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Rental Market Trends in Panorama City, CA

What is the average rent in Panorama City, CA?

$1,582/month

Average Rent

653 Sq Ft

Average Apartment Size

+1.2%

Increase in the Last Year

As of April 2026, the average rent in Panorama City, CA is $1,582 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Panorama City rent prices are 4% lower than the national average. When you rent an apartment in Panorama City, you can expect to pay about $1,466 per month for a studio, $1,582 for a one-bedroom apartment, and around $1,894 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,374 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,466/month
455 Sq Ft
One Bedroom
$1,582/month
653 Sq Ft
Two Bedroom
$1,894/month
843 Sq Ft
Three Bedroom
$2,374/month
1,076 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,786/month
502 Sq Ft
Three Bedroom
$3,904/month
1,463 Sq Ft
Four Bedroom
$4,346/month
1,972 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,857/month
545 Sq Ft
Two Bedroom
$2,490/month
1,035 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Panorama City, CA?

In the past year, rent has increased by 1.2%, which averages out to $19 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Panorama City, CA
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Panorama City, CA
Percentage*
Rent Range
2% Below $700/month
6% $700 - $1,000/month
35% $1,001 - $1,500/month
30% $1,501 - $2,000/month
27% Above $2,000/month

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

Because the average rent in Panorama City is $1,582, you’ll want to make about $5,273 per month or $63,276 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

Panorama City, CA

324 Available Apartments for Rent

Search for Nearby Apartments

How does Panorama City, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Panorama City, 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 Panorama City, CA

Apartment Averages

Nearby City Rent Trends

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Apartment communities in Panorama City we think you'll love

Cielo

Cielo

8525 Tobias Ave,
Panorama City, CA 91402

$1,805 - $2,828

Studio - 2 Beds

Panorama Tower

Panorama Tower

8155 Van Nuys Blvd,
Van Nuys, CA 91402

$1,850 - $2,200

Studio

15004 Nordhoff St

15004 Nordhoff St

15004 Nordhoff St,
North Hills, CA 91343

$3,000

2 Beds

Saticoy Gardens

Saticoy Gardens

14955 Saticoy St,
Van Nuys, CA 91405

$2,120 - $2,646

1-2 Beds

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United States California Panorama City 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 February 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity