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City Report · CA

Grand Terrace

Pop. 13,078·328th most expensive in California·Rental market data updated monthly for Grand Terrace, CA
Median rent (all units)
$2,061/mo
Year-over-Year
+1.7%
Month-over-Month
+0.5%
vs US Median
+$99
Stable (Monthly)
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Most AffordableMost Expensive
Grand Terrace · $2,061
More expensive than 62% of US cities · National median $1,962/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $2,061/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$82,000/yr
Local median income
$83,628/yr
Based on the 30%-of-income rule using Grand Terrace's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,780
1 BR
$1,860
2 BR
$2,310
3 BR
$3,080
4 BR+
$3,750
Fair Market Rent (HUD)
$2,310/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,061 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: August 17, 2026

Annual cost
$24,732/yr
At $2,061/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.7% YoY, +0.5% MoM), not inventory.
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Demographics

Who lives here

Grand Terrace, CA is majority owner-occupied, 28.4% of residents hold a bachelor's degree or higher.

Population
13,078
Median income
$83,628
Median age
37.7
Renters
35.6%
Age distribution
21.8%
23.9%
27.5%
17.6%
Under 1821.8%
18–3423.9%
35–5427.5%
55–649.2%
65+17.6%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
42.2%
51.3%
White42.2%
Black4.8%
Hispanic51.3%
Asian5.4%
Education (25+)
12.8%
25.8%
33%
28.4%
No HS diploma12.8%
HS diploma25.8%
Some college33%
Bachelor's+28.4%
Housing tenure
64.4%
35.6%
Owner64.4%
Renter35.6%

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

2023 vs 2026

How Grand Terrace, CA has changed in 5 years

Rent
$2,048 → $2,061
up 0.6%
Income
$76,791 → $83,628
up 8.9%
Population
13,079 → 13,078
up 0.0%
Renter share
36.9% → 35.6%
-1.3 pts
Bachelor's+
27.3% → 28.4%
+1.1 pts
Median age
36.8 → 37.7
+0.9 yrs

Five years ago, renters in Grand Terrace, CA paid around $2,048 a month. That figure now sits near $2,061, up 0.6% from the 2023 baseline. Household income in the area moved from $76,791 to $83,628 across the same window, up 8.9% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Reading these numbers side by side helps frame whether current listings in Grand Terrace, CA look reasonable against where the market sat half a decade ago.

Community

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View Grand Terrace rent history (2015–2026) →
Salary vs rent

Can you afford rent in Grand Terrace on your salary?

At $2,061/mo, how Grand Terrace rent compares to typical pay (30% rule).

By apartment size

Grand Terrace rent by bedroom count

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

Local insights

Tips for renters in Grand Terrace

About renting in Grand Terrace, CA

Last updated: August 17, 2026

The median rent in Grand Terrace is $2,061/mo as of August 2026. A studio apartment averages $1,780/mo while a 2-bedroom runs $2,310/mo. One-bedroom apartments average $1,860/mo and 3-bedroom units go for $3,080/mo.

At 30% of local median household income ($83,628/yr), Grand Terrace ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

Is Grand Terrace an affordable city for renters?

Grand Terrace is considered moderate for renters. At $2,061/mo, rent takes approximately 30% of the local median household income ($83,628/yr). The standard benchmark is 30%. Grand Terrace slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Grand Terrace?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,061/mo in Grand Terrace. The local median household income is $83,628/yr, meaning the typical Grand Terrace household meets that threshold.

Is rent going up or down in Grand Terrace?

Rent in Grand Terrace has increased 1.7% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Grand Terrace rent compare to other cities in California?

Grand Terrace is one of the more affordable cities in California for rent, ranking #328 out of 381 tracked cities at $2,061/mo.

Which nearby cities are cheaper to rent in than Grand Terrace?

Several nearby cities have lower median rents than Grand Terrace ($2,061/mo): Colton ($1,936/mo), San Bernardino ($2,013/mo).

What percentage of Grand Terrace residents rent vs. own?

According to Census data, approximately 35.6% of Grand Terrace households are renters, while 64.4% are owner-occupied. Grand Terrace leans toward homeownership, which can mean a smaller rental inventory.

How does Grand Terrace rent compare to the national average?

Grand Terrace's median rent of $2,061/mo is $99 (5%) above the US national median of $1,962/mo. Within California, it ranks #328 out of 381 tracked cities.
Income Affordability
30%
MODERATE

At $2,061/mo, rent takes ~30% of Grand Terrace's median household income ($83,628/yr). The standard benchmark is 30%.

Grand Terrace 30%Benchmark 30%
State income tax1–13.3%
Run the Grand Terrace affordability calculator →
Lowest-rent ZIP codes in Grand Terrace
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Grand Terrace, CA

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