San Carlos, 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 Carlos, California rental market.
San Carlos, California
Average Apartment Rent
$4,252
As of November 2024
San Carlos, California Average apartment rent trend
San Carlos, California Average Apartment Rent
San Carlos, California Housing tenure**
Renters take up 31% of San Carlos, California real estate, occupying a total of 3,474 units, while homeowners live in 7,887 properties.
Median number of rooms of renter-occupied housing units**
3.7
Renter median household income**
$121,453
Average household size of renter-occupied housing units**
2.26
Rental vacancy rate**
9.6%
San Carlos, California Renter-occupied housing units by no. of bedrooms**
There are 1,437 rentals in San Carlos, 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 (1%), amounting to 52 units. Overall, the median number of rooms in San Carlos, California homes for rent is 3.7.
San Carlos, California Renter-occupied units by age of householder**
Most condos for rent in San Carlos, California are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 25 - 34 years age group (20%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.
San Carlos, California Renter-occupied housing units by family type**
San Carlos, California Renter-occupied housing units by the presence of own children**
A total of 1,905 apartments for rent in San Carlos, California, or 55% of all rentals are family households. Additionally, 32% of rental homes include children under the age of 18 – that’s 1,106 units. All in all, the median size of a renter-occupied household in San Carlos, California is 2.26.
San Carlos, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 57% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in San Carlos, California.
San Carlos, California Renter-occupied units by year structure built**
The highest share of San Carlos, California apartment rentals, namely 22% or 760 units, were Built 1960 - 1969, followed by those Built 1950 - 1959 (19%, 664 units), and the ones Built 1970 - 1979 (17%, 574 units).
San Carlos, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most San Carlos, California renters (38%) moved in 2010 to 2017, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their San Carlos, California condos for rent is 2016.
San Carlos, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 43% of San Carlos, California renters have 2 vehicles available per household, 40% of them have 1 vehicle available, and 9% have 3 vehicles available.
San Carlos, California Means of transportation to work of householders living in renter-occupied housing units**
San Carlos, 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 Carlos, 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
