Mill Valley, CA Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Mill Valley is $3,537, a 1.94% decrease compared to the previous year, when the average rent was $3,607.
Studio Apartments at $2,614 offer the most budget-friendly option with 518 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 762 square feet for $3,088, balancing privacy and affordability.
Two-beedroom units at $4,196 offer 1,168 square feet, perfect for roommates or small families.
Average rent in Mill Valley, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,537 | 908 sq. ft. |
| Studio | $2,614 | 518 sq. ft. |
| 1 Bed | $3,088 | 762 sq. ft. |
| 2 Beds | $4,196 | 1,168 sq. ft. |
| 3 Beds | n/a | n/a |
Mill Valley, CA rent trends
Rental prices in Mill Valley, CA have decreased by 1.94% over the past year. The average rent moved from $3,607 to $3,537.
What's the typical rent budget in Mill Valley, CA?
The largest share of rentals in Mill Valley, CA (59%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Mill Valley, CA?
1,869 or 34% of the households in Mill Valley, CA are renter-occupied while 3,649 or 66% are owner-occupied.
How Mill Valley Compares to Other Cities
| City | Average Rent |
|---|---|
| Mill Valley | $3,537 |
| Los Angeles | $2,765 |
| East Bay | $2,670 |
| San Francisco | $3,598 |
| San Diego | $2,968 |
| Oakland | $2,635 |
| Long Beach | $2,670 |
| Sacramento | $1,906 |
| San Jose | $3,134 |
| Fresno | $1,622 |
| Tulare | $1,693 |
| Vallejo | $2,118 |
| Berkeley, CA | $3,340 |
| San Rafael, CA | $2,983 |
| Novato, CA | $2,750 |
| Alameda, CA | $2,984 |
| Richmond, CA | $2,564 |
| South San Francisco, CA | $3,426 |
| Emeryville, CA | $3,060 |
| Daly City, CA | $2,583 |
| Martinez, CA | $2,312 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Mill Valley apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.