Malibu Cove Apartments
22147 Pacific Coast Hwy,
Malibu, CA 90265
$3,999 | 1 Bed
Stretching from the world-famous Getty Villa museum on the east end to Pepperdine University on the west, Eastern Malibu lives up to all the expectations raised by years of TV shows and movies. Most residents live in a narrow strip running on either side of the iconic Pacific Coast Highway, which serves as the city's main thoroughfare. While housing tends to be pricey in Malibu, especially for beachfront or ocean view residences, more affordable apartments cluster toward the center of town, where residents and visitors also head for shopping and dining options.
The heart of Malibu resides in its miles of spectacular beaches, with surfers heading for famous surf breaks off Zuma Beach and tidepool fans clustering around Big Rock Beach. A hidden gem is Paradise Cove, where locals lounge on Adirondack chairs under umbrellas, enjoying the sand as they sip drinks from the Paradise Beach Cafe and watch pelicans at play.
As of March 2025, the average apartment rent in Eastern Malibu is $2,233 for a studio, $3,965 for one bedroom, $5,421 for two bedrooms, and $8,103 for three bedrooms. Apartment rent in Eastern Malibu has increased by 2.6% in the past year.
Studio
376 sq ft
Average Sq Ft
$2,233/month
Average Rent
1 BR
660 sq ft
Average Sq Ft
$3,965/month
Average Rent
2 BR
1,064 sq ft
Average Sq Ft
$5,421/month
Average Rent
3 BR
1,275 sq ft
Average Sq Ft
$8,103/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
3,214
Communities
892,192
Units
827
Cities
694
Communities
187,862
Units
313
Cities
645
Communities
126,670
Units
256
Cities
618
Communities
163,110
Units
234
Cities
609
Communities
104,969
Units
214
Cities
540
Communities
125,379
Units
273
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.