What is the rental vacancy rate in Montecito, CA?
The rental vacancy rate in Montecito, CA is 7.6% (±5.3 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.0% (±1.1 points).
702 (±151) homes, 17.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Montecito, the rental vacancy rate went from 0.4% in 2015–2019 to 7.6% in 2020–2024 (+7.2 percentage points), a measurable increase.
Figures last updated on .
- Rental vacancy rate
- 7.6% (±5.3 points)
- Homeowner vacancy rate
- 1.0% (±1.1 points)
- Vacant homes
- 702 (±151)
Vacancy in Montecito against Santa Barbara County, its state and the nation
| Montecito | Santa Barbara County | California | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 7.6% (±5.3 points) | 3.3% (±0.6 points) | 4.2% (±0.1 points) | 5.5% |
| Homeowner vacancy rate | 1.0% (±1.1 points) | 0.6% (±0.2 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 702 (±151) | 10,984 (±746) | 1,096,644 (±18,928) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Montecito, the rental vacancy rate is not measurably different from Santa Barbara County (3.3%).
It is not measurably different from California (4.2%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Montecito
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Montecito | — | 7.6% (±5.3 points) | — |
| Summerland | 2.6 mi | 26.6% (±33.2 points) | Not measurably different |
| Toro Canyon | 4.1 mi | 0.0% (±33.1 points) | Not measurably different |
| Santa Barbara | 4.7 mi | 2.9% (±0.9 points) | Not measurably different |
| Mission Canyon | 5.4 mi | 0.0% (±15.1 points) | Not measurably different |
| Carpinteria | 7.9 mi | 5.0% (±7.4 points) | Not measurably different |
| Eastern Goleta Valley | 8.9 mi | 3.8% (±3.9 points) | Not measurably different |
| University of California-Santa Barbara | 12 mi | 8.5% (±6.4 points) | Not measurably different |
| Goleta | 13 mi | 3.2% (±2.4 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Santa Barbara County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Summerland | 26.6% (±33.2 points) |
| 2 | Santa Ynez | 9.8% (±14.2 points) |
| 3 | University of California-Santa Barbara | 8.5% (±6.4 points) |
| 4 | Montecito | 7.6% (±5.3 points) |
| 5 | Buellton | 5.5% (±5.7 points) |
| 6 | Carpinteria | 5.0% (±7.4 points) |
| 7 | Lompoc | 4.2% (±1.7 points) |
| 8 | Eastern Goleta Valley | 3.8% (±3.9 points) |
| 9 | Orcutt | 3.6% (±3.2 points) |
| 10 | Goleta | 3.2% (±2.4 points) |
Showing 10 of 22 places in Santa Barbara County, ranked from highest to lowest.
Montecito 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.
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Questions about Montecito
Is it hard to find a rental in Montecito?
The rental vacancy rate in Montecito, CA is 7.6% (±5.3 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Montecito tighter than it was?
In Montecito, the rental vacancy rate went from 0.4% in 2015–2019 to 7.6% in 2020–2024 (+7.2 percentage points), a measurable increase.
How many homes are vacant in Montecito?
An estimated 702 (±151) housing units, 17.2% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Montecito CDP, California
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Montecito CDP, California
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) for Montecito CDP, California (place:48844, in state:06).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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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- Housing data for every place in California