Cielo
8525 Tobias Ave,
Panorama City, CA 91402
Studio - 2 Beds | $1,790 - $2,763
Rental Market Trends in Panorama City, CA
Updated July 2026
The average rent in Panorama City, CA is $1,585/month.
Rent in Panorama City is roughly equal to the national average rent of of $1,663/month.
$1,585/month
Average Rent
656 Sq Ft
Average Size
-0.8%
Change / Year
372
Available Apartments
Panorama City rent varies by unit size and layout:
- Studio apartments in Panorama City average $1,465 per month.
- One-bedroom apartments in Panorama City average $1,585 per month.
- Two-bedroom apartments in Panorama City average $1,900 per month.
- Three-bedroom apartments in Panorama City average $2,383 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Panorama City, CA?
In the past year, rent has decreased by 0.8%, which averages out to $13 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Panorama City, CA
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
6%
$700 - $1,000/month
35%
$1,001 - $1,500/month
28%
$1,501 - $2,000/month
28%
Above $2,000/month
What salary do I need to live comfortably in Panorama City, CA?
Because the average rent in Panorama City is $1,585, you’ll want to make about $5,283 per month or $63,396 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 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.
View the Panorama City Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Panorama City?
The average rent in Panorama City is $1,585 per month, which is 4.7% lower than the national average of $1,663.
What is the average rent for a house in Panorama City?
The average rent for a house in Panorama City, CA is $3,921 per month.
What is the average rent for a condo in Panorama City?
The average rent for a condo in Panorama City, CA is $1,877 per month.
Are rents going up or down in Panorama City?
Rents in Panorama City, CA are decreasing, with prices down 0.8% year-over-year and $13 less per month.
What rent range is most common in Panorama City?
In Panorama City, CA, 35% of apartments fall between $1,001 - $1,500/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 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.