RentData

Average Rent in Santa Ana, CA Rents rising 4.3% YoY🔺 6th priciest in CA

HUD FY2025 · Official government data · Updated annually · Metro pop. 13,012,469

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

Market Overview

Santa Ana, CA has rental prices ranging from $2,352/month to $4,693/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $2,454/month — 75% above the national average of $1,400/month. With a median household income of $93,525/year, spending $2,454/month on a 1-bedroom represents 31% of gross income — at the boundary of affordability.

How Santa Ana Compares

With an average 2-bedroom rent of $2,903/month, Santa Ana ranks #6 most expensive of the 51 cities tracked in California — pricier than 100% of all US cities in our data.

The Santa Ana Rental Market

The Santa Ana, CA area has a population of about 13,012,469 and 51% 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 Santa Ana, CA have risen by $120/month (4.3%) over the past year, from $2,783 to $2,903. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Santa Ana, CA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $98,160. The local median household income of $93,525 falls $4,635 short of that threshold, meaning many residents in Santa Ana are housing cost-burdened by conventional measures.

Rent vs. Buy

The median home value in Santa Ana, CA is $869,908, giving a price-to-rent ratio of 25.0. With a break-even horizon of approximately 25 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Santa Ana's neighborhoods. Among the highest-value areas are Downtown ($346,769 median home value), Lyon Street ($412,720 median home value), Cornerstone Village ($519,265 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$2,352
Average
1 Bedroom
$2,454
Average
2 Bedrooms
$2,903
4.3% YoY
Average
3 Bedrooms
$3,927
Expensive
4 Bedrooms
$4,693
Expensive
🔔
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Median Home Value
$869,908
Source: Zillow ZHVI
Est. monthly payment
$4,630/mo
20% down · 30yr · 7%

Is Santa Ana, 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
$116,120/year
Local median income: $93,525
To buy a median home
$185,201/year
US national median: $75,000
💡 Based on a 2BR rent of $2,903/month and 20% down on a $869,908 home at 7% rate.

Nearby Cities in CAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Los Angeles$1,856$2,081$2,625$3,335
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
Yolo$1,602$1,613$2,116$2,944

Rent or Buy in Santa Ana?

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

Should I Rent or Buy?

Break-even analysis using real Santa Ana data

$
Home Value
$869,908
2BR Rent
$2,903/mo
Mortgage Rate
7%
Monthly P&I
$4,630/mo
🏠 Buy

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

Total monthly buy cost: $6,406/movs rent: $2,903/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 $869,908 home at 7% rate

20% — $173,982
3%50%
Estimated Monthly Payment
$4,630
per month · 30 years · 7% APR
Loan Amount
$695,926
Total Paid
$1,666,806
Total Interest
$970,880
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Santa Ana

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Frequently Asked Questions

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🏘️Neighborhoods in Santa Ana

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Santa Ana

Is it cheaper to rent or buy here?

💵Rent Affordability in Santa Ana

Salary needed to afford rent here

🗺️All Cities in CA

See how Santa Ana ranks statewide

⚖️Compare Santa Ana

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📋CA Tenant Rights

Deposit limits, eviction laws & renters protections