Average rent affordable for different income type households in California, U.S. 2023

Published by Statista Research Department, Nov 22, 2023
The average monthly rent in California for a two-bedroom apartment was 2,197 U.S. dollars in 2023. 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 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 2023.

Monthly rent affordable for households of selected income types in California, United States in 2023 (in U.S. dollars)

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Release date

June 2023

Region

United States (California)

Survey time period

2023

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