Ascent Townhome Apartments
5355 N Valentine Ave,
Fresno, CA 93711
2-3 Beds | $2,198 - $2,702
Rental Market Trends in Fresno, CA
What is the average rent in Fresno, CA?
$1,272/month
Average Rent
679 Sq Ft
Average Apartment Size
+1.3%
Increase in the Last Year
As of June 2025, the average rent in Fresno, CA is $1,272 per month. This is 22% lower than the national average rent of $1,627/month, making renting in Fresno more affordable than most cities in the US. When you rent an apartment in Fresno, you can expect to pay about $1,025 per month for a studio, $1,272 for a one-bedroom apartment, and around $1,469 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,874 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 Fresno, CA?
In the past year, rent has increased by 1.3%, which averages out to $17 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024
2025
Rent Ranges in Fresno, CA
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
15%
Below $700/month
32%
$700 - $1,000/month
29%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Fresno?
Based on current rent prices, McLane, Sunnyside and South Fresno are the most affordable neighborhoods in Fresno.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Fresno?
Based on current rent prices, Madison Ridge, Shenandoah and Mount Vernon Place are the most expensive neighborhoods in Fresno.
Neighborhood
Average Rent
Average Sq Ft
Which Fresno neighborhoods have the most rentals available?
The neighborhoods in Fresno with the most apartments available are North Fresno, West Fresno and Woodward Park .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Fresno, CA?
Because the average rent in Fresno is $1,272, you’ll want to make about $4,240 per month or $50,880 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.
Cost of Living
The cost of living in Fresno, CA is 8.1% higher than the national average. Generally, housing in Fresno is 5.3% more expensive than the national average, with rent falling between $1,025 - $1,874. You can expect to pay 5.1% more for groceries, 28.0% more for utilities, and 37.0% more for transportation.
How does Fresno, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Fresno, 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.
Studio
$983/month
-
One Bedroom
$992/month
-
Two Bedroom
$1,115/month
-
Three Bedroom
$1,242/month
-
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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.