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Rental Market Trends in Banning, CA

What is the average rent in Banning, CA?

$1,140/month

Average Rent

480 Sq Ft

Average Apartment Size

-1%

Decrease in the Last Year

As of July 2025, the average rent in Banning, CA is $1,140 per month. This is 30% lower than the national average rent of $1,637/month, making renting in Banning more affordable than most cities in the US. When you rent an apartment in Banning, you can expect to pay about $735 per month for a studio, $1,140 for a one-bedroom apartment, and around $1,531 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,795 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$735/month
474 Sq Ft
One Bedroom
$1,140/month
480 Sq Ft
Two Bedroom
$1,531/month
924 Sq Ft
Three Bedroom
$1,795/month
1,188 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,449/month
1,497 Sq Ft
Three Bedroom
$2,236/month
1,371 Sq Ft
Four Bedroom
$3,777/month
2,387 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Banning, CA?

In the past year, rent has decreased by 1%, which averages out to $11 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Banning, CA
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Banning, CA
Percentage*
Rent Range
0% Below $700/month
45% $700 - $1,000/month
27% $1,001 - $1,500/month
27% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Banning, CA?

Because the average rent in Banning is $1,140, you’ll want to make about $3,800 per month or $45,600 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Banning, CA

50 Available Apartments for Rent

Search for Nearby Apartments

How does Banning, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Banning, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Banning, CA

Apartment Averages

Apartment communities in Banning we think you'll love

Windscape Village Apartments

Windscape Village Apartments

380 W Barbour St,
Banning, CA 92220

1 Bed | $1,500 - $1,550

233 W Nicolet St

233 W Nicolet St

233 W Nicolet St,
Banning, CA 92220

1-2 Beds | $1,745 - $1,895

Wilson Garden

Wilson Garden

5001-5099 W Wilson St,
Banning, CA 92220

1-3 Beds | $1,500 - $1,825

000 Highland Home Rd

000 Highland Home Rd

000 Highland Home Rd,
Banning, CA 92220

1 Bed | $1,400

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United States California Banning Rental Trends

Methodology

† 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity