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City Report · CA

Placentia

Pop. 52,826·189th most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$2,796/mo
Year-over-Year
+3.1%
Month-over-Month
+0.4%
vs US Median
+$831
Stable (Monthly)
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Most AffordableMost Expensive
Placentia · $2,796
More expensive than 87% of US cities · National median $1,965/mo
Rent Reality Score
50/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Placentia's 10-year trend predicts.

Actual rent
$2,796/mo
Expected by trend
$2,800/mo
The Rent Reality Score compares today's median rent to where Placentia's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,120
1 BR
$2,220
2 BR
$2,620
3 BR
$3,540
4 BR+
$4,240
Research median
$2,620/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$33,552/yr
At $2,796/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.1% YoY, +0.4% MoM), not inventory.
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Demographics

Who lives here

Placentia, CA is majority owner-occupied, has a median income above the national average, 44.2% of residents hold a bachelor's degree or higher.

Population
52,826
Median income
$115,929
Median age
39.1
Renters
36.4%
Age distribution
23.3%
21.6%
25.3%
14.1%
15.7%
Under 1823.3%
18–3421.6%
35–5425.3%
55–6414.1%
65+15.7%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
42.7%
37.9%
18.7%
White42.7%
Black2.2%
Hispanic37.9%
Asian18.7%
Education (25+)
18.2%
27.1%
44.2%
No HS diploma10.5%
HS diploma18.2%
Some college27.1%
Bachelor's+44.2%
Housing tenure
63.6%
36.4%
Owner63.6%
Renter36.4%

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

2022 vs 2026

How Placentia, CA has changed in 5 years

Rent
$2,552 → $2,796
up 9.6%
Income
$103,041 → $115,929
up 12.5%
Population
51,951 → 52,826
up 1.7%
Renter share
36.6% → 36.4%
-0.2 pts
Bachelor's+
40.7% → 44.2%
+3.5 pts
Median age
36.9 → 39.1
+2.2 yrs

The median rent in Placentia, CA stood at $2,552 in 2022 and currently runs about $2,796, reflecting a 9.6% increase over the period. On the earnings side, the typical household in Placentia, CA now reports about $115,929, up from $103,041 in 2021. The population has grown by 1.7% since 2021, moving from about 51,951 residents to roughly 52,826. College-educated residents now make up 44.2% of adults here, versus 40.7% in 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and Placentia, CA reflects that arc in its own way.

Community

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

Can you afford rent in Placentia on your salary?

At $2,796/mo, how Placentia rent compares to typical pay (30% rule).

By apartment size

Placentia rent by bedroom count

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

Local insights

Tips for renters in Placentia

About renting in Placentia, CA

Last updated: July 20, 2026

The median rent in Placentia is $2,796/mo as of July 2026. A studio apartment averages $2,120/mo while a 2-bedroom runs $2,620/mo. One-bedroom apartments average $2,220/mo and 3-bedroom units go for $3,540/mo.

At 29% of local median household income ($115,929/yr), Placentia ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.1% over the past year.

FAQ

Frequently asked questions

Is Placentia an affordable city for renters?

Placentia is considered affordable for renters. At $2,796/mo, rent takes approximately 29% of the local median household income ($115,929/yr). The standard benchmark is 30%. Placentia falls comfortably within that range.

How much income do you need to rent in Placentia?

To keep rent at or below 30% of gross income, you would need to earn at least $112,000/year (~$54/hour full-time) to afford the median rent of $2,796/mo in Placentia. The local median household income is $115,929/yr, meaning the typical Placentia household meets that threshold.

Is rent going up or down in Placentia?

Rent in Placentia has increased 3.1% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Placentia rent compare to other cities in California?

Placentia is middle-of-the-pack for California for rent, ranking #189 out of 387 tracked cities at $2,796/mo.

Which nearby cities are cheaper to rent in than Placentia?

Anaheim is nearby and more affordable at $2,674/mo, which is $122 less than Placentia.

What percentage of Placentia residents rent vs. own?

According to Census data, approximately 36.4% of Placentia households are renters, while 63.6% are owner-occupied. Placentia leans toward homeownership, which can mean a smaller rental inventory.

How does Placentia rent compare to the national average?

Placentia's median rent of $2,796/mo is $831 (42%) above the US national median of $1,965/mo. Within California, it ranks #189 out of 387 tracked cities.
Income Affordability
29%
AFFORDABLE

At $2,796/mo, rent takes ~29% of Placentia's median household income ($115,929/yr). The standard benchmark is 30%.

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

Estimated from ZIP-level data

Schools nearby

Public schools near Placentia, CA

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