Gustine, 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 Gustine, California rental market.
Gustine, California
Average Apartment Rent
$1,395
Y-o-Y Change in Average
Apartment Rent
-9.8%
As of November 2024
Compared to a year ago, Gustine, California apartments have recorded a -9.8% rent decrease.
Gustine, California Average apartment rent trend
Gustine, California Average Apartment Rent
Gustine, California Housing tenure**
Renters take up 49% of Gustine, California real estate, occupying a total of 1,133 units, while homeowners live in 1,174 properties.
Median number of rooms of renter-occupied housing units**
5
Renter median household income**
$45,495
Average household size of renter-occupied housing units**
2.56
Gustine, California Renter-occupied housing units by no. of bedrooms**
There are 380 rentals in Gustine, California with 3 beds making up the highest share of the market, at 34%. Units with 1 bed, on the other hand, hold the lowest percentage (5%), amounting to 54 units. Overall, the median number of rooms in Gustine, California homes for rent is 5.
Gustine, California Renter-occupied units by age of householder**
Most condos for rent in Gustine, California are occupied by residents in the 45 - 54 years age group (28%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Gustine, California Renter-occupied housing units by family type**
Gustine, California Renter-occupied housing units by the presence of own children**
A total of 679 apartments for rent in Gustine, California, or 60% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 280 units. All in all, the median size of a renter-occupied household in Gustine, California is 2.56.
Gustine, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 16% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in Gustine, California.
Gustine, California Renter-occupied units by year structure built**
The highest share of Gustine, California apartment rentals, namely 35% or 402 units, were Built 1970 - 1979, followed by those Built 2000 - 2009 (22%, 245 units), and the ones Built 1960 - 1969 (21%, 241 units).
Gustine, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Gustine, California renters (45%) moved in 2018 to 2020, while only 12% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Gustine, California condos for rent is 2017.
Gustine, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 36% of Gustine, California renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 17% have 3 vehicles available.
Gustine, California Means of transportation to work of householders living in renter-occupied housing units**
Gustine, 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 Gustine, 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
