1317 Punta Gorda Street
1317 Punta Gorda St,
Santa Barbara, CA 93103
Call for Rent
2 Beds
Rental Market Trends in Santa Barbara, CA
What is the average rent in Santa Barbara, CA?
$2,291/month
Average Rent
523 Sq Ft
Average Apartment Size
+1.3%
Increase in the Last Year
As of March 2026, the average rent in Santa Barbara, CA is $2,291 per month. This is 41% higher than the national average rent price of $1,626/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 $2,061 per month for a studio, $2,291 for a one-bedroom apartment, and around $3,402 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,412 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 Santa Barbara, CA?
In the past year, rent has increased by 1.3%, which averages out to $30 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 March 2026
Legend
2025
2026
Rent Ranges in Santa Barbara, CA
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
1%
$700 - $1,000/month
9%
$1,001 - $1,500/month
22%
$1,501 - $2,000/month
68%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What salary do I need to live comfortably in Santa Barbara, CA?
Because the average rent in Santa Barbara is $2,291, you’ll want to make about $7,636 per month or $91,632 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 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.
Studio
$2,140/month
$3,171/month
One Bedroom
$2,476/month
$2,296/month
Two Bedroom
$2,636/month
$3,232/month
Three Bedroom
$1,285/month
$2,771/month
Nearby City Rent Trends
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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.
* Percentages may not total 100 due to rounding.