The average monthly rent in California for a two-bedroom apartment was 2,464 U.S. dollars in 2024, while a one-bedroom unit cost 1,989 U.S. dollars. Only renters who earn the area median income (AMI) can afford two-bedroom housing in California. Rent affordable to renters with full-time jobs at mean renter wage, or 30 percent area median income, was lower than the fair market rent of a two-bedroom and one-bedroom apartment in California, making this housing in this state not affordable for them. The rent in California ranked highest among all other states in the United States for a two bedroom apartment in 2024.
Monthly rent affordable for households of selected income types in California, United States in 2024
(in U.S. dollars)
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NLIHC. (June 27, 2024). Monthly rent affordable for households of selected income types in California, United States in 2024 (in U.S. dollars) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1255166/average-rent-affordable-for-different-income-california-usa/
NLIHC. "Monthly rent affordable for households of selected income types in California, United States in 2024 (in U.S. dollars)." Chart. June 27, 2024. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1255166/average-rent-affordable-for-different-income-california-usa/
NLIHC. (2024). Monthly rent affordable for households of selected income types in California, United States in 2024 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1255166/average-rent-affordable-for-different-income-california-usa/
NLIHC. "Monthly Rent Affordable for Households of Selected Income Types in California, United States in 2024 (in U.S. Dollars)." Statista, Statista Inc., 27 Jun 2024, https://www.statista.com/statistics/1255166/average-rent-affordable-for-different-income-california-usa/
NLIHC, Monthly rent affordable for households of selected income types in California, United States in 2024 (in U.S. dollars) Statista, https://www.statista.com/statistics/1255166/average-rent-affordable-for-different-income-california-usa/ (last visited November 12, 2024)
Monthly rent affordable for households of selected income types in California, United States in 2024 (in U.S. dollars) [Graph], NLIHC, June 27, 2024. [Online]. Available: https://www.statista.com/statistics/1255166/average-rent-affordable-for-different-income-california-usa/
