Frequently Asked Questions
How much does it cost to rent a condo in Cerritos, CA?
The median rent for a condo in Cerritos, CA is $2,900 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Cerritos, CA?
To comfortably afford the median rent in Cerritos, CA, a household needs to earn roughly $167,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,195 per month in Cerritos, CA, renters typically need to show $12,585 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cerritos, CA?
In Cerritos, CA, the price-to-rent ratio is 23.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Cerritos, CA are best for renting a condo?
The best neighborhood for renting in Cerritos, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include
Ramona Park,
Sunny Hills,
West Anaheim and
North Alamitos Beach, each with its own character and price range.
Condo Rental Trends in Cerritos, CA
There are currently 4 condos available for rent in Cerritos, CA. The median rent is $2,900 per month, with 1-bedroom condos renting at $3,720, 2-bedroom condos at $2,895 and 3-bedroom condos at $2,895.
Number of Condos for Rent
4
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|
Median 1 Bedroom Condo Rent
$3,720
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Median 2 Bedroom Condo Rent
$2,895
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Median 3 Bedroom Condo Rent
$2,895
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