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54 rentals in Mission Viejo

Rental Listings in Mission Viejo, OH

27190 S Ridge

$10,500

FOR RENT

27190 S Ridge, Mission Viejo, CA 92692

5 beds · 5 baths · 4,000 sqft

22661 Sweetmeadow
3D TOUR

$9,500

FOR RENT

22661 Sweetmeadow, Mission Viejo, CA 92692

5 beds · 4 baths · 3,576 sqft

28142 Ambar

$6,750

FOR RENT

28142 Ambar, Mission Viejo, CA 92692

5 beds · 3 baths · 3,347 sqft

28035 Sheffield

$5,600

FOR RENT

28035 Sheffield, Mission Viejo, CA 92692

4 beds · 3 baths · 2,360 sqft

26977 Moro Azul
VIDEO TOUR

$7,900

FOR RENT

26977 Moro Azul, Mission Viejo, CA 92691

5 beds · 4 baths · 3,427 sqft

27931 Trocadero 76

$5,800

FOR RENT

27931 Trocadero 76, Mission Viejo, CA 92692

3 beds · 2 baths · 1,776 sqft

27242 Cordero Lane
3D TOUR

$6,500

FOR RENT

27242 Cordero Lane, Mission Viejo, CA 92691

3 beds · 2 baths · 1,836 sqft

27312 Pinavete

$4,400

FOR RENT

27312 Pinavete, Mission Viejo, CA 92691

4 beds · 2 baths · 1,472 sqft

16 Parremo

$5,200

FOR RENT

16 Parremo, Mission Viejo, CA 92692

3 beds · 3 baths · 2,020 sqft

22506 Formentor

$4,900

FOR RENT

22506 Formentor, Mission Viejo, CA 92692

2 beds · 2 baths · 1,444 sqft

27786 Arta 11

$4,500

FOR RENT

27786 Arta 11, Mission Viejo, CA 92692

2 beds · 2 baths · 1,454 sqft

230 California Court

$3,600

FOR RENT

230 California Court, Mission Viejo, CA 92692

2 beds · 2 baths · 1,186 sqft

27535 Nivelada

$4,400

FOR RENT

27535 Nivelada, Mission Viejo, CA 92692

3 beds · 2 baths · 1,476 sqft

27827 Barbate 26

$4,600

FOR RENT

27827 Barbate 26, Mission Viejo, CA 92692

2 beds · 2 baths · 1,333 sqft

21082 Primrose

$4,100

FOR RENT

21082 Primrose, Mission Viejo, CA 92691

2 beds · 2 baths · 1,224 sqft

27783 Zircon 86

$3,250

FOR RENT

27783 Zircon 86, Mission Viejo, CA 92691

2 beds · 2 baths · 1,206 sqft

12...4
  1. Topfind
  2. California
  3. Mission Viejo Homes for Rent

About Mission Viejo, OH Real Estate

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.

Top Rated Schools in Mission Viejo

Powered by the Topfind School Score

  • 10Bathgate Elementaryelementary
  • 10Castille Elementaryelementary
  • 10De Portola Elementaryelementary
  • 10Fred Newhart Middleintermediate/middle/junior high
  • 10Philip J. Reilly Elementaryelementary
  • 9Capistrano Valley Highhigh school

Why Live in Mission Viejo?

  • Lake Mission Viejo
  • Top-rated schools
  • Master-planned
  • Extensive recreation

Popular Neighborhoods in Mission Viejo

Lake Mission ViejoAlicia ParkwayOlympiad RoadCasta del SolDeaneLa PazTrabuco CanyonPavion

Mission Viejo Rental Pulse

Median Rent

$4,500/mo

↑ 2.3% over the past year
$4.9K$4.5K$4.2K$3.8K
Sep 25
Dec 25
Mar 26
Jun 26

Months of Rental Inventory

Estimated time to lease all rentals at the current leasing pace

0.1 months of supply

Landlord's Market

With only 54 active rentals, supply is tight.

Landlord's (<3 mo)
Balanced (3–6 mo)
Renter's (6+ mo)
0.1
0369+

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.

● Landlord's: high demand● Balanced: steady pace● Renter's: more leverage

Rental Velocity

How fast rentals are leasing

Balanced
FastSlow0d15d30d45d60d75d90d41days on market

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.

● <30d: Landlords● 30–45d: Balanced● 45d+: Renters

Rental Inventory Distribution

High Turnover

Rentals are being leased quickly—most listings move within 30 days, signaling strong renter demand.

New
Active
Aging
Stale
30-day mark28 listings<7 days12 listings7–30 days5 listings30–60 days9 listings60+ days← Leasing fastSitting longer →
Under 30 days → competitive—act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in Mission Viejo

Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.

HomeownersRenters

78%

Homeowners

22%

Renters

Homeownership is 22.5% higher than the California average (55.5%)

Higher ownership rates often reflect more stable neighborhoods and longer-term residents.

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

$0$3,250$6,500
Affordable portion ($3,402)Unaffordable excess ($1,798)Total: $5,200/mo
$1,798/mo above what's considered affordable

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.

1 Bed
$2,300
2 Bed
$4,150
3 Bed
$4,945
4 Bed
$5,930
5 Bed
$10.7K

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

High Activity
14

14 listings have reduced their rent

26% of active listings

Average reduction: 7.0% (~$364/mo)

A significant share of landlords are reducing rents—this suggests a softening rental market where renters have strong negotiating leverage.

Have questions about Mission Viejo?

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