Parlier, 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 Parlier, California rental market.

Parlier, California

Average Apartment Rent

$1,220

Y-o-Y Change in Average
Apartment Rent

6.7%

As of November 2024

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

Parlier, 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
Parlier $901 $921 $954 $952 $1,010 $1,071 $1,143 $1,116 $1,160 $1,220
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Parlier
National
Nov 2021
$901
$1,596
Mar 2022
$921
$1,635
Jul 2022
$954
$1,708
Nov 2022
$952
$1,726
Mar 2023
$1,010
$1,714
Jul 2023
$1,071
$1,739
Nov 2023
$1,143
$1,733
Mar 2024
$1,116
$1,727
Jul 2024
$1,160
$1,752
Nov 2024
$1,220
$1,748

Parlier, California Average Apartment Rent

Parlier, California Housing tenure**

Renter occupied housing units 1,973
Owner occupied housing units 1,773

Renters take up 53% of Parlier, California real estate, occupying a total of 1,973 units, while homeowners live in 1,773 properties.

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

4.7

Renter median household income**

$29,956

Average household size of renter-occupied housing units**

3.84

Rental vacancy rate**

5.2%

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

No bedrooms 98
1 bed 216
2 beds 606
3 beds 755
4 beds 298

There are 755 rentals in Parlier, California with 3 beds making up the highest share of the market, at 38%. Units with No bedrooms, on the other hand, hold the lowest percentage (5%), amounting to 98 units. Overall, the median number of rooms in Parlier, California homes for rent is 4.7.

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

15 - 24 years 90
25 - 34 years 541
35 - 44 years 572
45 - 54 years 241
55 - 59 years 110
60 - 64 years 140
65 - 74 years 148
75 - 84 years 112
85 years and over 19

Most condos for rent in Parlier, California are occupied by residents in the 35 - 44 years age group (29%), followed by those in the 25 - 34 years age group (27%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 1,678
Non-Family Households 295

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

With related children of the householder under 18 1,220
No related children of the householder under 18 753

A total of 1,678 apartments for rent in Parlier, California, or 85% of all rentals are family households. Additionally, 62% of rental homes include children under the age of 18 – that’s 1,220 units. All in all, the median size of a renter-occupied household in Parlier, California is 3.84.

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

Less than high school graduate 1,242
High school graduate (including equivalency) 415
Some college or associate's degree 276
Bachelor's degree or higher 40

In terms of education, renters holding bachelor degrees or higher make up 2% of the rental market. In contrast, residents with less than a high school degree reside in 63% of the homes for rent in Parlier, California.

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

Built 2010 - 2019 191
Built 2000 - 2009 439
Built 1990 - 1999 304
Built 1980 - 1989 190
Built 1970 - 1979 384
Built 1960 - 1969 85
Built 1950 - 1959 35
Built 1940 - 1949 108
Built 1939 or earlier 237

The highest share of Parlier, California apartment rentals, namely 22% or 439 units, were Built 2000 - 2009, followed by those Built 1970 - 1979 (19%, 384 units), and the ones Built 1990 - 1999 (15%, 304 units).

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

Moved in 2021 or later 204
Moved in 2018 to 2020 557
Moved in 2010 to 2017 869
Moved in 2000 to 2009 224
Moved in 1990 to 1999 36
Moved in 1989 or earlier 83

Median year renter moved into unit 2016

Most Parlier, California renters (44%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Parlier, California condos for rent is 2016.

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

No vehicle available 171
1 vehicle available 850
2 vehicles available 733
3 vehicles available 162
4 or more vehicles available 57

When it comes to transportation options, 43% of Parlier, California renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 9% have No vehicle available.

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

Car, truck, or van - drove alone 2,105
Car, truck, or van - carpooled 793

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

Same house as 1 year ago 5,787
Moved within same county 1,178
Moved from different county within same state 246
Moved from different state 53
Moved from abroad 207

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 Parlier, 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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