Santa Rosa, 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 Rosa, California rental market.
Santa Rosa, California
Average Apartment Rent
$2,360
Y-o-Y Change in Average
Apartment Rent
1.4%
As of November 2024
Compared to a year ago, Santa Rosa, California apartments have recorded a 1.4% rent increase.
Santa Rosa, California Average apartment rent trend
Santa Rosa, California Average Apartment Rent
Santa Rosa, California Apartment rent ranges
At 72.06%, apartments priced Over $2,000 represent the bulk of Santa Rosa, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 2.06%.
Santa Rosa, California Housing tenure**
Renters take up 44% of Santa Rosa, California real estate, occupying a total of 30,163 units, while homeowners live in 37,933 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$69,172
Average household size of renter-occupied housing units**
2.58
Rental vacancy rate**
2.3%
Santa Rosa, California Renter-occupied housing units by no. of bedrooms**
There are 13,088 rentals in Santa Rosa, California with 2 beds making up the highest share of the market, at 43%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 349 units. Overall, the median number of rooms in Santa Rosa, California homes for rent is 4.
Santa Rosa, California Renter-occupied units by age of householder**
Most condos for rent in Santa Rosa, California are occupied by residents in the 35 - 44 years age group (22%), followed by those in the 25 - 34 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 – 4%.
Santa Rosa, California Renter-occupied housing units by family type**
Santa Rosa, California Renter-occupied housing units by the presence of own children**
A total of 16,411 apartments for rent in Santa Rosa, California, or 54% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 9,904 units. All in all, the median size of a renter-occupied household in Santa Rosa, California is 2.58.
Santa Rosa, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in Santa Rosa, California.
Santa Rosa, California Renter-occupied units by year structure built**
The highest share of Santa Rosa, California apartment rentals, namely 20% or 6,132 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (18%, 5,323 units), and the ones Built 2000 - 2009 (15%, 4,391 units).
Santa Rosa, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Santa Rosa, California renters (48%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Santa Rosa, California condos for rent is 2016.
Santa Rosa, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 39% of Santa Rosa, California renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 11% have 3 vehicles available.
Santa Rosa, California Means of transportation to work of householders living in renter-occupied housing units**
Santa Rosa, 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 Rosa, 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
