Culver City, 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 Culver City, California rental market.
Highlights
An apartment for rent in Culver City, California typically goes for $3,236 per month, while a single-family home for rent in Culver City, California has a monthly cost of around $5,281. Renter-occupied units make up 46% of the local housing market, while the rental vacancy rate in Culver City, California is at 4.4.
Culver City, California
Average Apartment Rent in October 2022
$3,236
Y-o-Y Change in Average
Apartment Rent
8.6%
Average Single-Family Rent in October 2022
$5,281
Compared to a year ago, Culver City, California apartments have recorded a 8.6% rent increase.
Culver City, California |Average apartment rent trend
Culver City, California| Average apartment rent
Culver City, California | Apartment rent ranges
At 89.27%, apartments priced Over $2,000 represent the bulk of Culver City, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 0.22%.
Culver City, California | Housing tenure**
Renters take up 46% of Culver City, California real estate, occupying a total of 8,037 units, while homeowners live in 9,341 properties.
Median number of rooms of renter-occupied housing units**
3.3
Renter median household income**
$79,325
Average household size of renter-occupied housing units**
2.04
Rental vacancy rate**
4.4%
Culver City, California | Renter-occupied housing units by no. of bedrooms**
There are 3,377 rentals in Culver City, California with 2 beds making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 137 units. Overall, the median number of rooms in Culver City, California homes for rent is 3.3.
Culver City, California |Renter-occupied units by age of householder**
Most condos for rent in Culver City, California are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Culver City, California | Renter-occupied housing units by family type**
Culver City, California | Renter-occupied housing units by the presence of own children**
A total of 3,296 apartments for rent in Culver City, California, or 41% of all rentals are family households. Additionally, 24% of rental homes include children under the age of 18 – that’s 1,890 units. All in all, the median size of a renter-occupied household in Culver City, California is 2.04.
Culver City, California | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 54% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Culver City, California.
Culver City, California | Renter-occupied units by year structure built**
The highest share of Culver City, California apartment rentals, namely 24% or 1,936 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (21%, 1,718 units), and the ones Built 1950 - 1959 (21%, 1,693 units).
Culver City, California | Renter-occupied units by year householder moved in**
Median year renter moved into unit2015
Most Culver City, California renters (44%) moved in 2015 to 2016, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Culver City, California condos for rent is 2015.
Culver City, California | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 51% of Culver City, California renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 10% have No vehicle available.
Culver City, California | Means of transportation to work of householders living in renter-occupied housing units**
Culver City, California |Geographical mobility in the past year for householders living in renter-occupied housing units**
Culver City, California | Average apartment rent by zip codes
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 Culver City, 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, 2020 American Community Survey 5-Year Estimates
