Aliso Viejo, California Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Aliso Viejo, California rental market.
Aliso Viejo, California
Average Apartment Rent
$3,179
Y-o-Y Change in Average
Apartment Rent
3.5%
As of November 2024
Compared to a year ago, Aliso Viejo, California apartments have recorded a 3.5% rent increase.
Aliso Viejo, California Average apartment rent trend
Aliso Viejo, California Average Apartment Rent
Aliso Viejo, California Housing tenure**
Renters take up 44% of Aliso Viejo, California real estate, occupying a total of 8,449 units, while homeowners live in 10,851 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$105,597
Average household size of renter-occupied housing units**
2.53
Rental vacancy rate**
5.5%
Aliso Viejo, California Renter-occupied housing units by no. of bedrooms**
There are 3,902 rentals in Aliso Viejo, California with 2 beds making up the highest share of the market, at 46%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 234 units. Overall, the median number of rooms in Aliso Viejo, California homes for rent is 4.
Aliso Viejo, California Renter-occupied units by age of householder**
Most condos for rent in Aliso Viejo, California are occupied by residents in the 35 - 44 years age group (28%), followed by those in the 25 - 34 years age group (21%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.
Aliso Viejo, California Renter-occupied housing units by family type**
Aliso Viejo, California Renter-occupied housing units by the presence of own children**
A total of 5,026 apartments for rent in Aliso Viejo, California, or 59% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 3,074 units. All in all, the median size of a renter-occupied household in Aliso Viejo, California is 2.53.
Aliso Viejo, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 51% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Aliso Viejo, California.
Aliso Viejo, California Renter-occupied units by year structure built**
The highest share of Aliso Viejo, California apartment rentals, namely 41% or 3,465 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (22%, 1,854 units), and the ones Built 2000 - 2009 (18%, 1,483 units).
Aliso Viejo, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Aliso Viejo, California renters (45%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Aliso Viejo, California condos for rent is 2017.
Aliso Viejo, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Aliso Viejo, California renters have 2 vehicles available per household, 35% of them have 1 vehicle available, and 10% have No vehicle available.
Aliso Viejo, California Means of transportation to work of householders living in renter-occupied housing units**
Aliso Viejo, California Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Aliso Viejo, California apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
