Campbell, 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 Campbell, California rental market.
Campbell, California
Average Apartment Rent
$2,791
Y-o-Y Change in Average
Apartment Rent
-1.5%
As of July 2023
Compared to a year ago, Campbell, California apartments have recorded a -1.5% rent decrease.
Campbell, California |Average apartment rent trend
Campbell, California| Average apartment rent
Campbell, California | Apartment rent ranges
At 93.89%, 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 – 6.11%.
Campbell, California | Housing tenure**
Renters take up 51% of Campbell, California real estate, occupying a total of 8,190 units, while homeowners live in 7,931 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$90,181
Average household size of renter-occupied housing units**
2.57
Rental vacancy rate**
4.4%
Campbell, California | Renter-occupied housing units by no. of bedrooms**
There are 3,287 rentals in Campbell, California with 2 beds making up the highest share of the market, at 40%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 69 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**
Most condos for rent in Campbell, California are occupied by residents in the 25 - 34 years age group (27%), followed by those in the 35 - 44 years age group (25%). 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**
Campbell, California | Renter-occupied housing units by the presence of own children**
A total of 4,571 apartments for rent in Campbell, California, or 56% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 2,553 units. All in all, the median size of a renter-occupied household in Campbell, California is 2.57.
Campbell, California | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 50% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Campbell, California.
Campbell, California | Renter-occupied units by year structure built**
The highest share of Campbell, California apartment rentals, namely 34% or 2,796 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (23%, 1,846 units), and the ones Built 1980 - 1989 (18%, 1,475 units).
Campbell, California | Renter-occupied units by year householder moved in**
Median year renter moved into unit2015
Most Campbell, California renters (44%) moved in 2015 to 2016, while only 5% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Campbell, California condos for rent is 2015.
Campbell, California | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 39% of Campbell, California renters have 2 vehicles available per household, 37% of them have 1 vehicle available, and 10% have No vehicle available.
Campbell, California | Means of transportation to work of householders living in renter-occupied housing units**
Campbell, California |Geographical mobility in the past year for householders living in renter-occupied housing units**
Campbell, California | Average apartment rent by zip codes
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, 2020 American Community Survey 5-Year Estimates