217 Apartments for rent in Santa Clarita, CA
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Valencia, but not like the oranges
Rent doesn’t get much cheaper than $1200 for a one bedroom condo or $1400 for a two-bedroom. Valencia is a tract-planned region. A four-bedroom mini-mansion will only run you between $3,000 and $4,000 a month.
Newhall
Despite the hordes of new construction projects and chain eateries, Newhall is actually the oldest of Santa Clarita’s incorporated areas. It’s name is borrowed from Henry Newhall, who made his fortune in the California Gold Rush, and the area owes much of its planning to his vision. Today, Newhall is home to the same gorgeous California Spanish architecture that is found in Valencia, but with slightly older and cheaper options. One-bedroom apartments here can be had for as little as $950 with two-bed options for $1200. 3-4 bed homes start as low as $2,000.
Mountains are sexy here
The Saugus and Canyon Country areas make up the rest of Santa Clarita and offer a bit more space to spread out. What’s living in the valley for, anyway, if you can’t admire the mountain views and some good old fashioned legroom? A three-bedroom home here will start at around $1700 but the ubiquitous apartment complexes with red-tile roofs, tennis courts, pools and community rooms offer up standard fare for a bit cheaper than in Valencia- usually around $1000 for a one bedroom or $1400 for two.
The traffic could be worse. You could be in L.A.
Santa Clarita enjoys easy access to Los Angeles and it’s environs, as it’s bordered by Interstate 5 and California highways 14 and 126. As in most of California, having a car is a near necessity, but if you find yourself on foot, Santa Clarita does operate a bus system that offers commuter service to Burbank, L.A., North Hollywood and a few other prime locations. For the wise and wizened, the city offers a Dial-a-Ride service after 6pm. Metrolink also operates some park-and-ride commuter train options. An intricate series of biking trails have been implemented, so you can dust off your old 10 speed and save some gas.
Santa Clarita goes to great lengths to provide recreational facilities and activities. The city keeps citizens engaged with free summer concerts, parks and various neighborhood associations. So let’s cue up your reel, warm up the spirit fingers, and find your Santa Clarita dream pad!
June 2020 Santa Clarita Rent Report
Welcome to the June 2020 Santa Clarita Rent Report. Santa Clarita rents declined over the past month. In this report, we'll evaluate trends in the Santa Clarita rental market, including comparisons to cities throughout the metro, state, and nation.
June 2020 Santa Clarita Rent Report
Welcome to the June 2020 Santa Clarita Rent Report. Santa Clarita rents declined over the past month. In this report, we'll evaluate trends in the Santa Clarita rental market, including comparisons to cities throughout the metro, state, and nation.
Santa Clarita rents decline sharply over the past month
Santa Clarita rents have declined 0.6% over the past month, and are down moderately by 1.0% in comparison to the same time last year. Currently, median rents in Santa Clarita stand at $2,062 for a one-bedroom apartment and $2,650 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in March. Santa Clarita's year-over-year rent growth lags the state average of 0.7%, as well as the national average of 0.8%.
Rents rising across the Los Angeles Metro
While rent prices have decreased in Santa Clarita over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 6 of the largest 10 cities in the Los Angeles metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.
- Lancaster has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,644; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 2.0%.
- Irvine has the most expensive rents in the Los Angeles metro, with a two-bedroom median of $2,745; however, the city has also seen rents fall by 1.4% over the past month, the biggest drop in the metro.
Many large cities nationwide show more affordable rents compared to Santa Clarita
As rents have fallen moderately in Santa Clarita, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Santa Clarita is less affordable for renters.
- Other cities across the state have seen rents slightly increase, with California as a whole logging rent growth of 0.7% over the past year. For example, rents have grown by 0.8% in San Diego and 0.2% in San Jose.
- Santa Clarita's median two-bedroom rent of $2,650 is above the national average of $1,194. Nationwide, rents have grown by 0.8% over the past year compared to the 1.0% decline in Santa Clarita.
- While rents in Santa Clarita fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+2.3%), Austin (+1.3%), and Seattle (+1.2%).
- Renters will generally find more expensive prices in Santa Clarita than most large cities. For example, Houston has a median 2BR rent of $1,030, where Santa Clarita is more than two-and-a-half 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.
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.