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City Report · CA

San Lorenzo

Pop. 29,171·301st most expensive in California·Rental market data updated monthly for San Lorenzo, CA
Median rent (all units)
$2,243/mo
Year-over-Year
Stable
Month-over-Month
+0.2%
vs US Median
+$281
Stable (Monthly)
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Most AffordableMost Expensive
San Lorenzo · $2,243
More expensive than 71% of US cities · National median $1,962/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,243/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$90,000/yr
Local median income
$112,660/yr
Based on the 30%-of-income rule using San Lorenzo's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,910
1 BR
$2,170
2 BR
$2,650
3 BR
$3,390
4 BR+
$4,030
Fair Market Rent (HUD)
$2,650/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,243 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
$26,916/yr
At $2,243/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, +0.2% MoM), not inventory.
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Demographics

Who lives here

San Lorenzo, CA is majority owner-occupied, has a median income above the national average, 25.3% of residents hold a bachelor's degree or higher.

Population
29,171
Median income
$112,660
Median age
41.7
Renters
32.8%
Age distribution
19%
21.7%
27.2%
14.3%
17.7%
Under 1819%
18–3421.7%
35–5427.2%
55–6414.3%
65+17.7%
Gender
51.2%
48.8%
Male51.2%
Female48.8%
Race & ethnicity
21.9%
42.1%
32.1%
White21.9%
Black3.8%
Hispanic42.1%
Asian32.1%
Education (25+)
18.6%
23.7%
32.4%
25.3%
No HS diploma18.6%
HS diploma23.7%
Some college32.4%
Bachelor's+25.3%
Housing tenure
67.2%
32.8%
Owner67.2%
Renter32.8%

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

2021 vs 2026

How San Lorenzo, CA has changed in 5 years

Income
$95,903 → $112,660
up 17.5%
Population
30,420 → 29,171
down 4.1%
Renter share
35% → 32.8%
-2.2 pts
Bachelor's+
26.1% → 25.3%
-0.8 pts
Median age
39 → 41.7
+2.7 yrs

Median household income rose from $95,903 to $112,660 between 2021 and 2024, a 17.5% shift. The population has contracted by 4.1% since 2021, moving from about 30,420 residents to roughly 29,171. Renters now make up 32.8% of households, compared with 35% five years ago.

Community

Discussions about San Lorenzo

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View San Lorenzo rent history (2015–2026) →
Salary vs rent

Can you afford rent in San Lorenzo on your salary?

At $2,243/mo, how San Lorenzo rent compares to typical pay (30% rule).

By apartment size

San Lorenzo rent by bedroom count

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

Local insights

Tips for renters in San Lorenzo

About renting in San Lorenzo, CA

Last updated: August 17, 2026

The median rent in San Lorenzo is $2,243/mo as of August 2026. A studio apartment averages $1,910/mo while a 2-bedroom runs $2,650/mo. One-bedroom apartments average $2,170/mo and 3-bedroom units go for $3,390/mo.

At 24% of local median household income ($112,660/yr), San Lorenzo ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is San Lorenzo an affordable city for renters?

San Lorenzo is considered very affordable for renters. At $2,243/mo, rent takes approximately 24% of the local median household income ($112,660/yr). The standard benchmark is 30%. San Lorenzo falls comfortably within that range.

How much income do you need to rent in San Lorenzo?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,243/mo in San Lorenzo. The local median household income is $112,660/yr, meaning the typical San Lorenzo household meets that threshold.

Is rent going up or down in San Lorenzo?

Rent in San Lorenzo has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does San Lorenzo rent compare to other cities in California?

San Lorenzo is one of the more affordable cities in California for rent, ranking #301 out of 381 tracked cities at $2,243/mo.

What percentage of San Lorenzo residents rent vs. own?

According to Census data, approximately 32.8% of San Lorenzo households are renters, while 67.2% are owner-occupied. San Lorenzo leans toward homeownership, which can mean a smaller rental inventory.

How does San Lorenzo rent compare to the national average?

San Lorenzo's median rent of $2,243/mo is $281 (14%) above the US national median of $1,962/mo. Within California, it ranks #301 out of 381 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $2,243/mo, rent takes ~24% of San Lorenzo's median household income ($112,660/yr). The standard benchmark is 30%.

San Lorenzo 24%Benchmark 30%
State income tax1–13.3%
Run the San Lorenzo affordability calculator →
Lowest-rent ZIP codes in San Lorenzo
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near San Lorenzo, CA

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