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Rental Market Trends in Mill Valley, CA

What is the average rent in Mill Valley, CA?

$2,820/month

Average Rent

683 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of January 2026, the average rent in Mill Valley, CA is $2,820 per month. This is 74% higher than the national average rent price of $1,624/month, making Mill Valley one of the most expensive cities in the US. When you rent an apartment in Mill Valley, you can expect to pay about $2,294 per month for a studio, $2,820 for a one-bedroom apartment, and around $3,190 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,865 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,294/month
400 Sq Ft
One Bedroom
$2,820/month
683 Sq Ft
Two Bedroom
$3,190/month
921 Sq Ft
Three Bedroom
$4,865/month
1,289 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 Mill Valley, CA?

In the past year, rent has increased by 1.6%, which averages out to $47 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Mill Valley, CA
Last Updated January 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Mill Valley, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
6% $1,001 - $1,500/month
16% $1,501 - $2,000/month
77% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Mill Valley?

Based on current rent prices, Strawberry Manor is the most affordable neighborhood in Mill Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Strawberry Manor
$5,381/month
818 Sq Ft

What are the most expensive neighborhoods in Mill Valley?

Based on current rent prices, Strawberry Manor is the most expensive neighborhood in Mill Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Strawberry Manor
$5,381/month
818 Sq Ft

Which Mill Valley neighborhoods have the most rentals available?

The neighborhood in Mill Valley with the most apartments available is Strawberry Manor .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Strawberry Manor
$5,381/month
818 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Mill Valley is $2,820, you’ll want to make about $9,400 per month or $112,800 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

Mill Valley, CA

59 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Mill Valley, 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 Mill Valley, CA

Apartment Averages

Strawberry Manor

Mill Valley, CA

Strawberry Manor

Mill Valley, CA

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Corte Madera Average Rent
  • Larkspur Average Rent
  • Kentfield Average Rent
  • Greenbrae Average Rent
  • Sausalito Average Rent

Apartment communities in Mill Valley we think you'll love

Eagle Rock Apartments

Eagle Rock Apartments

1052 Redwood Hwy,
Mill Valley, CA 94941

$1,995 - $2,395

Studio - 1 Bed

Harbor Point

Harbor Point

2 Harbor Point Dr,
Mill Valley, CA 94941

$2,687 - $11,149

Studio - 3 Beds

Strawberry Shores

Strawberry Shores

111 Seminary Dr,
Mill Valley, CA 94941

$2,775 - $3,575

1-2 Beds

Parc Marin

Parc Marin

1441 Casa Buena Dr,
Corte Madera, CA 94925

$2,500 - $3,800

1-3 Beds

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United States California Mill Valley 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 November 2025.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity