City Report · CA

Nipomo

Pop. 17,516·109th most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$3,248/mo
Year-over-Year
Stable
Month-over-Month
+0.3%
vs US Median
+$1,316
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Nipomo · $3,248
More expensive than 94% of US cities · National median $1,932/mo
Affordability
35% of income
MODERATE
0%30% benchmark60%+

At $3,248/mo, rent takes about 35% of the local median household income, slightly above the 30% benchmark.

Income to afford
$130,000/yr
Local median income
$110,022/yr
Based on the 30%-of-income rule using Nipomo's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,740
1 BR
$1,940
2 BR
$2,540
3 BR
$3,390
4 BR+
$3,840
Fair Market Rent (HUD)
$2,540/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,248 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 ($110,022) is $2,751 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,540); a 3-bedroom is $3,390.

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

Annual cost
$38,976/yr
At $3,248/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, +0.3% MoM), not inventory.
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Demographics

Who lives here

Nipomo, CA is majority owner-occupied, has a median income above the national average, 25% of residents hold a bachelor's degree or higher.

Population
17,516
Median income
$110,022
Median age
37.8
Renters
34.4%
Age distribution
24.5%
21.1%
26.8%
15.7%
Under 1824.5%
18–3421.1%
35–5426.8%
55–6411.8%
65+15.7%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
46%
51.6%
White46%
Black0.8%
Hispanic51.6%
Asian4.5%
Education (25+)
15.5%
23%
36.5%
25%
No HS diploma15.5%
HS diploma23%
Some college36.5%
Bachelor's+25%
Housing tenure
65.6%
34.4%
Owner65.6%
Renter34.4%

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

2021 vs 2026

How Nipomo, CA has changed in 5 years

Income
$88,525 → $110,022
up 24.3%
Population
18,440 → 17,516
down 5.0%
Renter share
32.1% → 34.4%
+2.3 pts
Bachelor's+
24.7% → 25%
+0.3 pts

On the earnings side, the typical household in Nipomo, CA now reports about $110,022, up from $88,525 in 2021. The population has contracted by 5.0% since 2021, moving from about 18,440 residents to roughly 17,516. Renters now make up 34.4% of households, compared with 32.1% five years ago.

Community

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

Can you afford rent in Nipomo on your salary?

At $3,248/mo, how Nipomo rent compares to typical pay (30% rule).

By apartment size

Nipomo rent by bedroom count

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

Local insights

Tips for renters in Nipomo

About renting in Nipomo, CA

Last updated: October 17, 2026

The median rent in Nipomo is $3,248/mo as of October 2026. A studio apartment averages $1,740/mo while a 2-bedroom runs $2,540/mo. One-bedroom apartments average $1,940/mo and 3-bedroom units go for $3,390/mo.

At 35% of local median household income ($110,022/yr), Nipomo 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 Nipomo?

To keep rent at or below 30% of gross income, you would need to earn at least $130,000/year (about $63/hour full-time) to afford the median rent of $3,248/mo in Nipomo. The local median household income is $110,022/yr, so the typical household falls short of that bar.

Is rent going up or down in Nipomo?

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

How does Nipomo rent compare to other cities in California?

Nipomo is one of the pricier among California cities for rent, ranking #109 of 382 tracked cities at $3,248/mo.

Which nearby cities are cheaper to rent in than Nipomo?

Nearby cities with lower median rent than Nipomo ($3,248/mo) include Santa Maria ($2,509/mo), Grover Beach ($2,672/mo), and San Luis Obispo ($2,968/mo).
Income Affordability
35%
MODERATE

At $3,248/mo, rent takes ~35% of Nipomo's median household income ($110,022/yr). The standard benchmark is 30%.

Nipomo 35%Benchmark 30%
State income tax1–13.3%
Run the Nipomo affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Nipomo, CA

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