What percentage of people rent in Lakewood, CA?

28.6% (±2.0 points) of the occupied homes in Lakewood, CA are rented (2020–2024 American Community Survey).

That is 7,508 renting households against 18,722 that own their home.

In Lakewood, the share of households that rent went from 27.7% in 2015–2019 to 28.6% in 2020–2024 (+0.9 percentage points), not a measurable change.

Figures last updated on .

Households that rent
28.6% (±2.0 points)
Renting households
7,508 (±542)
Median renter income
$91,781 (±$10,671)

Who rents and who owns in Lakewood

Tenure, estimate (90% margin of error)
LakewoodLos Angeles CountyCaliforniaUnited States
Renter-occupied share28.6% (±2.0 points)54.1% (±0.2 points)44.1% (±0.2 points)34.8%
Renting households7,508 (±542)1,848,466 (±7,040)5,980,523 (±22,985)45,017,354
Owning households18,722 (±615)1,567,983 (±9,447)7,567,568 (±37,334)84,210,142
Average renter household size3.0 (±0.1)2.6 (±0.0)2.7 (±0.0)2.3
Average owner household size3.1 (±0.1)3.1 (±0.0)3.0 (±0.0)2.6
Median renter household income$91,781 (±$10,671)$66,677 (±$463)$71,186 (±$298)$52,966
Median owner household income$134,394 (±$3,300)$127,538 (±$734)$127,456 (±$424)$100,009

In Lakewood, the renter share is lower than in Los Angeles County (54.1%).

It is also lower than in California (44.1%).

It is lower than the national figure (34.8%).

In Los Angeles County, Lakewood ranks 98 of 140 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 668 of 1,076.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lakewood has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent27.7% (±1.5 points)28.6% (±2.0 points)+0.9 percentage pointsNot a measurable change
Median gross rent$1,839 (±$53)$2,347 (±$99)+27.6%No measurable change after inflation
Median household income$93,432 (±$3,588)$119,177 (±$4,606)+27.6%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 Lakewood

Nearest places with a published estimate, compared with Lakewood
PlaceDistanceHouseholds that rentCompared with this place
Lakewood—28.6% (±2.0 points)—
Artesia2.8 mi50.5% (±6.2 points)Higher
Bellflower2.8 mi60.7% (±2.0 points)Higher
Hawaiian Gardens3.0 mi56.2% (±6.2 points)Higher
Cerritos3.3 mi24.1% (±2.8 points)Lower
Signal Hill4.1 mi49.7% (±6.7 points)Higher
Paramount4.4 mi57.0% (±3.5 points)Higher
Rossmoor4.7 mi10.2% (±2.8 points)Lower
Norwalk4.7 mi31.7% (±1.7 points)Higher

Nearby places with a measurably lower figure: Cerritos, CA (24.1%), Rossmoor, CA (10.2%).

Nearby places with a measurably higher figure: Artesia, CA (50.5%), Bellflower, CA (60.7%), Hawaiian Gardens, CA (56.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Los Angeles County, place by place

RankPlaceHouseholds that rent
92La Verne30.8% (±3.2 points)
93View Park-Windsor Hills29.9% (±6.4 points)
94Pico Rivera29.5% (±2.6 points)
95West Carson29.3% (±4.1 points)
96 (tie)Littlerock29.2% (±24.0 points)
96 (tie)Quartz Hill29.2% (±7.5 points)
98 (tie)Lakewood28.6% (±2.0 points)
98 (tie)Citrus28.6% (±6.9 points)
100 (tie)Santa Clarita28.2% (±1.4 points)
100 (tie)Lake Los Angeles28.2% (±6.4 points)
102 (tie)San Dimas27.6% (±3.4 points)
102 (tie)East Pasadena27.6% (±6.9 points)
104Mayflower Village26.9% (±7.7 points)

Showing 13 of 140 places in Los Angeles 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 Lakewood

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Questions about Lakewood

How many renters are there in Lakewood?

Lakewood has an estimated 7,508 (±542) renting households, 28.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lakewood?

In Lakewood, the share of households that rent went from 27.7% in 2015–2019 to 28.6% in 2020–2024 (+0.9 percentage points), not a measurable change.

How big are renting households in Lakewood?

A renting household in Lakewood has 3.0 people on average, against 3.1 in an owned home.

How much do renters earn in Lakewood?

The median renting household in Lakewood, CA has an income of $91,781 (±$10,671) a year, against $134,394 for households that own their home.

Sources

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 Lakewood city, California (place:39892, 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.

Request a Census API 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 .

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