Loma Linda, 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 Loma Linda, California rental market.
Loma Linda, California
Average Apartment Rent
$2,081
Y-o-Y Change in Average
Apartment Rent
-1.2%
As of November 2024
Compared to a year ago, Loma Linda, California apartments have recorded a -1.2% rent decrease.
Loma Linda, California Average apartment rent trend
Loma Linda, California Average Apartment Rent
Loma Linda, California Apartment rent ranges
At 55.68%, apartments priced Over $2,000 represent the bulk of Loma Linda, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 44.32%.
Loma Linda, California Housing tenure**
Renters take up 61% of Loma Linda, California real estate, occupying a total of 5,612 units, while homeowners live in 3,526 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$51,975
Average household size of renter-occupied housing units**
2.36
Rental vacancy rate**
8.8%
Loma Linda, California Renter-occupied housing units by no. of bedrooms**
There are 3,117 rentals in Loma Linda, California with 2 beds making up the highest share of the market, at 56%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 58 units. Overall, the median number of rooms in Loma Linda, California homes for rent is 4.
Loma Linda, California Renter-occupied units by age of householder**
Most condos for rent in Loma Linda, California are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 35 - 44 years age group (16%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.
Loma Linda, California Renter-occupied housing units by family type**
Loma Linda, California Renter-occupied housing units by the presence of own children**
A total of 3,239 apartments for rent in Loma Linda, California, or 58% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 1,538 units. All in all, the median size of a renter-occupied household in Loma Linda, California is 2.36.
Loma Linda, 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 11% of the homes for rent in Loma Linda, California.
Loma Linda, California Renter-occupied units by year structure built**
The highest share of Loma Linda, California apartment rentals, namely 27% or 1,524 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (22%, 1,244 units), and the ones Built 2000 - 2009 (13%, 708 units).
Loma Linda, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Loma Linda, California renters (52%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Loma Linda, California condos for rent is 2016.
Loma Linda, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Loma Linda, California renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 13% have No vehicle available.
Loma Linda, California Means of transportation to work of householders living in renter-occupied housing units**
Loma Linda, 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 Loma Linda, 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
