El Cajon, 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 El Cajon, California rental market.

El Cajon, California

Average Apartment Rent

$2,230

Y-o-Y Change in Average
Apartment Rent

-1.1%

As of November 2024

Compared to a year ago, El Cajon, California apartments have recorded a -1.1% rent decrease.

El Cajon, 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
El Cajon $1,819 $1,937 $2,049 $2,149 $2,158 $2,190 $2,242 $2,214 $2,225 $2,230
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
El Cajon
National
Nov 2021
$1,819
$1,596
Mar 2022
$1,937
$1,635
Jul 2022
$2,049
$1,708
Nov 2022
$2,149
$1,726
Mar 2023
$2,158
$1,714
Jul 2023
$2,190
$1,739
Nov 2023
$2,242
$1,733
Mar 2024
$2,214
$1,727
Jul 2024
$2,225
$1,752
Nov 2024
$2,230
$1,748

El Cajon, California Average Apartment Rent

El Cajon, California Apartment rent ranges

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

At 70.04%, apartments priced Over $2,000 represent the bulk of El Cajon, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 1.56%.

El Cajon, California Housing tenure**

Renter occupied housing units 20,172
Owner occupied housing units 14,452

Renters take up 58% of El Cajon, California real estate, occupying a total of 20,172 units, while homeowners live in 14,452 properties.

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

3.8

Renter median household income**

$48,927

Average household size of renter-occupied housing units**

2.99

Rental vacancy rate**

2.2%

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

No bedrooms 1,400
1 bed 5,660
2 beds 9,991
3 beds 2,492
4 beds 496
5 or more beds 133

There are 9,991 rentals in El Cajon, California with 2 beds making up the highest share of the market, at 50%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 133 units. Overall, the median number of rooms in El Cajon, California homes for rent is 3.8.

El Cajon, California Renter-occupied units by age of householder**

15 - 24 years 1,318
25 - 34 years 4,892
35 - 44 years 4,814
45 - 54 years 3,186
55 - 59 years 1,467
60 - 64 years 1,869
65 - 74 years 1,786
75 - 84 years 606
85 years and over 234

Most condos for rent in El Cajon, California are occupied by residents in the 35 - 44 years age group (24%), followed by those in the 25 - 34 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

El Cajon, California Renter-occupied housing units by family type**

Family households 14,368
Non-Family Households 5,804

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

With related children of the householder under 18 8,176
No related children of the householder under 18 11,996

A total of 14,368 apartments for rent in El Cajon, California, or 71% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 8,176 units. All in all, the median size of a renter-occupied household in El Cajon, California is 2.99.

El Cajon, California Renter-occupied housing units by educational attainment**

Less than high school graduate 2,515
High school graduate (including equivalency) 5,839
Some college or associate's degree 7,587
Bachelor's degree or higher 4,231

In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in El Cajon, California.

El Cajon, California Renter-occupied units by year structure built**

Built 2010 - 2019 327
Built 2000 - 2009 584
Built 1990 - 1999 1,333
Built 1980 - 1989 3,921
Built 1970 - 1979 7,377
Built 1960 - 1969 3,726
Built 1950 - 1959 2,252
Built 1940 - 1949 395
Built 1939 or earlier 257

The highest share of El Cajon, California apartment rentals, namely 37% or 7,377 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (19%, 3,921 units), and the ones Built 1960 - 1969 (18%, 3,726 units).

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

Moved in 2021 or later 1,281
Moved in 2018 to 2020 5,859
Moved in 2010 to 2017 9,180
Moved in 2000 to 2009 3,031
Moved in 1990 to 1999 696
Moved in 1989 or earlier 125

Median year renter moved into unit 2015

Most El Cajon, California renters (46%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their El Cajon, California condos for rent is 2015.

El Cajon, California Renter-occupied housing units by vehicles available**

No vehicle available 2,344
1 vehicle available 8,856
2 vehicles available 6,789
3 vehicles available 1,630
4 vehicles available 420
5 or more vehicles available 133

When it comes to transportation options, 44% of El Cajon, California renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 12% have No vehicle available.

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

Car, truck, or van - drove alone 19,535
Car, truck, or van - carpooled 2,649
Public transportation (excluding taxicab) 1,040
Walked 539
Taxicab, motorcycle, bicycle, or other means 745
Worked at home 1,625

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

Same house as 1 year ago 47,728
Moved within same county 8,087
Moved from different county within same state 821
Moved from different state 1,804
Moved from abroad 685

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 El Cajon, 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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