San Leandro, 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 San Leandro, California rental market.
San Leandro, California
Average Apartment Rent
$2,238
Y-o-Y Change in Average
Apartment Rent
-2.4%
As of November 2024
Compared to a year ago, San Leandro, California apartments have recorded a -2.4% rent decrease.
San Leandro, California Average apartment rent trend
San Leandro, California Average Apartment Rent
San Leandro, California Apartment rent ranges
At 69.95%, apartments priced Over $2,000 represent the bulk of San Leandro, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 0.51%.
San Leandro, California Housing tenure**
Renters take up 42% of San Leandro, California real estate, occupying a total of 12,821 units, while homeowners live in 17,647 properties.
Median number of rooms of renter-occupied housing units**
3.7
Renter median household income**
$78,175
Average household size of renter-occupied housing units**
2.78
Rental vacancy rate**
4.1%
San Leandro, California Renter-occupied housing units by no. of bedrooms**
There are 4,987 rentals in San Leandro, California with 2 beds making up the highest share of the market, at 39%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 470 units. Overall, the median number of rooms in San Leandro, California homes for rent is 3.7.
San Leandro, California Renter-occupied units by age of householder**
Most condos for rent in San Leandro, California are occupied by residents in the 45 - 54 years age group (22%), 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 – 3%.
San Leandro, California Renter-occupied housing units by family type**
San Leandro, California Renter-occupied housing units by the presence of own children**
A total of 7,585 apartments for rent in San Leandro, California, or 59% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 3,966 units. All in all, the median size of a renter-occupied household in San Leandro, California is 2.78.
San Leandro, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 29% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in San Leandro, California.
San Leandro, California Renter-occupied units by year structure built**
The highest share of San Leandro, California apartment rentals, namely 19% or 2,457 units, were Built 1970 - 1979, followed by those Built 1950 - 1959 (19%, 2,414 units), and the ones Built 1980 - 1989 (17%, 2,201 units).
San Leandro, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2014
Most San Leandro, California renters (51%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their San Leandro, California condos for rent is 2014.
San Leandro, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 39% of San Leandro, California renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 13% have No vehicle available.
San Leandro, California Means of transportation to work of householders living in renter-occupied housing units**
San Leandro, 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 San Leandro, 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
