Yorba Linda, California Rental Market Trends
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 Yorba Linda, California rental market.
Yorba Linda, California
Average Apartment Rent
$2,849
Y-o-Y Change in Average
Apartment Rent
7.3%
As of November 2024
Compared to a year ago, Yorba Linda, California apartments have recorded a 7.3% rent increase.
Yorba Linda, California Average apartment rent trend
Yorba Linda, California Average Apartment Rent
Yorba Linda, California Apartment rent ranges
At 86.45%, apartments priced Over $2,000 represent the bulk of Yorba Linda, California rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 13.55%.
Yorba Linda, California Housing tenure**
Renters take up 17% of Yorba Linda, California real estate, occupying a total of 3,974 units, while homeowners live in 18,964 properties.
Median number of rooms of renter-occupied housing units**
4.9
Renter median household income**
$87,391
Average household size of renter-occupied housing units**
2.81
Rental vacancy rate**
6%
Yorba Linda, California Renter-occupied housing units by no. of bedrooms**
There are 1,125 rentals in Yorba Linda, California with 2 beds making up the highest share of the market, at 28%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 119 units. Overall, the median number of rooms in Yorba Linda, California homes for rent is 4.9.
Yorba Linda, California Renter-occupied units by age of householder**
Most condos for rent in Yorba Linda, California are occupied by residents in the 45 - 54 years age group (28%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Yorba Linda, California Renter-occupied housing units by family type**
Yorba Linda, California Renter-occupied housing units by the presence of own children**
A total of 2,750 apartments for rent in Yorba Linda, California, or 69% of all rentals are family households. Additionally, 42% of rental homes include children under the age of 18 – that’s 1,676 units. All in all, the median size of a renter-occupied household in Yorba Linda, California is 2.81.
Yorba Linda, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 46% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Yorba Linda, California.
Yorba Linda, California Renter-occupied units by year structure built**
The highest share of Yorba Linda, California apartment rentals, namely 38% or 1,503 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (21%, 846 units), and the ones Built 1990 - 1999 (10%, 391 units).
Yorba Linda, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Yorba Linda, 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 Yorba Linda, California condos for rent is 2016.
Yorba Linda, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 38% of Yorba Linda, California renters have 2 vehicles available per household, 35% of them have 1 vehicle available, and 16% have 3 vehicles available.
Yorba Linda, California Means of transportation to work of householders living in renter-occupied housing units**
Yorba Linda, California Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Yorba Linda, 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
