Real Estate Investing in Newport Beach, California (92657)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92657 (Newport Beach, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.1% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 78.0 — hard to cash-flow at these prices.
What’s happening in Newport Beach, CA (92657)?
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Market Analysis: 92657 Newport Beach
Turning to rents, ZIP 92657 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $5.6M median. It rewards specialists, not generalists.
For an experienced owner, 92657 can be a a viable market for hunting ground — but the discount at $5.6M reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Newport Beach have seen price recovery that 92657 has not matched. Orange County data supports the view that the spread is structural rather than temporary.
A solid renter share of 27% in 92657 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Newport Beach:
Property Strategy for 92657
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $1,648,644 | $4,630 | 2.0% | +11.0% | $824,322 |
| 3BR | $3,237,323 | $6,280 | 1.4% | +13.0% | $1,079,108 |
| 4BR | $5,407,506 | $7,510 | 1.0% | +13.4% | $1,351,876 |
| 5BR | $10,972,281 | — | — | +13.1% | $2,194,456 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92657 Compare?
| Metric | 92657 | Newport Beach | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $5,625,817 | $4,226,388 | N/A | $761,003 |
| 5-Year CAGR | 11.6% | 9.8% | N/A | 5.7% |
| Avg Rent | $6,013 | $5,657 | N/A | - |
| Cap Rate | 0.8% | 1.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 92657 (Newport Beach, CA). Anonymous, moderated, never written by AI.
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Property managers serving Orange County
Manage rentals here? List your business →Action Property Management is an HOA management company serving various community types including large scale, high rise, new development, condos, and hotel residential. summary from their website
Affinity Property Management, Inc. provides world-class service in property management, adapting to client needs and offering solutions for owners and tenants. summary from their website
Aperto Property Management, Inc. aims to maximize real estate asset value and achieve investment goals through vision, professionalism, and personal service. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $5,625,817 |
| Monthly Rent | $6,013 |
| Price-to-Rent | 78.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.3% |
| Cap Rate | 0.8% |
| 5-Year IRR | 12.4% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +9.3% ▲ |
| 5-Year CAGR | +11.6% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 Rent Trends
| 1-Year | -16.7% ▼ |
| 3-Year CAGR | -1.8% ▼ |
| 5-Year CAGR | +2.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (0.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 92657
Population: 10,224
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 92657
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Abraham Lincoln Elementary
Harbor View Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 10,130 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Newport Beach, CA?
The 3.0/5 investability rating in Newport Beach, CA reflects its $5.6M prices and $6,013/mo rents. Investors generally consider it a solid option within CA.
What monthly rent should investors expect in Newport Beach, CA?
Rental rates in Newport Beach, CA average $6,013/mo. Tenant demand and $5.6M home values make the yield look reasonable by investor standards.
Are eviction rules reasonable in Newport Beach, CA?
For rental operators, Newport Beach, CA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
What investment strategy works best in Newport Beach, CA?
In Newport Beach, CA the significant play is typically careful cash-flow rentals with hands-on management. The combination of $5.6M prices and $6,013/mo rents suits that approach.
How high is vacancy risk in Newport Beach, CA?
Vacancy risk in Newport Beach, CA is elevated. That supports even-keeled cash flow for typical rental holds.
You know 92657 now. You don’t know where it ranks.
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How 92657 ranks in Los Angeles-Long Beach-Anaheim, CA
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