What percentage of people rent in Lake Forest, CA?
29.5% (±2.2 points) of the occupied homes in Lake Forest, CA are rented (2020–2024 American Community Survey).
That is 8,995 renting households against 21,471 that own their home.
In Lake Forest, the share of households that rent went from 30.7% in 2015–2019 to 29.5% in 2020–2024 (−1.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 29.5% (±2.2 points)
- Renting households
- 8,995 (±678)
- Median renter income
- $90,961 (±$8,061)
Who rents and who owns in Lake Forest
| Lake Forest | Orange County | California | United States | |
|---|---|---|---|---|
| Renter-occupied share | 29.5% (±2.2 points) | 43.6% (±0.4 points) | 44.1% (±0.2 points) | 34.8% |
| Renting households | 8,995 (±678) | 472,301 (±4,148) | 5,980,523 (±22,985) | 45,017,354 |
| Owning households | 21,471 (±861) | 610,659 (±4,388) | 7,567,568 (±37,334) | 84,210,142 |
| Average renter household size | 2.9 (±0.1) | 2.8 (±0.0) | 2.7 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.1) | 2.9 (±0.0) | 3.0 (±0.0) | 2.6 |
| Median renter household income | $90,961 (±$8,061) | $86,153 (±$1,044) | $71,186 (±$298) | $52,966 |
| Median owner household income | $158,319 (±$7,096) | $149,479 (±$1,604) | $127,456 (±$424) | $100,009 |
In Lake Forest, the renter share is lower than in Orange County (43.6%).
It is also lower than in California (44.1%).
It is lower than the national figure (34.8%).
In Orange County, Lake Forest ranks 29 of 42 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 648 of 1,076.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lake Forest has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 30.7% (±1.7 points) | 29.5% (±2.2 points) | −1.2 percentage points | Not a measurable change |
| Median gross rent | $2,025 (±$72) | $2,672 (±$114) | +32.0% | Up after inflation |
| Median household income | $109,492 (±$4,154) | $135,175 (±$4,503) | +23.5% | 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 Lake Forest
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lake Forest | — | 29.5% (±2.2 points) | — |
| Mission Viejo | 3.3 mi | 23.1% (±1.8 points) | Lower |
| Laguna Woods | 4.3 mi | 28.4% (±3.9 points) | Not measurably different |
| Laguna Hills | 4.6 mi | 30.0% (±4.0 points) | Not measurably different |
| Rancho Santa Margarita | 4.7 mi | 27.5% (±2.6 points) | Not measurably different |
| Trabuco Canyon | 5.0 mi | 7.3% (±9.6 points) | Lower |
| Irvine | 5.7 mi | 55.5% (±1.2 points) | Higher |
| Las Flores | 5.8 mi | 30.1% (±8.5 points) | Not measurably different |
| Aliso Viejo | 6.1 mi | 43.3% (±2.8 points) | Higher |
Nearby places with a measurably lower figure: Mission Viejo, CA (23.1%), Trabuco Canyon, CA (7.3%).
Nearby places with a measurably higher figure: Irvine, CA (55.5%), Aliso Viejo, CA (43.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Orange County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 23 | San Clemente | 33.5% (±2.6 points) |
| 24 | Laguna Niguel | 32.6% (±2.6 points) |
| 25 | La Palma | 32.4% (±4.7 points) |
| 26 | Cypress | 31.9% (±2.4 points) |
| 27 | Las Flores | 30.1% (±8.5 points) |
| 28 | Laguna Hills | 30.0% (±4.0 points) |
| 29 | Lake Forest | 29.5% (±2.2 points) |
| 30 | Laguna Woods | 28.4% (±3.9 points) |
| 31 | Rancho Santa Margarita | 27.5% (±2.6 points) |
| 32 | Ladera Ranch | 25.9% (±3.9 points) |
| 33 | Rancho Mission Viejo | 24.1% (±4.9 points) |
| 34 | Seal Beach | 23.4% (±2.2 points) |
| 35 | Mission Viejo | 23.1% (±1.8 points) |
Showing 13 of 42 places in Orange County, ranked from highest to lowest.
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 Lake Forest
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Questions about Lake Forest
How many renters are there in Lake Forest?
Lake Forest has an estimated 8,995 (±678) renting households, 29.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lake Forest?
In Lake Forest, the share of households that rent went from 30.7% in 2015–2019 to 29.5% in 2020–2024 (−1.2 percentage points), not a measurable change.
How big are renting households in Lake Forest?
A renting household in Lake Forest has 2.9 people on average, against 2.8 in an owned home.
How much do renters earn in Lake Forest?
The median renting household in Lake Forest, CA has an income of $90,961 (±$8,061) a year, against $158,319 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Forest city, California
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Forest city, California
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Forest city, California
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Forest city, California
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Forest city, 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 Lake Forest city, California (place:39496, 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
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- Bedrooms in Lake Forest
- Age of homes in Lake Forest
- Vacancy rate in Lake Forest
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- Commute and cars in Lake Forest
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- Population growth in Lake Forest
- How long people stay in Lake Forest
- Crowding and facilities in Lake Forest
- California landlord and tenant rules
- Housing across Orange County
- California places ranked by share of renters
- Housing data for every place in California