Bay Vista at Meadow Park
5 Hutchins Way,
Novato, CA 94949
$2,936 - $3,376
2-3 Beds
Rental Market Trends in Novato, CA
What is the average rent in Novato, CA?
$2,187/month
Average Rent
659 Sq Ft
Average Apartment Size
-0.1%
Decrease in the Last Year
As of October 2025, the average rent in Novato, CA is $2,187 per month. This is 34% higher than the national average rent price of $1,630/month, making Novato one of the most expensive cities in the US. When you rent an apartment in Novato, you can expect to pay about $1,938 per month for a studio, $2,187 for a one-bedroom apartment, and around $2,730 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,104 or more.
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How much has average rent changed in Novato, CA?
In the past year, rent has decreased by 0.1%, which averages out to $2 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Novato?
Based on current rent prices, Downtown Novato is the most affordable neighborhood in Novato.
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Average Rent
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What are the most expensive neighborhoods in Novato?
Based on current rent prices, Downtown Novato is the most expensive neighborhood in Novato.
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Which Novato neighborhoods have the most rentals available?
The neighborhood in Novato with the most apartments available is Downtown Novato .
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What salary do I need to live comfortably in Novato, CA?
Because the average rent in Novato is $2,187, you’ll want to make about $7,290 per month or $87,480 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 Novato, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Novato, 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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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 September 2025.
* Percentages may not total 100 due to rounding.