Baldwin Park, 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 Baldwin Park, California rental market.
Baldwin Park, California
Average Apartment Rent
$2,138
Y-o-Y Change in Average
Apartment Rent
11.2%
As of November 2024
Compared to a year ago, Baldwin Park, California apartments have recorded a 11.2% rent increase.
Baldwin Park, California Average apartment rent trend
Baldwin Park, California Average Apartment Rent
Baldwin Park, California Apartment rent ranges
At 59.76%, apartments priced $1,500 - $2,000 represent the bulk of Baldwin Park, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 3.81%.
Baldwin Park, California Housing tenure**
Renters take up 41% of Baldwin Park, California real estate, occupying a total of 7,341 units, while homeowners live in 10,681 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$61,430
Average household size of renter-occupied housing units**
4.02
Rental vacancy rate**
2.1%
Baldwin Park, California Renter-occupied housing units by no. of bedrooms**
There are 2,944 rentals in Baldwin Park, California with 2 beds making up the highest share of the market, at 40%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 115 units. Overall, the median number of rooms in Baldwin Park, California homes for rent is 4.5.
Baldwin Park, California Renter-occupied units by age of householder**
Most condos for rent in Baldwin Park, California are occupied by residents in the 35 - 44 years age group (27%), followed by those in the 45 - 54 years age group (26%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Baldwin Park, California Renter-occupied housing units by family type**
Baldwin Park, California Renter-occupied housing units by the presence of own children**
A total of 6,048 apartments for rent in Baldwin Park, California, or 82% of all rentals are family households. Additionally, 50% of rental homes include children under the age of 18 – that’s 3,661 units. All in all, the median size of a renter-occupied household in Baldwin Park, California is 4.02.
Baldwin Park, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 10% of the rental market. In contrast, residents with less than a high school degree reside in 33% of the homes for rent in Baldwin Park, California.
Baldwin Park, California Renter-occupied units by year structure built**
The highest share of Baldwin Park, California apartment rentals, namely 28% or 2,031 units, were Built 1950 - 1959, followed by those Built 1980 - 1989 (17%, 1,280 units), and the ones Built 1970 - 1979 (17%, 1,229 units).
Baldwin Park, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2013
Most Baldwin Park, California renters (53%) moved in 2010 to 2017, while only 3% of them moved in 2021 or later. Overall, the median year renters have occupied their Baldwin Park, California condos for rent is 2013.
Baldwin Park, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 35% of Baldwin Park, California renters have 2 vehicles available per household, 26% of them have 1 vehicle available, and 20% have 3 vehicles available.
Baldwin Park, California Means of transportation to work of householders living in renter-occupied housing units**
Baldwin Park, 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 Baldwin Park, 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
