Vallejo, 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 Vallejo, California rental market.

Vallejo, California

Average Apartment Rent

$2,103

Y-o-Y Change in Average
Apartment Rent

3.3%

As of November 2024

Compared to a year ago, Vallejo, California apartments have recorded a 3.3% rent increase.

Vallejo, 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
Vallejo $1,936 $2,050 $2,160 $2,029 $2,064 $2,097 $2,036 $2,061 $2,056 $2,103
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Vallejo
National
Nov 2021
$1,936
$1,596
Mar 2022
$2,050
$1,635
Jul 2022
$2,160
$1,708
Nov 2022
$2,029
$1,726
Mar 2023
$2,064
$1,714
Jul 2023
$2,097
$1,739
Nov 2023
$2,036
$1,733
Mar 2024
$2,061
$1,727
Jul 2024
$2,056
$1,752
Nov 2024
$2,103
$1,748

Vallejo, California Average Apartment Rent

Vallejo, California Apartment rent ranges

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

At 56.25%, apartments priced Over $2,000 represent the bulk of Vallejo, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 1.91%.

Vallejo, California Housing tenure**

Renter occupied housing units 18,199
Owner occupied housing units 25,908

Renters take up 41% of Vallejo, California real estate, occupying a total of 18,199 units, while homeowners live in 25,908 properties.

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

4.4

Renter median household income**

$61,174

Average household size of renter-occupied housing units**

2.73

Rental vacancy rate**

3.9%

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

No bedrooms 921
1 bed 4,227
2 beds 5,925
3 beds 4,820
4 beds 1,922
5 or more beds 384

There are 5,925 rentals in Vallejo, California with 2 beds making up the highest share of the market, at 33%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 384 units. Overall, the median number of rooms in Vallejo, California homes for rent is 4.4.

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

15 - 24 years 768
25 - 34 years 4,011
35 - 44 years 4,071
45 - 54 years 3,139
55 - 59 years 1,401
60 - 64 years 1,495
65 - 74 years 2,265
75 - 84 years 607
85 years and over 442

Most condos for rent in Vallejo, 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 – 2%.

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

Family households 10,988
Non-Family Households 7,211

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

With related children of the householder under 18 6,493
No related children of the householder under 18 11,706

A total of 10,988 apartments for rent in Vallejo, California, or 60% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 6,493 units. All in all, the median size of a renter-occupied household in Vallejo, California is 2.73.

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

Less than high school graduate 2,388
High school graduate (including equivalency) 4,853
Some college or associate's degree 7,225
Bachelor's degree or higher 3,733

In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Vallejo, California.

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

Built 2010 - 2019 225
Built 2000 - 2009 1,022
Built 1990 - 1999 1,870
Built 1980 - 1989 3,475
Built 1970 - 1979 3,101
Built 1960 - 1969 2,518
Built 1950 - 1959 1,893
Built 1940 - 1949 1,431
Built 1939 or earlier 2,648

The highest share of Vallejo, California apartment rentals, namely 19% or 3,475 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (17%, 3,101 units), and the ones Built 1939 or earlier (15%, 2,648 units).

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

Moved in 2021 or later 1,026
Moved in 2018 to 2020 5,567
Moved in 2010 to 2017 9,191
Moved in 2000 to 2009 2,011
Moved in 1990 to 1999 268
Moved in 1989 or earlier 136

Median year renter moved into unit 2016

Most Vallejo, California renters (51%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Vallejo, California condos for rent is 2016.

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

No vehicle available 1,852
1 vehicle available 6,771
2 vehicles available 6,037
3 vehicles available 2,333
4 vehicles available 832
5 or more vehicles available 374

When it comes to transportation options, 37% of Vallejo, California renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 13% have 3 vehicles available.

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

Car, truck, or van - drove alone 15,580
Car, truck, or van - carpooled 3,443
Public transportation (excluding taxicab) 1,105
Walked 455
Taxicab, motorcycle, bicycle, or other means 442
Worked at home 1,344

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

Same house as 1 year ago 41,271
Moved within same county 3,601
Moved from different county within same state 3,543
Moved from different state 319
Moved from abroad 433

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 Vallejo, 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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