Del Rey Oaks, 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 Del Rey Oaks, California rental market.
Del Rey Oaks, California
Average Apartment Rent
$2,788
Y-o-Y Change in Average
Apartment Rent
8.6%
As of November 2024
Compared to a year ago, Del Rey Oaks, California apartments have recorded a 8.6% rent increase.
Del Rey Oaks, California Average apartment rent trend
Del Rey Oaks, California Average Apartment Rent
Del Rey Oaks, California Apartment rent ranges
At 93.99%, apartments priced Over $2,000 represent the bulk of Del Rey Oaks, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 6.01%.
Del Rey Oaks, California Housing tenure**
Renters take up 25% of Del Rey Oaks, California real estate, occupying a total of 159 units, while homeowners live in 485 properties.
Median number of rooms of renter-occupied housing units**
5.6
Renter median household income**
$106,705
Average household size of renter-occupied housing units**
3.06
Del Rey Oaks, California Renter-occupied housing units by no. of bedrooms**
There are 101 rentals in Del Rey Oaks, California with 3 beds making up the highest share of the market, at 64%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 6 units. Overall, the median number of rooms in Del Rey Oaks, California homes for rent is 5.6.
Del Rey Oaks, California Renter-occupied units by age of householder**
Most condos for rent in Del Rey Oaks, California are occupied by residents in the 35 - 44 years age group (23%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Del Rey Oaks, California Renter-occupied housing units by family type**
Del Rey Oaks, California Renter-occupied housing units by the presence of own children**
A total of 120 apartments for rent in Del Rey Oaks, California, or 75% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 56 units. All in all, the median size of a renter-occupied household in Del Rey Oaks, California is 3.06.
Del Rey Oaks, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 23% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Del Rey Oaks, California.
Del Rey Oaks, California Renter-occupied units by year structure built**
The highest share of Del Rey Oaks, California apartment rentals, namely 52% or 82 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (25%, 39 units), and the ones Built 1980 - 1989 (14%, 22 units).
Del Rey Oaks, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Del Rey Oaks, California renters (50%) moved in 2010 to 2017, while only 4% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Del Rey Oaks, California condos for rent is 2015.
Del Rey Oaks, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Del Rey Oaks, California renters have 3 vehicles available per household, 26% of them have 2 vehicles available, and 23% have 1 vehicle available.
Del Rey Oaks, California Means of transportation to work of householders living in renter-occupied housing units**
Del Rey Oaks, 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 Del Rey Oaks, 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
