San Clemente, 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 San Clemente, California rental market.

San Clemente, California

Average Apartment Rent

$3,067

Y-o-Y Change in Average
Apartment Rent

11.6%

As of November 2024

Compared to a year ago, San Clemente, California apartments have recorded a 11.6% rent increase.

San Clemente, 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
San Clemente $2,702 $2,901 $2,909 $2,933 $2,805 $2,765 $2,748 $2,838 $2,893 $3,067
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
San Clemente
National
Nov 2021
$2,702
$1,596
Mar 2022
$2,901
$1,635
Jul 2022
$2,909
$1,708
Nov 2022
$2,933
$1,726
Mar 2023
$2,805
$1,714
Jul 2023
$2,765
$1,739
Nov 2023
$2,748
$1,733
Mar 2024
$2,838
$1,727
Jul 2024
$2,893
$1,752
Nov 2024
$3,067
$1,748

San Clemente, California Average Apartment Rent

San Clemente, California Apartment rent ranges

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

At 96.32%, apartments priced Over $2,000 represent the bulk of San Clemente, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 0.22%.

San Clemente, California Housing tenure**

Renter occupied housing units 8,308
Owner occupied housing units 15,338

Renters take up 35% of San Clemente, California real estate, occupying a total of 8,308 units, while homeowners live in 15,338 properties.

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

4

Renter median household income**

$90,842

Average household size of renter-occupied housing units**

2.48

Rental vacancy rate**

4%

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

No bedrooms 599
1 bed 1,893
2 beds 3,368
3 beds 1,544
4 beds 750
5 or more beds 154

There are 3,368 rentals in San Clemente, 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 (2%), amounting to 154 units. Overall, the median number of rooms in San Clemente, California homes for rent is 4.

San Clemente, California Renter-occupied units by age of householder**

15 - 24 years 408
25 - 34 years 1,762
35 - 44 years 1,590
45 - 54 years 1,894
55 - 59 years 304
60 - 64 years 910
65 - 74 years 862
75 - 84 years 439
85 years and over 139

Most condos for rent in San Clemente, California are occupied by residents in the 45 - 54 years age group (23%), followed by those in the 25 - 34 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 – 2%.

San Clemente, California Renter-occupied housing units by family type**

Family households 4,629
Non-Family Households 3,679

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

With related children of the householder under 18 2,384
No related children of the householder under 18 5,924

A total of 4,629 apartments for rent in San Clemente, California, or 56% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 2,384 units. All in all, the median size of a renter-occupied household in San Clemente, California is 2.48.

San Clemente, California Renter-occupied housing units by educational attainment**

Less than high school graduate 728
High school graduate (including equivalency) 1,134
Some college or associate's degree 3,043
Bachelor's degree or higher 3,403

In terms of education, renters holding bachelor degrees or higher make up 41% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in San Clemente, California.

San Clemente, California Renter-occupied units by year structure built**

Built 2020 or later 55
Built 2010 - 2019 253
Built 2000 - 2009 1,176
Built 1990 - 1999 571
Built 1980 - 1989 1,462
Built 1970 - 1979 2,156
Built 1960 - 1969 1,305
Built 1950 - 1959 958
Built 1940 - 1949 180
Built 1939 or earlier 192

The highest share of San Clemente, California apartment rentals, namely 26% or 2,156 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (18%, 1,462 units), and the ones Built 1960 - 1969 (16%, 1,305 units).

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

Moved in 2021 or later 530
Moved in 2018 to 2020 2,995
Moved in 2010 to 2017 3,334
Moved in 2000 to 2009 1,042
Moved in 1990 to 1999 340
Moved in 1989 or earlier 67

Median year renter moved into unit 2016

Most San Clemente, California renters (40%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their San Clemente, California condos for rent is 2016.

San Clemente, California Renter-occupied housing units by vehicles available**

No vehicle available 392
1 vehicle available 2,785
2 vehicles available 3,778
3 vehicles available 1,052
4 vehicles available 134
5 or more vehicles available 167

When it comes to transportation options, 45% of San Clemente, California renters have 2 vehicles available per household, 34% of them have 1 vehicle available, and 13% have 3 vehicles available.

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

Car, truck, or van - drove alone 8,260
Car, truck, or van - carpooled 441
Public transportation (excluding taxicab) 62
Walked 150
Taxicab, motorcycle, bicycle, or other means 247
Worked at home 1,859

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

Same house as 1 year ago 15,718
Moved within same county 2,856
Moved from different county within same state 989
Moved from different state 642
Moved from abroad 159

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 San Clemente, 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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