Tarek and Heather El Moussa Cut Newport Beach Rental Price

HGTV stars Tarek El Moussa and Heather El Moussa have relisted their Newport Beach, California, rental property, reducing the monthly asking price by $7,500. The couple, aged 45 and 38 respectively, originally purchased the coastal home in August 2020 for $3.1 million. Following extensive renovations to transform it into their "dream beach escape," they initially listed the property for rent in August 2025 at $25,000 per month. Records indicate that in December of the same year, they increased the rental price to $30,000 per month before taking the property off the market. The residence has now reappeared with a revised asking price of $22,500 per month. This relisting occurs shortly after another of the El Moussas' homes in Newport Beach was subjected to a robbery while they were on vacation, though it is not believed to be the rental property in question. Realtor.com has reached out to a spokesperson for Tarek and Heather for comment regarding the price adjustment. The reduction in rental price follows comments made by fellow reality television personality Jason Oppenheim, who described the Newport Beach market as experiencing a highly successful season in November, according to Realtor.com. Oppenheim, known for his role in "Selling Sunset," noted the strong performance of properties in the area. The El Moussas' decision to adjust the rental price for their former residence suggests a strategic response to market conditions or rental demand in the affluent coastal community of Newport Beach. The property's history includes significant investment in renovations, indicating a focus on maintaining its appeal as a high-end rental. The previous fluctuations in asking price, from an initial $25,000 to a peak of $30,000, and now a reduction to $22,500, highlight the dynamic nature of the luxury rental market. The couple's acquisition of a new $5.2 million home in the same beachfront neighborhood underscores their continued presence and investment in the area, while the rental of their former home aims to generate income from their existing real estate portfolio. The incident of the robbery at another of their properties, while not directly linked to the rental, adds a layer of context regarding security considerations for high-profile homeowners in the region. The El Moussas, who have gained prominence through HGTV shows, are actively involved in real estate investment and management, with this rental relisting being a current example of their business activities.