Seal Beach, 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 Seal Beach, California rental market.

Seal Beach, California

Average Apartment Rent

$2,692

Y-o-Y Change in Average
Apartment Rent

3%

As of November 2024

Compared to a year ago, Seal Beach, California apartments have recorded a 3% rent increase.

Seal Beach, 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
Seal Beach $2,326 $2,374 $2,447 $2,609 $2,481 $2,557 $2,614 $2,507 $2,537 $2,692
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Seal Beach
National
Nov 2021
$2,326
$1,596
Mar 2022
$2,374
$1,635
Jul 2022
$2,447
$1,708
Nov 2022
$2,609
$1,726
Mar 2023
$2,481
$1,714
Jul 2023
$2,557
$1,739
Nov 2023
$2,614
$1,733
Mar 2024
$2,507
$1,727
Jul 2024
$2,537
$1,752
Nov 2024
$2,692
$1,748

Seal Beach, California Average Apartment Rent

Seal Beach, California Apartment rent ranges

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

At 87.88%, apartments priced Over $2,000 represent the bulk of Seal Beach, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 12.12%.

Seal Beach, California Housing tenure**

Renter occupied housing units 3,147
Owner occupied housing units 10,056

Renters take up 24% of Seal Beach, California real estate, occupying a total of 3,147 units, while homeowners live in 10,056 properties.

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

3.6

Renter median household income**

$83,642

Average household size of renter-occupied housing units**

1.87

Rental vacancy rate**

2.5%

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

No bedrooms 378
1 bed 996
2 beds 1,229
3 beds 374
4 beds 152
5 or more beds 18

There are 1,229 rentals in Seal Beach, California with 2 beds making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 18 units. Overall, the median number of rooms in Seal Beach, California homes for rent is 3.6.

Seal Beach, California Renter-occupied units by age of householder**

15 - 24 years 96
25 - 34 years 597
35 - 44 years 631
45 - 54 years 565
55 - 59 years 255
60 - 64 years 224
65 - 74 years 288
75 - 84 years 292
85 years and over 199

Most condos for rent in Seal Beach, California are occupied by residents in the 35 - 44 years age group (20%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.

Seal Beach, California Renter-occupied housing units by family type**

Family households 1,301
Non-Family Households 1,846

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

With related children of the householder under 18 623
No related children of the householder under 18 2,524

A total of 1,301 apartments for rent in Seal Beach, California, or 41% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 623 units. All in all, the median size of a renter-occupied household in Seal Beach, California is 1.87.

Seal Beach, California Renter-occupied housing units by educational attainment**

Less than high school graduate 91
High school graduate (including equivalency) 478
Some college or associate's degree 894
Bachelor's degree or higher 1,684

In terms of education, renters holding bachelor degrees or higher make up 54% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Seal Beach, California.

Seal Beach, California Renter-occupied units by year structure built**

Built 2010 - 2019 69
Built 2000 - 2009 275
Built 1990 - 1999 79
Built 1980 - 1989 254
Built 1970 - 1979 829
Built 1960 - 1969 917
Built 1950 - 1959 426
Built 1940 - 1949 121
Built 1939 or earlier 177

The highest share of Seal Beach, California apartment rentals, namely 29% or 917 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (26%, 829 units), and the ones Built 1950 - 1959 (14%, 426 units).

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

Moved in 2021 or later 219
Moved in 2018 to 2020 1,053
Moved in 2010 to 2017 1,351
Moved in 2000 to 2009 388
Moved in 1990 to 1999 82
Moved in 1989 or earlier 54

Median year renter moved into unit 2016

Most Seal Beach, California renters (43%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Seal Beach, California condos for rent is 2016.

Seal Beach, California Renter-occupied housing units by vehicles available**

No vehicle available 308
1 vehicle available 1,552
2 vehicles available 1,061
3 or more vehicles available 226

When it comes to transportation options, 49% of Seal Beach, California renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 10% have No vehicle available.

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

Car, truck, or van - drove alone 2,401
Car, truck, or van - carpooled 120
Public transportation (excluding taxicab) 18
Walked 119
Taxicab, motorcycle, bicycle, or other means 62
Worked at home 481

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

Same house as 1 year ago 4,749
Moved within same county 519
Moved from different county within same state 368
Moved from different state 200

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 Seal Beach, 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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