Ascent Townhome Apartments
5355 N Valentine Ave,
Fresno, CA 93711
$1,953 - $2,597
2-3 Beds
$1,318/month
Average Rent
684 Sq Ft
Average Apartment Size
+1.2%
Increase in the Last Year
As of April 2026, the average rent in Fresno, CA is $1,318 per month. This is 20% lower than the national average rent of $1,641/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 $1,031 per month for a studio, $1,318 for a one-bedroom apartment, and around $1,505 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,931 or more.
In the past year, rent has increased by 1.2%, which averages out to $16 more per month.
Based on current rent prices, Sunnyside, Roeding Park and South Fresno are the most affordable neighborhoods in Fresno.
Based on current rent prices, Woodward Park, North Fresno and The Springs are the most expensive neighborhoods in Fresno.
The neighborhoods in Fresno with the most apartments available are North Fresno, Woodward Park and Fig Garden Loop .
Because the average rent in Fresno is $1,318, you’ll want to make about $4,393 per month or $52,716 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.
The cost of living in Fresno, CA is 5.4% higher than the national average. Generally, housing in Fresno is 2.4% more expensive than the national average, with rent falling between $1,031 - $1,931. You can expect to pay 5.1% more for groceries, 28.8% more for utilities, and 9.3% more for transportation.
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.
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† 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 February 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.
* Percentages may not total 100 due to rounding.