Garden Grove, 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 Garden Grove, California rental market.
Garden Grove, California
Average Apartment Rent
$2,377
Y-o-Y Change in Average
Apartment Rent
3.9%
As of November 2024
Compared to a year ago, Garden Grove, California apartments have recorded a 3.9% rent increase.
Garden Grove, California Average apartment rent trend
Garden Grove, California Average Apartment Rent
Garden Grove, California Apartment rent ranges
At 77.87%, apartments priced Over $2,000 represent the bulk of Garden Grove, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 2.39%.
Garden Grove, California Housing tenure**
Renters take up 46% of Garden Grove, California real estate, occupying a total of 22,144 units, while homeowners live in 26,039 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$62,954
Average household size of renter-occupied housing units**
3.43
Rental vacancy rate**
3.5%
Garden Grove, California Renter-occupied housing units by no. of bedrooms**
There are 8,247 rentals in Garden Grove, California with 2 beds making up the highest share of the market, at 37%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 244 units. Overall, the median number of rooms in Garden Grove, California homes for rent is 4.1.
Garden Grove, California Renter-occupied units by age of householder**
Most condos for rent in Garden Grove, California are occupied by residents in the 45 - 54 years age group (26%), followed by those in the 35 - 44 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%.
Garden Grove, California Renter-occupied housing units by family type**
Garden Grove, California Renter-occupied housing units by the presence of own children**
A total of 16,858 apartments for rent in Garden Grove, California, or 76% of all rentals are family households. Additionally, 40% of rental homes include children under the age of 18 – that’s 8,779 units. All in all, the median size of a renter-occupied household in Garden Grove, California is 3.43.
Garden Grove, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 20% of the rental market. In contrast, residents with less than a high school degree reside in 28% of the homes for rent in Garden Grove, California.
Garden Grove, California Renter-occupied units by year structure built**
The highest share of Garden Grove, California apartment rentals, namely 26% or 5,808 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (22%, 4,764 units), and the ones Built 1970 - 1979 (22%, 4,763 units).
Garden Grove, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2014
Most Garden Grove, California renters (46%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Garden Grove, California condos for rent is 2014.
Garden Grove, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 35% of Garden Grove, California renters have 2 vehicles available per household, 30% of them have 1 vehicle available, and 15% have 3 vehicles available.
Garden Grove, California Means of transportation to work of householders living in renter-occupied housing units**
Garden Grove, 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 Garden Grove, 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