Laguna Woods, 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 Woods, California rental market.
Laguna Woods, California
Average Apartment Rent
$2,744
Y-o-Y Change in Average
Apartment Rent
2.3%
As of November 2024
Compared to a year ago, Laguna Woods, California apartments have recorded a 2.3% rent increase.
Laguna Woods, California Average apartment rent trend
Laguna Woods, California Average Apartment Rent
Laguna Woods, California Apartment rent ranges
At 54.47%, apartments priced $1,500 - $2,000 represent the bulk of Laguna Woods, California rentals, while condos priced Over $2,000 hold the lowest share of the market – 45.53%.
Laguna Woods, California Housing tenure**
Renters take up 31% of Laguna Woods, California real estate, occupying a total of 3,708 units, while homeowners live in 8,224 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$44,052
Average household size of renter-occupied housing units**
1.41
Rental vacancy rate**
3%
Laguna Woods, California Renter-occupied housing units by no. of bedrooms**
There are 2,720 rentals in Laguna Woods, California with 2 beds making up the highest share of the market, at 73%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 95 units. Overall, the median number of rooms in Laguna Woods, California homes for rent is 4.1.
Laguna Woods, California Renter-occupied units by age of householder**
Most condos for rent in Laguna Woods, California are occupied by residents in the 75 - 84 years age group (31%), followed by those in the 65 - 74 years age group (24%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 2%.
Laguna Woods, California Renter-occupied housing units by family type**
Laguna Woods, California Renter-occupied housing units by the presence of own children**
Laguna Woods, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 51% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Laguna Woods, California.
Laguna Woods, California Renter-occupied units by year structure built**
The highest share of Laguna Woods, California apartment rentals, namely 40% or 1,495 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (37%, 1,370 units), and the ones Built 1980 - 1989 (8%, 305 units).
Laguna Woods, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Laguna Woods, California renters (45%) moved in 2010 to 2017, while only 2% of them moved in 2021 or later. Overall, the median year renters have occupied their Laguna Woods, California condos for rent is 2016.
Laguna Woods, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 60% of Laguna Woods, California renters have 1 vehicle available per household, 18% of them have No vehicle available, and 16% have 2 vehicles available.
Laguna Woods, California Means of transportation to work of householders living in renter-occupied housing units**
Laguna Woods, 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 Woods, 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
