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  1. Home
  2. California
  3. Fresno
  4. Renter Market Trends

Rental market trends in Fresno, CA

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Average Rent in Fresno, CA

Average Rent in Fresno, CA

Avg. RentAnnual Change
Studio - $1,295+16%
1 Bed - $1,4820%
2 Beds - $1,686+1%
Last updated 9/27/2023

Average Apartment Cost in Fresno, CA

The average rent for apartments in Fresno, CA, is between $1,295 and $1,686 in 2023. For a studio apartment in Fresno, CA, the average rent is $1,295. When it comes to 1-bedroom apartments, the average rent in Fresno, CA, is $1,482. For a 2-bedroom apartment, the average rent is $1,686.

Apartment Rent Ranges in Fresno, CA

Apartment PricesProportion
$501-$700
0%
$701-$1,000
4%
$1,001-$1,500
21%
$1,501-$2,100
23%
$2,101+
51%

Neighborhood Apartment Rent Trends in Fresno, CA

NeighborhoodStudio Avg RentAnnual Change
Woodward Park$2,040-6%
Hoover$1,295+18%
Central Fresno$700--
Neighborhood1 Bed Avg RentAnnual Change
Woodward Park$1,670+8%
Sierra Sky Park$1,600+14%
Bullard$1,500+7%
Fig Garden Loop$1,480-4%
Sunnyside$1,457+10%
Roosevelt$1,421-4%
Hoover$1,354+9%
West Fresno$1,3000%
McLane$1,125--
Fig Garden$1,1110%
Fresno High-Roeding$949--
Central Fresno$700--
Neighborhood2 Beds Avg RentAnnual Change
Fig Garden$1,900+27%
Central Fresno$1,895+15%
Woodward Park$1,842-1%
Tower District$1,795--
Fig Garden Loop$1,765-1%
Bullard$1,675+7%
Hoover$1,650+10%
Sunnyside$1,595+6%
Sierra Sky Park$1,537+2%
Roosevelt$1,477-10%
West Fresno$1,4250%
McLane$1,250-7%
Fresno High-Roeding$1,200--

How Other Cities Compare to Fresno, CA

City1 Bed Avg RentAnnual Change
Hanford$2,093+10%
Visalia$1,814+19%
Reedley$1,481--
Clovis$1,451+2%
Lemoore$1,335--
City2 Beds Avg RentAnnual Change
Hanford$2,160+10%
Chowchilla$1,900--
Clovis$1,700+2%
Tulare$1,7000%
Madera$1,695--
Visalia$1,650-27%
Lemoore$1,365--

Fresno, CA Rent Trends

Studio1 Bed2 Beds
Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023
$1115$1100$1100$1100$1100$1100$1295$1295$1295$1295$1295$1295$1295
$1670$1677$1690$1702$1660$1676$1692$1707$1717$1697$1707$1664$1711
$2047$1980$1993$2095$2115$2076$2024$2024$2074$2122$2127$2122$2122

Neighborhood Information for Fresno, CA

What are the most affordable neighborhoods in Fresno, CA?

The most affordable neighborhoods in Fresno are Central Fresno, where the average 1-bedroom apartment rent goes for $700, Fresno High-Roeding, where renters pay $949 on average for a 1-bedroom apartment, and Fig Garden, where the average 1-bedroom apartment rent goes for $1,111. If you're looking for other great deals, check out the listings in McLane ($1,125 for a 1-bedroom apartment) or West Fresno ($1,300 for a 1-bedroom apartment), compared to the $1,482 average for a Fresno 1-bedroom apartment.

What are the most expensive neighborhoods in Fresno, CA?

The most expensive neighborhoods in Fresno are Woodward Park, where the average 1-bedroom apartment rent goes for $1,670, Sierra Sky Park, where renters pay $1,600 on average for a 1-bedroom apartment, and Bullard, where the average 1-bedroom apartment rent goes for $1,500. If you're looking for other premium neighborhoods, check out the listings in Fig Garden Loop ($1,480 for a 1-bedroom apartment) or Sunnyside ($1,457 for a 1-bedroom apartment), compared to the $1,482 average for a Fresno 1-bedroom apartment.

What are the most popular neighborhoods in Fresno, CA?

The most popular neighborhoods in Fresno are Hoover, where the average 1-bedroom apartment rent goes for $1,354, Fig Garden, where renters pay $1,111 on average for a 1-bedroom apartment, and McLane, where the average 1-bedroom apartment rent goes for $1,125. If you're looking for other popular neighborhoods, check out the listings in Fresno High-Roeding ($949 for a 1-bedroom apartment) or Woodward Park ($1,670 for a 1-bedroom apartment), compared to the $1,482 average for a Fresno 1-bedroom apartment.

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