City Report · CA

Atwater

Pop. 32,162·356th most expensive in California·Rental market data updated monthly for Atwater, CA
Median rent (all units)
$1,853/mo
Year-over-Year
Stable
Month-over-Month
-0.1%
vs US Median
-$79
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Atwater · $1,853
More expensive than 50% of US cities · National median $1,932/mo
Affordability
34% of income
MODERATE
0%30% benchmark60%+

At $1,853/mo, rent takes about 34% of the local median household income, slightly above the 30% benchmark.

Income to afford
$74,000/yr
Local median income
$64,472/yr
Based on the 30%-of-income rule using Atwater's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,230
2 BR
$1,510
3 BR
$2,080
4 BR+
$2,540
Fair Market Rent (HUD)
$1,510/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,853 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($64,472) is $1,612 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,510); a 3-bedroom is $2,080.

From Zillow's monthly rent index (ZORI) for Atwater. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,236/yr
At $1,853/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.1% MoM), not inventory.
Rent check

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Demographics

Who lives here

Atwater, CA is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 12.9% of residents hold a bachelor's degree or higher.

Population
32,162
Median income
$64,472
Median age
33
Renters
47.9%
Age distribution
29%
24%
23.7%
12.4%
Under 1829%
18–3424%
35–5423.7%
55–6410.8%
65+12.4%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
35.6%
59.8%
White35.6%
Black3.1%
Hispanic59.8%
Asian7%
Education (25+)
25.6%
30.9%
30.6%
12.9%
No HS diploma25.6%
HS diploma30.9%
Some college30.6%
Bachelor's+12.9%
Housing tenure
52.1%
47.9%
Owner52.1%
Renter47.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Atwater, CA has changed in 5 years

Income
$59,436 → $64,472
up 8.5%
Population
31,401 → 32,162
up 2.4%
Renter share
47.9% → 47.9%
+0.0 pts
Bachelor's+
13.3% → 12.9%
-0.4 pts
Median age
34.1 → 33
-1.1 yrs

Median household income grew from $59,436 to $64,472 between 2021 and 2024, a 8.5% shift. Headcount in the area went from 31,401 to 32,162 between 2021 and 2024, a 2.4% change.

Community

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View Atwater rent history (2015–2026) →
Salary vs rent

Can you afford rent in Atwater on your salary?

At $1,853/mo, how Atwater rent compares to typical pay (30% rule).

By apartment size

Atwater rent by bedroom count

Median rent for each apartment size in Atwater. Click any size for full breakdown.

Local insights

Tips for renters in Atwater

About renting in Atwater, CA

Last updated: October 17, 2026

The median rent in Atwater is $1,853/mo as of October 2026. A studio apartment averages $1,070/mo while a 2-bedroom runs $1,510/mo. One-bedroom apartments average $1,230/mo and 3-bedroom units go for $2,080/mo.

At 34% of local median household income ($64,472/yr), Atwater ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Atwater?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,853/mo in Atwater. The local median household income is $64,472/yr, so the typical household falls short of that bar.

Is rent going up or down in Atwater?

Rent in Atwater has been roughly flat over the past year, a 0.0% change.

How does Atwater rent compare to other cities in California?

Atwater is one of the more affordable among California cities for rent, ranking #356 of 382 tracked cities at $1,853/mo.
Income Affordability
34%
MODERATE

At $1,853/mo, rent takes ~34% of Atwater's median household income ($64,472/yr). The standard benchmark is 30%.

Atwater 34%Benchmark 30%
State income tax1–13.3%
Run the Atwater affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Atwater, CA

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