Eagle Rock Apartments
1052 Redwood Hwy,
Mill Valley, CA 94941
Studio - 1 Bed | $2,200 - $2,800
Rental Market Trends in Mill Valley, CA
Updated September 2026
The average rent in Mill Valley, CA is $3,021/month.
Rent in Mill Valley is 82% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.
$3,021/month
Average Rent
667 Sq Ft
Average Size
+8.1%
Change / Year
17
Available Apartments
Mill Valley rent varies by unit size and layout:
- Studio apartments in Mill Valley average $2,395 per month.
- One-bedroom apartments in Mill Valley average $3,021 per month.
- Two-bedroom apartments in Mill Valley average $3,328 per month.
- Three-bedroom apartments in Mill Valley average $4,971 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Mill Valley, CA?
In the past year, rent has increased by 8.1%, which averages out to $246 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Mill Valley, CA
September 2026
Above $2,000
Most rental prices fall within this range
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
What salary do I need to live comfortably in Mill Valley, CA?
Because the average rent in Mill Valley is $3,021, you’ll want to make about $10,070 per month or $120,840 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.
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.
View the Mill Valley Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Corte Madera
Avg Rent: $2,955/month
-
Larkspur
Avg Rent: $3,938/month
-
Kentfield
Avg Rent: $1,928/month
-
Greenbrae
Avg Rent: $2,284/month
-
Sausalito
Avg Rent: $2,564/month
Apartment Communities in Mill Valley We Think You'll Love
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Frequently Asked Questions
What is the average rent in Mill Valley?
The average rent in Mill Valley is $3,021 per month, which is 81.6% higher than the national average of $1,664.
Are rents going up or down in Mill Valley?
Rents in Mill Valley, CA are increasing, with prices up 8.1% year-over-year and $246 more per month.
What rent range is most common in Mill Valley?
In Mill Valley, CA, 77% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 September 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.