Stockton, 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 Stockton, California rental market.

Stockton, California

Average Apartment Rent

$1,669

Y-o-Y Change in Average
Apartment Rent

3.3%

As of November 2024

Compared to a year ago, Stockton, California apartments have recorded a 3.3% rent increase.

Stockton, 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
Stockton $1,503 $1,534 $1,552 $1,539 $1,565 $1,590 $1,600 $1,629 $1,654 $1,669
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Stockton
National
Nov 2021
$1,503
$1,596
Mar 2022
$1,534
$1,635
Jul 2022
$1,552
$1,708
Nov 2022
$1,539
$1,726
Mar 2023
$1,565
$1,714
Jul 2023
$1,590
$1,739
Nov 2023
$1,600
$1,733
Mar 2024
$1,629
$1,727
Jul 2024
$1,654
$1,752
Nov 2024
$1,669
$1,748

Stockton, California Average Apartment Rent

Stockton, California Apartment rent ranges

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

At 43.16%, apartments priced $1,500 - $2,000 represent the bulk of Stockton, California rentals, while condos priced $700 - $1000 hold the lowest share of the market – 0.49%.

Stockton, California Housing tenure**

Renter occupied housing units 46,850
Owner occupied housing units 50,125

Renters take up 48% of Stockton, California real estate, occupying a total of 46,850 units, while homeowners live in 50,125 properties.

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

4.3

Renter median household income**

$51,322

Average household size of renter-occupied housing units**

3.15

Rental vacancy rate**

4.2%

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

No bedrooms 2,625
1 bed 8,406
2 beds 17,025
3 beds 12,435
4 beds 5,626
5 or more beds 733

There are 17,025 rentals in Stockton, California with 2 beds making up the highest share of the market, at 36%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 733 units. Overall, the median number of rooms in Stockton, California homes for rent is 4.3.

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

15 - 24 years 2,691
25 - 34 years 11,525
35 - 44 years 11,226
45 - 54 years 7,890
55 - 59 years 3,474
60 - 64 years 3,060
65 - 74 years 3,904
75 - 84 years 2,246
85 years and over 834

Most condos for rent in Stockton, California are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

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

Family households 32,218
Non-Family Households 14,632

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

With related children of the householder under 18 21,821
No related children of the householder under 18 25,029

A total of 32,218 apartments for rent in Stockton, California, or 69% of all rentals are family households. Additionally, 47% of rental homes include children under the age of 18 – that’s 21,821 units. All in all, the median size of a renter-occupied household in Stockton, California is 3.15.

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

Less than high school graduate 11,261
High school graduate (including equivalency) 13,720
Some college or associate's degree 15,131
Bachelor's degree or higher 6,738

In terms of education, renters holding bachelor degrees or higher make up 14% of the rental market. In contrast, residents with less than a high school degree reside in 24% of the homes for rent in Stockton, California.

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

Built 2010 - 2019 1,342
Built 2000 - 2009 4,752
Built 1990 - 1999 6,147
Built 1980 - 1989 7,728
Built 1970 - 1979 10,071
Built 1960 - 1969 5,710
Built 1950 - 1959 4,577
Built 1940 - 1949 2,179
Built 1939 or earlier 4,330

The highest share of Stockton, California apartment rentals, namely 21% or 10,071 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (16%, 7,728 units), and the ones Built 1990 - 1999 (13%, 6,147 units).

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

Moved in 2021 or later 2,794
Moved in 2018 to 2020 12,883
Moved in 2010 to 2017 24,627
Moved in 2000 to 2009 4,717
Moved in 1990 to 1999 1,115
Moved in 1989 or earlier 714

Median year renter moved into unit 2015

Most Stockton, California renters (53%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Stockton, California condos for rent is 2015.

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

No vehicle available 5,845
1 vehicle available 17,903
2 vehicles available 14,581
3 vehicles available 5,579
4 vehicles available 2,033
5 or more vehicles available 909

When it comes to transportation options, 38% of Stockton, California renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 12% have No vehicle available.

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

Car, truck, or van - drove alone 46,116
Car, truck, or van - carpooled 8,131
Public transportation (excluding taxicab) 842
Walked 646
Taxicab, motorcycle, bicycle, or other means 820
Worked at home 2,559

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

Same house as 1 year ago 124,643
Moved within same county 13,849
Moved from different county within same state 4,462
Moved from different state 1,814

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 Stockton, 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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