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    Typical Rent in 90623 — Cerritos, CA

    The typical 1-bedroom rent in 90623 (Cerritos, CA) is $2,943/month as of 2026, based on 4 data sources. Rents have risen 3.0% year over year, so an increase above 3.0% exceeds the local market trend. Studio: $2,450. 2-bedroom: $2,960.

    Rents in Cerritos have changed approximately +1.3% – +10.6% over the past year based on local market data. A rent increase above 10.6% is above the local market trend.

    Estimated Rent · 1-Bedroom

    $2,943/mo

    Source: HUD Estimated Rent

    Data through

    Based on 4 independent data sources including local market trends and nearby listings.

    The HUD Fair Market Rent for a 1-bedroom in 90623 (Cerritos, CA) is $2,510 for FY2026.

    Rents in 90623 have increased 3.0% year-over-year based on local market data.

    The confidence level for this estimate is high based on 4 data sources.

    Based on local market data, a fair rent increase in Cerritos (90623) is approximately 3.0% for 2026. The typical 1-bedroom rent is $2,943/month. Any increase significantly above 3.0% exceeds the local market trend and may be worth negotiating.

    Sources: local market data, HUD SAFMR FY2026, Rentcast. Updated February 2026.

    What Should Rent Cost in 90623 (Cerritos)?

    Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.

    Studio$2,450 – $2,874

    A studio in 90623 (Cerritos) typically rents for $2,450 – $2,874.

    Rents above $3,305 are in the top 25% for this area.

    1-Bedroom$2,510 – $2,943

    A 1-bedroom in 90623 (Cerritos) typically rents for $2,510 – $2,943.

    Rents above $3,384 are in the top 25% for this area.

    2-Bedroom$2,960 – $3,468

    A 2-bedroom in 90623 (Cerritos) typically rents for $2,960 – $3,468.

    Rents above $3,988 are in the top 25% for this area.

    3-Bedroom$4,020 – $4,708

    A 3-bedroom in 90623 (Cerritos) typically rents for $4,020 – $4,708.

    Rents above $5,414 are in the top 25% for this area.

    4-Bedroom$4,790 – $5,622

    A 4-bedroom in 90623 (Cerritos) typically rents for $4,790 – $5,622.

    Rents above $6,465 are in the top 25% for this area.

    Current Asking Rents in 90623

    Average Asking Rent

    $3,486/mo

    Typical Asking Rent

    $3,650/mo

    Range

    $1,000 – $4,950

    Active Listings

    12

    These are current asking rents from active listings in 90623. Compare to the HUD fair market rent above to see how the market compares to federal benchmarks.

    Source: Live market data (cached)

    Rent Increase Laws in California →

    Full market data

    Rent Trends in Cerritos, CA

    +3.0%

    Rents in 90623 (Cerritos) are rising at +3.0% year-over-year.

    ⚠ Mixed signals

    Market sources range from +1.3% to +10.6%

    Local vacancy rate: 5.1%

    Sources: Apartment List, HUD Fair Market Rent

    Federal Rent Benchmarks for 90623

    HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area area, not zip-specific rates.

    Bedroom SizeFair Market RentEstimated Rent
    Studio$2,450$2,874
    1-Bedroom$2,510$2,943
    2-Bedroom$2,960$3,468
    3-Bedroom$4,020$4,708
    4-Bedroom$4,790$5,622

    Source: HUD SAFMR FY2026 · Updated

    Questions about rent in 90623

    What is the average 1-bedroom rent in 90623?

    The typical 1-bedroom rent in 90623 (Cerritos, CA) is $2,943/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $2,450 and 2-bedroom rent at $2,960.

    What is a fair rent increase in 90623?

    A rent increase up to about 3.0% is in line with the recent local market trend in 90623. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.

    Are rents going up or down in 90623?

    Rents in 90623 have risen 3.0% year over year based on the local trend data used on this page.

    How much do studios and 2-bedrooms cost in 90623?

    On this page, studio rent in 90623 is $2,450/month and 2-bedroom rent is $2,960/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.

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    Similar Rents in Other Areas

    These zip codes have similar 1-bedroom rents to 90623 ($2,510/mo) — useful for comparing what your rent gets you in other markets.

    Zip CodeLocation1-BR Rent
    10002New York, NY$2,260
    10009New York, NY$2,840
    10025New York, NY$2,790
    10026New York, NY$2,800
    10027New York, NY$2,460
    10029New York, NY$2,260

    Nearby Areas

    Zip CodeLocation1-BR Fair Market Rent
    90620Buena Park, CA$2,700
    90621Buena Park, CA$2,350
    90622Santa Ana, CA$2,750
    90624Santa Ana, CA$2,750
    90630Cypress, CA$2,690

    Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →

    Zip code: 90623 | City: Cerritos, CA | 1-BR Estimated Rent: $2,943/mo | 2-BR: $3,468/mo | Sources: Apartment List, HUD Fair Market Rent, HUD SAFMR FY2026