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  4. Mission Viejo

Mission Viejo, California

Short-Term Rental Market Data & Investment Analysis

Mission Viejo, California Short-Term Rental Market

Mission Viejo, CA short-term rentals averaged $408/night at 78.5% occupancy in June 2026, revenue up 16.8% year over year.

Quick Answer: Mission Viejo, California is an active short-term rental market. average occupancy in the Anaheim market area is 78%. average monthly revenue in the Anaheim market area is $8,143. average daily rate in the Anaheim market area is $408. the top operator in the Anaheim market area is Tower 17 Properties & Mgmt, LLC with 244 listings. market score is 69/100 (grade C).

Avg Monthly Revenue
$8,143
↑ 16.8% YoY
78%
Occupancy
↑ 3.5% YoY
$408
Avg Daily Rate
↑ 12.3% YoY
61.9 days avg lead time6.1 avg length of stay

Market data reflects the Anaheim regional market, which includes Mission Viejo. Regulations, taxes, and permit details below are specific to Mission Viejo.

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation61
Seasonality82
Investability51
Rental Demand60
Revenue Growth97

Market Overview

Mission Viejo, California is a master-planned residential community in south Orange County with a population of 91,598. The market posted an average daily rate of $408.06 and 78.45% occupancy for the month, among the highest occupancy rates in this batch of markets, with a trailing average revenue per listing of about $8,143.31. Year over year, revenue is up a sharp 16.81% and occupancy is up 3.58%, even as ADR is down modestly (1.16%), indicating demand growth is the primary driver of the market’s revenue gains. Average booking lead time is 61.91 days and average length of stay is 6.06 nights, one of the longer average stays in this batch, suggesting a mix of extended visits and sports-tourism or youth-tournament travel rather than short weekend trips.

Seasonal Patterns

Monthly seasonal data for Mission Viejo, California
MonthOccupancy
Jan58%
Feb65%
Mar69%
Apr62%
May66%
Jun75%
Jul78%
Aug68%
Sep63%
Oct65%
Nov60%
Dec62%

Month-by-month nightly rates and revenue figures for Mission Viejo are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Top Short-Term Rental Operators in Anaheim market area

Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Anaheim market as a whole, which includes Mission Viejo, so these counts are not Mission Viejo-only figures.

#OperatorListingsReviewsRating
1Tower 17 Properties & Mgmt, LLC24411,217★ 4.70
2Dream Resorts1959,053★ 4.68
3Newport Beach Vacation Properties1375,374★ 4.61
4Vacasa1268,872★ 4.49
5OC Rentals1211,263★ 3.85

What Kind of STR Should I Buy in Mission Viejo?

Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Mission Viejo are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb59.7%
vrbo5.3%
both35%

Investment Analysis

The full investment analysis for Mission Viejo — gross-yield math against current home values, plus 5-year monthly revenue, nightly-rate, and occupancy trend charts — is available to StaySTRA Pro members and updates monthly. The figures shown elsewhere on this page are the free market snapshot.

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Home Value Trends (Mission Viejo)

Typical home values, median sale prices, and the 10-year price trend for Mission Viejo are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Insights

Booking-window and length-of-stay analysis for Mission Viejo — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Short-Term Rental Regulations

Short-term rentals are legal in Mission Viejo but require registration, and the biggest practical constraint for investors comes from homeowners associations rather than the city. Operators must obtain a Short-Term Rental permit from the city’s Planning and Community Development Department, reported to cost $250 and reportedly renewable every two years, plus hold a separate city business license. The application requires a letter describing the proposed use, a floor plan, a blank lease agreement, and proof of ownership; the city rolled out an online registration portal in 2025.

STRs are allowed citywide, and as of 2025 the city has not imposed a cap on the number of permits. Operational rules include quiet hours from 10 p.m. to 7 a.m., adequate on-site parking, and occupancy aligned with residential norms (commonly cited as roughly two adults per bedroom). Operators must collect and remit the city’s Transient Occupancy Tax of 8.0% on stays of 30 consecutive days or less, with quarterly remittance, confirmed by the city’s official TOT page and municipal code Chapter 3.25. There is no owner-occupancy requirement and no stated cap on maximum nights per year. Enforcement is rated moderate and complaint-based, with the city adding monitoring software in 2025 to improve tax collection. Critically, many Mission Viejo neighborhoods are governed by HOAs that may impose stricter rules than the city, up to a complete prohibition of short-term rentals, so city permission alone does not guarantee an STR is allowed at a given address.

Market Comparison

Mission Viejo’s $408.06 ADR runs well above the roughly $220 national median ADR, about 85% higher, and its 78.45% occupancy runs far above the commonly cited US short-term rental median of about 55%. That combination places Mission Viejo among the stronger-performing markets on both rate and fill in this batch, consistent with its position as a high-demand Orange County market near major regional draws. Property-manager-level and total-listing-count data for this market is currently only available as a shared regional rollup across nearby Orange County cities rather than a Mission Viejo-specific figure, so it is omitted here.

Frequently Asked Questions About Mission Viejo, California

What is the average daily rate for short-term rentals in Mission Viejo, CA?
Mission Viejo short-term rentals average $408 per night across all listing types. Nightly-rate breakdowns by property tier are available with StaySTRA Pro.
What is the short-term rental occupancy rate in Mission Viejo?
Mission Viejo’s average occupancy was 78.45% in June 2026, up 3.58% year over year, with revenue up 16.81%.
Are short-term rentals legal in Mission Viejo, California?
Yes, with a city permit (reported at $250, renewable every two years) plus a business license, and an 8.0% Transient Occupancy Tax. The city has not capped permits as of 2025, but many HOA-governed neighborhoods may restrict or fully prohibit STRs regardless of city permission.
What is the best month to operate a short-term rental in Mission Viejo?
Occupancy in Mission Viejo peaks in Jul (78%) and is softest in Jan (58%). Month-by-month rate and revenue figures are available with StaySTRA Pro.
Can an HOA block a short-term rental in Mission Viejo even if the city allows it?
Yes. Many Mission Viejo neighborhoods are HOA-governed and may impose stricter rules than the city, including a complete prohibition on short-term rentals.
What does a typical home cost in the Mission Viejo short-term rental market?
Zillow’s typical home value was $1,224,499.33 as of June 2026, with a median sale price of $1,163,000.00 across 251 homes for sale.
Mission Viejo, CaliforniaRev $8,143ADR $408Occ 78%Score C (69)

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Table of Contents

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Quick Facts: Anaheim market area

Avg Daily Rate
$408
Occupancy Rate
78%
Avg Revenue/Mo
$8,143
Mission Viejo Population
91,598

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