$3,700 Per Month
- 3 Beds
- 2.5 Baths
- 1,055 Sq Ft
- House for Rent
1416 Boone Way, Placentia, CA 92870
1416 Boone Way, Placentia, CA 92870
Frequently Asked Questions
How much does it cost to rent a single-family home in Placentia, CA?
The median rent for a single-family home in Placentia, CA is $4,500 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Placentia, CA?
To comfortably afford the median rent in Placentia, CA, a household needs to earn roughly $148,000 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 $3,700 per month in Placentia, CA, renters typically need to show $11,100 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 Placentia, CA?
In Placentia, CA, the price-to-rent ratio is 25.9, 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 Placentia, CA are best for renting a single-family home?
The best neighborhood for renting in Placentia, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Raymond Hills, Anaheim Hills, North Anaheim, The Colony and Northwest Anaheim, each with its own character and price range.
