Grover Beach, 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 Grover Beach, California rental market.
Grover Beach, California
Average Apartment Rent
$2,870
Y-o-Y Change in Average
Apartment Rent
-1.9%
As of November 2024
Compared to a year ago, Grover Beach, California apartments have recorded a -1.9% rent decrease.
Grover Beach, California Average apartment rent trend
Grover Beach, California Average Apartment Rent
Grover Beach, California Housing tenure**
Renters take up 43% of Grover Beach, California real estate, occupying a total of 2,209 units, while homeowners live in 2,931 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$71,696
Average household size of renter-occupied housing units**
2.52
Rental vacancy rate**
5.7%
Grover Beach, California Renter-occupied housing units by no. of bedrooms**
There are 1,420 rentals in Grover Beach, California with 2 beds making up the highest share of the market, at 64%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 22 units. Overall, the median number of rooms in Grover Beach, California homes for rent is 4.1.
Grover Beach, California Renter-occupied units by age of householder**
Most condos for rent in Grover Beach, California are occupied by residents in the 35 - 44 years age group (33%), followed by those in the 25 - 34 years age group (29%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Grover Beach, California Renter-occupied housing units by family type**
Grover Beach, California Renter-occupied housing units by the presence of own children**
A total of 1,419 apartments for rent in Grover Beach, California, or 64% of all rentals are family households. Additionally, 43% of rental homes include children under the age of 18 – that’s 957 units. All in all, the median size of a renter-occupied household in Grover Beach, California is 2.52.
Grover Beach, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Grover Beach, California.
Grover Beach, California Renter-occupied units by year structure built**
The highest share of Grover Beach, California apartment rentals, namely 24% or 524 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (23%, 517 units), and the ones Built 1980 - 1989 (15%, 321 units).
Grover Beach, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Grover Beach, California renters (44%) moved in 2010 to 2017, while only 1% of them moved in 2021 or later. Overall, the median year renters have occupied their Grover Beach, California condos for rent is 2016.
Grover Beach, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Grover Beach, California renters have 1 vehicle available per household, 39% of them have 2 vehicles available, and 12% have 3 vehicles available.
Grover Beach, California Means of transportation to work of householders living in renter-occupied housing units**
Grover Beach, 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 Grover Beach, 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
