Campbell, 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 Campbell, California rental market.

Campbell, California

Average Apartment Rent

$2,840

Y-o-Y Change in Average
Apartment Rent

0.9%

As of November 2024

Compared to a year ago, Campbell, California apartments have recorded a 0.9% rent increase.

Campbell, 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
Campbell $2,578 $2,601 $2,833 $2,812 $2,751 $2,791 $2,814 $2,778 $2,864 $2,840
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Campbell
National
Nov 2021
$2,578
$1,596
Mar 2022
$2,601
$1,635
Jul 2022
$2,833
$1,708
Nov 2022
$2,812
$1,726
Mar 2023
$2,751
$1,714
Jul 2023
$2,791
$1,739
Nov 2023
$2,814
$1,733
Mar 2024
$2,778
$1,727
Jul 2024
$2,864
$1,752
Nov 2024
$2,840
$1,748

Campbell, California Average Apartment Rent

Campbell, California Apartment rent ranges

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

At 96.63%, apartments priced Over $2,000 represent the bulk of Campbell, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 3.37%.

Campbell, California Housing tenure**

Renter occupied housing units 8,261
Owner occupied housing units 8,803

Renters take up 48% of Campbell, California real estate, occupying a total of 8,261 units, while homeowners live in 8,803 properties.

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

3.8

Renter median household income**

$106,496

Average household size of renter-occupied housing units**

2.41

Rental vacancy rate**

3.8%

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

No bedrooms 676
1 bed 2,451
2 beds 3,023
3 beds 1,796
4 beds 269
5 or more beds 46

There are 3,023 rentals in Campbell, California with 2 beds making up the highest share of the market, at 37%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 46 units. Overall, the median number of rooms in Campbell, California homes for rent is 3.8.

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

15 - 24 years 104
25 - 34 years 2,188
35 - 44 years 2,135
45 - 54 years 1,311
55 - 59 years 472
60 - 64 years 721
65 - 74 years 600
75 - 84 years 321
85 years and over 409

Most condos for rent in Campbell, California are occupied by residents in the 35 - 44 years age group (26%), followed by those in the 25 - 34 years age group (26%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.

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

Family households 4,590
Non-Family Households 3,671

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

With related children of the householder under 18 2,630
No related children of the householder under 18 5,631

A total of 4,590 apartments for rent in Campbell, California, or 56% of all rentals are family households. Additionally, 32% of rental homes include children under the age of 18 – that’s 2,630 units. All in all, the median size of a renter-occupied household in Campbell, California is 2.41.

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

Less than high school graduate 690
High school graduate (including equivalency) 1,206
Some college or associate's degree 1,845
Bachelor's degree or higher 4,520

In terms of education, renters holding bachelor degrees or higher make up 55% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Campbell, California.

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

Built 2010 - 2019 404
Built 2000 - 2009 115
Built 1990 - 1999 651
Built 1980 - 1989 1,493
Built 1970 - 1979 2,767
Built 1960 - 1969 1,657
Built 1950 - 1959 953
Built 1940 - 1949 46
Built 1939 or earlier 175

The highest share of Campbell, California apartment rentals, namely 33% or 2,767 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (20%, 1,657 units), and the ones Built 1980 - 1989 (18%, 1,493 units).

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

Moved in 2021 or later 636
Moved in 2018 to 2020 2,786
Moved in 2010 to 2017 3,476
Moved in 2000 to 2009 1,006
Moved in 1990 to 1999 255
Moved in 1989 or earlier 102

Median year renter moved into unit 2016

Most Campbell, California renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Campbell, California condos for rent is 2016.

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

No vehicle available 771
1 vehicle available 3,214
2 vehicles available 3,177
3 vehicles available 758
4 vehicles available 266
5 or more vehicles available 75

When it comes to transportation options, 39% of Campbell, California renters have 1 vehicle available per household, 38% of them have 2 vehicles available, and 9% have No vehicle available.

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

Car, truck, or van - drove alone 8,367
Car, truck, or van - carpooled 444
Public transportation (excluding taxicab) 261
Walked 319
Taxicab, motorcycle, bicycle, or other means 288
Worked at home 1,369

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

Same house as 1 year ago 14,732
Moved within same county 3,279
Moved from different county within same state 927
Moved from different state 598
Moved from abroad 125

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 Campbell, 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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