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Rental Market Trends in Santa Cruz, CA

What is the average rent in Santa Cruz, CA?

$2,688/month

Average Rent

586 Sq Ft

Average Apartment Size

+0.5%

Increase in the Last Year

As of March 2026, the average rent in Santa Cruz, CA is $2,688 per month. This is 65% higher than the national average rent price of $1,627/month, making Santa Cruz one of the most expensive cities in the US. When you rent an apartment in Santa Cruz, you can expect to pay about $2,207 per month for a studio, $2,688 for a one-bedroom apartment, and around $3,641 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,600 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,207/month
361 Sq Ft
One Bedroom
$2,688/month
586 Sq Ft
Two Bedroom
$3,641/month
843 Sq Ft
Three Bedroom
$3,600/month
811 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,807/month
1,010 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 Cruz, CA?

In the past year, rent has increased by 0.5%, which averages out to $15 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
Market Trends Over Time
Rent Ranges in Santa Cruz, CA
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Santa Cruz, CA
Percentage*
Rent Range
0% Below $700/month
3% $700 - $1,000/month
14% $1,001 - $1,500/month
18% $1,501 - $2,000/month
66% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Santa Cruz?

Based on current rent prices, Eastside, Beach Hill and Central Santa Cruz are the most affordable neighborhoods in Santa Cruz.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Eastside
$3,098/month
618 Sq Ft
Beach Hill
$3,137/month
602 Sq Ft
Central Santa Cruz
$3,404/month
640 Sq Ft
Westside
$3,587/month
662 Sq Ft
Downtown Santa Cruz
$3,590/month
621 Sq Ft
Cedar Street Village
$3,688/month
629 Sq Ft
Pacific Avenue District
$3,709/month
631 Sq Ft
Wave Crest
$3,737/month
718 Sq Ft
Riverwalk
$3,809/month
622 Sq Ft
Front Street
$3,823/month
642 Sq Ft

What are the most expensive neighborhoods in Santa Cruz?

Based on current rent prices, Front Street, Riverwalk and Wave Crest are the most expensive neighborhoods in Santa Cruz.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Front Street
$3,823/month
642 Sq Ft
Riverwalk
$3,809/month
622 Sq Ft
Wave Crest
$3,737/month
718 Sq Ft
Pacific Avenue District
$3,709/month
631 Sq Ft
Cedar Street Village
$3,688/month
629 Sq Ft
Downtown Santa Cruz
$3,590/month
621 Sq Ft
Westside
$3,587/month
662 Sq Ft
Central Santa Cruz
$3,404/month
640 Sq Ft
Beach Hill
$3,137/month
602 Sq Ft
Eastside
$3,098/month
618 Sq Ft

Which Santa Cruz neighborhoods have the most rentals available?

The neighborhoods in Santa Cruz with the most apartments available are Westside, Downtown Santa Cruz and Cedar Street Village .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Westside
$3,587/month
662 Sq Ft
Downtown Santa Cruz
$3,590/month
621 Sq Ft
Cedar Street Village
$3,688/month
629 Sq Ft
Pacific Avenue District
$3,709/month
631 Sq Ft
Front Street
$3,823/month
642 Sq Ft
Riverwalk
$3,809/month
622 Sq Ft
Wave Crest
$3,737/month
718 Sq Ft
Central Santa Cruz
$3,404/month
640 Sq Ft
Eastside
$3,098/month
618 Sq Ft
Beach Hill
$3,137/month
602 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Santa Cruz is $2,688, you’ll want to make about $8,960 per month or $107,520 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 Cruz, CA

296 Available Apartments for Rent

Search for Nearby Apartments

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

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

Apartment Averages

Eastside

Santa Cruz, CA

Front Street

Santa Cruz, CA

Studio
$2,072/month
-
One Bedroom
$2,319/month
-
Two Bedroom
$3,071/month
-
Three Bedroom
$3,411/month
-
Search
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Nearby City Rent Trends

  • Capitola Average Rent
  • Aptos Average Rent

Apartment communities in Santa Cruz we think you'll love

Hidden Creek Apartments

Hidden Creek Apartments

200 Button St,
Santa Cruz, CA 95060

$2,950 - $3,955

1-2 Beds

The Hilltop

The Hilltop

363 Western Dr,
Santa Cruz, CA 95060

$3,545 - $4,595 Total Monthly Price

1-2 Beds

St. George Apartments

St. George Apartments

833 Front St,
Santa Cruz, CA 95060

$2,200

Studio

River Row

River Row

414 Front St,
Santa Cruz, CA 95060

$3,150 - $7,500

Studio - 2 Beds

Property Management Companies in Santa Cruz, CA

Greystar
Greystar
  • 3,487

    Communities

  • 959,002

    Units

  • 894

    Cities

2 Communities in Santa Cruz
Woodmont Real Estate Services
Woodmont Real Estate Services
  • 66

    Communities

  • 10,631

    Units

  • 32

    Cities

2 Communities in Santa Cruz
Bozzuto
Bozzuto
  • 390

    Communities

  • 119,597

    Units

  • 158

    Cities

1 Community in Santa Cruz
The REMM Group
The REMM Group
  • 43

    Communities

  • 5,021

    Units

  • 31

    Cities

1 Community in Santa Cruz

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United States California Santa Cruz 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity