What percentage of people rent in Cherry Valley, CA?
16.9% (±6.2 points) of the occupied homes in Cherry Valley, CA are rented (2020–2024 American Community Survey).
That is 413 renting households against 2,038 that own their home.
In Cherry Valley, the share of households that rent went from 20.6% in 2015–2019 to 16.9% in 2020–2024 (−3.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 16.9% (±6.2 points)
- Renting households
- 413 (±170)
- Median renter income
- $42,474 (±$22,018)
Who rents and who owns in Cherry Valley
| Cherry Valley | Riverside County | California | United States | |
|---|---|---|---|---|
| Renter-occupied share | 16.9% (±6.2 points) | 30.9% (±0.4 points) | 44.1% (±0.2 points) | 34.8% |
| Renting households | 413 (±170) | 239,349 (±3,349) | 5,980,523 (±22,985) | 45,017,354 |
| Owning households | 2,038 (±241) | 535,986 (±3,538) | 7,567,568 (±37,334) | 84,210,142 |
| Average renter household size | 2.2 (±0.5) | 3.0 (±0.0) | 2.7 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.4) | 3.2 (±0.0) | 3.0 (±0.0) | 2.6 |
| Median renter household income | $42,474 (±$22,018) | $63,524 (±$1,392) | $71,186 (±$298) | $52,966 |
| Median owner household income | $90,375 (±$20,630) | $109,791 (±$1,274) | $127,456 (±$424) | $100,009 |
In Cherry Valley, the renter share is lower than in Riverside County (30.9%).
It is also lower than in California (44.1%).
It is lower than the national figure (34.8%).
In Riverside County, Cherry Valley ranks 55 of 71 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 875 of 1,076.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Cherry Valley has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 20.6% (±4.1 points) | 16.9% (±6.2 points) | −3.7 percentage points | Not a measurable change |
| Median gross rent | $969 (±$149) | $1,399 (±$215) | +44.4% | No measurable change after inflation |
| Median household income | $54,750 (±$13,575) | $76,895 (±$16,191) | +40.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Cherry Valley
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cherry Valley | — | 16.9% (±6.2 points) | — |
| Banning | 4.7 mi | 29.8% (±3.6 points) | Higher |
| Calimesa | 4.9 mi | 10.7% (±5.3 points) | Not measurably different |
| Yucaipa | 5.6 mi | 26.6% (±3.5 points) | Higher |
| Beaumont | 7.2 mi | 19.2% (±2.7 points) | Not measurably different |
| Mentone | 10 mi | 31.9% (±7.1 points) | Higher |
| Cabazon | 12 mi | 39.9% (±16.7 points) | Higher |
| San Jacinto | 13 mi | 25.0% (±3.1 points) | Higher |
| Redlands | 13 mi | 43.2% (±2.6 points) | Higher |
Nearby places with a measurably higher figure: Banning, CA (29.8%), Yucaipa, CA (26.6%), Mentone, CA (31.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Riverside County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 49 | Romoland | 19.6% (±16.4 points) |
| 50 | Beaumont | 19.2% (±2.7 points) |
| 51 | Norco | 18.9% (±3.2 points) |
| 52 | El Cerrito (community) | 18.3% (±7.0 points) |
| 53 | Whitewater | 18.1% (±10.4 points) |
| 54 | Rancho Mirage | 18.0% (±3.1 points) |
| 55 | Cherry Valley | 16.9% (±6.2 points) |
| 56 | Sky Valley | 16.3% (±8.6 points) |
| 57 | Canyon Lake | 15.2% (±6.1 points) |
| 58 | Coronita | 13.9% (±8.7 points) |
| 59 | Desert Palms | 13.6% (±6.9 points) |
| 60 | Temescal Valley | 13.3% (±3.7 points) |
| 61 (tie) | French Valley | 12.6% (±2.8 points) |
Showing 13 of 71 places in Riverside County, ranked from highest to lowest.
Cherry Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Cherry Valley
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Questions about Cherry Valley
How many renters are there in Cherry Valley?
Cherry Valley has an estimated 413 (±170) renting households, 16.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Cherry Valley?
In Cherry Valley, the share of households that rent went from 20.6% in 2015–2019 to 16.9% in 2020–2024 (−3.7 percentage points), not a measurable change.
How big are renting households in Cherry Valley?
A renting household in Cherry Valley has 2.2 people on average, against 2.8 in an owned home.
How much do renters earn in Cherry Valley?
The median renting household in Cherry Valley, CA has an income of $42,474 (±$22,018) a year, against $90,375 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cherry Valley CDP, California
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cherry Valley CDP, California
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cherry Valley CDP, California
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cherry Valley CDP, California
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cherry Valley CDP, California
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cherry Valley CDP, California (place:12916, in state:06).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Cherry Valley at a glance
- Median rent in Cherry Valley
- Rent by bedrooms in Cherry Valley
- Rent burden in Cherry Valley
- Income and affordability in Cherry Valley
- Home values in Cherry Valley
- Homeowner costs in Cherry Valley
- Property taxes in Cherry Valley
- Types of homes in Cherry Valley
- Bedrooms in Cherry Valley
- Age of homes in Cherry Valley
- Heating fuel in Cherry Valley
- Commute and cars in Cherry Valley
- Population growth in Cherry Valley
- How long people stay in Cherry Valley
- Crowding and facilities in Cherry Valley
- California landlord and tenant rules
- Housing across Riverside County
- California places ranked by share of renters
- Housing data for every place in California