With demand far outpacing supply, finding a rental in California is an arduous task, and residents of Orange County faced the most competitive rental market in the state during 2022.
RentCafe, a nationwide internet listing service specializing in rental houses and apartments, analyzed markets measuring the number of days rentals stay vacant, the percentage of apartments occupied by renters, how many prospective renters competed for a listing, the percentage of renters renewing their leases, and the share of new apartments completed.
