Pleasant Hill, 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 Pleasant Hill, California rental market.

Pleasant Hill, California

Average Apartment Rent

$2,319

Y-o-Y Change in Average
Apartment Rent

4.7%

As of November 2024

Compared to a year ago, Pleasant Hill, California apartments have recorded a 4.7% rent increase.

Pleasant Hill, 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
Pleasant Hill $2,132 $2,150 $2,195 $2,261 $2,225 $2,189 $2,214 $2,194 $2,244 $2,319
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Pleasant Hill
National
Nov 2021
$2,132
$1,596
Mar 2022
$2,150
$1,635
Jul 2022
$2,195
$1,708
Nov 2022
$2,261
$1,726
Mar 2023
$2,225
$1,714
Jul 2023
$2,189
$1,739
Nov 2023
$2,214
$1,733
Mar 2024
$2,194
$1,727
Jul 2024
$2,244
$1,752
Nov 2024
$2,319
$1,748

Pleasant Hill, California Average Apartment Rent

Pleasant Hill, California Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 68.74%, apartments priced Over $2,000 represent the bulk of Pleasant Hill, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 1.34%.

Pleasant Hill, California Housing tenure**

Renter occupied housing units 5,045
Owner occupied housing units 8,773

Renters take up 37% of Pleasant Hill, California real estate, occupying a total of 5,045 units, while homeowners live in 8,773 properties.

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

3.9

Renter median household income**

$90,335

Average household size of renter-occupied housing units**

2.21

Rental vacancy rate**

6.2%

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

No bedrooms 711
1 bed 1,336
2 beds 1,487
3 beds 1,153
4 beds 220
5 or more beds 138

There are 1,487 rentals in Pleasant Hill, California with 2 beds making up the highest share of the market, at 29%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 138 units. Overall, the median number of rooms in Pleasant Hill, California homes for rent is 3.9.

Pleasant Hill, California Renter-occupied units by age of householder**

15 - 24 years 107
25 - 34 years 803
35 - 44 years 1,310
45 - 54 years 1,068
55 - 59 years 397
60 - 64 years 356
65 - 74 years 314
75 - 84 years 238
85 years and over 452

Most condos for rent in Pleasant Hill, California are occupied by residents in the 35 - 44 years age group (26%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.

Pleasant Hill, California Renter-occupied housing units by family type**

Family households 2,476
Non-Family Households 2,569

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

With related children of the householder under 18 1,470
No related children of the householder under 18 3,575

A total of 2,476 apartments for rent in Pleasant Hill, California, or 49% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 1,470 units. All in all, the median size of a renter-occupied household in Pleasant Hill, California is 2.21.

Pleasant Hill, California Renter-occupied housing units by educational attainment**

Less than high school graduate 313
High school graduate (including equivalency) 592
Some college or associate's degree 1,707
Bachelor's degree or higher 2,433

In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Pleasant Hill, California.

Pleasant Hill, California Renter-occupied units by year structure built**

Built 2010 - 2019 279
Built 2000 - 2009 304
Built 1990 - 1999 715
Built 1980 - 1989 1,189
Built 1970 - 1979 1,108
Built 1960 - 1969 570
Built 1950 - 1959 640
Built 1940 - 1949 201
Built 1939 or earlier 39

The highest share of Pleasant Hill, California apartment rentals, namely 24% or 1,189 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (22%, 1,108 units), and the ones Built 1990 - 1999 (14%, 715 units).

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

Moved in 2021 or later 329
Moved in 2018 to 2020 1,840
Moved in 2010 to 2017 2,457
Moved in 2000 to 2009 297
Moved in 1990 to 1999 122

Median year renter moved into unit 2017

Most Pleasant Hill, California renters (49%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Pleasant Hill, California condos for rent is 2017.

Pleasant Hill, California Renter-occupied housing units by vehicles available**

No vehicle available 692
1 vehicle available 2,313
2 vehicles available 1,415
3 vehicles available 479
4 or more vehicles available 146

When it comes to transportation options, 46% of Pleasant Hill, California renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 14% have No vehicle available.

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

Car, truck, or van - drove alone 3,851
Car, truck, or van - carpooled 588
Public transportation (excluding taxicab) 484
Walked 305
Taxicab, motorcycle, bicycle, or other means 394
Worked at home 771

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

Same house as 1 year ago 8,768
Moved within same county 967
Moved from different county within same state 765
Moved from different state 275
Moved from abroad 190

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 Pleasant Hill, 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

Check out rentals available in Pleasant Hill, California