$1,900 Per Month
- 1 Bed
- 1 Bath
- 650 Sq Ft
- Apartment for Rent
1056 Wallgreen St, Placentia, CA 92870
1056 Wallgreen St, Placentia, CA 92870
Frequently Asked Questions
How much does it cost to rent a home in Placentia, CA?
The median rent for a home in Placentia, CA is $3,050 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 $122,000 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 $3,050 per month in Placentia, CA, renters typically need to show $9,150 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 31.4, 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 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 home include Cal State Fullerton, North Anaheim, Raymond Hills, Anaheim Hills and Lower Raymond Hills, each with its own character and price range.
