Fountain Valley, 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 Fountain Valley, California rental market.
Fountain Valley, California
Average Apartment Rent
$2,603
Y-o-Y Change in Average
Apartment Rent
-0%
As of November 2024
Compared to a year ago, Fountain Valley, California apartments have recorded a -0% rent decrease.
Fountain Valley, California Average apartment rent trend
Fountain Valley, California Average Apartment Rent
Fountain Valley, California Housing tenure**
Renters take up 34% of Fountain Valley, California real estate, occupying a total of 6,451 units, while homeowners live in 12,455 properties.
Median number of rooms of renter-occupied housing units**
4.4
Renter median household income**
$73,968
Average household size of renter-occupied housing units**
2.9
Rental vacancy rate**
0.9%
Fountain Valley, California Renter-occupied housing units by no. of bedrooms**
There are 1,947 rentals in Fountain Valley, California with 2 beds making up the highest share of the market, at 30%. Units with No bedrooms, on the other hand, hold the lowest percentage (5%), amounting to 319 units. Overall, the median number of rooms in Fountain Valley, California homes for rent is 4.4.
Fountain Valley, California Renter-occupied units by age of householder**
Most condos for rent in Fountain Valley, California are occupied by residents in the 35 - 44 years age group (21%), followed by those in the 25 - 34 years age group (20%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.
Fountain Valley, California Renter-occupied housing units by family type**
Fountain Valley, California Renter-occupied housing units by the presence of own children**
A total of 3,825 apartments for rent in Fountain Valley, California, or 59% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 2,254 units. All in all, the median size of a renter-occupied household in Fountain Valley, California is 2.9.
Fountain Valley, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 42% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Fountain Valley, California.
Fountain Valley, California Renter-occupied units by year structure built**
The highest share of Fountain Valley, California apartment rentals, namely 43% or 2,786 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (22%, 1,396 units), and the ones Built 1980 - 1989 (16%, 1,004 units).
Fountain Valley, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Fountain Valley, California renters (44%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Fountain Valley, California condos for rent is 2016.
Fountain Valley, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 40% of Fountain Valley, California renters have 2 vehicles available per household, 30% of them have 1 vehicle available, and 11% have 3 vehicles available.
Fountain Valley, California Means of transportation to work of householders living in renter-occupied housing units**
Fountain Valley, 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 Fountain Valley, 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
