Rancho Cucamonga, California Rental Market Trends
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
Rancho Cucamonga, California Average Apartment Rent
Rancho Cucamonga, California Apartment rent ranges
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**
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**
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**
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**
Rancho Cucamonga, California Renter-occupied housing units by the presence of own children**
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**
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**
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**
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**
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**
Rancho Cucamonga, California Geographical mobility in the past year for householders living in renter-occupied housing units**
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