La Mesa, 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 La Mesa, California rental market.

La Mesa, California

Average Apartment Rent

$2,492

Y-o-Y Change in Average
Apartment Rent

0.4%

As of November 2024

Compared to a year ago, La Mesa, California apartments have recorded a 0.4% rent increase.

La Mesa, 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
La Mesa $2,063 $2,178 $2,313 $2,428 $2,441 $2,505 $2,483 $2,459 $2,468 $2,492
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
La Mesa
National
Nov 2021
$2,063
$1,596
Mar 2022
$2,178
$1,635
Jul 2022
$2,313
$1,708
Nov 2022
$2,428
$1,726
Mar 2023
$2,441
$1,714
Jul 2023
$2,505
$1,739
Nov 2023
$2,483
$1,733
Mar 2024
$2,459
$1,727
Jul 2024
$2,468
$1,752
Nov 2024
$2,492
$1,748

La Mesa, California Average Apartment Rent

La Mesa, California Apartment rent ranges

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

At 82.14%, apartments priced Over $2,000 represent the bulk of La Mesa, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 1.86%.

La Mesa, California Housing tenure**

Renter occupied housing units 13,701
Owner occupied housing units 11,123

Renters take up 55% of La Mesa, California real estate, occupying a total of 13,701 units, while homeowners live in 11,123 properties.

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

3.6

Renter median household income**

$58,467

Average household size of renter-occupied housing units**

2.25

Rental vacancy rate**

3.1%

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

No bedrooms 1,162
1 bed 4,998
2 beds 5,259
3 beds 2,051
4 beds 178

There are 5,259 rentals in La Mesa, California with 2 beds making up the highest share of the market, at 38%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 178 units. Overall, the median number of rooms in La Mesa, California homes for rent is 3.6.

La Mesa, California Renter-occupied units by age of householder**

15 - 24 years 1,290
25 - 34 years 3,616
35 - 44 years 2,439
45 - 54 years 2,309
55 - 59 years 830
60 - 64 years 939
65 - 74 years 1,063
75 - 84 years 529
85 years and over 686

Most condos for rent in La Mesa, California are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 4%.

La Mesa, California Renter-occupied housing units by family type**

Family households 6,644
Non-Family Households 7,057

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

With related children of the householder under 18 3,772
No related children of the householder under 18 9,929

A total of 6,644 apartments for rent in La Mesa, California, or 48% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 3,772 units. All in all, the median size of a renter-occupied household in La Mesa, California is 2.25.

La Mesa, California Renter-occupied housing units by educational attainment**

Less than high school graduate 1,040
High school graduate (including equivalency) 2,449
Some college or associate's degree 6,000
Bachelor's degree or higher 4,212

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 La Mesa, California.

La Mesa, California Renter-occupied units by year structure built**

Built 2010 - 2019 675
Built 2000 - 2009 933
Built 1990 - 1999 873
Built 1980 - 1989 2,332
Built 1970 - 1979 4,019
Built 1960 - 1969 1,936
Built 1950 - 1959 1,684
Built 1940 - 1949 648
Built 1939 or earlier 534

The highest share of La Mesa, California apartment rentals, namely 29% or 4,019 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (17%, 2,332 units), and the ones Built 1960 - 1969 (14%, 1,936 units).

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

Moved in 2021 or later 869
Moved in 2018 to 2020 4,751
Moved in 2010 to 2017 6,427
Moved in 2000 to 2009 1,302
Moved in 1990 to 1999 252
Moved in 1989 or earlier 100

Median year renter moved into unit 2016

Most La Mesa, California renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their La Mesa, California condos for rent is 2016.

La Mesa, California Renter-occupied housing units by vehicles available**

No vehicle available 1,653
1 vehicle available 6,124
2 vehicles available 4,675
3 vehicles available 829
4 vehicles available 281
5 or more vehicles available 139

When it comes to transportation options, 45% of La Mesa, California renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 12% have No vehicle available.

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

Car, truck, or van - drove alone 11,862
Car, truck, or van - carpooled 1,482
Public transportation (excluding taxicab) 638
Walked 390
Taxicab, motorcycle, bicycle, or other means 399
Worked at home 1,736

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

Same house as 1 year ago 23,104
Moved within same county 5,584
Moved from different county within same state 550
Moved from different state 878

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 La Mesa, 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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