Rent Prices in California

$786,000
Median home value
2nd in the U.S.
$1,980
Median monthly rent
2023
55.9%
Homeownership rate
Below U.S. avg.
14.4 M
Total housing units
8.6%
Vacancy rate
≈ 112,000
Building permits
2023
31% of income
Median rent burden
52%
Homes built pre-1980

Historical data

Long-run evolution of the key indicators, so you can see the trend — not just today's snapshot.

Median home value

19902024
$786,000 303%

Median value of owner-occupied homes.

Homeownership rate

19902023
55.9% 1%

Share of households that own their home.

Data table

Median home value$786,0002nd in the U.S.
Median monthly rent$1,9802023
Homeownership rate55.9%Below U.S. avg.
Total housing units14.4 M
Vacancy rate8.6%
Building permits≈ 112,0002023
Median rent burden31% of income
Homes built pre-198052%

Compared to the United States

Coming soon

Side-by-side comparison of California vs. the U.S. average.

Compared to other states

Coming soon

How this indicator ranks against every other state.

National ranking

Coming soon

The national ranking for this metric will appear here.

Overview

This page tracks rent prices for California, part of our housing data. Home prices, rents, supply and how affordable it is to live here. As real data is published, you'll find key indicators, historical trends, a full data table, comparisons with the United States and other states, and the corresponding national ranking here.

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