Laguna Hills, 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 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
Laguna Hills, California Average Apartment Rent
Laguna Hills, California Housing tenure**
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**
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**
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**
Laguna Hills, California Renter-occupied housing units by the presence of own children**
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**
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**
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**
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**
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**
Laguna Hills, 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 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
