Dana Point, 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 Dana Point, California rental market.
Dana Point, California
Average Apartment Rent
$3,392
Y-o-Y Change in Average
Apartment Rent
2%
As of November 2024
Compared to a year ago, Dana Point, California apartments have recorded a 2% rent increase.
Dana Point, California Average apartment rent trend
Dana Point, California Average Apartment Rent
Dana Point, California Housing tenure**
Renters take up 37% of Dana Point, California real estate, occupying a total of 5,252 units, while homeowners live in 8,925 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$100,439
Average household size of renter-occupied housing units**
2.34
Rental vacancy rate**
5.5%
Dana Point, California Renter-occupied housing units by no. of bedrooms**
There are 2,397 rentals in Dana Point, California with 2 beds making up the highest share of the market, at 46%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 142 units. Overall, the median number of rooms in Dana Point, California homes for rent is 4.3.
Dana Point, California Renter-occupied units by age of householder**
Most condos for rent in Dana Point, California are occupied by residents in the 35 - 44 years age group (20%), followed by those in the 55 - 59 years age group (17%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Dana Point, California Renter-occupied housing units by family type**
Dana Point, California Renter-occupied housing units by the presence of own children**
A total of 3,017 apartments for rent in Dana Point, California, or 57% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 1,320 units. All in all, the median size of a renter-occupied household in Dana Point, California is 2.34.
Dana Point, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Dana Point, California.
Dana Point, California Renter-occupied units by year structure built**
The highest share of Dana Point, California apartment rentals, namely 30% or 1,579 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (27%, 1,406 units), and the ones Built 1960 - 1969 (18%, 940 units).
Dana Point, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Dana Point, California renters (40%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Dana Point, California condos for rent is 2018.
Dana Point, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 45% of Dana Point, California renters have 2 vehicles available per household, 36% of them have 1 vehicle available, and 10% have 3 vehicles available.
Dana Point, California Means of transportation to work of householders living in renter-occupied housing units**
Dana Point, 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 Dana Point, 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
