The Murphy Station
1008 E El Camino Real,
Sunnyvale, CA 94087
Studio - 2 Beds | $3,440 - 5,000
Rental Market Trends in Sunnyvale, CA
What is the average rent in Sunnyvale, CA?
$2,787/month
Average Rent
693 Sq Ft
Average Apartment Size
+3.5%
Increase in the Last Year
As of November 2024, the average rent in Sunnyvale, CA is $2,787 per month. This is 79% higher than the national average rent price of $1,559/month, making Sunnyvale one of the most expensive cities in the US. When you rent an apartment in Sunnyvale, you can expect to pay about $2,351 per month for a studio, $2,787 for a one-bedroom apartment, and around $3,494 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,317 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 Sunnyvale, CA?
In the past year, rent has increased by 3.5%, which averages out to $97 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 November 2024
Legend
2023
2024
Rent Ranges in Sunnyvale, CA
Last Updated November 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
12%
$1,001 - $1,500/month
13%
$1,501 - $2,000/month
74%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Sunnyvale?
Based on current rent prices, Panama Park, San Miguel and Snail are the most affordable neighborhoods in Sunnyvale.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Sunnyvale?
Based on current rent prices, Lakewood, Lawrence Station and Sunnyvale West are the most expensive neighborhoods in Sunnyvale.
Neighborhood
Average Rent
Average Sq Ft
Which Sunnyvale neighborhoods have the most rentals available?
The neighborhoods in Sunnyvale with the most apartments available are Lawrence Station, Sunnyvale West and Downtown Sunnyvale .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Sunnyvale, CA?
Because the average rent in Sunnyvale is $2,787, you’ll want to make about $9,290 per month or $111,480 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 Sunnyvale, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Sunnyvale, 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
$2,204/month
-
Two Bedroom
$2,635/month
-
Three Bedroom
$3,057/month
-
Nearby City Rent Trends
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De Anza Properties
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23
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Units
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9
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FPI Management
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610
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105,282
Units
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221
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Equity Residential
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184
Communities
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59,208
Units
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82
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SRG Residential
-
58
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14,313
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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.