California (CA) Average Rent Prices 2023

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Average Rent Prices in California (CA)

$1,3931

Studio

$1,5441

1BR

$1,9371

2BR

$2,6391

3BR

$3,0351

4BR

As of 2023, the overall average fair market rent for a residential rental property in California is $2,110. Average rent prices in California sit above the national average rent of $1,274, in which California ranks as the as 2nd highest rent among all 50 states and the 49th lowest rent among all 50 states within the United States. In California’s large metropolitan areas such as Los Angeles, CA or San Francisco, CA, the average rent prices tend to be higher, while alternative areas such as Bakersfield, CA, can provide more affordable options.

1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.

Rent Rankings

2nd

Highest Rent Among 50 States

49th

Lowest Rent Among 50 States

Above

The National Rent Average

Definitions

Studio – A one-room unit with a private bathroom.

1BR – A unit that has a separate bathroom and a separate bedroom.

2BR – A unit that has two separate and distinct bedrooms.

3BR – A unit that has 3 separate and distinct bedrooms.

4BR – A unit that has 4 separate and distinct bedrooms.

Fair Market Rent – Gross rent estimate for a standard rental unit in a given market.

Average Rent Prices in California (CA) Visual Chart

Average Rent Prices in California (CA) by Metro Area

wdt_ID Metro Studio 1BR 2BR 3BR 4BR
1 Bakersfield, CA MSA 863 869 1.137 1.616 1.937
2 Chico, CA MSA 893 941 1.239 1.761 2.110
3 El Centro, CA MSA 772 904 1.155 1.606 1.952
4 Fresno, CA MSA 991 997 1.258 1.772 2.029
5 Hanford-Corcoran, CA MSA 1.030 1.036 1.287 1.829 2.091
6 Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area 1.534 1.747 2.222 2.888 3.170
7 Madera, CA MSA 967 973 1.258 1.784 1.971
8 Merced, CA MSA 854 1.017 1.243 1.767 2.117
9 Modesto, CA MSA 1.039 1.072 1.365 1.929 2.258
10 Napa, CA MSA 1.597 1.814 2.388 3.288 3.332
11 Oakland-Fremont, CA HUD Metro FMR Area 1.658 1.969 2.405 3.144 3.706
12 Oxnard-Thousand Oaks-Ventura, CA MSA 1.703 2.001 2.425 3.368 3.962
13 Redding, CA MSA 895 1.017 1.339 1.903 2.281
14 Riverside-San Bernardino-Ontario, CA MSA 1.281 1.398 1.751 2.376 2.922
15 Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area 1.277 1.400 1.756 2.496 2.907
16 Salinas, CA MSA 2.112 2.194 2.675 3.790 4.144
17 San Benito County, CA HUD Metro FMR Area 1.441 1.637 2.155 3.063 3.671
18 San Diego-Carlsbad, CA MSA 1.714 1.885 2.399 3.279 3.988
19 San Francisco, CA HUD Metro FMR Area 2.156 2.665 3.188 3.912 4.283
20 San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area 2.223 2.513 2.941 3.750 4.202
21 San Luis Obispo-Paso Robles-Arroyo Grande, CA MSA 1.394 1.561 2.055 2.834 3.155
22 Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area 1.939 2.113 2.539 3.448 4.032
23 Santa Cruz-Watsonville, CA MSA 2.212 2.502 3.293 4.077 4.568
24 Santa Maria-Santa Barbara, CA MSA 2.040 2.350 2.667 3.520 4.001
25 Santa Rosa, CA MSA 1.525 1.711 2.252 3.101 3.356
26 Stockton-Lodi, CA MSA 1.040 1.158 1.513 2.150 2.577
27 Vallejo-Fairfield, CA MSA 1.428 1.620 1.963 2.790 3.266
28 Visalia-Porterville, CA MSA 825 848 1.116 1.552 1.790
29 Yolo, CA HUD Metro FMR Area 1.386 1.406 1.851 2.561 3.072
30 Yuba City, CA MSA 1.003 1.010 1.288 1.830 2.194
Metro Studio 1BR 2BR 3BR 4BR

Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2023.

Methodology

Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.

Data

Rent prices are based on aggregated data from one and/or several sources noted below:

Disclaimer

The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.

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Average Rent Prices in Other US States 2023

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