Ascent Townhome Apartments
5355 N Valentine Ave,
Fresno, CA 93711
$1,924 - $2,643
2-3 Beds
Rental Market Trends in Fresno, CA
What is the average rent in Fresno, CA?
$1,323/month
Average Rent
684 Sq Ft
Average Apartment Size
+1.4%
Increase in the Last Year
Fresno, CA Rental Market Overview
The average rent in Fresno, CA is $1,323 per month. This is 20% lower than the national average rent of $1,644/month, making renting in Fresno more affordable than most cities in the US.
- Studio apartments in Fresno average $1,031 per month.
- One-bedroom apartments in Fresno average $1,323 per month.
- Two-bedroom apartments in Fresno average $1,509 per month.
- Three-bedroom apartments in Fresno average $1,942 or more per month.
Data Updated: June, 2026
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 1.4%, which averages out to $19 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 2026
Legend
2025
2026
Rent Ranges in Fresno, CA
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
12%
Below $700/month
30%
$700 - $1,000/month
31%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
6%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Fresno?
Based on current rent prices, McLane, Huntington and Sunnyside 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, Woodward Park, North Fresno and Fig Garden Loop 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, Woodward Park and Fig Garden Loop .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Fresno, CA?
Because the average rent in Fresno is $1,323, you’ll want to make about $4,410 per month or $52,920 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 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 - $1,942. You can expect to pay 5.1% more for groceries, 28.8% more for utilities, and 9.3% 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
$964/month
-
One Bedroom
$1,022/month
$1,774/month
Two Bedroom
$1,142/month
$2,007/month
Three Bedroom
$1,236/month
$2,425/month
Nearby City Rent Trends
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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 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.