Newport Beach attracts visitors year-round whether they come to take a vacation or are traveling on business. Newport's prime location makes it a practical stop for many Southern California visitors. Business travelers or companies may rent a home within the city because it is close to John Wayne airport, providing easy transportation in and out of the state. Leisure travelers will love the city's many amenities, including numerous shopping, dining and water activities. Like any other city, you should negotiate a rental agreement before deciding upon the house you want to rent in Newport Beach.
In addition to the actual accommodations, many Newport Beach rental properties have a few added benefits, including close proximity to the ocean, beachfront dining options and docks. Some also come with their own dock or harbor space, which is ideal for people who have or want to rent a boat, jet ski or other watercraft.
There are many rental homes available year-round in the Newport Beach area. With its close proximity to Irvine and its large corporate culture, there are many corporate housing options within the city. Its beachside location also makes it ideal for vacation rentals and people who are in between permanent homes. Because most rental fees are significantly less than what a mortgage payment would be in Newport Beach, many couples, especially young professionals and empty nesters, choose to rent a Newport home rather than purchase one. Renters should also decide what neighborhood of Newport they want to live in. There is Newport Center, Newport Heights, West Bay, West Newport, Balboa Island, Balboa Peninsula and Backbay, among others.
Homes that are for rent in Newport Beach can range quite a bit in size and price, though you're not likely to find even a small home for a reasonable price. Small one or two bedroom homes of less than 500 square feet can begin at around $3,000 a month, and if you want to rent them by the rate can hover around $1,000, if not more, for a small unit. A large home of 4,000 square feet with four or five bedrooms located in a premier neighborhood can run $9,000 to $10,000 a month or more, with security deposits equaling one or month's rent.
There are many rental companies, not to mention private residents, that provide vacation and other temporary rentals to potential leasees in the Newport Beach area. Westside Rentals, Value Vacation Rentals and Newport Rentals all list multiple properties within the city limits. Local area brokers may also offer homes for rent for a longer term than the average vacation may warrant if a certain property sits on the market for an extended period of time.
