Castro Valley, 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 Castro Valley, California rental market.
Castro Valley, California
Average Apartment Rent
$2,552
Y-o-Y Change in Average
Apartment Rent
2.5%
As of May 2026
Compared to a year ago, Castro Valley, California apartments have recorded a 2.5% rent increase.
Castro Valley, California Average apartment rent trend
Castro Valley, California Average Apartment Rent
Castro Valley, California Apartment rent ranges
At 46.42%, apartments priced $2,500 - $3,000 represent the bulk of Castro Valley, California rentals, while condos priced Over $3,000 hold the lowest share of the market – 7.3%.
Castro Valley, California Housing tenure**
Renters take up 29% of Castro Valley, California real estate, occupying a total of 6,327 units, while homeowners live in 15,790 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$93,471
Average household size of renter-occupied housing units**
2.76
Rental vacancy rate**
5.4%
Castro Valley, California Renter-occupied housing units by no. of bedrooms**
There are 3,561 rentals in Castro Valley, California with 2 beds making up the highest share of the market, at 56%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 79 units. Overall, the median number of rooms in Castro Valley, California homes for rent is 4.1.
Castro Valley, California Renter-occupied units by age of householder**
Most condos for rent in Castro Valley, California are occupied by residents in the 35 - 44 years age group (30%), followed by those in the 25 - 34 years age group (20%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Castro Valley, California Renter-occupied housing units by family type**
Castro Valley, California Renter-occupied housing units by the presence of own children**
A total of 4,003 apartments for rent in Castro Valley, California, or 63% of all rentals are family households. Additionally, 39% of rental homes include children under the age of 18 – that’s 2,457 units. All in all, the median size of a renter-occupied household in Castro Valley, California is 2.76.
Castro Valley, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Castro Valley, California.
Castro Valley, California Renter-occupied units by year structure built**
The highest share of Castro Valley, California apartment rentals, namely 22% or 1,392 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (20%, 1,238 units), and the ones Built 1950 - 1959 (17%, 1,056 units).
Castro Valley, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Castro Valley, California renters (43%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Castro Valley, California condos for rent is 2016.
Castro Valley, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Castro Valley, California renters have 2 vehicles available per household, 35% of them have 1 vehicle available, and 13% have 3 vehicles available.
Castro Valley, California Means of transportation to work of householders living in renter-occupied housing units**
Castro Valley, 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 Castro Valley, 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
