Explore available listings and evaluate market performance.
Orange, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$3,008
Monthly Cash Flow
-$3,301
Principal + Equity
$7,155
Annual Total Gain
$46,255
Cash on Cash
-14.44%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$270
Occupancy Rate
55.56%
Monthly Revenue
$3,842
Monthly Cash Flow
-$3,043
Principal + Equity
$7,155
Annual Total Gain
$49,353
Cash on Cash %
-13.31%
Net ROI %
Market Health & Growth
Median Income
$116,945
Population
138,723
LTR Renter %
41.9%
Forecast (1 yr)
1.44%
Appreciation (1 yr)
0.82%
Appreciation (5 yr)
51.21%
Appreciation (10 yr)
95%
Job Growth
0.54%
LTR Rentability
Moderate
STR Demand
74
STR Rentals
381
Top Public Schools
AOrange County School of the Arts
AArnold O. Beckman High School
A
A
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Healthiest Cities in America
#25out of 229 markets
Healthiest Places to Live in America
#25out of 230 markets
Best Cities for Outdoor Activities in America
#16out of 229 markets
C
Public School
C
Crime And Safety
D
Housing
B
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Orange, CA.
In Orange, CA, short term rentals are regulated by the city's Municipal Code. Here are some key regulations that an investor should be aware of before purchasing a property for short term rental purposes:
1. Permit Requirement: Short term rentals in Orange, CA require a permit from the city. Investors should check with the city's Planning and Zoning Department to determine the specific requirements and application process for obtaining a permit.
2. Occupancy Limits: The city of Orange has specific occupancy limits for short term rentals, which may vary depending on the size of the property. Investors should ensure that they comply with these occupancy limits to avoid any potential fines or penalties.
3. Noise Regulations: Orange, CA has noise regulations in place to ensure that short term rentals do not disturb the peace and quiet of residential neighborhoods. Investors should inform guests of these regulations and take steps to minimize noise disturbances.
4. Parking Restrictions: The city of Orange may have parking restrictions in place for short term rentals, such as requiring a certain number of off-street parking spaces for guests. Investors should ensure that their property complies with these parking regulations.
5. Taxation: Short term rentals in Orange, CA are subject to transient occupancy taxes, which must be collected from guests and remitted to the city. Investors should familiarize themselves with the city's tax requirements and ensure that they are in compliance.
6. Homeowner's Association Rules: If the property is located within a homeowner's association (HOA), investors should review the HOA's rules and regulations regarding short term rentals. Some HOAs may have restrictions or prohibitions on short term rentals.
7. Insurance Requirements: Investors should also consider obtaining the appropriate insurance coverage for their short term rental property in Orange, CA. This may include liability insurance, property insurance, and coverage for short term rental activities.
By being aware of and complying with these regulations, investors can ensure a smooth and successful short term rental operation in Orange, CA. It is recommended to consult with a real estate attorney or property management company familiar with local regulations to ensure full compliance.
Market Trends Over Time
Explore 25 years of market data for Orange, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Orange, CA.
The LTR Genie Score of Orange, CA is 55 and STR Genie Score is 57, indicating a moderate level of rentability for both long-term and short-term rental properties in the area. The LTR Rent Growth Rate of 0.0507% suggests a steady increase in rental prices over time, while the 1-Year Price Appreciation Forecast of 1.44% indicates a modest growth in property values. The STR Net ROI of 18.0% is slightly higher than the LTR Net ROI of 16.87%, making short-term rentals a potentially more profitable investment option in Orange, CA.
Orange, CA is a vibrant city known for its historic Old Town district, diverse dining options, and proximity to major attractions like Disneyland and Knott's Berry Farm. The city's strong tourism industry and desirable location make it an attractive market for short-term rental investments.
In conclusion, Orange, CA presents opportunities for both long-term and short-term rental investments, with slightly higher potential returns for short-term rentals. Real estate investors may consider diversifying their portfolio by investing in both rental strategies to capitalize on the city's growing market.