Pleasanton, 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 Pleasanton, California rental market.

Pleasanton, California

Average Apartment Rent

$2,862

Y-o-Y Change in Average
Apartment Rent

1.9%

As of May 2026

Compared to a year ago, Pleasanton, California apartments have recorded a 1.9% rent increase.

Pleasanton, 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
Pleasanton $2,839 $2,795 $2,802 $2,791 $2,753 $2,808 $2,788 $2,745 $2,792
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Pleasanton
National
Jul 2023
$2,839
$1,741
Nov 2023
$2,795
$1,732
Mar 2024
$2,802
$1,736
Jul 2024
$2,791
$1,756
Nov 2024
$2,753
$1,749
Mar 2025
$2,808
$1,755
Jul 2025
$2,788
$1,767
Nov 2025
$2,745
$1,753
Mar 2026
$2,792
$1,750

Pleasanton, California Average Apartment Rent

Pleasanton, 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 36.07%, apartments priced Over $3,000 represent the bulk of Pleasanton, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 2.94%.

Pleasanton, California Housing tenure**

Renter occupied housing units 8,863
Owner occupied housing units 18,986

Renters take up 32% of Pleasanton, California real estate, occupying a total of 8,863 units, while homeowners live in 18,986 properties.

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

3.9

Renter median household income**

$112,816

Average household size of renter-occupied housing units**

2.45

Rental vacancy rate**

4.9%

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

No bedrooms 522
1 bed 2,515
2 beds 3,603
3 beds 1,497
4 beds 616
5 or more beds 110

There are 3,603 rentals in Pleasanton, California with 2 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 110 units. Overall, the median number of rooms in Pleasanton, California homes for rent is 3.9.

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

15 - 24 years 116
25 - 34 years 2,067
35 - 44 years 2,526
45 - 54 years 1,315
55 - 59 years 620
60 - 64 years 416
65 - 74 years 693
75 - 84 years 653
85 years and over 457

Most condos for rent in Pleasanton, California are occupied by residents in the 35 - 44 years age group (29%), followed by those in the 25 - 34 years age group (23%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.

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

Family households 5,400
Non-Family Households 3,463

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

With related children of the householder under 18 3,194
No related children of the householder under 18 5,669

A total of 5,400 apartments for rent in Pleasanton, California, or 61% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 3,194 units. All in all, the median size of a renter-occupied household in Pleasanton, California is 2.45.

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

Less than high school graduate 383
High school graduate (including equivalency) 863
Some college or associate's degree 2,317
Bachelor's degree or higher 5,300

In terms of education, renters holding bachelor degrees or higher make up 60% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Pleasanton, California.

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

Built 2010 - 2019 1,502
Built 2000 - 2009 534
Built 1990 - 1999 1,326
Built 1980 - 1989 2,375
Built 1970 - 1979 1,551
Built 1960 - 1969 910
Built 1950 - 1959 406
Built 1940 - 1949 152
Built 1939 or earlier 107

The highest share of Pleasanton, California apartment rentals, namely 27% or 2,375 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (17%, 1,551 units), and the ones Built 2010 - 2019 (17%, 1,502 units).

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

Moved in 2021 or later 781
Moved in 2018 to 2020 3,957
Moved in 2010 to 2017 3,289
Moved in 2000 to 2009 582
Moved in 1990 to 1999 175
Moved in 1989 or earlier 79

Median year renter moved into unit 2018

Most Pleasanton, California renters (45%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Pleasanton, California condos for rent is 2018.

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

No vehicle available 821
1 vehicle available 4,082
2 vehicles available 3,126
3 vehicles available 675
4 vehicles available 100
5 or more vehicles available 59

When it comes to transportation options, 46% of Pleasanton, California renters have 1 vehicle available per household, 35% of them have 2 vehicles available, and 9% have No vehicle available.

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

Car, truck, or van - drove alone 6,651
Car, truck, or van - carpooled 765
Public transportation (excluding taxicab) 893
Walked 371
Taxicab, motorcycle, bicycle, or other means 531
Worked at home 2,342

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

Same house as 1 year ago 16,710
Moved within same county 2,194
Moved from different county within same state 1,513
Moved from different state 582
Moved from abroad 511

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 Pleasanton, 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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