Demand is steady, not frantic
Well-priced homes still lease in under a month, but overpriced units sit — pricing discipline matters more than it did two years ago.
Mashney Rental Tools
California rental market trends
How rents, time-on-market, and vacancy are moving across the markets we serve. Reviewed by our advisors and refreshed as new data lands.
| Market | Median rent | Year over year | Days on market | Vacancy |
|---|---|---|---|---|
| Los Angeles | $2,950 | +2.1% | 28 days | 4.6% |
| Orange County | $3,250 | +3.4% | 24 days | 3.8% |
| Temecula | $2,700 | +1.6% | 31 days | 5.1% |
| San Diego | $3,100 | +2.8% | 26 days | 4.1% |
Figures are Mashney Realty estimates compiled from public rental data and our own placement activity. Individual properties vary — ask an advisor for a property-specific analysis.
Concessions are back at the top end
Luxury and new-construction rentals are offering a half-month free more often, especially in coastal Orange County.
Renters are staying longer
Higher mortgage rates keep would-be buyers renting, which strengthens renewal rates for landlords.