Cudahy, 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 Cudahy, California rental market.

Cudahy, California

Average Apartment Rent

$1,476

Y-o-Y Change in Average
Apartment Rent

10.8%

As of November 2024

Compared to a year ago, Cudahy, California apartments have recorded a 10.8% rent increase.

Cudahy, 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
Cudahy $1,360 $1,307 $1,362 $1,413 $1,450 $1,387 $1,332 $1,352 $1,405 $1,476
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Cudahy
National
Nov 2021
$1,360
$1,596
Mar 2022
$1,307
$1,635
Jul 2022
$1,362
$1,708
Nov 2022
$1,413
$1,726
Mar 2023
$1,450
$1,714
Jul 2023
$1,387
$1,739
Nov 2023
$1,332
$1,733
Mar 2024
$1,352
$1,727
Jul 2024
$1,405
$1,752
Nov 2024
$1,476
$1,748

Cudahy, California Average Apartment Rent

Cudahy, California Apartment rent ranges

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

At 80%, apartments priced $1,000 - $1,500 represent the bulk of Cudahy, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 20%.

Cudahy, California Housing tenure**

Renter occupied housing units 5,084
Owner occupied housing units 688

Renters take up 88% of Cudahy, California real estate, occupying a total of 5,084 units, while homeowners live in 688 properties.

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

4.2

Renter median household income**

$48,562

Average household size of renter-occupied housing units**

3.89

Rental vacancy rate**

0.5%

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

No bedrooms 108
1 bed 844
2 beds 3,082
3 beds 873
4 beds 177

There are 3,082 rentals in Cudahy, California with 2 beds making up the highest share of the market, at 61%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 108 units. Overall, the median number of rooms in Cudahy, California homes for rent is 4.2.

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

15 - 24 years 154
25 - 34 years 1,115
35 - 44 years 1,095
45 - 54 years 1,202
55 - 59 years 570
60 - 64 years 377
65 - 74 years 359
75 - 84 years 180
85 years and over 32

Most condos for rent in Cudahy, California are occupied by residents in the 45 - 54 years age group (24%), 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 – 1%.

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

Family households 4,270
Non-Family Households 814

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

With related children of the householder under 18 2,412
No related children of the householder under 18 2,672

A total of 4,270 apartments for rent in Cudahy, California, or 84% of all rentals are family households. Additionally, 47% of rental homes include children under the age of 18 – that’s 2,412 units. All in all, the median size of a renter-occupied household in Cudahy, California is 3.89.

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

Less than high school graduate 2,283
High school graduate (including equivalency) 1,506
Some college or associate's degree 1,023
Bachelor's degree or higher 272

In terms of education, renters holding bachelor degrees or higher make up 5% of the rental market. In contrast, residents with less than a high school degree reside in 45% of the homes for rent in Cudahy, California.

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

Built 2010 - 2019 46
Built 2000 - 2009 214
Built 1990 - 1999 468
Built 1980 - 1989 796
Built 1970 - 1979 829
Built 1960 - 1969 1,204
Built 1950 - 1959 721
Built 1940 - 1949 646
Built 1939 or earlier 160

The highest share of Cudahy, California apartment rentals, namely 24% or 1,204 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (16%, 829 units), and the ones Built 1980 - 1989 (16%, 796 units).

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

Moved in 2021 or later 185
Moved in 2018 to 2020 804
Moved in 2010 to 2017 2,142
Moved in 2000 to 2009 1,240
Moved in 1990 to 1999 528
Moved in 1989 or earlier 185

Median year renter moved into unit 2012

Most Cudahy, California renters (42%) moved in 2010 to 2017, while only 4% of them moved in 2021 or later. Overall, the median year renters have occupied their Cudahy, California condos for rent is 2012.

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

No vehicle available 396
1 vehicle available 1,655
2 vehicles available 1,983
3 vehicles available 770
4 vehicles available 192
5 or more vehicles available 88

When it comes to transportation options, 39% of Cudahy, California renters have 2 vehicles available per household, 33% of them have 1 vehicle available, and 15% have 3 vehicles available.

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

Car, truck, or van - drove alone 5,957
Car, truck, or van - carpooled 1,114
Public transportation (excluding taxicab) 678
Walked 139
Taxicab, motorcycle, bicycle, or other means 142
Worked at home 285

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

Same house as 1 year ago 18,542
Moved within same county 788
Moved from different state 147

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 Cudahy, 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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