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Rental Market Trends in Novato, CA

Updated September 2026

The average rent in Novato, CA is $2,223/month.

Rent in Novato is 34% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$2,223/month

Average Rent

659 Sq Ft

Average Size

+1.7%

Change / Year

48

Available Apartments

Novato rent varies by unit size and layout:

  • Studio apartments in Novato average $1,957 per month.
  • One-bedroom apartments in Novato average $2,223 per month.
  • Two-bedroom apartments in Novato average $2,763 per month.
  • Three-bedroom apartments in Novato average $3,313 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,957/month
484 Sq Ft
One Bedroom
$2,223/month
659 Sq Ft
Two Bedroom
$2,763/month
946 Sq Ft
Three Bedroom
$3,313/month
1,193 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Four Bedroom
$6,340/month
2,447 Sq Ft
View Novato Apartments

How much has average rent changed in Novato, CA?

In the past year, rent has increased by 1.7%, which averages out to $38 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Novato, CA

September 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 $2,223, you’ll want to make about $7,410 per month or $88,920 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.

City

Novato, CA

48 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.

View the Novato Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Fairfax

    Fairfax

    Avg Rent: $1,790/month

  • San Anselmo

    San Anselmo

    Avg Rent: $1,991/month

  • San Rafael

    San Rafael

    Avg Rent: $2,228/month

  • Kentfield

    Kentfield

    Avg Rent: $1,928/month

  • Greenbrae

    Greenbrae

    Avg Rent: $2,284/month

  • Larkspur

    Larkspur

    Avg Rent: $3,937/month

Apartment Communities in Novato We Think You'll Love

Bridgecreek

Bridgecreek

1599 S Novato Blvd,
Novato, CA 94947

2 Beds | $2,783 - $3,233

Crooked Oak at Loma Verde Preserve Apartment Homes

Crooked Oak at Loma Verde Preserve Apartment Homes

100-140 Cielo Ln,
Novato, CA 94949

1-2 Beds | $2,755 - $3,330

La Casa Novato

La Casa Novato

450 Entrada Dr,
Novato, CA 94949

2 Beds | $2,800

OTAVON APARTMENTS

OTAVON APARTMENTS

1515 S Novato Blvd,
Novato, CA 94947

1-2 Beds | $2,240 - $2,350

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Frequently Asked Questions

What is the average rent in Novato?

The average rent in Novato is $2,223 per month, which is 33.5% higher than the national average of $1,665.

Are rents going up or down in Novato?

Rents in Novato, CA are increasing, with prices up 1.7% year-over-year and $38 more per month.

What rent range is most common in Novato?

In Novato, CA, 68% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 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.

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Equal Housing Opportunity