54 rentals in Mission Viejo
Mission Viejo is a master-planned community centered around Lake Mission Viejo. Features excellent schools, safe neighborhoods, and private lake for residents.
Today, Mission Viejo has 54 homes for rent at a median rent of $5,200/mo, typically leasing in about 41 days. Families here choose from 15 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Rent
$4,500/mo
↑ 2.3% over the past yearMonths of Rental Inventory
Estimated time to lease all rentals at the current leasing pace
0.1 months of supply
Landlord's MarketWith only 54 active rentals, supply is tight.
What this means for renters
Rentals are leasing quickly—inventory is tight, competition is strong, and renters have limited room to negotiate. Rentals typically lease in ~41 days.
Rental Velocity
How fast rentals are leasing
Rentals are leasing at a steady pace—you have some time to decide, but good units still move. Leasing 63% faster than 6 months ago.
Approaching the point where renters gain more negotiating power.
Rental Inventory Distribution
Rentals are being leased quickly—most listings move within 30 days, signaling strong renter demand.
Housing Tenure in Mission Viejo
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
78%
Homeowners
22%
Renters
Homeownership is 22.5% higher than the California average (55.5%)
32,917 households (2023)
Affordability Snapshot
Typical rent
$5,200/mo
Median rent
Affordable budget (30%)
$3,402/mo
Based on median income
Median household income
$11,339/mo
Mission Viejo
Typical rent costs about 46% of the median household's income.
The standard recommendation is to spend ≤30% of income on rent.
Income needed to afford typical rent comfortably
$208K/year
Assumes rent ≤30% of income
Median Rent by Bedroom
Rent increases significantly with bedroom count—larger units command premium prices.
Each additional bedroom adds about $2,105.5/mo to rent on average, with larger units commanding higher premiums.
Largest increase: 4 → 5 bedrooms (+$4,792/mo)
Rent Reductions
14 listings have reduced their rent
26% of active listings
Average reduction: 7.0% (~$364/mo)
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