Westminster, 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 Westminster, California rental market.

Westminster, California

Average Apartment Rent

$2,406

Y-o-Y Change in Average
Apartment Rent

3.5%

As of November 2024

Compared to a year ago, Westminster, California apartments have recorded a 3.5% rent increase.

Westminster, 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
Westminster $2,040 $2,077 $2,220 $2,305 $2,313 $2,298 $2,324 $2,320 $2,340 $2,406
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Westminster
National
Nov 2021
$2,040
$1,596
Mar 2022
$2,077
$1,635
Jul 2022
$2,220
$1,708
Nov 2022
$2,305
$1,726
Mar 2023
$2,313
$1,714
Jul 2023
$2,298
$1,739
Nov 2023
$2,324
$1,733
Mar 2024
$2,320
$1,727
Jul 2024
$2,340
$1,752
Nov 2024
$2,406
$1,748

Westminster, California Average Apartment Rent

Westminster, California Apartment rent ranges

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

At 86.1%, apartments priced Over $2,000 represent the bulk of Westminster, California rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 3.27%.

Westminster, California Housing tenure**

Renter occupied housing units 13,174
Owner occupied housing units 14,526

Renters take up 48% of Westminster, California real estate, occupying a total of 13,174 units, while homeowners live in 14,526 properties.

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

4.1

Renter median household income**

$51,037

Average household size of renter-occupied housing units**

3.14

Rental vacancy rate**

2.3%

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

No bedrooms 551
1 bed 2,373
2 beds 5,440
3 beds 3,203
4 beds 1,434
5 or more beds 173

There are 5,440 rentals in Westminster, California with 2 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 173 units. Overall, the median number of rooms in Westminster, California homes for rent is 4.1.

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

15 - 24 years 350
25 - 34 years 1,991
35 - 44 years 2,450
45 - 54 years 3,115
55 - 59 years 1,432
60 - 64 years 869
65 - 74 years 1,409
75 - 84 years 1,075
85 years and over 483

Most condos for rent in Westminster, California are occupied by residents in the 45 - 54 years age group (24%), followed by those in the 35 - 44 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%.

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

Family households 9,808
Non-Family Households 3,366

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

With related children of the householder under 18 4,912
No related children of the householder under 18 8,262

A total of 9,808 apartments for rent in Westminster, California, or 74% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 4,912 units. All in all, the median size of a renter-occupied household in Westminster, California is 3.14.

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

Less than high school graduate 3,216
High school graduate (including equivalency) 3,459
Some college or associate's degree 4,057
Bachelor's degree or higher 2,442

In terms of education, renters holding bachelor degrees or higher make up 19% of the rental market. In contrast, residents with less than a high school degree reside in 24% of the homes for rent in Westminster, California.

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

Built 2010 - 2019 502
Built 2000 - 2009 927
Built 1990 - 1999 1,144
Built 1980 - 1989 1,308
Built 1970 - 1979 3,344
Built 1960 - 1969 3,444
Built 1950 - 1959 1,769
Built 1940 - 1949 338
Built 1939 or earlier 382

The highest share of Westminster, California apartment rentals, namely 26% or 3,444 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (25%, 3,344 units), and the ones Built 1950 - 1959 (13%, 1,769 units).

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

Moved in 2021 or later 687
Moved in 2018 to 2020 3,325
Moved in 2010 to 2017 5,899
Moved in 2000 to 2009 2,183
Moved in 1990 to 1999 840
Moved in 1989 or earlier 240

Median year renter moved into unit 2015

Most Westminster, California renters (45%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Westminster, California condos for rent is 2015.

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

No vehicle available 1,378
1 vehicle available 3,827
2 vehicles available 4,776
3 vehicles available 2,225
4 vehicles available 553
5 or more vehicles available 415

When it comes to transportation options, 36% of Westminster, California renters have 2 vehicles available per household, 29% of them have 1 vehicle available, and 17% have 3 vehicles available.

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

Car, truck, or van - drove alone 11,948
Car, truck, or van - carpooled 2,440
Public transportation (excluding taxicab) 332
Walked 230
Taxicab, motorcycle, bicycle, or other means 385
Worked at home 1,493

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

Same house as 1 year ago 36,040
Moved within same county 3,787
Moved from different county within same state 713
Moved from different state 255
Moved from abroad 292

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 Westminster, 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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