RentData

Average Rent in El Centro, CA Rents rising 6.6% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 179,319

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

El Centro, CA has rental prices ranging from $940/month to $2,287/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,056/month — 25% below the national average of $1,400/month. With a median household income of $56,393/year, spending $1,056/month on a 1-bedroom represents 22% of gross income — within the recommended 30% threshold.

How El Centro Compares

With an average 2-bedroom rent of $1,371/month, El Centro ranks #41 most expensive of the 51 cities tracked in California — pricier than 89% of all US cities in our data.

The El Centro Rental Market

The El Centro, CA area has a population of about 179,319 and 43% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.

Rent Trends

2-bedroom rents in El Centro, CA have risen by $85/month (6.6%) over the past year, from $1,286 to $1,371. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in El Centro, CA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $42,240. The local median household income of $56,393 exceeds that threshold by $14,153, making El Centro relatively accessible compared to local wages.

Rent vs. Buy

The median home value in El Centro, CA is $387,954, giving a price-to-rent ratio of 23.6. With a break-even horizon of approximately 24 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Fair Market Rents

HUD FY2025
Studio
$940
Affordable
1 Bedroom
$1,056
Affordable
2 Bedrooms
$1,371
6.6% YoY
Affordable
3 Bedrooms
$1,873
Average
4 Bedrooms
$2,287
Expensive
🔔
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Median Home Value
$387,954
Source: Zillow ZHVI
Est. monthly payment
$2,065/mo
20% down · 30yr · 7%

Is El Centro, CA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$54,840/year
Local median income: $56,393
To buy a median home
$82,594/year
US national median: $75,000
💡 Based on a 2BR rent of $1,371/month and 20% down on a $387,954 home at 7% rate.

Nearby Cities in CAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Los Angeles$1,856$2,081$2,625$3,335
Santa Ana$2,352$2,454$2,903$3,927
Oakland$1,937$2,201$2,682$3,432
San Francisco$2,275$2,780$3,318$4,138
Riverside$1,776$1,852$2,306$3,079
San Diego$2,145$2,328$2,881$3,852

Rent or Buy in El Centro?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real El Centro data

$
Home Value
$387,954
2BR Rent
$1,371/mo
Mortgage Rate
7%
Monthly P&I
$2,065/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,857/movs rent: $1,371/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $387,954 home at 7% rate

20% — $77,591
3%50%
Estimated Monthly Payment
$2,065
per month · 30 years · 7% APR
Loan Amount
$310,363
Total Paid
$743,347
Total Interest
$432,984
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in El Centro

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🏘️Neighborhoods in El Centro

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⚖️Rent vs Buy in El Centro

Is it cheaper to rent or buy here?

💵Rent Affordability in El Centro

Salary needed to afford rent here

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📋CA Tenant Rights

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