Ascent Townhome Apartments
5355 N Valentine Ave,
Fresno, CA 93711
2-3 Beds | $2,050 - $2,593
Rental Market Trends in Fresno, CA
What is the average rent in Fresno, CA?
$1,252/month
Average Rent
684 Sq Ft
Average Apartment Size
+2.4%
Increase in the Last Year
As of December 2024, the average rent in Fresno, CA is $1,252 per month. This is 20% lower than the national average rent of $1,560/month, making renting in Fresno more affordable than most cities in the US. When you rent an apartment in Fresno, you can expect to pay about $1,007 per month for a studio, $1,252 for a one-bedroom apartment, and around $1,452 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,854 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Fresno, CA?
In the past year, rent has increased by 2.4%, which averages out to $31 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Fresno, CA
Last Updated December 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
16%
Below $700/month
33%
$700 - $1,000/month
29%
$1,001 - $1,500/month
19%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Fresno?
Based on current rent prices, Huntington, McLane and Western Suburban Fresno are the most affordable neighborhoods in Fresno.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Fresno?
Based on current rent prices, Woodward Park, Van Ness Extension and North Fresno are the most expensive neighborhoods in Fresno.
Neighborhood
Average Rent
Average Sq Ft
Which Fresno neighborhoods have the most rentals available?
The neighborhoods in Fresno with the most apartments available are North Fresno, Woodward Park and West Fresno .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Fresno, CA?
Because the average rent in Fresno is $1,252, you’ll want to make about $4,173 per month or $50,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Fresno, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Fresno, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$867/month
$1,705/month
Two Bedroom
$1,135/month
$1,899/month
Three Bedroom
$974/month
$2,279/month
Nearby City Rent Trends
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Winn Companies
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Two Coast Living
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Wasatch Group
-
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Methodology
† 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.
* Percentages may not total 100 due to rounding.