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Rental Market Trends in Novato, CA

What is the average rent in Novato, CA?

$2,192/month

Average Rent

660 Sq Ft

Average Apartment Size

+0.5%

Increase in the Last Year

Novato, CA Rental Market Overview

The average rent in Novato, CA is $2,192 per month. This is 33% higher than the national average rent price of $1,644/month, making Novato one of the most expensive cities in the US.

  • Studio apartments in Novato average $1,948 per month.
  • One-bedroom apartments in Novato average $2,192 per month.
  • Two-bedroom apartments in Novato average $2,762 per month.
  • Three-bedroom apartments in Novato average $3,174 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,948/month
484 Sq Ft
One Bedroom
$2,192/month
660 Sq Ft
Two Bedroom
$2,762/month
947 Sq Ft
Three Bedroom
$3,174/month
1,193 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$5,040/month
1,521 Sq Ft
Four Bedroom
$6,039/month
2,116 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 Novato, CA?

In the past year, rent has increased by 0.5%, which averages out to $12 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
Market Trends Over Time
Rent Ranges in Novato, CA
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Novato, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
15% $1,001 - $1,500/month
18% $1,501 - $2,000/month
68% Above $2,000/month

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

Because the average rent in Novato is $2,192, you’ll want to make about $7,306 per month or $87,672 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

Novato, CA

64 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Novato, CA

Apartment Averages

Nearby City Rent Trends

  • San Rafael Average Rent

Apartment communities in Novato we think you'll love

Bridgecreek

Bridgecreek

1599 S Novato Blvd,
Novato, CA 94947

$2,749 - $3,199

2 Beds

La Casa Novato

La Casa Novato

450 Entrada Dr,
Novato, CA 94949

$2,850 - $2,900

2 Beds

1221 Vallejo Apartments

1221 Vallejo Apartments

1221 Vallejo Ave,
Novato, CA 94945

$2,125 - $2,700

1-2 Beds

Villas at Hamilton

Villas at Hamilton

410 S Palm Dr,
Novato, CA 94949

$1,848 - $2,506

Studio - 2 Beds

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United States California Novato 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 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.

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Equal Housing Opportunity