive than 97% of US cities · National median $1,962/mo
Rent Reality Score
60/100
Good value
OverheatedFairGreat value

Rents are 5% below what Rancho Mission Viejo's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$3,750/mo
Expected by trend
$3,950/mo
The Rent Reality Score compares today's median rent to where Rancho Mission Viejo's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,715
1 BR
$2,553
2 BR
$3,501
3 BR
$3,501
4 BR+
$3,501
Fair Market Rent (HUD)
$3,501/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,750 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$45,000/yr
At $3,750/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 3.2% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-3.2% YoY, -2.7% MoM), not inventory.
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Demographics

Who lives here

Rancho Mission Viejo, CA is majority owner-occupied, has a large share of families with children, has a median income above the national average, 62.9% of residents hold a bachelor's degree or higher.

Population
11,971
Median income
$192,813
Median age
37.4
Renters
24.1%
Age distribution
28.9%
15.9%
27.1%
17.7%
Under 1828.9%
18–3415.9%
35–5427.1%
55–6410.5%
65+17.7%
Gender
43.4%
56.6%
Male43.4%
Female56.6%
Race & ethnicity
72.8%
13%
White72.8%
Hispanic7.6%
Asian13%
Other6.2%
Education (25+)
26.1%
62.9%
No HS diploma1.7%
HS diploma9.4%
Some college26.1%
Bachelor's+62.9%
Housing tenure
75.9%
24.1%
Owner75.9%
Renter24.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Rancho Mission Viejo, CA has changed in 5 years

Rent
$3,591 → $3,750
up 4.4%
Income
$152,989 → $192,813
up 26.0%
Population
9,298 → 11,971
up 28.7%
Renter share
18.6% → 24.1%
+5.5 pts
Bachelor's+
65.2% → 62.9%
-2.3 pts
Median age
36.6 → 37.4
+0.8 yrs

Since 2022, the typical rent in Rancho Mission Viejo, CA has climbed from $3,591 to $3,750, a 4.4% change over five years. Household income in the area moved from $152,989 to $192,813 across the same window, up 26.0% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 28.7% since 2021, moving from about 9,298 residents to roughly 11,971. Renters now make up 24.1% of households, compared with 18.6% five years ago. College-educated residents now make up 62.9% of adults here, versus 65.2% in 2021. Reading these numbers side by side helps frame whether current listings in Rancho Mission Viejo, CA look reasonable against where the market sat half a decade ago.

Community

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View Rancho Mission Viejo rent history (2015–2026) →
Salary vs rent

Can you afford rent in Rancho Mission Viejo on your salary?

At $3,750/mo, how Rancho Mission Viejo rent compares to typical pay (30% rule).

By apartment size

Rancho Mission Viejo rent by bedroom count

Median rent for each apartment size in Rancho Mission Viejo. Click any size for full breakdown.

Local insights

Tips for renters in Rancho Mission Viejo

About renting in Rancho Mission Viejo, CA

Last updated: August 17, 2026

The median rent in Rancho Mission Viejo is $3,750/mo as of August 2026. A studio apartment averages $2,715/mo while a 2-bedroom runs $3,501/mo. One-bedroom apartments average $2,553/mo and 3-bedroom units go for $3,501/mo.

At 23% of local median household income ($192,813/yr), Rancho Mission Viejo ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.2% over the past year.

FAQ

Frequently asked questions

Is Rancho Mission Viejo an affordable city for renters?

Rancho Mission Viejo is considered very affordable for renters. At $3,750/mo, rent takes approximately 23% of the local median household income ($192,813/yr). The standard benchmark is 30%. Rancho Mission Viejo falls comfortably within that range.

How much income do you need to rent in Rancho Mission Viejo?

To keep rent at or below 30% of gross income, you would need to earn at least $150,000/year (~$72/hour full-time) to afford the median rent of $3,750/mo in Rancho Mission Viejo. The local median household income is $192,813/yr, meaning the typical Rancho Mission Viejo household meets that threshold.

Is rent going up or down in Rancho Mission Viejo?

Rent in Rancho Mission Viejo has decreased 3.2% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Rancho Mission Viejo rent compare to other cities in California?

Rancho Mission Viejo is one of the pricier cities in California for rent, ranking #61 out of 381 tracked cities at $3,750/mo.

Which nearby cities are cheaper to rent in than Rancho Mission Viejo?

Several nearby cities have lower median rents than Rancho Mission Viejo ($3,750/mo): Rancho Santa Margarita ($2,912/mo), San Clemente ($3,420/mo).

What percentage of Rancho Mission Viejo residents rent vs. own?

According to Census data, approximately 24.1% of Rancho Mission Viejo households are renters, while 75.9% are owner-occupied. Rancho Mission Viejo leans toward homeownership, which can mean a smaller rental inventory.

How does Rancho Mission Viejo rent compare to the national average?

Rancho Mission Viejo's median rent of $3,750/mo is $1,788 (91%) above the US national median of $1,962/mo. Within California, it ranks #61 out of 381 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $3,750/mo, rent takes ~23% of Rancho Mission Viejo's median household income ($192,813/yr). The standard benchmark is 30%.

Rancho Mission Viejo 23%Benchmark 30%
State income tax1–13.3%
Run the Rancho Mission Viejo affordability calculator →
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Neighborhoods

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Public schools near Rancho Mission Viejo, CA

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