Eastvale, 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 Eastvale, California rental market.

Eastvale, California

Average Apartment Rent

$2,324

Y-o-Y Change in Average
Apartment Rent

2.5%

As of November 2024

Compared to a year ago, Eastvale, California apartments have recorded a 2.5% rent increase.

Eastvale, 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
Eastvale $2,224 $2,305 $2,347 $2,301 $2,259 $2,221 $2,268 $2,282 $2,304 $2,324
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Eastvale
National
Nov 2021
$2,224
$1,596
Mar 2022
$2,305
$1,635
Jul 2022
$2,347
$1,708
Nov 2022
$2,301
$1,726
Mar 2023
$2,259
$1,714
Jul 2023
$2,221
$1,739
Nov 2023
$2,268
$1,733
Mar 2024
$2,282
$1,727
Jul 2024
$2,304
$1,752
Nov 2024
$2,324
$1,748

Eastvale, California Average Apartment Rent

Eastvale, California Apartment rent ranges

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

At 64.24%, apartments priced Over $2,000 represent the bulk of Eastvale, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 4.97%.

Eastvale, California Housing tenure**

Renter occupied housing units 3,850
Owner occupied housing units 13,400

Renters take up 22% of Eastvale, California real estate, occupying a total of 3,850 units, while homeowners live in 13,400 properties.

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

7

Renter median household income**

$139,730

Average household size of renter-occupied housing units**

4.18

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

No bedrooms 51
2 beds 944
3 beds 705
4 beds 1,032
5 or more beds 1,104

There are 1,104 rentals in Eastvale, California with 5 or more beds making up the highest share of the market, at 29%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 51 units. Overall, the median number of rooms in Eastvale, California homes for rent is 7.

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

15 - 24 years 79
25 - 34 years 1,105
35 - 44 years 884
45 - 54 years 945
55 - 59 years 307
60 - 64 years 149
65 - 74 years 260
75 - 84 years 121

Most condos for rent in Eastvale, California are occupied by residents in the 25 - 34 years age group (29%), followed by those in the 45 - 54 years age group (25%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.

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

Family households 3,453
Non-Family Households 397

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

With related children of the householder under 18 2,010
No related children of the householder under 18 1,840

A total of 3,453 apartments for rent in Eastvale, California, or 90% of all rentals are family households. Additionally, 52% of rental homes include children under the age of 18 – that’s 2,010 units. All in all, the median size of a renter-occupied household in Eastvale, California is 4.18.

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

Less than high school graduate 446
High school graduate (including equivalency) 768
Some college or associate's degree 1,391
Bachelor's degree or higher 1,245

In terms of education, renters holding bachelor degrees or higher make up 32% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Eastvale, California.

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

Built 2010 - 2019 1,248
Built 2000 - 2009 1,915
Built 1990 - 1999 548
Built 1970 - 1979 34
Built 1960 - 1969 35
Built 1950 - 1959 30
Built 1940 - 1949 40

The highest share of Eastvale, California apartment rentals, namely 50% or 1,915 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (32%, 1,248 units), and the ones Built 1990 - 1999 (14%, 548 units).

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

Moved in 2021 or later 178
Moved in 2018 to 2020 1,367
Moved in 2010 to 2017 1,960
Moved in 2000 to 2009 310
Moved in 1990 to 1999 35

Median year renter moved into unit 2016

Most Eastvale, California renters (51%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Eastvale, California condos for rent is 2016.

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

No vehicle available 133
1 vehicle available 386
2 vehicles available 1,596
3 vehicles available 759
4 vehicles available 694
5 or more vehicles available 282

When it comes to transportation options, 41% of Eastvale, California renters have 2 vehicles available per household, 20% of them have 3 vehicles available, and 18% have 4 vehicles available.

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

Car, truck, or van - drove alone 6,305
Car, truck, or van - carpooled 1,043
Taxicab, motorcycle, bicycle, or other means 113
Worked at home 1,018

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

Same house as 1 year ago 12,908
Moved within same county 606
Moved from different county within same state 2,246
Moved from different state 118

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 Eastvale, 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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