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Rental Market Trends in Santa Barbara, CA

What is the average rent in Santa Barbara, CA?

$2,239/month

Average Rent

525 Sq Ft

Average Apartment Size

+1.9%

Increase in the Last Year

As of June 2025, the average rent in Santa Barbara, CA is $2,239 per month. This is 38% higher than the national average rent price of $1,628/month, making Santa Barbara one of the most expensive cities in the US. When you rent an apartment in Santa Barbara, you can expect to pay about $2,137 per month for a studio, $2,239 for a one-bedroom apartment, and around $3,284 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,261 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,137/month
388 Sq Ft
One Bedroom
$2,239/month
525 Sq Ft
Two Bedroom
$3,284/month
830 Sq Ft
Three Bedroom
$4,261/month
1,196 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$5,620/month
902 Sq Ft
Two Bedroom
$5,756/month
898 Sq Ft
Three Bedroom
$10,226/month
1,356 Sq Ft
Four Bedroom
$34,564/month
3,587 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$5,487/month
678 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Santa Barbara, CA?

In the past year, rent has increased by 1.9%, which averages out to $42 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 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Santa Barbara, CA
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Santa Barbara, CA
Percentage*
Rent Range
0% Below $700/month
1% $700 - $1,000/month
10% $1,001 - $1,500/month
25% $1,501 - $2,000/month
65% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Santa Barbara?

Based on current rent prices, Alta Mesa is the most affordable neighborhood in Santa Barbara.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Alta Mesa
$1,659/month
671 Sq Ft

What are the most expensive neighborhoods in Santa Barbara?

Based on current rent prices, Alta Mesa is the most expensive neighborhood in Santa Barbara.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Alta Mesa
$1,659/month
671 Sq Ft

Which Santa Barbara neighborhoods have the most rentals available?

The neighborhood in Santa Barbara with the most apartments available is Alta Mesa .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Alta Mesa
$1,659/month
671 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Santa Barbara is $2,239, you’ll want to make about $7,463 per month or $89,556 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

Santa Barbara, CA

334 Available Apartments for Rent

Search for Nearby Apartments

How does Santa Barbara, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Santa Barbara, 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 Santa Barbara, CA

Apartment Averages

Alta Mesa

Santa Barbara, CA

Alta Mesa

Santa Barbara, CA

Studio
$2,091/month
$2,091/month
One Bedroom
$2,249/month
$2,249/month
Two Bedroom
$2,588/month
$2,588/month
Three Bedroom
$1,292/month
$1,292/month
Search
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Nearby City Rent Trends

  • Isla Vista Average Rent
  • Goleta Average Rent
  • Carpinteria Average Rent

Apartment communities in Santa Barbara we think you'll love

611 Del La Guerra St W

611 Del La Guerra St W

611 Del La Guerra St W,
Santa Barbara, CA 93101

1 Bed | $1,700

825 De la Vina St

825 De la Vina St

825 De la Vina St,
Santa Barbara, CA 93101

Studio - 2 Beds | $3,800 - $7,500

Hollister Village

Hollister Village

100 Baldwin Dr,
Goleta, CA 93117

Studio - 3 Beds | $3,034 - $6,514

609 W Junipero St

609 W Junipero St

609 W Junipero St,
Santa Barbara, CA 93105

2 Beds | $3,995 - $4,875

Property Management Companies in Santa Barbara, CA

Ventura Investment Co.
Ventura Investment Co.
  • 15

    Communities

  • 630

    Units

  • 8

    Cities

5 Communities in Santa Barbara
The Towbes Group, Inc.
The Towbes Group, Inc.
  • 12

    Communities

  • 2,285

    Units

  • 5

    Cities

5 Communities in Santa Barbara
Greystar
Greystar
  • 3,263

    Communities

  • 906,534

    Units

  • 842

    Cities

2 Communities in Santa Barbara
Red Tail Residential
Red Tail Residential
  • 51

    Communities

  • 6,622

    Units

  • 39

    Cities

2 Communities in Santa Barbara

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United States California Santa Barbara 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity