23416 Malibu Colony Rd
23416 Malibu Colony Rd,
Malibu, CA 90265
$175,000 Total Monthly Price
3 Beds
Area Guide
Stretching from the world-famous Getty Villa museum on the east end to Pepperdine University on the west, Eastern Malibu lives up to all the expectations raised by years of TV shows and movies. Most residents live in a narrow strip running on either side of the iconic Pacific Coast Highway, which serves as the city's main thoroughfare. While housing tends to be pricey in Malibu, especially for beachfront or ocean view residences, more affordable apartments cluster toward the center of town, where residents and visitors also head for shopping and dining options.
The heart of Malibu resides in its miles of spectacular beaches, with surfers heading for famous surf breaks off Zuma Beach and tidepool fans clustering around Big Rock Beach. A hidden gem is Paradise Cove, where locals lounge on Adirondack chairs under umbrellas, enjoying the sand as they sip drinks from the Paradise Beach Cafe and watch pelicans at play.
As of September 2026, the average apartment rent in Eastern Malibu is $1,808 for a studio, $2,049 for one bedroom, $2,463 for two bedrooms, and $3,254 for three bedrooms. Apartment rent in Eastern Malibu has increased by 2.1% in the past year.
Studio
500 sq ft
Average Sq Ft
$1,808/month
Average Rent
1 BR
527 sq ft
Average Sq Ft
$2,049/month
Average Rent
2 BR
725 sq ft
Average Sq Ft
$2,463/month
Average Rent
3 BR
810 sq ft
Average Sq Ft
$3,254/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Eastern Malibu - Malibu, CA is for everyday living.
Somewhat Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Essentials are more spread out in Eastern Malibu - Malibu, CA, so everyday errands require more planning.
No Supermarkets Within a 30 Minute Walk
Groceries
Limited Restaurant Variety Nearby
Restaurants
Limited Café Variety Nearby
Cafes
Limited Variety of Shops Nearby
Shopping
Eastern Malibu - Malibu, CA provides green space and wellness resources in certain areas.
Exceptional Amount of Park Space Nearby
Parks
Limited Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Eastern Malibu - Malibu, CA from everyday activity to noise and nightlife.
Calm Atmosphere
Vibrancy
Limited Nightlife Variety Nearby
Nightlife
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.