Camarillo, 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 Camarillo, California rental market.

Camarillo, California

Average Apartment Rent

$2,788

Y-o-Y Change in Average
Apartment Rent

2.3%

As of November 2024

Compared to a year ago, Camarillo, California apartments have recorded a 2.3% rent increase.

Camarillo, 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
Camarillo $2,720 $2,690 $2,752 $2,685 $2,657 $2,703 $2,724 $2,701 $2,754 $2,788
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Camarillo
National
Nov 2021
$2,720
$1,596
Mar 2022
$2,690
$1,635
Jul 2022
$2,752
$1,708
Nov 2022
$2,685
$1,726
Mar 2023
$2,657
$1,714
Jul 2023
$2,703
$1,739
Nov 2023
$2,724
$1,733
Mar 2024
$2,701
$1,727
Jul 2024
$2,754
$1,752
Nov 2024
$2,788
$1,748

Camarillo, California Average Apartment Rent

Camarillo, California Apartment rent ranges

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

At 99.94%, apartments priced Over $2,000 represent the bulk of Camarillo, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 0.06%.

Camarillo, California Housing tenure**

Renter occupied housing units 9,149
Owner occupied housing units 16,790

Renters take up 35% of Camarillo, California real estate, occupying a total of 9,149 units, while homeowners live in 16,790 properties.

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

4.4

Renter median household income**

$79,810

Average household size of renter-occupied housing units**

2.63

Rental vacancy rate**

4%

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

No bedrooms 417
1 bed 2,138
2 beds 3,027
3 beds 2,282
4 beds 1,106
5 or more beds 179

There are 3,027 rentals in Camarillo, 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 179 units. Overall, the median number of rooms in Camarillo, California homes for rent is 4.4.

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

15 - 24 years 548
25 - 34 years 2,480
35 - 44 years 2,063
45 - 54 years 1,286
55 - 59 years 404
60 - 64 years 584
65 - 74 years 974
75 - 84 years 449
85 years and over 361

Most condos for rent in Camarillo, California are occupied by residents in the 25 - 34 years age group (27%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 4%.

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

Family households 5,518
Non-Family Households 3,631

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

With related children of the householder under 18 3,256
No related children of the householder under 18 5,893

A total of 5,518 apartments for rent in Camarillo, California, or 60% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 3,256 units. All in all, the median size of a renter-occupied household in Camarillo, California is 2.63.

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

Less than high school graduate 551
High school graduate (including equivalency) 1,518
Some college or associate's degree 3,971
Bachelor's degree or higher 3,109

In terms of education, renters holding bachelor degrees or higher make up 34% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Camarillo, California.

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

Built 2010 - 2019 1,105
Built 2000 - 2009 1,407
Built 1990 - 1999 903
Built 1980 - 1989 1,585
Built 1970 - 1979 2,517
Built 1960 - 1969 1,026
Built 1950 - 1959 421
Built 1940 - 1949 74
Built 1939 or earlier 111

The highest share of Camarillo, California apartment rentals, namely 28% or 2,517 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (17%, 1,585 units), and the ones Built 2000 - 2009 (15%, 1,407 units).

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

Moved in 2021 or later 727
Moved in 2018 to 2020 2,965
Moved in 2010 to 2017 4,311
Moved in 2000 to 2009 799
Moved in 1990 to 1999 230
Moved in 1989 or earlier 117

Median year renter moved into unit 2016

Most Camarillo, California renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Camarillo, California condos for rent is 2016.

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

No vehicle available 845
1 vehicle available 3,120
2 vehicles available 3,744
3 vehicles available 1,105
4 vehicles available 194
5 or more vehicles available 141

When it comes to transportation options, 41% of Camarillo, California renters have 2 vehicles available per household, 34% of them have 1 vehicle available, and 12% have 3 vehicles available.

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

Car, truck, or van - drove alone 9,305
Car, truck, or van - carpooled 649
Public transportation (excluding taxicab) 85
Walked 169
Taxicab, motorcycle, bicycle, or other means 109
Worked at home 1,330

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

Same house as 1 year ago 20,228
Moved within same county 2,309
Moved from different county within same state 672
Moved from different state 605

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 Camarillo, 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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