Performance indicators for the Newport Beach short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Newport Beach.
Loading top listings...
Generally Investor friendly
STRs are permitted in specified residential districts after a City permit, business license and TOT registration, with clear steps and moderate fees, but they’re excluded from R‑1, capped citywide at 1,475 units with a waitlist, and include coastal mixed‑use thresholds and active enforcement—creating manageable yet meaningful constraints.
Local STR Agent
STR specialist · Newport Beach, CA
Newport Beach is a coastal city in Orange County, California, home to roughly 85,000 residents. It is one of Southern California's most recognizable seaside communities, known for its yacht-filled harbor, long sandy beaches, and an upscale yet laid-back atmosphere that draws both weekenders and international visitors. The city also serves as a gateway to Santa Catalina Island, with passenger ferries departing regularly from its harbor. Situated about 40 miles southeast of downtown Los Angeles and roughly 80 miles south of Los Angeles International Airport, Newport Beach occupies a prime stretch of the Pacific coast between Huntington Beach and Laguna Beach.
A defining feature of the city is Newport Harbor, one of the largest recreational small-craft harbors on the West Coast. Lined with waterfront homes, yacht clubs, and dockside restaurants, the harbor is best explored by boat, kayak, or by walking the bayfront promenade that loops around Balboa Peninsula. Visitors can wander the Balboa Fun Zone, a vintage amusement area with an oceanfront Ferris wheel, arcades, and the landing point for the Catalina Express ferry service that connects the mainland to Avalon.
Just north of the city limits lies Crystal Cove State Park, a 2,400-acre coastal preserve that protects tidepools, historic cottages, and a rugged stretch of shoreline beloved by hikers, snorkelers, and beachgoers. About a 10-minute drive up Pacific Coast Highway from central Newport Beach, the park offers a quieter counterpoint to the city's busier beaches and is home to the restored Crystal Cove Historic District, where 1930s and 1940s beach bungalows have been preserved as overnight rentals. Nearby, Corona del Mar State Beach draws crowds for its sheltered cove, cliffside views, and gentle surf, while the adjacent tidepools at Little Corona Beach are a favorite for families exploring marine life at low tide.
Inland, the Upper Newport Bay Nature Preserve, also known as the Back Bay, encompasses about 1,000 acres of salt marsh and coastal wetlands at the upper end of Newport Bay, roughly five miles from the ocean. It offers nearly 10 miles of trails for hiking and cycling, along with one of the best bird-watching spots in Southern California, hosting herons, egrets, and seasonal migratory species. Back toward the coast, Fashion Island anchors the city's retail scene with an open-air collection of upscale shops, restaurants, and ocean-view plazas set on a bluff above the Pacific.
Newport Beach combines reliable year-round appeal with the kind of variety that keeps visitors coming back. Its harbor, beaches, and protected natural areas offer something for nearly every traveler, from families and beachgoers to sailors and outdoor enthusiasts, all within easy reach of the broader Southern California coast. That mix of natural beauty, walkable waterfronts, and proximity to Los Angeles, Disneyland, and Catalina Island makes it a particularly strong base for short-term rental owners looking to capture a wide range of guest interests throughout the year.