Port Hueneme, 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 Port Hueneme, California rental market.

Port Hueneme, California

Average Apartment Rent

$2,026

Y-o-Y Change in Average
Apartment Rent

3.6%

As of November 2024

Compared to a year ago, Port Hueneme, California apartments have recorded a 3.6% rent increase.

Port Hueneme, 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
Port Hueneme $1,667 $1,859 $1,870 $1,848 $1,743 $2,043 $1,955 $2,024 $1,990 $2,026
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Port Hueneme
National
Nov 2021
$1,667
$1,596
Mar 2022
$1,859
$1,635
Jul 2022
$1,870
$1,708
Nov 2022
$1,848
$1,726
Mar 2023
$1,743
$1,714
Jul 2023
$2,043
$1,739
Nov 2023
$1,955
$1,733
Mar 2024
$2,024
$1,727
Jul 2024
$1,990
$1,752
Nov 2024
$2,026
$1,748

Port Hueneme, California Average Apartment Rent

Port Hueneme, California Apartment rent ranges

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

At 43.62%, apartments priced $1,500 - $2,000 represent the bulk of Port Hueneme, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 13.3%.

Port Hueneme, California Housing tenure**

Renter occupied housing units 3,700
Owner occupied housing units 3,284

Renters take up 53% of Port Hueneme, California real estate, occupying a total of 3,700 units, while homeowners live in 3,284 properties.

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

4.3

Renter median household income**

$57,914

Average household size of renter-occupied housing units**

2.79

Rental vacancy rate**

9.1%

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

No bedrooms 192
1 bed 704
2 beds 1,683
3 beds 712
4 beds 394

There are 1,683 rentals in Port Hueneme, California with 2 beds making up the highest share of the market, at 45%. Units with No bedrooms, on the other hand, hold the lowest percentage (5%), amounting to 192 units. Overall, the median number of rooms in Port Hueneme, California homes for rent is 4.3.

Port Hueneme, California Renter-occupied units by age of householder**

15 - 24 years 261
25 - 34 years 788
35 - 44 years 1,182
45 - 54 years 310
55 - 59 years 318
60 - 64 years 182
65 - 74 years 319
75 - 84 years 228
85 years and over 112

Most condos for rent in Port Hueneme, California are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 25 - 34 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

Port Hueneme, California Renter-occupied housing units by family type**

Family households 2,669
Non-Family Households 1,031

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

With related children of the householder under 18 1,497
No related children of the householder under 18 2,203

A total of 2,669 apartments for rent in Port Hueneme, California, or 72% of all rentals are family households. Additionally, 40% of rental homes include children under the age of 18 – that’s 1,497 units. All in all, the median size of a renter-occupied household in Port Hueneme, California is 2.79.

Port Hueneme, California Renter-occupied housing units by educational attainment**

Less than high school graduate 872
High school graduate (including equivalency) 985
Some college or associate's degree 1,186
Bachelor's degree or higher 657

In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 24% of the homes for rent in Port Hueneme, California.

Port Hueneme, California Renter-occupied units by year structure built**

Built 2010 - 2019 111
Built 2000 - 2009 275
Built 1990 - 1999 160
Built 1980 - 1989 773
Built 1970 - 1979 999
Built 1960 - 1969 711
Built 1950 - 1959 339
Built 1940 - 1949 237
Built 1939 or earlier 95

The highest share of Port Hueneme, California apartment rentals, namely 27% or 999 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (21%, 773 units), and the ones Built 1960 - 1969 (19%, 711 units).

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

Moved in 2021 or later 311
Moved in 2018 to 2020 1,126
Moved in 2010 to 2017 1,625
Moved in 2000 to 2009 447
Moved in 1990 to 1999 167
Moved in 1989 or earlier 24

Median year renter moved into unit 2016

Most Port Hueneme, 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 Port Hueneme, California condos for rent is 2016.

Port Hueneme, California Renter-occupied housing units by vehicles available**

No vehicle available 390
1 vehicle available 1,403
2 vehicles available 1,479
3 vehicles available 350
4 vehicles available 41
5 or more vehicles available 37

When it comes to transportation options, 40% of Port Hueneme, California renters have 2 vehicles available per household, 38% of them have 1 vehicle available, and 11% have No vehicle available.

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

Car, truck, or van - drove alone 3,630
Car, truck, or van - carpooled 706
Public transportation (excluding taxicab) 42
Walked 106
Taxicab, motorcycle, bicycle, or other means 44
Worked at home 238

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

Same house as 1 year ago 8,788
Moved within same county 631
Moved from different county within same state 340
Moved from different state 329

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 Port Hueneme, 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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