Average Rent in Malibu, CA

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Current Versus Historical Malibu, CA Rents

Malibu rentals average $1,995 for a studio rental to $45,000 for a 4-bedroom rental. The median price of all currently available listings is $29,750, or roughly $10 per square feet.
For the apartment units and housing in June 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $1,699 (32.36%) year-over-year from $5,249 to $6,948. 1-bedroom rentals prices have increased by $223 (3.66%) year-over-year from $6,075 to $6,298. 2-bedroom rentals prices have increased by $800 (13.01%) year-over-year from $6,150 to $6,950. 3-bedroom rentals prices have increased by $9,084 (83.21%) year-over-year from $10,916 to $20,000. 4-bedroom rentals prices have decreased by $14,500 (-29.90%) year-over-year from $48,500 to $34,000. 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 32.65% this month. 1-bedroom rents have gone up by 7.39% this month. 2-bedroom rents have gone down by 8.95% this month. 3-bedroom rents have gone up by 13.85% this month. 4-bedroom rents have gone down by 16.22% this month.
Beds
Price / Sqft
Jun 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $6,948 $5,249 (32.36%) $3,679 (88.83%)
1 BR $13.84 $6,298 $6,075 (3.66%) $5,015 (25.57%)
2 BR $5.79 $6,950 $6,150 (13.01%) $5,633 (23.37%)
3 BR $8.42 $20,000 $10,916 (83.21%) $10,998 (81.85%)
4+ BR $11.21 $34,000 $48,500 (-29.90%) $23,333 (45.71%)

Historical Rents in Malibu, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Malibu

There are a total of 4 cities nearby Malibu. The average rent in Malibu is currently $6,053 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Los Angeles, CA, with an average rent of $4,750, 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 $12,500 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 26.50% more affordable than other cities nearby. One bedrooms are about 53.11% more expensive. Two bedrooms in Malibu, CA are about 15.89% more expensive. Finally, rent for three bedrooms are about 61.63% more expensive. Want more information? Check out the top 4 cities near Malibu, CA in the following chart.
City Studio 1 Bed 2 Bed All
Los Angeles, CA $2,225 $2,839 $3,995 $4,750
Santa Monica, CA $2,600 $3,400 $6,423 $5,900
West Hollywood, CA $5,100 $4,132 $5,825 $6,205
Beverly Hills, CA $2,448 $3,773 $5,950 $12,500

Top Neighborhoods Near Malibu

There are a total of 9 neighborhoods in or near Malibu. Some of these neighborhoods include Wilshire Center - Koreatown, Westchester-Playa Del Rey, and Marina del Rey. We've included all of these top 9 neighborhoods in or near Malibu, CA in the following chart.

The average rent for these 9 neighborhoods in or near Malibu, CA is currently around $5,695 per month. A total of 9 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 $2,669 per month. Whereas, at $20,000 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 $2,170 $2,650 $3,432 $2,669
Westchester-Playa Del Rey, Los Angeles, CA $2,460 $2,854 $3,889 $3,892
Marina del Rey, Los Angeles, CA N/A $3,014 $4,212 $3,950
Venice, Los Angeles, CA $2,276 $3,387 $3,972 $4,107
Westwood, Los Angeles, CA $3,195 $4,195 $5,375 $5,695
Mid-City West, Los Angeles, CA $2,695 $3,442 $5,500 $6,011
Hollywood Hills West, Los Angeles, CA $1,979 $2,236 $4,155 $7,748
Brentwood, Los Angeles, CA $3,248 $2,798 $4,875 $8,725
Bel Air-Beverly Crest, Los Angeles, CA N/A $4,500 $9,748 $20,000

Top Counties Near Malibu

There are a total of 9 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 11 zipcodes in or near Malibu, CA. The average rent for all of these zipcodes is $7,998. A total of 11 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90005, Los Angeles, CA at $2,760 per month. In comparison, the zipcode with the most expensive average rent of $28,250 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $2,264. 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 $3,773 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,475 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Malibu, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
90265, Los Angeles County, CA $1,995 $7,150 $7,998 $25,000
90069, Los Angeles, CA $5,200 $4,840 $6,800 $8,500
90046, Los Angeles, CA $1,980 $2,395 $5,800 $7,998
90292, Marina del Rey, CA $2,264 $3,001 $3,967 $3,746
90291, Los Angeles, CA $2,850 $5,650 $4,550 $6,448
90210, Los Angeles, CA N/A $12,800 $16,925 $28,250
90048, Los Angeles, CA $2,745 $3,773 $4,673 $6,021
90049, Los Angeles, CA $3,248 $2,798 $4,875 $8,950
90024, Los Angeles, CA $3,195 $4,195 $5,475 $5,795
90005, Los Angeles, CA $2,224 $2,743 $4,838 $2,760

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 $29,750. 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 $1,995 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 $7,648 and an average price per square feet of $13.84. There are a total of 4 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 $7,000 and an average price per square feet of $5.79. There are a total of 15 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 0.32%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.13%, and three bedroom rental prices have changed by 0.83% year-over-year.
What is a reasonable rent price in Malibu, CA?
A reasonable rent price in Malibu, CA is around $23,800/month. You can search for these reasonably priced rental listings on RentHop.
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