City Report · CA

Lathrop

Pop. 35,052·137th most expensive in California·Lathrop rents are up 6.4% over the past year
Median rent (all units)
$3,067/mo
Year-over-Year
+6.4%
Month-over-Month
-0.5%
vs US Median
+$1,105
Falling (Monthly)
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Most AffordableMost Expensive
Lathrop · $3,067
More expensive than 91% of US cities · National median $1,962/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $3,067/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$123,000/yr
Local median income
$126,421/yr
Based on the 30%-of-income rule using Lathrop's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,660
1 BR
$1,810
2 BR
$2,310
3 BR
$3,240
4 BR+
$3,880
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 $3,067 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
$36,804/yr
At $3,067/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (6.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+6.4% YoY, -0.5% MoM), not inventory.
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Demographics

Who lives here

Lathrop, CA is majority owner-occupied, has a large share of families with children, has a median income above the national average, 28% of residents hold a bachelor's degree or higher.

Population
35,052
Median income
$126,421
Median age
33.9
Renters
14.7%
Age distribution
30.4%
21.5%
28.4%
Under 1830.4%
18–3421.5%
35–5428.4%
55–649.7%
65+10.1%
Gender
51.1%
48.9%
Male51.1%
Female48.9%
Race & ethnicity
18.9%
35.4%
33.9%
White18.9%
Black7%
Hispanic35.4%
Asian33.9%
Other4.7%
Education (25+)
17.4%
27.5%
27.2%
28%
No HS diploma17.4%
HS diploma27.5%
Some college27.2%
Bachelor's+28%
Housing tenure
85.3%
14.7%
Owner85.3%
Renter14.7%

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

2023 vs 2026

How Lathrop, CA has changed in 5 years

Rent
$2,815 → $3,067
up 9.0%
Income
$99,632 → $126,421
up 26.9%
Population
28,078 → 35,052
up 24.8%
Renter share
17.5% → 14.7%
-2.8 pts
Bachelor's+
21.7% → 28%
+6.3 pts
Median age
32.8 → 33.9
+1.1 yrs

Five years ago, renters in Lathrop, CA paid around $2,815 a month. That figure now sits near $3,067, up 9.0% from the 2023 baseline. Local incomes tracked alongside that move, going from a median of $99,632 in 2021 to $126,421 more recently. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Lathrop, CA adding about 6,974 residents over the five-year window, up 24.8% on net. The renter share has eased from 17.5% to 14.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 21.7% to 28% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Lathrop, CA market of 2023.

Community

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

Can you afford rent in Lathrop on your salary?

At $3,067/mo, how Lathrop rent compares to typical pay (30% rule).

By apartment size

Lathrop rent by bedroom count

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

Local insights

Tips for renters in Lathrop

About renting in Lathrop, CA

Last updated: August 17, 2026

The median rent in Lathrop is $3,067/mo as of August 2026. A studio apartment averages $1,660/mo while a 2-bedroom runs $2,310/mo. One-bedroom apartments average $1,810/mo and 3-bedroom units go for $3,240/mo.

At 29% of local median household income ($126,421/yr), Lathrop ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

Is Lathrop an affordable city for renters?

Lathrop is considered affordable for renters. At $3,067/mo, rent takes approximately 29% of the local median household income ($126,421/yr). The standard benchmark is 30%. Lathrop falls comfortably within that range.

How much income do you need to rent in Lathrop?

To keep rent at or below 30% of gross income, you would need to earn at least $123,000/year (~$59/hour full-time) to afford the median rent of $3,067/mo in Lathrop. The local median household income is $126,421/yr, meaning the typical Lathrop household meets that threshold.

Is rent going up or down in Lathrop?

Rent in Lathrop has increased 6.4% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Lathrop rent compare to other cities in California?

Lathrop is middle-of-the-pack for California for rent, ranking #137 out of 381 tracked cities at $3,067/mo.

Which nearby cities are cheaper to rent in than Lathrop?

Several nearby cities have lower median rents than Lathrop ($3,067/mo): Stockton ($1,990/mo), Lodi ($2,170/mo), Manteca ($2,611/mo).

What percentage of Lathrop residents rent vs. own?

According to Census data, approximately 14.7% of Lathrop households are renters, while 85.3% are owner-occupied. Lathrop leans toward homeownership, which can mean a smaller rental inventory.

How does Lathrop rent compare to the national average?

Lathrop's median rent of $3,067/mo is $1,105 (56%) above the US national median of $1,962/mo. Within California, it ranks #137 out of 381 tracked cities.
Income Affordability
29%
AFFORDABLE

At $3,067/mo, rent takes ~29% of Lathrop's median household income ($126,421/yr). The standard benchmark is 30%.

Lathrop 29%Benchmark 30%
State income tax1–13.3%
Run the Lathrop affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Lathrop, CA

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