Hesperia, 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 Hesperia, California rental market.

Hesperia, California

Average Apartment Rent

$2,043

Y-o-Y Change in Average
Apartment Rent

-1.2%

As of November 2024

Compared to a year ago, Hesperia, California apartments have recorded a -1.2% rent decrease.

Hesperia, California Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Hesperia $1,679 $1,788 $1,889 $1,937 $1,959 $1,981 $2,068 $2,042 $2,107 $2,043
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Hesperia
National
Nov 2021
$1,679
$1,596
Mar 2022
$1,788
$1,635
Jul 2022
$1,889
$1,708
Nov 2022
$1,937
$1,726
Mar 2023
$1,959
$1,714
Jul 2023
$1,981
$1,739
Nov 2023
$2,068
$1,733
Mar 2024
$2,042
$1,727
Jul 2024
$2,107
$1,752
Nov 2024
$2,043
$1,748

Hesperia, California Average Apartment Rent

Hesperia, California Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 58.28%, apartments priced Over $2,000 represent the bulk of Hesperia, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 9.02%.

Hesperia, California Housing tenure**

Renter occupied housing units 10,482
Owner occupied housing units 18,205

Renters take up 37% of Hesperia, California real estate, occupying a total of 10,482 units, while homeowners live in 18,205 properties.

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

5.2

Renter median household income**

$45,870

Average household size of renter-occupied housing units**

3.31

Rental vacancy rate**

2.3%

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

No bedrooms 384
1 bed 949
2 beds 3,485
3 beds 3,946
4 beds 1,291
5 or more beds 427

There are 3,946 rentals in Hesperia, California with 3 beds making up the highest share of the market, at 38%. Units with No bedrooms, on the other hand, hold the lowest percentage (4%), amounting to 384 units. Overall, the median number of rooms in Hesperia, California homes for rent is 5.2.

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

15 - 24 years 552
25 - 34 years 2,473
35 - 44 years 2,536
45 - 54 years 1,736
55 - 59 years 901
60 - 64 years 818
65 - 74 years 1,084
75 - 84 years 307
85 years and over 75

Most condos for rent in Hesperia, California are occupied by residents in the 35 - 44 years age group (24%), followed by those in the 25 - 34 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 7,748
Non-Family Households 2,734

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

With related children of the householder under 18 5,190
No related children of the householder under 18 5,292

A total of 7,748 apartments for rent in Hesperia, California, or 74% of all rentals are family households. Additionally, 50% of rental homes include children under the age of 18 – that’s 5,190 units. All in all, the median size of a renter-occupied household in Hesperia, California is 3.31.

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

Less than high school graduate 2,426
High school graduate (including equivalency) 3,390
Some college or associate's degree 3,602
Bachelor's degree or higher 1,064

In terms of education, renters holding bachelor degrees or higher make up 10% of the rental market. In contrast, residents with less than a high school degree reside in 23% of the homes for rent in Hesperia, California.

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

Built 2020 or later 65
Built 2010 - 2019 558
Built 2000 - 2009 2,062
Built 1990 - 1999 1,826
Built 1980 - 1989 2,484
Built 1970 - 1979 2,047
Built 1960 - 1969 1,039
Built 1950 - 1959 306
Built 1940 - 1949 71

The highest share of Hesperia, California apartment rentals, namely 24% or 2,484 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (20%, 2,062 units), and the ones Built 1970 - 1979 (20%, 2,047 units).

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

Moved in 2021 or later 572
Moved in 2018 to 2020 2,865
Moved in 2010 to 2017 6,013
Moved in 2000 to 2009 783
Moved in 1990 to 1999 183
Moved in 1989 or earlier 66

Median year renter moved into unit 2016

Most Hesperia, California renters (57%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Hesperia, California condos for rent is 2016.

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

No vehicle available 610
1 vehicle available 3,026
2 vehicles available 4,246
3 vehicles available 1,568
4 vehicles available 755
5 or more vehicles available 277

When it comes to transportation options, 41% of Hesperia, California renters have 2 vehicles available per household, 29% of them have 1 vehicle available, and 15% have 3 vehicles available.

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

Car, truck, or van - drove alone 9,881
Car, truck, or van - carpooled 1,404
Walked 301
Taxicab, motorcycle, bicycle, or other means 262
Worked at home 1,000

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

Same house as 1 year ago 30,649
Moved within same county 2,246
Moved from different county within same state 900
Moved from different state 287

Hesperia, California Average apartment rent by zip codes


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 Hesperia, 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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