Living at NoHo
11059 McCormick St,
North Hollywood, CA 91601
Studio - 3 Beds | $2,253 - $4,005
Rental Market Trends in Valley Village, CA
Updated August 2026
The average rent in Valley Village, CA is $1,956/month.
Rent in Valley Village is 18% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.
$1,956/month
Average Rent
674 Sq Ft
Average Size
+0.6%
Change / Year
1,346
Available Apartments
Valley Village rent varies by unit size and layout:
- Studio apartments in Valley Village average $1,589 per month.
- One-bedroom apartments in Valley Village average $1,956 per month.
- Two-bedroom apartments in Valley Village average $2,541 per month.
- Three-bedroom apartments in Valley Village average $3,510 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Valley Village, CA?
In the past year, rent has increased by 0.6%, which averages out to $11 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Valley Village, CA
August 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
7%
$1,001 - $1,500/month
28%
$1,501 - $2,000/month
62%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Valley Village?
Based on current rent prices, Valley Village is the most affordable neighborhood in Valley Village.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Valley Village?
Based on current rent prices, Valley Village is the most expensive neighborhood in Valley Village.
Neighborhood
Average Rent
Average Sq Ft
Which Valley Village neighborhoods have the most rentals available?
The neighborhood in Valley Village with the most apartments available is Valley Village .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Valley Village, CA?
Because the average rent in Valley Village is $1,956, you’ll want to make about $6,520 per month or $78,240 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 Valley Village, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Valley Village, 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.
View the Valley Village Area GuideStudio
$1,694/month
$1,694/month
One Bedroom
$2,000/month
$2,000/month
Two Bedroom
$2,597/month
$2,597/month
Three Bedroom
$3,244/month
$3,244/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Studio City
Avg Rent: $2,287/month
-
Toluca Lake
Avg Rent: $2,489/month
-
North Hollywood
Avg Rent: $1,912/month
-
Valley Glen
Avg Rent: $2,257/month
-
Burbank
Avg Rent: $2,259/month
-
Sherman Oaks
Avg Rent: $2,116/month
-
Sun Valley
Avg Rent: $1,614/month
-
Van Nuys
Avg Rent: $1,655/month
-
West Hollywood
Avg Rent: $2,549/month
Apartment Communities in Valley Village We Think You'll Love
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Frequently Asked Questions
What is the average rent in Valley Village?
The average rent in Valley Village is $1,956 per month, which is 17.5% higher than the national average of $1,664.
What is the average rent for a house in Valley Village?
The average rent for a house in Valley Village, CA is $5,577 per month.
What is the average rent for a townhome in Valley Village?
The average rent for a townhome in Valley Village, CA is $3,758 per month.
What is the average rent for a condo in Valley Village?
The average rent for a condo in Valley Village, CA is $2,255 per month.
Are rents going up or down in Valley Village?
Rents in Valley Village, CA are increasing, with prices up 0.6% year-over-year and $11 more per month.
What rent range is most common in Valley Village?
In Valley Village, CA, 62% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
Methodology
† 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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.