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

Estimate (90% margin of error)
MontecitoSanta Barbara CountyCaliforniaUnited States
Rental vacancy rate7.6% (±5.3 points)3.3% (±0.6 points)4.2% (±0.1 points)5.5%
Homeowner vacancy rate1.0% (±1.1 points)0.6% (±0.2 points)0.8% (±0.1 points)0.9%
Vacant housing units702 (±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

Nearest places with a published estimate, compared with Montecito
PlaceDistanceRental vacancy rateCompared with this place
Montecito—7.6% (±5.3 points)—
Summerland2.6 mi26.6% (±33.2 points)Not measurably different
Toro Canyon4.1 mi0.0% (±33.1 points)Not measurably different
Santa Barbara4.7 mi2.9% (±0.9 points)Not measurably different
Mission Canyon5.4 mi0.0% (±15.1 points)Not measurably different
Carpinteria7.9 mi5.0% (±7.4 points)Not measurably different
Eastern Goleta Valley8.9 mi3.8% (±3.9 points)Not measurably different
University of California-Santa Barbara12 mi8.5% (±6.4 points)Not measurably different
Goleta13 mi3.2% (±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

RankPlaceRental vacancy rate
1Summerland26.6% (±33.2 points)
2Santa Ynez9.8% (±14.2 points)
3University of California-Santa Barbara8.5% (±6.4 points)
4Montecito7.6% (±5.3 points)
5Buellton5.5% (±5.7 points)
6Carpinteria5.0% (±7.4 points)
7Lompoc4.2% (±1.7 points)
8Eastern Goleta Valley3.8% (±3.9 points)
9Orcutt3.6% (±3.2 points)
10Goleta3.2% (±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

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.

Request a Census API 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 .

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