Kerman, 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 Kerman, California rental market.
Kerman, California
Average Apartment Rent
$1,400
Y-o-Y Change in Average
Apartment Rent
8.5%
As of November 2024
Compared to a year ago, Kerman, California apartments have recorded a 8.5% rent increase.
Kerman, California Average apartment rent trend
Kerman, California Average Apartment Rent
Kerman, California Apartment rent ranges
At 53.52%, apartments priced $1,000 - $1,500 represent the bulk of Kerman, California rentals, while condos priced $700 - $1000 hold the lowest share of the market – 17.06%.
Kerman, California Housing tenure**
Renters take up 52% of Kerman, California real estate, occupying a total of 2,329 units, while homeowners live in 2,117 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$43,543
Average household size of renter-occupied housing units**
3.47
Kerman, California Renter-occupied housing units by no. of bedrooms**
There are 978 rentals in Kerman, California with 2 beds making up the highest share of the market, at 42%. Units with No bedrooms, on the other hand, hold the lowest percentage (8%), amounting to 186 units. Overall, the median number of rooms in Kerman, California homes for rent is 4.5.
Kerman, California Renter-occupied units by age of householder**
Most condos for rent in Kerman, California are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 45 - 54 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 – 1%.
Kerman, California Renter-occupied housing units by family type**
Kerman, California Renter-occupied housing units by the presence of own children**
A total of 1,550 apartments for rent in Kerman, California, or 67% of all rentals are family households. Additionally, 47% of rental homes include children under the age of 18 – that’s 1,084 units. All in all, the median size of a renter-occupied household in Kerman, California is 3.47.
Kerman, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 3% of the rental market. In contrast, residents with less than a high school degree reside in 49% of the homes for rent in Kerman, California.
Kerman, California Renter-occupied units by year structure built**
The highest share of Kerman, California apartment rentals, namely 25% or 592 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (25%, 585 units), and the ones Built 2000 - 2009 (17%, 393 units).
Kerman, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2014
Most Kerman, California renters (52%) moved in 2010 to 2017, while only 4% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Kerman, California condos for rent is 2014.
Kerman, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Kerman, California renters have 2 vehicles available per household, 28% of them have 1 vehicle available, and 13% have 3 vehicles available.
Kerman, California Means of transportation to work of householders living in renter-occupied housing units**
Kerman, 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 Kerman, 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
