Fair 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 Fair Oaks, California rental market.
Fair Oaks, California
Average Apartment Rent
$1,860
Y-o-Y Change in Average
Apartment Rent
0.4%
As of May 2026
Compared to a year ago, Fair Oaks, California apartments have recorded a 0.4% rent increase.
Fair Oaks, California Average apartment rent trend
Fair Oaks, California Average Apartment Rent
Fair Oaks, California Apartment rent ranges
At 78.64%, apartments priced $1,500 - $2,000 represent the bulk of Fair Oaks, California rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.43%.
Fair Oaks, California Housing tenure**
Renters take up 29% of Fair Oaks, California real estate, occupying a total of 3,820 units, while homeowners live in 9,216 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$78,151
Average household size of renter-occupied housing units**
2.28
Rental vacancy rate**
3.4%
Fair Oaks, California Renter-occupied housing units by no. of bedrooms**
There are 1,783 rentals in Fair Oaks, California with 2 beds making up the highest share of the market, at 47%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 25 units. Overall, the median number of rooms in Fair Oaks, California homes for rent is 4.
Fair Oaks, California Renter-occupied units by age of householder**
Most condos for rent in Fair Oaks, California are occupied by residents in the 35 - 44 years age group (22%), followed by those in the 25 - 34 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Fair Oaks, California Renter-occupied housing units by family type**
Fair Oaks, California Renter-occupied housing units by the presence of own children**
A total of 1,937 apartments for rent in Fair Oaks, California, or 51% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 1,148 units. All in all, the median size of a renter-occupied household in Fair Oaks, California is 2.28.
Fair Oaks, California Renter-occupied housing units by educational attainment**
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 3% of the homes for rent in Fair Oaks, California.
Fair Oaks, California Renter-occupied units by year structure built**
The highest share of Fair Oaks, California apartment rentals, namely 23% or 862 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (21%, 817 units), and the ones Built 2000 - 2009 (16%, 623 units).
Fair Oaks, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Fair Oaks, California renters (40%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Fair Oaks, California condos for rent is 2018.
Fair Oaks, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of Fair Oaks, California renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 9% have 3 vehicles available.
Fair Oaks, California Means of transportation to work of householders living in renter-occupied housing units**
Fair 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 Fair 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
