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Rental Costs for Gen X: A Breakdown of Prices in 16 California Cities

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California Rent Prices: A Financial Guide for Generation X

Generation X members seeking to spend a year in California should start saving, especially if their income falls below the median salary. The state’s rental costs could be quite surprising.

GOBankingRates recently studied rental prices in major U.S. cities, highlighting that California lacks any cities in the cheapest 40 for rent. Out of 16 California cities reviewed, only five have average monthly rents below $2,000. Nonetheless, median incomes generally make these rents manageable.

Cost of Living by City: California’s Average Rent Rankings

Here are the average monthly rents from most to least expensive across California’s 16 cities.

Red rooftops in Irvine, CA.

1. Irvine

  • Average monthly rent: $2,986
  • 1 bedroom average rent: $2,534
  • 2 bedroom average rent: $3,106
  • Total cost of living (monthly): $5,090
  • Median household income: $122,948

Explore More: America’s 50 Fastest-Growing Suburbs With Home Values Under $500,000

San Jose is the economic, cultural and political center of Silicon Valley.

2. San Jose

  • Average monthly rent: $2,679
  • 1 bedroom average rent: $2,331
  • 2 bedroom average rent: $2,766
  • Total cost of living (monthly): $5,117
  • Median household income: $136,010

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Aerial view of a residential neighborhood in Fremont, California.

3. Fremont

  • Average monthly rent: $2,626
  • 1 bedroom average rent: $2,183
  • 2 bedroom average rent: $2,645
  • Total cost of living (monthly): $4,955
  • Median household income: $169,023

Cable Car on California Street in San Francisco.

4. San Francisco

  • Average monthly rent: $2,620
  • 1 bedroom average rent: $2,645
  • 2 bedroom average rent: $3,135
  • Total cost of living (monthly): $5,157
  • Median household income: $136,689

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Aerial view of suburbia in Southern California.

5. Santa Clarita

  • Average monthly rent: $2,470
  • 1 bedroom average rent: $2,007
  • 2 bedroom average rent: $2,442
  • Total cost of living (monthly): $4,637
  • Median household income: $116,186

Chula Vista, California.

6. Chula Vista

  • Average monthly rent: $2,360
  • 1 bedroom average rent: $1,734
  • 2 bedroom average rent: $2,269
  • Total cost of living (monthly): $4,567
  • Median household income: $101,984

Read Next: 5 Cities Where Homes Will Be a Total Steal In Two Years

Harbor view of downtown San Diego.

7. San Diego

  • Average monthly rent: $2,274
  • 1 bedroom average rent: $1,938
  • 2 bedroom average rent: $2,429
  • Total cost of living (monthly): $4,445
  • Median household income: $98,657

Anaheim, California skyline.

8. Anaheim

  • Average monthly rent: $2,271
  • 1 bedroom average rent: $1,948
  • 2 bedroom average rent: $2,404
  • Total cost of living (monthly): $4,397
  • Median household income: $88,538

Discover More: 5 Worst Florida Cities To Buy Property in the Next 5 Years, According to Real Estate Agents

Rent Prices and Living Costs in California’s Major Cities

9. Santa Ana: A Breakdown of Living Expenses

  • Average monthly rent: $2,215
  • 1 bedroom average rent: $1,942
  • 2 bedroom average rent: $2,290
  • Total cost of living (monthly): $4,309
  • Median household income: $84,210

10. Los Angeles: Major City, Major Costs

  • Average monthly rent: $2,067
  • 1 bedroom average rent: $1,849
  • 2 bedroom average rent: $2,357
  • Total cost of living (monthly): $4,426
  • Median household income: $76,244

Interesting Note: $50K Savings Needed to Buy a Home in 13 Affordable Markets

11. Oakland: Keeping Up with the Bay Area

  • Average monthly rent: $2,021
  • 1 bedroom average rent: $1,850
  • 2 bedroom average rent: $2,220
  • Total cost of living (monthly): $4,324
  • Median household income: $94,389

12. Moreno Valley: Rising Costs and Income

  • Average monthly rent: $1,897
  • 1 bedroom average rent: $1,568
  • 2 bedroom average rent: $1,784
  • Total cost of living (monthly): $4,187
  • Median household income: $82,637

Next Up: 8 Locations Where Home Prices Are Dropping

13. Riverside: Scenic Views and Living Costs

  • Average monthly rent: $1,783
  • 1 bedroom average rent: $1,478
  • 2 bedroom average rent: $1,776
  • Total cost of living (monthly): $4,029
  • Median household income: $83,448

14. Long Beach: Coastal Living and Financials

  • Average monthly rent: $1,737
  • 1 bedroom average rent: $1,552
  • 2 bedroom average rent: $1,901
  • Total cost of living (monthly): $4,039
  • Median household income: $78,995

Explore Next: Top 4 Cities for Future Home Purchases

15. Sacramento: A Capital’s Cost of Living

  • Average monthly rent: $1,643
  • 1 bedroom average rent: $1,347
  • 2 bedroom average rent: $1,702
  • Total cost of living (monthly): $3,830
  • Median household income: $78,954

16. Fresno: Affordability Amidst Rising Prices

  • Average monthly rent: $1,326
  • 1 bedroom average rent: $1,050
  • 2 bedroom average rent: $1,295
  • Total cost of living (monthly): $3,359
  • Median household income: $63,001

Methodology: This analysis from GOBankingRates focused on average costs of rent and living in major U.S. cities, using data from the U.S. Census Bureau, Sperling’s BestPlaces, ApartmentList, Zillow, and the Bureau of Labor Statistics. Data was last updated on September 13, 2024.

Additional Insights from GOBankingRates

This article originally appeared on GOBankingRates.com: Earnings vs. Costs: Rent in 16 California Cities

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.

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