Rancho Cucamonga, 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 Rancho Cucamonga, California rental market.

Rancho Cucamonga, California

Average Apartment Rent

$2,544

Y-o-Y Change in Average
Apartment Rent

1.3%

As of November 2024

Compared to a year ago, Rancho Cucamonga, California apartments have recorded a 1.3% rent increase.

Rancho Cucamonga, 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
Rancho Cucamonga $2,499 $2,574 $2,689 $2,539 $2,539 $2,564 $2,501 $2,529 $2,550 $2,544
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Rancho Cucamonga
National
Nov 2021
$2,499
$1,596
Mar 2022
$2,574
$1,635
Jul 2022
$2,689
$1,708
Nov 2022
$2,539
$1,726
Mar 2023
$2,539
$1,714
Jul 2023
$2,564
$1,739
Nov 2023
$2,501
$1,733
Mar 2024
$2,529
$1,727
Jul 2024
$2,550
$1,752
Nov 2024
$2,544
$1,748

Rancho Cucamonga, California Average Apartment Rent

Rancho Cucamonga, California Apartment rent ranges

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

At 84.71%, apartments priced Over $2,000 represent the bulk of Rancho Cucamonga, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 0.28%.

Rancho Cucamonga, California Housing tenure**

Renter occupied housing units 21,141
Owner occupied housing units 36,412

Renters take up 37% of Rancho Cucamonga, California real estate, occupying a total of 21,141 units, while homeowners live in 36,412 properties.

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

4.1

Renter median household income**

$74,365

Average household size of renter-occupied housing units**

2.75

Rental vacancy rate**

4.1%

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

No bedrooms 1,131
1 bed 4,950
2 beds 8,252
3 beds 4,435
4 beds 2,048
5 or more beds 325

There are 8,252 rentals in Rancho Cucamonga, California with 2 beds making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 325 units. Overall, the median number of rooms in Rancho Cucamonga, California homes for rent is 4.1.

Rancho Cucamonga, California Renter-occupied units by age of householder**

15 - 24 years 690
25 - 34 years 5,729
35 - 44 years 4,514
45 - 54 years 4,226
55 - 59 years 1,743
60 - 64 years 1,511
65 - 74 years 1,553
75 - 84 years 864
85 years and over 311

Most condos for rent in Rancho Cucamonga, California are occupied by residents in the 25 - 34 years age group (27%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Rancho Cucamonga, California Renter-occupied housing units by family type**

Family households 14,530
Non-Family Households 6,611

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

With related children of the householder under 18 8,029
No related children of the householder under 18 13,112

A total of 14,530 apartments for rent in Rancho Cucamonga, California, or 69% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 8,029 units. All in all, the median size of a renter-occupied household in Rancho Cucamonga, California is 2.75.

Rancho Cucamonga, California Renter-occupied housing units by educational attainment**

Less than high school graduate 1,477
High school graduate (including equivalency) 3,807
Some college or associate's degree 8,317
Bachelor's degree or higher 7,540

In terms of education, renters holding bachelor degrees or higher make up 36% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Rancho Cucamonga, California.

Rancho Cucamonga, California Renter-occupied units by year structure built**

Built 2010 - 2019 1,862
Built 2000 - 2009 4,549
Built 1990 - 1999 3,928
Built 1980 - 1989 6,317
Built 1970 - 1979 2,682
Built 1960 - 1969 1,010
Built 1950 - 1959 473
Built 1939 or earlier 245

The highest share of Rancho Cucamonga, California apartment rentals, namely 30% or 6,317 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (22%, 4,549 units), and the ones Built 1990 - 1999 (19%, 3,928 units).

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

Moved in 2021 or later 1,540
Moved in 2018 to 2020 7,388
Moved in 2010 to 2017 9,793
Moved in 2000 to 2009 1,543
Moved in 1990 to 1999 782

Median year renter moved into unit 2017

Most Rancho Cucamonga, California renters (46%) moved in 2010 to 2017, while only 4% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Rancho Cucamonga, California condos for rent is 2017.

Rancho Cucamonga, California Renter-occupied housing units by vehicles available**

No vehicle available 1,242
1 vehicle available 7,960
2 vehicles available 8,522
3 vehicles available 2,379
4 vehicles available 684
5 or more vehicles available 354

When it comes to transportation options, 40% of Rancho Cucamonga, California renters have 2 vehicles available per household, 38% of them have 1 vehicle available, and 11% have 3 vehicles available.

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

Car, truck, or van - drove alone 22,087
Car, truck, or van - carpooled 3,106
Public transportation (excluding taxicab) 900
Walked 268
Taxicab, motorcycle, bicycle, or other means 440
Worked at home 2,199

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

Same house as 1 year ago 47,009
Moved within same county 6,249
Moved from different county within same state 2,692
Moved from different state 1,008

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 Rancho Cucamonga, 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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