Fresno, CA Rental Market Trends

Highlights

The average rent for an apartment in Fresno is $1,108, a 6% increase compared to the previous year.

Average Rent in Fresno, CA

Last updated October 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,108 6% 895 sq. ft.

The average size for a Fresno, CA apartment is 895 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Fresno, CA Apartment Rent Ranges

  • $501-$7004%
  • $701-$1,00039%
  • $1,001-$1,50049%
  • $1,501-$2,0007%
  • > $2,0001%

Fresno, CA Occupied Housing Units

  • Renter-occupied Households30%
  • Owner-occupied Households69%

50,498 or 30% of the households in Fresno, CA are renter-occupied while 114,609 or 69% are owner-occupied.

Fresno, CA Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019
Fresno, CA $927 $940 $965 $985 $992 $1,026 $1,049 $1,060 $1,088 $1,108
National $1,353 $1,349 $1,381 $1,383 $1,386 $1,421 $1,430 $1,434 $1,470 $1,476
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Average Rent in Fresno, CA By Neighborhood

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The most affordable neighborhoods in Fresno are Yosemite, where the average rent goes for $858/month, Alta Vista, where renters pay $897/mo on average, and Hazelwood, where the average rent goes for $897/mo. If you’re looking for other great deals, check out the listings from Pinedale ($899), Holt ($914), and Jane Addams ($914), where the asking prices are below the average Fresno rent of $1,108/mo.

The most expensive neighborhoods in Fresno are Bella Montagna ($1,918), North Growth Area ($1,918) and Woodward Lake ($1,918).

Fresno | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Alta Vista is 4% lower than in Applegate

$897

Alta Vista rent is 19% lower than Fresno average

Average Rent $897
$936

Applegate rent is 16% lower than Fresno average

Average Rent $936

How Does Fresno Compare to Nearby Cities

Average Rent Y-o-Y Change
Fresno $1,108 6%
Clovis $1,136 5%
Parlier $763 3%
Mayfair $846 7%
Old Fig Garden $956 7%
Bowles $961 14%
Calwa $961 14%

For more information about the Fresno rental trends, check out our monthly rent report

Cheapest Listings on RENTCafé

Most Expensive Listings on RENTCafé

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Fresno apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.

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