The Distribution of California Renters: Exploring Mid-Sized Properties and Popular Cities
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California, with its vast population and diverse landscapes, is home to a significant number of renters. While big apartment complexes may be the first thing that comes to mind when thinking about rental properties, the reality is that roughly three-quarters of California renters reside in other types of housing. In this article, we will explore where these renters live and focus on mid-sized properties as well as popular cities in Orange County and Los Angeles County.
The Appeal of Mid-Sized Properties
Mid-sized properties, defined as properties with two to 19 units, are the most popular housing option for renters in California. These properties are home to approximately 2.1 million households, making California the top state in the nation in terms of mid-sized rental properties. This accounts for 12% of the 17.8 million tenants living in such properties across the United States. Texas and New York follow closely behind with 1.5 million households each.
Despite their popularity in California, mid-sized properties are even more prevalent in other states. While they make up 36% of the rental market in the Golden State, this share ranks as the 14th lowest among all states. In comparison, the national average for mid-sized properties stands at 39%. This suggests that while mid-sized properties are an important segment of the rental market in California, they are even more sought after in other parts of the country.
Exploring Popular Cities in Orange County and Los Angeles County
When it comes to big things in California, the cities in Orange County and Los Angeles County certainly come to mind. These urban centers are not only popular among residents but also attract a significant number of renters. Let's take a closer look at some of these cities and what makes them appealing to renters.
1. Orange County
Orange County, located in Southern California, is known for its beautiful beaches, vibrant communities, and thriving economy. It is home to several cities that offer a range of rental options for prospective tenants.
Newport Beach
Newport Beach, with its stunning coastline and upscale neighborhoods, is a highly desirable location for renters. The city offers a mix of rental properties, including apartments, townhouses, and single-family homes. Its proximity to the beach, excellent schools, and abundant recreational activities make it an attractive choice for many.
Irvine
Irvine is another city in Orange County that is popular among renters. It is known for its well-planned communities, top-ranked schools, and employment opportunities. The city offers a variety of rental options, ranging from apartments and condos to single-family homes. Its commitment to sustainability and quality of life make it a sought-after destination for many renters.
2. Los Angeles County
Los Angeles County, the most populous county in California, is a cultural and economic hub. It is home to the iconic city of Los Angeles and offers a wide range of rental opportunities for residents.
Los Angeles
Los Angeles, often referred to as the "Entertainment Capital of the World," is a city that needs no introduction. It is a diverse and vibrant metropolis that attracts people from all walks of life. The rental market in Los Angeles is vast, offering everything from luxury apartments in high-rise buildings to more affordable options in suburban neighborhoods. The city's rich cultural scene, thriving job market, and endless entertainment options make it a popular choice for renters.
Santa Monica
Santa Monica, located on the coast of Los Angeles County, is known for its beautiful beaches, trendy shops, and lively atmosphere. The city offers a mix of rental properties, including apartments, condos, and beachfront homes. Its walkable streets, bike-friendly infrastructure, and proximity to major employment centers make it an attractive destination for renters looking for a coastal lifestyle.
Conclusion
While big apartment complexes may be a common sight in California, the majority of renters in the state reside in mid-sized properties. These properties, with their unique charm and affordability, offer a desirable alternative to larger apartment complexes. Additionally, cities in Orange County and Los Angeles County, such as Newport Beach, Irvine, Los Angeles, and Santa Monica, attract a significant number of renters due to their diverse amenities and vibrant communities. Whether it's the allure of the beach or the excitement of city life, California offers a wide range of rental options to cater to the diverse needs of its residents.
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