What is the rental vacancy rate in Oceano, CA?

The rental vacancy rate in Oceano, CA is 1.0% (±1.6 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 2.1% (±2.7 points).

410 (±175) homes, 12.0% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Oceano, the rental vacancy rate went from 16.9% in 2015–2019 to 1.0% in 2020–2024 (−15.9 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
1.0% (±1.6 points)
Homeowner vacancy rate
2.1% (±2.7 points)
Vacant homes
410 (±175)

Vacancy in Oceano against San Luis Obispo County, its state and the nation

Estimate (90% margin of error)
OceanoSan Luis Obispo CountyCaliforniaUnited States
Rental vacancy rate1.0% (±1.6 points)4.6% (±1.1 points)4.2% (±0.1 points)5.5%
Homeowner vacancy rate2.1% (±2.7 points)2.0% (±0.6 points)0.8% (±0.1 points)0.9%
Vacant housing units410 (±175)16,166 (±969)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 Oceano, the rental vacancy rate is lower than in San Luis Obispo County (4.6%).

It is also lower than in California (4.2%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Oceano

Nearest places with a published estimate, compared with Oceano
PlaceDistanceRental vacancy rateCompared with this place
Oceano—1.0% (±1.6 points)—
Grover Beach1.5 mi3.7% (±4.4 points)Not measurably different
Arroyo Grande2.1 mi4.6% (±3.4 points)Not measurably different
Callender4.1 mi0.0% (±11.6 points)Not measurably different
Pismo Beach5.1 mi16.5% (±6.7 points)Higher
Woodlands5.9 mi0.0% (±27.8 points)Not measurably different
Los Ranchos7.8 mi0.0% (±55.8 points)Not measurably different
Nipomo7.9 mi0.5% (±0.8 points)Not measurably different
Avila Beach9.3 mi60.9% (±33.6 points)Higher

Nearby places with a measurably higher figure: Pismo Beach, CA (16.5%), Avila Beach, CA (60.9%).

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

Rental vacancy rate across San Luis Obispo County, place by place

RankPlaceRental vacancy rate
6El Paso de Robles (Paso Robles)5.8% (±3.0 points)
7Arroyo Grande4.6% (±3.4 points)
8San Luis Obispo4.5% (±2.0 points)
9Grover Beach3.7% (±4.4 points)
10Morro Bay2.8% (±2.4 points)
11Atascadero1.6% (±1.9 points)
12Oceano1.0% (±1.6 points)
13Los Osos0.6% (±1.0 points)
14Nipomo0.5% (±0.8 points)
15 (tie)California Polytechnic State University0.0% (±64.1 points)
15 (tie)Callender0.0% (±11.6 points)
15 (tie)Lake Nacimiento0.0% (±21.4 points)
15 (tie)Los Ranchos0.0% (±55.8 points)

Showing 13 of 22 places in San Luis Obispo County, ranked from highest to lowest.

Oceano 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 Oceano

Is it hard to find a rental in Oceano?

The rental vacancy rate in Oceano, CA is 1.0% (±1.6 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 Oceano tighter than it was?

In Oceano, the rental vacancy rate went from 16.9% in 2015–2019 to 1.0% in 2020–2024 (−15.9 percentage points), a measurable decrease.

How many homes are vacant in Oceano?

An estimated 410 (±175) housing units, 12.0% 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 Oceano CDP, California (place:53294, 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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