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Huntington Beach Apartments For Rent

Best known for its long beach and excellent surfing conditions, Huntington Beach is California's 20th most populated city with 189,594 residents. The waves on the beach are unique due to a natural geological effect of ocean swells by Catalina island. Although the city began as an agricultural town, it has become an industrial manufacturing city with Boeing being the leading employer.

In addition Huntington Beach, or Surf City USA, derives a large amount of income from tourism as the beaches are protected areas and no commercial, retail, or residential developments have been allowed. There is also an active art center and downtown district that adds to Huntington Beach's charm. However, all of these positive aspects do have a negative side.

The cost of living is high in Huntington Beach, being 53 percent over other similar American cities. The majority of the high cost of living is in the cost of housing. The average value of a home in the city is $767,988 for potential residents wishing to buy a house. Rental properties are no exception. The price apartments starts with a typical studio renting for nearly $1000 per month to the priciest four bedroom apartments reaching rates of $4500 per month. Within each type of apartment the costs can differ greatly based on neighborhood and proximity to the ocean.

Because of Huntington Beach's reputation as an excellent place to live and wealth of activities available to its inhabitants, the current price levels will most likely continue to rise. There is a low vacancy rate of 2.9 percent which indicates a high level of demand meeting with a limited supply. This interaction invariably creates an expensive housing industry. This is unlikely to change as Huntington Beach is a relatively small area without much room for development and the current population has already reached a density of 7470 people per square mile. Despite this, the beauty and vibrancy of the city continues to make Huntington Beach a popular choice of cities to live in.