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Last updated December 14 2019 at 2:03 AM

28 3 Bedroom Apartments for rent in Novato, CA

Last updated December 15 at 10:28am
Strawberry
1 Unit Available
133 TIBURON BLVD
133 Tiburon Boulevard, Strawberry, CA
3 Bedrooms
$6,100
2320 sqft
LIGHT FILLED UPSCALE 3BD/2BA MILL VALLEY HOME-YARD-FOUNDATION - HOLIDAY PROMOTION!!!! Celebrate the New Year in style in your new abode! Sign a lease with us this holiday season and win a bottle of Dom Prignon! All applicants who successfully
Last updated December 15 at 10:28am
1 Unit Available
1639 Cabernet Court
1639 Cabernet Court, Petaluma, CA
Beautiful...Amazing !!! 5 bedroom for lease - Must see this house. So many wonderful Amenities . Have to see for your self. Beautiful completely remodeled five bedroom three full bath two story home for lease.
Last updated December 15 at 09:35am
Sycamore - Tamalpals Park
1 Unit Available
182 Locust Ave
182 Locust Avenue, Mill Valley, CA
3 Bedrooms
$5,900
1800 sqft
This lovely large 3 bedroom, 2 bath charming home is located in the heart of Mill Valley - * Large living room with hardwood floor is flooded with sun light* Two sets of French Doors* Formal dinning room, opens to kitchen & living room* Hardwood
Last updated December 16 at 04:11am
1 Unit Available
110 Rosario Road-110
110 Rosario Road, Lagunitas-Forest Knolls, CA
3 Bedrooms
$4,200
2000 sqft
Beautiful, sunny home in Forest Knolls! Enjoy the comforts of modern elegance and spaciousness in this newly constructed 2,000 sq, ft. three bedroom, two bathroom two-story home, with an additional 700 sq. ft.

December 2019 Novato Rent Report

Welcome to the December 2019 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 Rent Report

December 2019 Novato Rent Report

Welcome to the December 2019 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 decline sharply over the past month

Novato rents have declined 0.6% over the past month, but are up significantly by 4.4% in comparison to the same time last year. Currently, median rents in Novato stand at $2,682 for a one-bedroom apartment and $3,370 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in September. Novato's year-over-year rent growth leads the state average of 1.1%, as well as the national average of 1.4%.

    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, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Oakland has the least expensive rents in the San Francisco metro, with a two-bedroom median of $2,227; the city has also seen rents fall by 1.4% over the past month, the biggest drop in the metro.
    • Richmond has seen the fastest rent growth in the metro, with a year-over-year increase of 5.2%. The median two-bedroom there costs $2,800, while one-bedrooms go for $2,229.
    • San Mateo has the most expensive rents of the largest cities in the San Francisco metro, with a two-bedroom median of $4,436; rents fell 0.1% over the past month but rose 1.3% over the past year.

    Many large cities nationwide show more affordable rents compared to Novato

    As rents have increased significantly in Novato, a few large cities nationwide have seen rents grow more modestly. 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 1.1% over the past year. For example, rents have grown by 1.0% in San Diego, 0.9% in San Jose, and 0.4% in Los Angeles.
    • Novato's median two-bedroom rent of $3,370 is above the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year compared to the 4.4% rise in Novato.
    • While Novato's rents rose significantly over the past year, many cities nationwide also saw increases, including Phoenix (+3.9%), Austin (+3.1%), and Dallas (+2.2%).
    • Renters will generally find more expensive prices in Novato than most large cities. For example, Phoenix has a median 2BR rent of $1,098, 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
    $2,470
    $3,100
    -0.7%
    0.2%
    Oakland
    $1,770
    $2,230
    -1.4%
    0.1%
    Fremont
    $2,970
    $3,730
    0.1%
    0.1%
    Hayward
    $2,220
    $2,780
    0.6%
    1.3%
    Concord
    $2,420
    $3,040
    -0.6%
    0.2%
    Berkeley
    $2,070
    $2,600
    0.8%
    -0.3%
    Richmond
    $2,230
    $2,800
    -0.3%
    5.2%
    Antioch
    $2,630
    $3,300
    -0.2%
    2.1%
    Daly City
    $2,650
    $3,330
    0.9%
    -0.1%
    San Mateo
    $3,530
    $4,440
    -0.1%
    1.3%
    Livermore
    $2,270
    $2,850
    -1.5%
    -0.3%
    Redwood City
    $2,810
    $3,530
    0
    1.9%
    San Ramon
    $3,040
    $3,810
    0.1%
    2.1%
    Pleasanton
    $2,890
    $3,630
    -1.1%
    -1.2%
    Union City
    $2,810
    $3,530
    -0.6%
    2.2%
    Walnut Creek
    $2,480
    $3,110
    -0.5%
    1.5%
    South San Francisco
    $2,620
    $3,300
    0.4%
    -2.3%
    Pittsburg
    $2,560
    $3,210
    -0.3%
    0.9%
    San Rafael
    $2,540
    $3,190
    0.6%
    -1.1%
    Novato
    $2,680
    $3,370
    -0.6%
    4.4%
    Dublin
    $3,030
    $3,800
    0.5%
    0.2%
    San Bruno
    $2,710
    $3,400
    1.3%
    -0.8%
    Pacifica
    $3,050
    $3,830
    0
    1.5%
    Martinez
    $2,470
    $3,100
    1.2%
    2.1%
    Pleasant Hill
    $2,660
    $3,340
    1.5%
    -0.5%
    Burlingame
    $2,630
    $3,310
    0.8%
    2.7%
    Belmont
    $2,830
    $3,550
    0.3%
    0.7%
    Larkspur
    $2,890
    $3,630
    1.7%
    -9.7%
    Emeryville
    $2,360
    $2,970
    0.3%
    -1.3%
    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.

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