Laguna Hills, 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 Laguna Hills, California rental market.

Laguna Hills, California

Average Apartment Rent

$2,806

Y-o-Y Change in Average
Apartment Rent

4%

As of November 2024

Compared to a year ago, Laguna Hills, California apartments have recorded a 4% rent increase.

Laguna Hills, 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
Laguna Hills $2,628 $2,732 $2,758 $2,853 $2,771 $2,679 $2,697 $2,765 $2,797 $2,806
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Laguna Hills
National
Nov 2021
$2,628
$1,596
Mar 2022
$2,732
$1,635
Jul 2022
$2,758
$1,708
Nov 2022
$2,853
$1,726
Mar 2023
$2,771
$1,714
Jul 2023
$2,679
$1,739
Nov 2023
$2,697
$1,733
Mar 2024
$2,765
$1,727
Jul 2024
$2,797
$1,752
Nov 2024
$2,806
$1,748

Laguna Hills, California Average Apartment Rent

Laguna Hills, California Housing tenure**

Renter occupied housing units 3,376
Owner occupied housing units 8,149

Renters take up 29% of Laguna Hills, California real estate, occupying a total of 3,376 units, while homeowners live in 8,149 properties.

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

3.7

Renter median household income**

$90,918

Average household size of renter-occupied housing units**

2.52

Rental vacancy rate**

7.7%

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

No bedrooms 297
1 bed 833
2 beds 1,560
3 beds 264
4 beds 400
5 or more beds 22

There are 1,560 rentals in Laguna Hills, California with 2 beds making up the highest share of the market, at 46%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 22 units. Overall, the median number of rooms in Laguna Hills, California homes for rent is 3.7.

Laguna Hills, California Renter-occupied units by age of householder**

15 - 24 years 191
25 - 34 years 871
35 - 44 years 553
45 - 54 years 755
55 - 59 years 81
60 - 64 years 184
65 - 74 years 327
75 - 84 years 181
85 years and over 233

Most condos for rent in Laguna Hills, California are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 45 - 54 years age group (22%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.

Laguna Hills, California Renter-occupied housing units by family type**

Family households 1,763
Non-Family Households 1,613

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

With related children of the householder under 18 1,003
No related children of the householder under 18 2,373

A total of 1,763 apartments for rent in Laguna Hills, California, or 52% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 1,003 units. All in all, the median size of a renter-occupied household in Laguna Hills, California is 2.52.

Laguna Hills, California Renter-occupied housing units by educational attainment**

Less than high school graduate 306
High school graduate (including equivalency) 497
Some college or associate's degree 1,023
Bachelor's degree or higher 1,550

In terms of education, renters holding bachelor degrees or higher make up 46% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Laguna Hills, California.

Laguna Hills, California Renter-occupied units by year structure built**

Built 2010 - 2019 352
Built 2000 - 2009 101
Built 1990 - 1999 388
Built 1980 - 1989 1,184
Built 1970 - 1979 1,220
Built 1960 - 1969 85
Built 1950 - 1959 26
Built 1939 or earlier 20

The highest share of Laguna Hills, California apartment rentals, namely 36% or 1,220 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (35%, 1,184 units), and the ones Built 1990 - 1999 (11%, 388 units).

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

Moved in 2021 or later 236
Moved in 2018 to 2020 1,314
Moved in 2010 to 2017 1,509
Moved in 2000 to 2009 235
Moved in 1990 to 1999 34
Moved in 1989 or earlier 48

Median year renter moved into unit 2017

Most Laguna Hills, California renters (45%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Laguna Hills, California condos for rent is 2017.

Laguna Hills, California Renter-occupied housing units by vehicles available**

No vehicle available 325
1 vehicle available 1,445
2 vehicles available 1,153
3 vehicles available 190
4 or more vehicles available 263

When it comes to transportation options, 43% of Laguna Hills, California renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 10% have No vehicle available.

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

Car, truck, or van - drove alone 2,899
Car, truck, or van - carpooled 557
Public transportation (excluding taxicab) 81
Walked 169
Taxicab, motorcycle, bicycle, or other means 76
Worked at home 779

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

Same house as 1 year ago 6,899
Moved within same county 957
Moved from different county within same state 368
Moved from abroad 231

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 Laguna Hills, 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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