Nestled in the heart of Orange County, California, Costa Mesa has emerged as a standout location for rental properties, drawing in renters, investors, and property managers alike. With its blend of urban vibrancy, coastal proximity, and a thriving local economy, it’s no surprise that this city has become a hotspot in the competitive Southern California rental market. Whether you’re a young professional seeking a trendy apartment, a family looking for a spacious home, or an investor eyeing strong returns, Costa Mesa offers something unique that keeps its rental scene buzzing. Let’s dive into the key reasons why Costa Mesa stands out as a prime destination for rental properties as of April 2025.
A Prime Location with Unmatched Accessibility
One of Costa Mesa’s biggest draws is its location. Situated just a few miles from the Pacific Ocean, the city offers easy access to iconic beaches like Newport Beach and Huntington Beach, making it a dream for anyone craving that coastal lifestyle without the premium price tag of living directly on the shore. Beyond the sand and surf, Costa Mesa’s proximity to major freeways—such as the 405, 55, and 73—means residents can commute to nearby employment hubs like Irvine, Santa Ana, or even Los Angeles with relative ease. For those working in tech, retail, or healthcare, the city’s central position in Orange County keeps commute times manageable, typically ranging from 15 to 25 minutes within the region.
This accessibility extends beyond driving. Costa Mesa boasts a bike score of 66, with infrastructure supporting cyclists, and a walk score of 65, meaning many daily errands can be done on foot. Neighborhoods like Eastside Costa Mesa and South Coast Metro put residents within reach of shops, dining, and parks, adding to the appeal for renters who value convenience. The city’s layout strikes a balance between suburban tranquility and urban energy, making it versatile for a wide range of lifestyles.
A Diverse and Growing Rental Market
Costa Mesa’s rental market is as dynamic as its population. From cozy one-bedroom apartments to sprawling single-family homes, the city caters to a variety of renters. As of early 2025, the average rent for a one-bedroom apartment hovers around $2,500, while two-bedroom units can fetch closer to $3,000, according to local rental data. While these figures are higher than the national average, they reflect the premium placed on living in a desirable part of Southern California. Neighborhoods like Westside Costa Mesa offer more budget-friendly options, with one-bedroom rents dipping as low as $2,200, while upscale areas like South Coast Metro command higher rates due to their proximity to cultural and commercial hubs.
What makes this market particularly attractive is its diversity. Young professionals flock to modern condos near South Coast Plaza, one of the largest shopping centers in the U.S., while families often seek out the larger homes in Mesa Verde, known for its tree-lined streets and top-rated schools. The city’s rental stock includes everything from mid-century single-family homes with character to sleek, amenity-rich apartment complexes, ensuring there’s something for every taste and budget. This variety keeps vacancy rates low and demand high, a boon for property owners looking to invest.
Strong Demand Driven by Lifestyle and Amenities
Costa Mesa’s appeal isn’t just about location—it’s about the lifestyle it offers. The city has cultivated a reputation as a cultural and recreational hub, which keeps renters coming back. The Segerstrom Center for the Arts hosts world-class performances, while the OC Fair & Event Center brings seasonal excitement with food, markets, and entertainment. Add in a thriving dining scene along 17th Street, featuring everything from trendy cafes to upscale eateries, and it’s clear why renters are drawn to the area.
Outdoor enthusiasts also find plenty to love. Parks like Fairview Park and TeWinkle Park offer green spaces for relaxation or exercise, while the nearby beaches provide endless opportunities for surfing, swimming, or simply soaking up the sun. This blend of urban amenities and natural beauty creates a quality of life that’s hard to match, driving consistent demand for rental properties. For renters, Costa Mesa feels like a place where work, play, and rest seamlessly coexist.
A Robust Local Economy Fuels Rental Growth
The economic landscape of Costa Mesa plays a pivotal role in its rental market strength. Orange County is home to a mix of industries—retail, healthcare, education, and technology—and Costa Mesa sits at the heart of it all. Major employers like Anduril Industries, a defense tech company, and the retail giant South Coast Plaza provide jobs that attract a steady stream of professionals to the area. Meanwhile, educational institutions like Orange Coast College bring in students and faculty, adding another layer of rental demand.
This economic diversity ensures a stable tenant base. Young professionals and executives often seek short-term leases in modern apartments, while families tied to local schools or long-term careers opt for larger homes. The result? A rental market that rarely sees prolonged vacancies. For investors, this translates to reliable cash flow and the potential for rental rate increases as demand continues to outpace supply.
Neighborhoods That Shine for Renters and Investors
Costa Mesa’s neighborhoods each bring something unique to the table, further solidifying its status as a rental hotspot. Eastside Costa Mesa, with its proximity to 17th Street’s bustling commercial strip, is a favorite for renters who want walkability and vibrancy. Rental yields here can hit 4-5%, thanks to premium rates and low vacancy. South Coast Metro, meanwhile, appeals to those who prioritize luxury and convenience, with modern complexes offering pools, fitness centers, and secure parking—amenities that justify higher rents.
Westside Costa Mesa, once a working-class area, has transformed into a cultural hub with a bohemian vibe, attracting creatives and young families. Its relatively lower entry costs make it a sweet spot for investors looking to renovate and rent out properties. Mesa Verde, with its suburban charm and spacious lots, remains a go-to for families, offering stability for long-term leases. Each neighborhood’s distinct character ensures broad appeal, keeping the rental market competitive and active.
Challenges and Opportunities for Investors
Of course, no market is without its challenges. Costa Mesa’s high cost of living—56% above the national average—can deter some renters, and property prices reflect the area’s desirability, with median home values around $1.5 million. For investors, this means a higher upfront investment compared to less competitive markets. Additionally, the city’s ban on short-term rentals (implemented in 2021) limits options for those hoping to cash in on platforms like Airbnb, though long-term rentals remain unaffected and thriving.
Yet, the opportunities outweigh the hurdles. Historical data shows steady appreciation in property values, and seasonal trends—like a spring surge in demand—offer predictable windows for maximizing returns. Pre-approved buyers and flexible lease terms can give investors an edge in this seller’s market, where homes often sell above asking price. For those willing to navigate the upfront costs, Costa Mesa promises long-term growth and consistent rental income.
A Community That Keeps Renters Coming Back
Beyond the numbers, Costa Mesa’s sense of community adds an intangible value that keeps renters rooted. From the artsy vibe of Eastside to the family-friendly feel of Mesa Verde, the city fosters a sense of belonging. Events like the OC Fair or local farmers’ markets bring residents together, while the mix of old charm and modern development creates a unique character that’s hard to replicate. For renters, this means more than just a place to live—it’s a place to thrive.
Final Thoughts: Why Costa Mesa Stands Out
Costa Mesa’s rise as a hotspot for rental properties is no fluke. Its unbeatable location, diverse housing options, vibrant lifestyle, and strong economy create a perfect storm of demand and opportunity. For renters, it’s a chance to live in a city that offers the best of Southern California without the astronomical costs of neighboring coastal towns. For investors, it’s a market with proven stability and growth potential, backed by a tenant base that’s as varied as it is reliable.
As of April 2025, Costa Mesa continues to shine as a rental gem in Orange County. Whether you’re looking to lease your next home or invest in a property that pays dividends, this city delivers. It’s not just a place to rent—it’s a place to live, work, and dream big. So, why is Costa Mesa a hotspot for rental properties? Because it’s where location, lifestyle, and opportunity meet, creating a market that’s as dynamic as the people who call it home.
