San Lorenzo, 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 Lorenzo, California rental market.

San Lorenzo, California

Average Apartment Rent

$2,287

Y-o-Y Change in Average
Apartment Rent

-2%

As of May 2026

Compared to a year ago, San Lorenzo, California apartments have recorded a -2% rent decrease.

San Lorenzo, California Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
San Lorenzo $2,188 $2,172 $2,146 $2,189 $2,201 $2,269 $2,279 $2,256 $2,253
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
San Lorenzo
National
Jul 2023
$2,188
$1,741
Nov 2023
$2,172
$1,732
Mar 2024
$2,146
$1,736
Jul 2024
$2,189
$1,756
Nov 2024
$2,201
$1,749
Mar 2025
$2,269
$1,755
Jul 2025
$2,279
$1,767
Nov 2025
$2,256
$1,753
Mar 2026
$2,253
$1,750

San Lorenzo, California Average Apartment Rent

San Lorenzo, California Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 54.46%, apartments priced $2,000 - $2,500 represent the bulk of San Lorenzo, California rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.55%.

San Lorenzo, California Housing tenure**

Renter occupied housing units 2,903
Owner occupied housing units 5,863

Renters take up 33% of San Lorenzo, California real estate, occupying a total of 2,903 units, while homeowners live in 5,863 properties.

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

4

Renter median household income**

$76,250

Average household size of renter-occupied housing units**

3.3

Rental vacancy rate**

1.8%

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

No bedrooms 69
1 bed 635
2 beds 1,141
3 beds 881
4 beds 177

There are 1,141 rentals in San Lorenzo, California with 2 beds making up the highest share of the market, at 39%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 69 units. Overall, the median number of rooms in San Lorenzo, California homes for rent is 4.

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

25 - 34 years 468
35 - 44 years 479
45 - 54 years 601
55 - 59 years 380
60 - 64 years 236
65 - 74 years 505
75 - 84 years 187
85 years and over 35

Most condos for rent in San Lorenzo, California are occupied by residents in the 45 - 54 years age group (21%), followed by those in the 65 - 74 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 1,991
Non-Family Households 912

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

With related children of the householder under 18 1,203
No related children of the householder under 18 1,700

A total of 1,991 apartments for rent in San Lorenzo, California, or 69% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 1,203 units. All in all, the median size of a renter-occupied household in San Lorenzo, California is 3.3.

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

Less than high school graduate 534
High school graduate (including equivalency) 833
Some college or associate's degree 937
Bachelor's degree or higher 599

In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 18% of the homes for rent in San Lorenzo, California.

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

Built 2010 - 2019 133
Built 2000 - 2009 155
Built 1990 - 1999 199
Built 1980 - 1989 379
Built 1970 - 1979 410
Built 1960 - 1969 473
Built 1950 - 1959 564
Built 1940 - 1949 359
Built 1939 or earlier 231

The highest share of San Lorenzo, California apartment rentals, namely 19% or 564 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (16%, 473 units), and the ones Built 1970 - 1979 (14%, 410 units).

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

Moved in 2021 or later 79
Moved in 2018 to 2020 502
Moved in 2010 to 2017 1,485
Moved in 2000 to 2009 682
Moved in 1990 to 1999 90
Moved in 1989 or earlier 65

Median year renter moved into unit 2013

Most San Lorenzo, 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 Lorenzo, California condos for rent is 2013.

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

No vehicle available 286
1 vehicle available 899
2 vehicles available 988
3 vehicles available 512
4 vehicles available 177
5 or more vehicles available 41

When it comes to transportation options, 34% of San Lorenzo, California renters have 2 vehicles available per household, 31% of them have 1 vehicle available, and 18% have 3 vehicles available.

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

Car, truck, or van - drove alone 2,984
Car, truck, or van - carpooled 615
Public transportation (excluding taxicab) 131
Walked 143
Taxicab, motorcycle, bicycle, or other means 92
Worked at home 298

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

Same house as 1 year ago 8,858
Moved within same county 230
Moved from different county within same state 254
Moved from different state 49
Moved from abroad 80

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 Lorenzo, 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

Check out rentals available in San Lorenzo, California