Spring Valley, 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 Spring Valley, California rental market.

Spring Valley, California

Average Apartment Rent

$2,409

Y-o-Y Change in Average
Apartment Rent

-3.2%

As of March 2026

Compared to a year ago, Spring Valley, California apartments have recorded a -3.2% rent decrease.

Spring Valley, California Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Spring Valley $2,426 $2,435 $2,452 $2,458 $2,469 $2,488 $2,471 $2,454 $2,409
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Spring Valley
National
Jul 2023
$2,426
$1,735
Nov 2023
$2,435
$1,724
Mar 2024
$2,452
$1,729
Jul 2024
$2,458
$1,750
Nov 2024
$2,469
$1,743
Mar 2025
$2,488
$1,749
Jul 2025
$2,471
$1,763
Nov 2025
$2,454
$1,749
Mar 2026
$2,409
$1,750

Spring Valley, California Average Apartment Rent

Spring Valley, California Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 47.1%, apartments priced $2,000 - $2,500 represent the bulk of Spring Valley, California rentals, while condos priced Over $3,000 hold the lowest share of the market – 11.47%.

Spring Valley, California Housing tenure**

Renter occupied housing units 3,692
Owner occupied housing units 6,126

Renters take up 38% of Spring Valley, California real estate, occupying a total of 3,692 units, while homeowners live in 6,126 properties.

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

4.4

Renter median household income**

$74,955

Average household size of renter-occupied housing units**

3.48

Rental vacancy rate**

1.9%

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

No bedrooms 74
1 bed 275
2 beds 1,900
3 beds 1,044
4 beds 371
5 or more beds 28

There are 1,900 rentals in Spring Valley, California with 2 beds making up the highest share of the market, at 51%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 28 units. Overall, the median number of rooms in Spring Valley, California homes for rent is 4.4.

Spring Valley, California Renter-occupied units by age of householder**

15 - 24 years 107
25 - 34 years 1,096
35 - 44 years 953
45 - 54 years 516
55 - 59 years 321
60 - 64 years 312
65 - 74 years 358
75 - 84 years 22

Most condos for rent in Spring Valley, California are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (26%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

Spring Valley, California Renter-occupied housing units by family type**

Family households 2,818
Non-Family Households 874

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

With related children of the householder under 18 1,873
No related children of the householder under 18 1,819

A total of 2,818 apartments for rent in Spring Valley, California, or 76% of all rentals are family households. Additionally, 51% of rental homes include children under the age of 18 – that’s 1,873 units. All in all, the median size of a renter-occupied household in Spring Valley, California is 3.48.

Spring Valley, California Renter-occupied housing units by educational attainment**

Less than high school graduate 267
High school graduate (including equivalency) 647
Some college or associate's degree 1,926
Bachelor's degree or higher 852

In terms of education, renters holding bachelor degrees or higher make up 23% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Spring Valley, California.

Spring Valley, California Renter-occupied units by year structure built**

Built 2010 - 2019 87
Built 2000 - 2009 118
Built 1990 - 1999 342
Built 1980 - 1989 998
Built 1970 - 1979 1,016
Built 1960 - 1969 578
Built 1950 - 1959 455
Built 1940 - 1949 68

The highest share of Spring Valley, California apartment rentals, namely 28% or 1,016 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (27%, 998 units), and the ones Built 1960 - 1969 (16%, 578 units).

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

Moved in 2021 or later 124
Moved in 2018 to 2020 1,112
Moved in 2010 to 2017 1,624
Moved in 2000 to 2009 638
Moved in 1990 to 1999 161
Moved in 1989 or earlier 33

Median year renter moved into unit 2015

Most Spring Valley, California renters (44%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Spring Valley, California condos for rent is 2015.

Spring Valley, California Renter-occupied housing units by vehicles available**

No vehicle available 221
1 vehicle available 994
2 vehicles available 1,779
3 vehicles available 448
4 or more vehicles available 250

When it comes to transportation options, 48% of Spring Valley, California renters have 2 vehicles available per household, 27% of them have 1 vehicle available, and 12% have 3 vehicles available.

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

Car, truck, or van - drove alone 4,877
Car, truck, or van - carpooled 417
Public transportation (excluding taxicab) 98
Walked 42
Taxicab, motorcycle, bicycle, or other means 216
Worked at home 353

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

Same house as 1 year ago 10,850
Moved within same county 1,399
Moved from different county within same state 99
Moved from different state 203

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 Spring Valley, 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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