Cost of Living in Newport Beach, California

Newport Beach has a population of about 83,845. The median household income is $156,867, median gross rent is $3,316/month, and the median home value is $2,000,001. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.

How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.

Median Gross Rent $3,316/mo 100% above the national median
Median Home Value $2,000,001 434% above the national median
Median Household Income $156,867 87% above the national median
Population 83,845

Is Newport Beach expensive to live in?

Compared with the national median in this dataset, rent in Newport Beach is 100% above the national median and home values are 434% above the national median. Household income here is 87% above the national median. Monthly rent represents roughly 25% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Newport Beach?

The median gross rent in Newport Beach, California is $3,316 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home price in Newport Beach?

The median owner-occupied home value in Newport Beach is $2,000,001 in the 2020-2024 ACS 5-Year estimates.

How much do people earn in Newport Beach?

The median household income in Newport Beach is $156,867 per year in the 2020-2024 ACS 5-Year estimates.

Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.