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71 Apartments for rent in Novato, CA

Last updated December 12 at 10:17pm UTC
29 Wimbledon Court
Southwest Novato
Novato, CA
Updated December 12 at 7:54pm UTC
2 Bedrooms
$3,995
15 Wimbledon Court
Southwest Novato
Novato, CA
Updated December 12 at 7:54pm UTC
2 Bedrooms
$3,150
8 Balra Dr
Midwest Novato
Novato, CA
Updated December 12 at 10:03pm UTC
4 Bedrooms
$4,245
1 Duarte Court
Southwest Novato
Novato, CA
Updated December 12 at 9:58pm UTC
3 Bedrooms
$3,350
30 Hayford Court
Southeast Novato
Novato, CA
Updated December 11 at 10:29am UTC
4 Bedrooms
$3,750
27 Wimbledon Court
Southwest Novato
Novato, CA
Updated December 12 at 7:55pm UTC
2 Bedrooms
$6,200
11 Wimbledon Court
Southwest Novato
Novato, CA
Updated December 12 at 7:54pm UTC
2 Bedrooms
$4,500
11 West Barberry Place
Southwest Novato
Novato, CA
Updated December 5 at 10:20am UTC
3 Bedrooms
$5,995
5 Lambert Way
Northwest Novato
Novato, CA
Updated November 27 at 10:18am UTC
4 Bedrooms
$4,000
1041 MARGARET CT
Midwest Novato
Novato, CA
Updated November 15 at 11:51am UTC
3 Bedrooms
$3,400
Results within 1 miles of Novato, CA
204 Cobblestone Drive
Marinwood
San Rafael, CA
Updated December 8 at 10:22am UTC
4 Bedrooms
$4,000
Results within 5 miles of Novato, CA
Parkside
101 Sunny Hills Dr
San Anselmo, CA
Updated December 12 at 10:17pm UTC
1 Bedroom
$2,255
2 Bedrooms
$3,000
382 Holly Drive
Terra Linda
San Rafael, CA
Updated December 12 at 9:57pm UTC
3 Bedrooms
$3,750
70 Brookmead Place
San Anselmo
San Anselmo, CA
Updated December 12 at 9:57pm UTC
3 Bedrooms
$4,500
250 Fawn Drive
Sleepy Hollow
Sleepy Hollow, CA
Updated December 11 at 11:00am UTC
1 Bedroom
$1,750
16 Junipero Serra
Loch Lomond
San Rafael, CA
Updated December 9 at 10:19am UTC
4 Bedrooms
$4,500
40 Gable Court
Civic Center
San Rafael, CA
Updated December 12 at 7:54pm UTC
4 Bedrooms
$3,100

December 2018 Novato Rent Report

Welcome to the December 2018 Novato Rent Report. Novato rents declined over the past month. In this report, we'll evaluate trends in the Novato rental market, including comparisons to cities throughout the metro, state, and nation.

View full Novato Rent Report
Rent Report
Novato

December 2018 Novato Rent Report

Welcome to the December 2018 Novato Rent Report. Novato rents declined over the past month. In this report, we'll evaluate trends in the Novato rental market, including comparisons to cities throughout the metro, state, and nation.

Novato rents declined moderately over the past month

Novato rents have declined 0.3% over the past month, but have increased slightly by 1.0% in comparison to the same time last year. Currently, median rents in Novato stand at $2,690 for a one-bedroom apartment and $3,380 for a two-bedroom. Novato's year-over-year rent growth lags the state average of 1.4%, as well as the national average of 1.3%.

Rents rising across the San Francisco Metro

Throughout the past year, rent increases have been occurring not just in the city of Novato, but across the entire metro. Of the largest 10 cities that we have data for in the San Francisco metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • San Mateo has the most expensive rents in the San Francisco metro, with a two-bedroom median of $4,430; the city has also seen rent growth of 4.4% over the past year, the fastest in the metro.
  • Over the past month, Concord has seen the biggest rent drop in the metro, with a decline of 1.5%. Median two-bedrooms there cost $3,040, while one-bedrooms go for $2,420.
  • Oakland has the least expensive rents in the San Francisco metro, with a two-bedroom median of $2,220; rents decreased 1.2% over the past month but were up 2.8% over the past year.

Many large cities nationwide show more affordable rents compared to Novato

As rents have increased slightly in Novato, a few large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Novato is less affordable for renters.

  • Rents increased slightly in other cities across the state, with California as a whole logging rent growth of 1.4% over the past year. For example, rents have grown by 3.2% in San Jose, 1.5% in Los Angeles, and 1.0% in San Diego.
  • Novato's median two-bedroom rent of $3,380 is above the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 1.0% increase in Novato.
  • While Novato's rents rose slightly over the past year, the city of Seattle saw a decrease of 0.4%.
  • Renters will generally find more expensive prices in Novato than most large cities. For example, Phoenix has a median 2BR rent of $1,060, where Novato is more than three times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
San Francisco $2,460 $3,100 -0.3% 1.8%
Oakland $1,770 $2,220 -1.2% 2.8%
Fremont $2,970 $3,730 0.5% 4.3%
Hayward $2,300 $2,880 0.2% 3.0%
Concord $2,420 $3,040 -1.5% 1.4%
Berkeley $2,080 $2,610 0.9% 3.0%
Richmond $2,110 $2,660 -1.0% 3.3%
Antioch $2,850 $3,590 -0.5% -0.6%
Daly City $2,480 $3,110 0.0% 3.8%
San Mateo $3,520 $4,430 -0.0% 4.4%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.