Mission Viejo, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Mission Viejo short-term rental market based on reliable data.

Listings

61 / 246

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$65,306

Middle-Earners Revenue

Occupancy

69%

Middle-Earners Occupancy

Home Value

$1,200,042

Median Home Sale Price

Top Earners

$129,548

Top-Earners Revenue

Mission Viejo

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Mission Viejo.

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B

Generally Investor friendly

Mission Viejo Regulations

Short-term rentals are permitted and TOT is the main burden (8% plus quarterly reporting/registration), with no known city caps and a supportive tone. However, inconsistent sources on whether a dedicated STR ordinance exists, and HOA prohibitions frequently override city allowances, add meaningful compliance risk.

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About Mission Viejo

Mission Viejo ( vee-AY-hoh; corruption of Misión Vieja, Spanish for "Old Mission") is a commuter city in the Saddleback Valley in Orange County, California, United States. Mission Viejo is considered one of the largest master-planned communities ever built under a single project in the United States and is rivaled only by Highlands Ranch in size. Its population as of 2020 was 93,653.Mission Viejo is suburban in nature and culture, and consists of residential properties, offices and businesses. The city is noted for its tree-lined neighborhoods, receiving recognition from the National Arbor Day Foundation. The city's name is a reference to Rancho Mission Viejo, a large Spanish land grant from which the community was founded. The United States Census Bureau defines an urban area of Orange County cities not part of Los Angeles's urban area with Mission Viejo as the principal city: the Mission Viejo–Lake Forest–Laguna Niguel, CA urban area had a population of 646,843 as of the 2020 census, ranked 65th in the United States.

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