Danville Town, 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 Danville Town, California rental market.
Highlights
An apartment for rent in Danville Town, California typically goes for $3,389 per month, while a single-family home for rent in Danville Town, California has a monthly cost of around $3,550. Renter-occupied units make up 13% of the local housing market, while the rental vacancy rate in Danville Town, California is at 3.6.
Danville Town, California
Average Apartment Rent
$3,389
Y-o-Y Change in Average
Apartment Rent
-2.2%
Average Single-Family Rent
$3,550
As of November 2024
Compared to a year ago, Danville Town, California apartments have recorded a -2.2% rent decrease.
Danville Town, California Average apartment rent trend
Danville Town, California Average Apartment Rent
Danville Town, California Housing tenure**
Renters take up 13% of Danville Town, California real estate, occupying a total of 2,067 units, while homeowners live in 13,659 properties.
Median number of rooms of renter-occupied housing units**
5.2
Renter median household income**
$148,244
Average household size of renter-occupied housing units**
2.65
Rental vacancy rate**
3.6%
Danville Town, California Renter-occupied housing units by no. of bedrooms**
There are 772 rentals in Danville Town, California with 3 beds making up the highest share of the market, at 37%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 35 units. Overall, the median number of rooms in Danville Town, California homes for rent is 5.2.
Danville Town, California Renter-occupied units by age of householder**
Most condos for rent in Danville Town, California are occupied by residents in the 35 - 44 years age group (26%), followed by those in the 25 - 34 years age group (15%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Danville Town, California Renter-occupied housing units by family type**
Danville Town, California Renter-occupied housing units by the presence of own children**
A total of 1,218 apartments for rent in Danville Town, California, or 59% of all rentals are family households. Additionally, 42% of rental homes include children under the age of 18 – that’s 860 units. All in all, the median size of a renter-occupied household in Danville Town, California is 2.65.
Danville Town, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 60% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Danville Town, California.
Danville Town, California Renter-occupied units by year structure built**
The highest share of Danville Town, California apartment rentals, namely 32% or 660 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (23%, 466 units), and the ones Built 1960 - 1969 (14%, 295 units).
Danville Town, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Danville Town, California renters (39%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Danville Town, California condos for rent is 2018.
Danville Town, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 45% of Danville Town, California renters have 2 vehicles available per household, 33% of them have 1 vehicle available, and 10% have No vehicle available.
Danville Town, California Means of transportation to work of householders living in renter-occupied housing units**
Danville Town, California Geographical mobility in the past year for householders living in renter-occupied housing units**
Danville Town, 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 Danville Town, 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
