Fallbrook, 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 Fallbrook, California rental market.

Fallbrook, California

Average Apartment Rent

$1,858

Y-o-Y Change in Average
Apartment Rent

-1%

As of March 2026

Compared to a year ago, Fallbrook, California apartments have recorded a -1% rent decrease.

Fallbrook, California Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Fallbrook $1,749 $1,764 $1,771 $1,782 $1,826 $1,877 $1,863 $1,835 $1,858
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Fallbrook
National
Jul 2023
$1,749
$1,735
Nov 2023
$1,764
$1,724
Mar 2024
$1,771
$1,729
Jul 2024
$1,782
$1,750
Nov 2024
$1,826
$1,743
Mar 2025
$1,877
$1,749
Jul 2025
$1,863
$1,763
Nov 2025
$1,835
$1,749
Mar 2026
$1,858
$1,750

Fallbrook, California Average Apartment Rent

Fallbrook, California Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 69.61%, apartments priced $1,500 - $2,000 represent the bulk of Fallbrook, California rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.19%.

Fallbrook, California Housing tenure**

Renter occupied housing units 4,272
Owner occupied housing units 6,062

Renters take up 41% of Fallbrook, California real estate, occupying a total of 4,272 units, while homeowners live in 6,062 properties.

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

4.3

Renter median household income**

$54,358

Average household size of renter-occupied housing units**

3.4

Rental vacancy rate**

2%

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

No bedrooms 224
1 bed 830
2 beds 2,050
3 beds 943
4 beds 217

There are 2,050 rentals in Fallbrook, California with 2 beds making up the highest share of the market, at 48%. Units with 4 beds, on the other hand, hold the lowest percentage (5%), amounting to 217 units. Overall, the median number of rooms in Fallbrook, California homes for rent is 4.3.

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

15 - 24 years 489
25 - 34 years 1,229
35 - 44 years 793
45 - 54 years 746
55 - 59 years 232
60 - 64 years 295
65 - 74 years 258
75 - 84 years 99
85 years and over 131

Most condos for rent in Fallbrook, California are occupied by residents in the 25 - 34 years age group (29%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.

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

Family households 3,159
Non-Family Households 1,113

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

With related children of the householder under 18 2,122
No related children of the householder under 18 2,150

A total of 3,159 apartments for rent in Fallbrook, California, or 74% of all rentals are family households. Additionally, 50% of rental homes include children under the age of 18 – that’s 2,122 units. All in all, the median size of a renter-occupied household in Fallbrook, California is 3.4.

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

Less than high school graduate 1,127
High school graduate (including equivalency) 1,133
Some college or associate's degree 1,495
Bachelor's degree or higher 517

In terms of education, renters holding bachelor degrees or higher make up 12% of the rental market. In contrast, residents with less than a high school degree reside in 26% of the homes for rent in Fallbrook, California.

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

Built 2010 - 2019 166
Built 2000 - 2009 160
Built 1990 - 1999 687
Built 1980 - 1989 911
Built 1970 - 1979 1,090
Built 1960 - 1969 950
Built 1950 - 1959 224
Built 1940 - 1949 55
Built 1939 or earlier 29

The highest share of Fallbrook, California apartment rentals, namely 26% or 1,090 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (22%, 950 units), and the ones Built 1980 - 1989 (21%, 911 units).

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

Moved in 2021 or later 272
Moved in 2018 to 2020 1,544
Moved in 2010 to 2017 1,730
Moved in 2000 to 2009 420
Moved in 1990 to 1999 182
Moved in 1989 or earlier 124

Median year renter moved into unit 2017

Most Fallbrook, California renters (40%) moved in 2010 to 2017, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Fallbrook, California condos for rent is 2017.

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

No vehicle available 460
1 vehicle available 1,166
2 vehicles available 1,716
3 vehicles available 615
4 vehicles available 220
5 or more vehicles available 95

When it comes to transportation options, 40% of Fallbrook, California renters have 2 vehicles available per household, 27% of them have 1 vehicle available, and 14% have 3 vehicles available.

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

Car, truck, or van - drove alone 4,642
Car, truck, or van - carpooled 604
Public transportation (excluding taxicab) 209
Walked 275
Taxicab, motorcycle, bicycle, or other means 353
Worked at home 245

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

Same house as 1 year ago 12,163
Moved within same county 1,322
Moved from different county within same state 592
Moved from different state 228

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 Fallbrook, 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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