City Report · CA

Cerritos

Pop. 47,867·90th most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$3,385/mo
Year-over-Year
+1.7%
Month-over-Month
-0.5%
vs US Median
+$1,453
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Cerritos · $3,385
More expensive than 95% of US cities · National median $1,932/mo
Rent Reality Score
59/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Cerritos's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$3,385/mo
Expected by trend
$3,538/mo
The Rent Reality Score compares today's median rent to where Cerritos's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,790
1 BR
$3,120
2 BR
$3,940
3 BR
$5,010
4 BR+
$5,550
Fair Market Rent (HUD)
$3,940/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,385 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

Cheapest month to sign

March. Asking rents in Cerritos usually run 0.4% below trend in March and 0.5% above it in December, about $30 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in Cerritos is 0.5% below its high of $3,403 in August 2026, at $3,385 as of September 2026.

Past year vs. the rest of California

Rent in Cerritos changed +1.7% over the year to September 2026. Across the 336 California cities Zillow tracks, the typical change was +3.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in Cerritos rose 34.2% while median household income rose 27.5% ($106,190 to $135,439). Rent outpaced income.

Since before the pandemic

Rent in Cerritos is 40.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($135,439) is $3,386 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($3,120); a 2-bedroom is $3,940.

Cheaper nearby

Norwalk, 3 miles away, rents for 21% less ($2,662/mo), about $8,700 a year in savings.

From Zillow's monthly rent index (ZORI) for Cerritos. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$40,620/yr
At $3,385/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 (+1.7% YoY, -0.5% MoM), not inventory.
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Demographics

Who lives here

Cerritos, CA is majority owner-occupied, has a large retiree population, has a median income above the national average, 58% of residents hold a bachelor's degree or higher.

Population
47,867
Median income
$135,439
Median age
47.7
Renters
24.1%
Age distribution
19.1%
16.6%
24.7%
13.1%
26.5%
Under 1819.1%
18–3416.6%
35–5424.7%
55–6413.1%
65+26.5%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
13.4%
16%
62.2%
White13.4%
Black6.1%
Hispanic16%
Asian62.2%
Other2.3%
Education (25+)
13.4%
22.7%
58%
No HS diploma5.9%
HS diploma13.4%
Some college22.7%
Bachelor's+58%
Housing tenure
75.9%
24.1%
Owner75.9%
Renter24.1%

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

2021 vs 2026

How Cerritos, CA has changed in 5 years

Rent
$2,517 → $3,385
up 34.5%
Income
$115,600 → $135,439
up 17.2%
Population
49,630 → 47,867
down 3.6%
Renter share
23.7% → 24.1%
+0.4 pts
Bachelor's+
54% → 58%
+4.0 pts
Median age
45.6 → 47.7
+2.1 yrs

Across the past five years, the going rent in Cerritos, CA has shifted from $2,517 to $3,385, up 34.5% since 2021. Local incomes tracked alongside that move, going from a median of $115,600 in 2021 to $135,439 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Cerritos, CA losing about 1,763 residents over the five-year window, down 3.6% on net. Bachelor's-degree-or-higher attainment moved from 54% to 58% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Cerritos, CA market of 2021.

Community

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

Can you afford rent in Cerritos on your salary?

At $3,385/mo, how Cerritos rent compares to typical pay (30% rule).

By apartment size

Cerritos rent by bedroom count

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

Local insights

Tips for renters in Cerritos

About renting in Cerritos, CA

Last updated: October 17, 2026

The median rent in Cerritos is $3,385/mo as of October 2026. A studio apartment averages $2,790/mo while a 2-bedroom runs $3,940/mo. One-bedroom apartments average $3,120/mo and 3-bedroom units go for $5,010/mo.

At 30% of local median household income ($135,439/yr), Cerritos ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Cerritos?

To keep rent at or below 30% of gross income, you would need to earn at least $135,000/year (about $65/hour full-time) to afford the median rent of $3,385/mo in Cerritos. The local median household income is $135,439/yr, so the typical household meets that bar.

Is rent going up or down in Cerritos?

Rent in Cerritos has risen 1.7% over the past year as of September 2026. It sits 0.5% below its high of $3,403 in August 2026.

When is the cheapest time to rent in Cerritos?

Asking rents in Cerritos are usually lowest in March, about 0.4% below their yearly trend, and highest in December, about 0.5% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in Cerritos?

Yes. From 2019 to 2024, rent in Cerritos rose 34.2% while median household income rose 27.5%, from $106,190 to $135,439. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Cerritos rent compare to other cities in California?

Cerritos is one of the pricier among California cities for rent, ranking #90 of 382 tracked cities at $3,385/mo. Over the year to September 2026, rent in Cerritos changed +1.7%, against a typical +3.4% across the 336 California cities Zillow tracks.

Which nearby cities are cheaper to rent in than Cerritos?

Nearby cities with lower median rent than Cerritos ($3,385/mo) include Bellflower ($2,221/mo), Buena Park ($2,590/mo), and Norwalk ($2,662/mo).
Income Affordability
30%
MODERATE

At $3,385/mo, rent takes ~30% of Cerritos's median household income ($135,439/yr). The standard benchmark is 30%.

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

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Schools nearby

Public schools near Cerritos, CA

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