City Report · CA

Placentia

Pop. 52,826·173rd most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$2,882/mo
Year-over-Year
+3.5%
Month-over-Month
Stable
vs US Median
+$950
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Placentia · $2,882
More expensive than 88% of US cities · National median $1,932/mo
Rent Reality Score
52/100
Fairly priced
OverheatedFairGreat value

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

Actual rent
$2,882/mo
Expected by trend
$2,907/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
Fair Market Rent (HUD)
$2,620/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,882 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

Compared with the peak

Rent in Placentia is at its highest level since Zillow's records here began in November 2021.

Past year vs. the rest of California

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

Recent direction

Rent has risen 4 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($115,929) is $2,898 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,620); a 3-bedroom is $3,540.

Cheaper nearby

Rowland Heights, 7 miles away, rents for 16% less ($2,421/mo), about $5,500 a year in savings.

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

Annual cost
$34,584/yr
At $2,882/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.5% YoY, +0.1% 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
$2,600 → $2,882
up 10.8%
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 $2,600 in 2022 and currently runs about $2,882, reflecting a 10.8% 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 $2,882/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: October 17, 2026

The median rent in Placentia is $2,882/mo as of October 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 30% of local median household income ($115,929/yr), Placentia ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

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 $115,000/year (about $55/hour full-time) to afford the median rent of $2,882/mo in Placentia. The local median household income is $115,929/yr, so the typical household meets that bar.

Is rent going up or down in Placentia?

Rent in Placentia has risen 3.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2021.

How does Placentia rent compare to other cities in California?

Placentia is in the middle among California cities for rent, ranking #173 of 382 tracked cities at $2,882/mo. Over the year to September 2026, rent in Placentia changed +3.4%, against a typical +3.4% across the 336 California cities Zillow tracks.

Which nearby cities are cheaper to rent in than Placentia?

Nearby cities with lower median rent than Placentia ($2,882/mo) include Anaheim ($2,755/mo).
Income Affordability
30%
MODERATE

At $2,882/mo, rent takes ~30% of Placentia's median household income ($115,929/yr). The standard benchmark is 30%.

Placentia 30%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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