Median rent for residential apartments in as of Feb, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
23 Cerritos apartments for rent
Cerritos
Cerritos, CA has a population of 49,797, including 62% asian, 16% white, and 13% latino.
| Population | 49,797 |
| Median Age | 44.7 |
| Poverty Rate | 5% |
| Median Income (Household) | $95,373 |
| Number Of Employees | 22,549 |
| Median Property Value | $620,500 |
City Overview
The median household income in Cerritos, CA is around $95,373, while the median age is 44.7. This city is a home to major universities: Cerritos College, Associate's Colleges, and Associate's Colleges: Mixed Transfer/Career & Technical-High Traditional. 22,549 employees work in Cerritos, CA. The homeownership rate among the residents is 78.86%. The median property value that you should keep in mind is $620,500.
Business & Economy
Wage by Common Jobs
Average salary: $39,941
- 1. Elementary & middle school teachers$60,205
- 2. Secretaries & administrative assistants$41,595
- 3. Retail salespersons$39,197
- 4. Nursing, psychiatric, & home health aides$30,565
- 5. Cashiers$28,142
Employment by Occupations
Numbers claim that the employment rate in Cerritos, CA changed by -1%, so let’s see what are the most common job groups in this area. People of Cerritos, CA prefer to work in Administrative, Sales and Management.
Employment by Industries
Keeping in mind that the employment rate changed by -1% recently, there must be a strong understanding of industries people of Cerritos, CA work in. The most common industries are Healthcare & Social Assistance, Retail trade and Manufacturing. Please note that not all the residents of Cerritos, CA work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Cerritos, CA is a home for 62% asian residents. The second common group is white with 16% residents. The list of the most common racial or ethnic groups is closed by latino with 13% residents.
Non-English Speakers
Education
Past year Cerritos, CA universities awarded around 6,892 degrees. Statistics show that the population of students in Cerritos, CA include 980 male students and 1,342 female students. Cerritos, CA offers private and public tuition with a median cost of $0 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Cerritos College with the majority of graduates. The Fremont College and PCI College hold the second and the third place respectively. The share of the public colleges in Cerritos, CA is 91.3% and 8.7% go to the private colleges.
Universities
- 1. Cerritos College2,097 graduates
- 2. Fremont College188 graduates
- 3. PCI College37 graduates
Public vs Private
- Public8.7%
- Private91.3%
Health and Safety
The age groups that most likely have the health care coverage in Cerritos, CA are 6-17 years old for men and 6-17 years old for women. Cerritos, CA offers a 72 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 81 to 1, speaking of mental health doctors ratio, it’s 272 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 72 |
| Dentists | 1 to 81 |
| Mental Health | 1 to 272 |
| Other | 1 to 45 |
Transportation
Commute Time
Average travel time: 31.23 minutes
- USA
- Cerritos, CA
Commuter Transportation
The workers of Cerritos, CA traveled to their offices around 31.23 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
- USA
- Cerritos, CA
Housing Trends
Cerritos, CA, USA Housing Trends
Average rent in Cerritos: $2,653 (+28.2%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed rentals | $2,165 | +122.1% |
| 2 bed rentals | $2,864 | +29.2% |
| 3 bed rentals | $2,275 | -10.3% |
| 4+ bed rentals | $3,400 | -18.1% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| Apartment rentals | $2,811 | +0% |
| House rentals | $2,650 | -7.3% |
| Room rentals | $1,250 | +28.2% |
| Condo rentals | $2,217 | +0% |
Over the Mar 2020, the average rent for an apartment in/near Cerritos, CA increased by 28.2% to $2653. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 55% to $975. Pricing for 2-bed apartment also increased by 29.2% and a place of this size will now cost you $2864. 3-bed apartment rent pricing starts at $2536, it decreased by 11.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 22.1% and made it down to $4150.
Looking at the median rent price for an apartment in Cerritos, CA, you can note that it remains flat with a price tag of $2811. Statistics show that house rent price decreased by 7.9% this month making it up to $2859. Condo for rent is now available for the same pricing as previously — $2217. An average room will now go for $975, the median rent price for a room increased by 22%.
Rent vs Own
- Rent79%
- Own21%
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