Santa Ana, 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 Santa Ana, California rental market.
Santa Ana, California
Average Apartment Rent
$2,635
Y-o-Y Change in Average
Apartment Rent
1.2%
As of November 2024
Compared to a year ago, Santa Ana, California apartments have recorded a 1.2% rent increase.
Santa Ana, California Average apartment rent trend
Santa Ana, California Average Apartment Rent
Santa Ana, California Apartment rent ranges
At 89.26%, apartments priced Over $2,000 represent the bulk of Santa Ana, California rentals, while condos priced $700 - $1000 hold the lowest share of the market – 0.6%.
Santa Ana, California Housing tenure**
Renters take up 55% of Santa Ana, California real estate, occupying a total of 42,804 units, while homeowners live in 34,749 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$69,169
Average household size of renter-occupied housing units**
3.9
Rental vacancy rate**
2.7%
Santa Ana, California Renter-occupied housing units by no. of bedrooms**
There are 17,435 rentals in Santa Ana, 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 485 units. Overall, the median number of rooms in Santa Ana, California homes for rent is 3.8.
Santa Ana, California Renter-occupied units by age of householder**
Most condos for rent in Santa Ana, California are occupied by residents in the 35 - 44 years age group (27%), followed by those in the 45 - 54 years age group (22%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Santa Ana, California Renter-occupied housing units by family type**
Santa Ana, California Renter-occupied housing units by the presence of own children**
A total of 33,233 apartments for rent in Santa Ana, California, or 78% of all rentals are family households. Additionally, 50% of rental homes include children under the age of 18 – that’s 21,262 units. All in all, the median size of a renter-occupied household in Santa Ana, California is 3.9.
Santa Ana, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 36% of the homes for rent in Santa Ana, California.
Santa Ana, California Renter-occupied units by year structure built**
The highest share of Santa Ana, California apartment rentals, namely 25% or 10,717 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (18%, 7,815 units), and the ones Built 1950 - 1959 (15%, 6,633 units).
Santa Ana, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2014
Most Santa Ana, California renters (44%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Santa Ana, California condos for rent is 2014.
Santa Ana, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 37% of Santa Ana, California renters have 2 vehicles available per household, 31% of them have 1 vehicle available, and 14% have 3 vehicles available.
Santa Ana, California Means of transportation to work of householders living in renter-occupied housing units**
Santa Ana, 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 Santa Ana, 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
