Bayview Terrace Newport Beach Rentals

Posted by Sam Smith on Tuesday, May 31st, 2022 at 11:55am.

Bayview Terrace is a very nice gated community that is probably one of the best kept secrets when looking for a home.  The neighborhood has always had very attractive real estate prices when compared to similar type neighborhoods throughout Newport Beach no matter if you are looking to buy or to rent a home here.  The location is right next to the Newport Back Bay and the 73 Freeway which really makes it a very convenient place to live.  Over the past 5 years there has been approximately 30 rental properties that have come on the market for lease here, so basically 6 homes a year.  The large majority of these are the 3 bedroom floor plans with some 2 bedroom, 2 bath condos mixed in there as well.  About 5 years ago it was not uncommon to find a rental here in the mid $4,500 range but over the years rental prices have gone up so now we are starting to see 3 bedrooms leasing for $6,500 a month and the smaller 2 bedroom units leasing for $4,500.

Most of the rentals in Bayview Terrace will be 12 month leases to start with the first months rent, credit report and security deposit required before moving in.  We have found that some of the owners here will consider a pet and this will be a case by case basis on each individual property.  We have also seen in the last several years that these rental homes tend to lease out after being on the market for less than a couple weeks so we highly recommend moving quickly if you see a property that you like.  For those who own a property in Bayview Terrace and thinking about leasing it out we have provided all of the properties that have leased in the last 5 years in the spreadsheet below.  This will give you a good idea on what things have been leasing out for lately and can also be valuable for anyone looking to lease in this community as well.  Please contact us at 949-444-1901 with questions regarding leasing a home here.

Bayview Terrace Newport Beach Rentals

1 Properties Found. Showing Page 1 of 1
Map
Sort by:

Leave a Comment