Industry, 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 Industry, California rental market.

Industry, California

Average Apartment Rent

$2,224

Y-o-Y Change in Average
Apartment Rent

2.3%

As of November 2024

Compared to a year ago, Industry, California apartments have recorded a 2.3% rent increase.

Industry, 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
Industry $1,879 $1,964 $2,070 $2,107 $2,140 $2,126 $2,175 $2,156 $2,196 $2,224
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Industry
National
Nov 2021
$1,879
$1,596
Mar 2022
$1,964
$1,635
Jul 2022
$2,070
$1,708
Nov 2022
$2,107
$1,726
Mar 2023
$2,140
$1,714
Jul 2023
$2,126
$1,739
Nov 2023
$2,175
$1,733
Mar 2024
$2,156
$1,727
Jul 2024
$2,196
$1,752
Nov 2024
$2,224
$1,748

Industry, California Average Apartment Rent

Industry, California Apartment rent ranges

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

At 61.22%, apartments priced Over $2,000 represent the bulk of Industry, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 38.78%.

Industry, California Housing tenure**

Renter occupied housing units 45
Owner occupied housing units 5

Renters take up 90% of Industry, California real estate, occupying a total of 45 units, while homeowners live in 5 properties.

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

4.1

Renter median household income**

$76,250

Average household size of renter-occupied housing units**

3.62

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

No bedrooms 1
1 bed 9
2 beds 17
3 beds 18

There are 18 rentals in Industry, California with 3 beds making up the highest share of the market, at 40%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 1 units. Overall, the median number of rooms in Industry, California homes for rent is 4.1.

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

25 - 34 years 14
35 - 44 years 12
45 - 54 years 1
55 - 59 years 7
65 - 74 years 10
75 - 84 years 1

Most condos for rent in Industry, California are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 35 - 44 years age group (27%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 2%.

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

Family households 24
Non-Family Households 21

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

With related children of the householder under 18 20
No related children of the householder under 18 25

A total of 24 apartments for rent in Industry, California, or 53% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 20 units. All in all, the median size of a renter-occupied household in Industry, California is 3.62.

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

Less than high school graduate 2
High school graduate (including equivalency) 16
Some college or associate's degree 13
Bachelor's degree or higher 14

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 4% of the homes for rent in Industry, California.

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

Built 2010 - 2019 1
Built 1980 - 1989 5
Built 1970 - 1979 4
Built 1960 - 1969 1
Built 1950 - 1959 16
Built 1940 - 1949 5
Built 1939 or earlier 13

The highest share of Industry, California apartment rentals, namely 36% or 16 units, were Built 1950 - 1959, followed by those Built 1939 or earlier (29%, 13 units), and the ones Built 1940 - 1949 (11%, 5 units).

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

Moved in 2018 to 2020 15
Moved in 2010 to 2017 21
Moved in 2000 to 2009 9

Median year renter moved into unit 2015

Most Industry, California renters (47%) moved in 2010 to 2017, while only 20% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Industry, California condos for rent is 2015.

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

1 vehicle available 11
2 vehicles available 24
3 vehicles available 7
4 or more vehicles available 3

When it comes to transportation options, 53% of Industry, California renters have 2 vehicles available per household, 24% of them have 1 vehicle available, and 16% have 3 vehicles available.

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

Car, truck, or van - drove alone 43
Car, truck, or van - carpooled 9
Public transportation (excluding taxicab) 4
Walked 1
Worked at home 15

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

Same house as 1 year ago 156

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 Industry, 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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