Parkwood, 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 Parkwood, California rental market.

Parkwood, California

Average Apartment Rent

$1,427

Y-o-Y Change in Average
Apartment Rent

6.7%

As of March 2026

Compared to a year ago, Parkwood, California apartments have recorded a 6.7% rent increase.

Parkwood, California Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Parkwood $1,242 $1,276 $1,323 $1,335 $1,313 $1,338 $1,441 $1,431 $1,427
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Parkwood
National
Jul 2023
$1,242
$1,735
Nov 2023
$1,276
$1,724
Mar 2024
$1,323
$1,729
Jul 2024
$1,335
$1,750
Nov 2024
$1,313
$1,743
Mar 2025
$1,338
$1,749
Jul 2025
$1,441
$1,763
Nov 2025
$1,431
$1,749
Mar 2026
$1,427
$1,750

Parkwood, California Average Apartment Rent

Parkwood, California Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 48.92%, apartments priced $1,000 - $1,500 represent the bulk of Parkwood, California rentals, while condos priced Under $1,000 hold the lowest share of the market – 10.75%.

Parkwood, California Housing tenure**

Renter occupied housing units 242
Owner occupied housing units 259

Renters take up 48% of Parkwood, California real estate, occupying a total of 242 units, while homeowners live in 259 properties.

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

4.9

Average household size of renter-occupied housing units**

4.47

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

1 bed 17
2 beds 35
3 beds 136
4 beds 54

There are 136 rentals in Parkwood, California with 3 beds making up the highest share of the market, at 56%. Units with 1 bed, on the other hand, hold the lowest percentage (7%), amounting to 17 units. Overall, the median number of rooms in Parkwood, California homes for rent is 4.9.

Parkwood, California Renter-occupied units by age of householder**

25 - 34 years 79
35 - 44 years 79
45 - 54 years 40
65 - 74 years 44

Most condos for rent in Parkwood, California are occupied by residents in the 35 - 44 years age group (33%), followed by those in the 25 - 34 years age group (33%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 17%.

Parkwood, California Renter-occupied housing units by family type**

Family households 242
Non-Family Households 0

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

With related children of the householder under 18 198
No related children of the householder under 18 44

A total of 242 apartments for rent in Parkwood, California, or 100% of all rentals are family households. Additionally, 82% of rental homes include children under the age of 18 – that’s 198 units. All in all, the median size of a renter-occupied household in Parkwood, California is 4.47.

Parkwood, California Renter-occupied housing units by educational attainment**

Less than high school graduate 148
High school graduate (including equivalency) 34
Some college or associate's degree 43
Bachelor's degree or higher 17

In terms of education, renters holding bachelor degrees or higher make up 7% of the rental market. In contrast, residents with less than a high school degree reside in 61% of the homes for rent in Parkwood, California.

Parkwood, California Renter-occupied units by year structure built**

Built 1990 - 1999 51
Built 1980 - 1989 93
Built 1970 - 1979 79
Built 1960 - 1969 19

The highest share of Parkwood, California apartment rentals, namely 38% or 93 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (33%, 79 units), and the ones Built 1990 - 1999 (21%, 51 units).

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

Moved in 2018 to 2020 103
Moved in 2010 to 2017 139

Median year renter moved into unit 2017

Most Parkwood, California renters (57%) moved in 2010 to 2017, while only 43% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Parkwood, California condos for rent is 2017.

Parkwood, California Renter-occupied housing units by vehicles available**

No vehicle available 35
1 vehicle available 44
2 vehicles available 119
3 or more vehicles available 44

When it comes to transportation options, 49% of Parkwood, California renters have 2 vehicles available per household, 18% of them have 3 or more vehicles available, and 18% have 1 vehicle available.

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

Car, truck, or van - drove alone 158
Car, truck, or van - carpooled 109

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

Same house as 1 year ago 859
Moved from different county within same state 143

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 Parkwood, 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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