Average Rent in Malibu, CA

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Current Versus Historical Malibu, CA Rents

Malibu rentals average $1,895 for a studio rental to $40,000 for a 4-bedroom rental. The median price of all currently available listings is $20,000, or roughly $9 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $3,770 (-66.55%) year-over-year from $5,665 to $1,895. 1-bedroom rentals prices have increased by $667 (12.50%) year-over-year from $5,333 to $6,000. 2-bedroom rentals prices have increased by $801 (11.36%) year-over-year from $7,049 to $7,850. 3-bedroom rentals prices have increased by $9,767 (111.83%) year-over-year from $8,733 to $18,500. 4-bedroom rentals prices have increased by $20,350 (103.56%) year-over-year from $19,650 to $40,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 11.46% this month. 2-bedroom rents have gone up by 13.09% this month. 3-bedroom rents have gone up by 18.72% this month. 4-bedroom rents have gone down by 7.33% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $1,895 $5,665 (-66.55%) $2,512 (-24.55%)
1 BR $10.00 $6,000 $5,333 (12.50%) $5,807 (3.32%)
2 BR $6.37 $7,850 $7,049 (11.36%) $8,240 (-4.73%)
3 BR $8.62 $18,500 $8,733 (111.83%) $16,653 (11.09%)
4+ BR $10.00 $40,000 $19,650 (103.56%) $32,833 (21.83%)

Historical Rents in Malibu, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Malibu

There are a total of 5 cities nearby Malibu. The average rent in Malibu is currently $4,850 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Inglewood, CA, with an average rent of $2,875, is the most affordable city nearby. In contrast, the most expensive city near Malibu, CA is Beverly Hills, CA. Monthly rents here are on average $12,000 per month.

Let's compare Malibu, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Malibu, CA is 29.26% more affordable than other cities nearby. One bedrooms are about 46.45% more expensive. Two bedrooms in Malibu, CA are about 41.30% more expensive. Finally, rent for three bedrooms are about 62.16% more expensive. Want more information? Check out the top 5 cities near Malibu, CA in the following chart.
City Studio 1 Bed 2 Bed All
Inglewood, CA $1,875 $2,125 $2,900 $2,875
Los Angeles, CA $2,065 $2,666 $3,850 $4,500
Santa Monica, CA $3,160 $3,399 $4,975 $4,850
West Hollywood, CA $3,125 $3,550 $5,200 $5,000
Beverly Hills, CA $2,450 $3,750 $6,300 $12,000

Top Neighborhoods Near Malibu

There are a total of 20 neighborhoods in or near Malibu. Some of these neighborhoods include Wilshire Center - Koreatown, Congress North, and Mar Vista. We've included all of these top 20 neighborhoods in or near Malibu, CA in the following chart.

The average rent for these 20 neighborhoods in or near Malibu, CA is currently around $4,951 per month. A total of 20 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Malibu, Wilshire Center - Koreatown has the most affordable average rent at $2,528 per month. Whereas, at $19,950 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Malibu. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Wilshire Center - Koreatown, Los Angeles, CA $1,964 $2,468 $3,200 $2,528
Congress North, Los Angeles, CA N/A $1,900 $2,610 $2,995
Mar Vista, Los Angeles, CA $2,598 $2,535 $4,600 $3,995
Westchester-Playa Del Rey, Los Angeles, CA $2,342 $2,727 $3,772 $4,050
Greater Wilshire, Los Angeles, CA N/A $2,675 $3,823 $4,085
PICO, Los Angeles, CA N/A $2,500 $3,500 $4,200
Central Hollywood, Los Angeles, CA N/A $3,588 $4,750 $4,323
West Los Angeles, Los Angeles, CA $2,095 $3,123 $3,695 $4,400
Marina del Rey, Los Angeles, CA $2,400 $3,050 $4,800 $4,496
South Robertson, Los Angeles, CA N/A $2,598 $3,773 $4,500
Westwood, Los Angeles, CA $2,095 $3,900 $4,500 $5,401
Mid-City West, Los Angeles, CA $2,623 $3,200 $4,357 $5,473
Westside, Los Angeles, CA $2,575 $9,900 $5,373 $5,998
Brentwood, Los Angeles, CA N/A $3,273 $4,600 $7,350
Hollywood Hills West, Los Angeles, CA $1,901 $2,923 $4,249 $7,495
Venice, Los Angeles, CA $3,375 $4,275 $6,750 $7,850
North of Montana, Santa Monica, CA $4,100 $4,700 $8,248 $8,750
Hollywood United, Los Angeles, CA N/A $3,100 $6,500 $8,995
Pacific Palisades, Los Angeles, CA N/A $2,900 $6,288 $16,250
Bel Air-Beverly Crest, Los Angeles, CA $2,313 $3,623 $9,750 $19,950

Top Counties Near Malibu

There are a total of 20 counties located by Malibu, CA.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Malibu

There are a total of 6 zipcodes in or near Malibu, CA. The average rent for all of these zipcodes is $4,798. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90045, Los Angeles, CA at $3,432 per month. In comparison, the zipcode with the most expensive average rent of $8,250 per month is 91604, Los Angeles, CA.

Studios in these zipcodes have an average rent of $2,447. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Malibu, CA is $2,848 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,232 per month. Which comes out to $4 per sqft. The following chart includes the top 6 zipcodes in Malibu, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
90049, Los Angeles, CA $1,899 $3,273 $4,790 $7,295
90036, Los Angeles, CA $2,650 $2,795 $4,116 $4,157
90024, Los Angeles, CA $2,490 $3,900 $4,395 $5,295
90034, Los Angeles, CA $2,645 $2,600 $4,348 $4,300
90045, Los Angeles, CA $2,403 $2,654 $3,442 $3,432
91604, Los Angeles, CA N/A $2,900 $3,800 $8,250

Frequently Asked Questions - Malibu Average Rents

What is the average rent price in Malibu, CA?
The average monthly rental price for Malibu, CA apartments for rent is approximately $20,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Malibu, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Malibu, CA.
How much is a studio apartment in Malibu, CA?
The average monthly rental price for studio apartments is $1,895 and an average price per square feet of $0. There are a total of 3 studio apartment listings currently available for rent in Malibu.
How much is a one bedroom apartment in Malibu, CA?
The average monthly rental price for one bedroom apartments is $6,348 and an average price per square feet of $10.00. There are a total of 20 one bedroom apartment listings currently available for rent in Malibu.
How much is a two bedroom apartment in Malibu, CA?
The average monthly rental price for two bedroom apartments is $8,475 and an average price per square feet of $6.37. There are a total of 46 two bedroom apartment listings currently available for rent in Malibu.
How have rent prices in Malibu, CA changed this year?
Rent prices for rentals in Malibu, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.67%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 1.12% year-over-year.
What is a reasonable rent price in Malibu, CA?
A reasonable rent price in Malibu, CA is around $16,000/month. You can search for these reasonably priced rental listings on RentHop.
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