Anaheim, California Rental Market Trends

Disclaimer:

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 Anaheim, California rental market.

Anaheim, California

Average Apartment Rent

$2,458

Y-o-Y Change in Average
Apartment Rent

3%

As of November 2024

Compared to a year ago, Anaheim, California apartments have recorded a 3% rent increase.

Anaheim, California Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Anaheim $2,089 $2,143 $2,221 $2,291 $2,307 $2,311 $2,354 $2,368 $2,379 $2,458
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Anaheim
National
Nov 2021
$2,089
$1,596
Mar 2022
$2,143
$1,635
Jul 2022
$2,221
$1,708
Nov 2022
$2,291
$1,726
Mar 2023
$2,307
$1,714
Jul 2023
$2,311
$1,739
Nov 2023
$2,354
$1,733
Mar 2024
$2,368
$1,727
Jul 2024
$2,379
$1,752
Nov 2024
$2,458
$1,748

Anaheim, California Average Apartment Rent

Anaheim, California Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 83.81%, apartments priced Over $2,000 represent the bulk of Anaheim, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 1.18%.

Anaheim, California Housing tenure**

Renter occupied housing units 55,865
Owner occupied housing units 48,806

Renters take up 53% of Anaheim, California real estate, occupying a total of 55,865 units, while homeowners live in 48,806 properties.

Median number of rooms of renter-occupied housing units**

3.7

Renter median household income**

$66,320

Average household size of renter-occupied housing units**

3.24

Rental vacancy rate**

4.8%

Anaheim, California Renter-occupied housing units by no. of bedrooms**

No bedrooms 4,528
1 bed 16,652
2 beds 23,831
3 beds 8,016
4 beds 2,549
5 or more beds 289

There are 23,831 rentals in Anaheim, California with 2 beds making up the highest share of the market, at 43%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 289 units. Overall, the median number of rooms in Anaheim, California homes for rent is 3.7.

Anaheim, California Renter-occupied units by age of householder**

15 - 24 years 3,208
25 - 34 years 12,693
35 - 44 years 12,431
45 - 54 years 11,081
55 - 59 years 4,687
60 - 64 years 3,439
65 - 74 years 4,626
75 - 84 years 2,682
85 years and over 1,018

Most condos for rent in Anaheim, California are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

Anaheim, California Renter-occupied housing units by family type**

Family households 38,055
Non-Family Households 17,810

Anaheim, California Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 22,408
No related children of the householder under 18 33,457

A total of 38,055 apartments for rent in Anaheim, California, or 68% of all rentals are family households. Additionally, 40% of rental homes include children under the age of 18 – that’s 22,408 units. All in all, the median size of a renter-occupied household in Anaheim, California is 3.24.

Anaheim, California Renter-occupied housing units by educational attainment**

Less than high school graduate 13,102
High school graduate (including equivalency) 12,617
Some college or associate's degree 16,928
Bachelor's degree or higher 13,218

In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 23% of the homes for rent in Anaheim, California.

Anaheim, California Renter-occupied units by year structure built**

Built 2010 - 2019 3,919
Built 2000 - 2009 3,156
Built 1990 - 1999 5,239
Built 1980 - 1989 7,416
Built 1970 - 1979 13,982
Built 1960 - 1969 10,329
Built 1950 - 1959 9,294
Built 1940 - 1949 1,094
Built 1939 or earlier 1,333

The highest share of Anaheim, California apartment rentals, namely 25% or 13,982 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (18%, 10,329 units), and the ones Built 1950 - 1959 (17%, 9,294 units).

Anaheim, California Renter-occupied units by year householder moved in**

Moved in 2021 or later 3,368
Moved in 2018 to 2020 16,649
Moved in 2010 to 2017 24,876
Moved in 2000 to 2009 8,050
Moved in 1990 to 1999 2,396
Moved in 1989 or earlier 526

Median year renter moved into unit 2015

Most Anaheim, California renters (45%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Anaheim, California condos for rent is 2015.

Anaheim, California Renter-occupied housing units by vehicles available**

No vehicle available 4,823
1 vehicle available 18,632
2 vehicles available 21,238
3 vehicles available 7,313
4 vehicles available 2,760
5 or more vehicles available 1,099

When it comes to transportation options, 38% of Anaheim, California renters have 2 vehicles available per household, 33% of them have 1 vehicle available, and 13% have 3 vehicles available.

Anaheim, California Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 65,651
Car, truck, or van - carpooled 11,506
Public transportation (excluding taxicab) 2,380
Walked 1,893
Taxicab, motorcycle, bicycle, or other means 1,978
Worked at home 5,328

Anaheim, California Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 153,799
Moved within same county 16,845
Moved from different county within same state 5,535
Moved from different state 1,325
Moved from abroad 984

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 Anaheim, 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

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