Advertiser Disclosure
GOBankingRates works with many financial advertisers to showcase their products and services to our audiences. These brands compensate us to advertise their products in ads across our site. This compensation may impact how and where products appear on this site. We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products.
Gen Z: Here’s What Rent Will Cost You in These 16 California Cities



Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 YearsHelping You Live Richer
Reviewed by Experts
Trusted by Millions of Readers
Gen Zers who dream of living and working in California need to make sure their savings can cover monthly rent payments. While there are still a few cities where renters can expect to pay less than $2,000 a month, many more across Northern and Southern California charge more than $2,000 in monthly rent.
GOBankingRates was able to find out how much average apartments cost nationwide by analyzing data from the U.S. Census American Community Survey, Sperling’s BestPlaces, ApartmentList and the Zillow Home Value Index. A full methodology is available at the end of this story.
Keep reading to discover how much rent Gen Zers pay in 16 California cities.
Los Angeles
- Household median income: $76,244
- Total annual cost of living: $53,112
- Overall average rent: $2,067
- 1-bedroom average rent: $1,849
- 2-bedroom average rent: $2,357
San Diego
- Household median income: $98,657
- Total annual cost of living: $53,339
- Overall average rent: $2,274
- 1-bedroom average rent: $1,938
- 2-bedroom average rent: $2,429
San Jose
- Household median income: $136,010
- Total annual cost of living: $61,409
- Overall average rent: $2,679
- 1-bedroom average rent: $2,331
- 2-bedroom average rent: $2,766
San Francisco
- Household median income: $136,689
- Total annual cost of living: $61,883
- Overall average rent: $2,620
- 1-bedroom average rent: $2,645
- 2-bedroom average rent: $3,135
Fresno
- Household median income: $63,001
- Total annual cost of living: $40,313
- Overall average rent: $1,326
- 1-bedroom average rent: $1,050
- 2-bedroom average rent: $1,295
Sacramento
- Household median income: $78,954
- Total annual cost of living: $45,966
- Overall average rent: $1,643
- 1-bedroom average rent: $1,347
- 2-bedroom average rent: $1,702
Long Beach
- Household median income: $78,995
- Total annual cost of living: $48,471
- Overall average rent: $1,737
- 1-bedroom average rent: $1,552
- 2-bedroom average rent: $1,901
Oakland
- Household median income: $94,389
- Total annual cost of living: $51,887
- Overall average rent: $2,021
- 1-bedroom average rent: $1,850
- 2-bedroom average rent: $2,220
Anaheim
- Household median income: $88,538
- Total annual cost of living: $52,768
- Overall average rent: $2,271
- 1-bedroom average rent: $1,948
- 2-bedroom average rent: $2,404
Riverside
- Household median income: $83,448
- Total annual cost of living: $48,344
- Overall average rent: $1,783
- 1-bedroom average rent: $1,478
- 2-bedroom average rent: $1,776
Santa Ana
- Household median income: $84,210
- Total annual cost of living: $51,710
- Overall average rent: $2,215
- 1-bedroom average rent: $1,942
- 2-bedroom average rent: $2,290
Irvine
- Household median income: $122,948
- Total annual cost of living: $61,081
- Overall average rent: $2,986
- 1-bedroom average rent: $2,534
- 2-bedroom average rent: $3,106
Chula Vista
- Household median income: $101,984
- Total annual cost of living: $54,806
- Overall average rent: $2,360
- 1-bedroom average rent: $1,734
- 2-bedroom average rent: $2,269
Fremont
- Household median income: $169,023
- Total annual cost of living: $59,455
- Overall average rent: $2,626
- 1-bedroom average rent: $2,183
- 2-bedroom average rent: $2,645
Santa Clarita
- Household median income: $116,186
- Total annual cost of living: $55,644
- Overall average rent: $2,470
- 1-bedroom average rent: $2,007
- 2-bedroom average rent: $2,442
Moreno Valley
- Household median income: $82,637
- Total annual cost of living: $50,248
- Overall average rent: $1,897
- 1-bedroom average rent: $1,568
- 2-bedroom average rent: $1,784
Methodology: For this study, GOBankingRates analyzed the average rental cost of major US cities and the cost of living in those cities. First, GOBankingRates found the 100 most populated cities, according to the U.S. Census American Community Survey. For each city, GOBankingRates found total population, total households, population ages 65 and over and household median income, all sourced from the American Community Survey; the cost-of-living indexes, as sourced from Sperling’s BestPlaces; the average overall rental cost, one-bedroom rental cost and two-bedroom rental cost, all sourced from ApartmentList; the average cost of a condo or co-op, as sourced from Zillow Home Value Index, and the livability index, as sourced from AreaVibes. The cost-of-living indexes and the national average expenditure costs for all residents were sourced from the Bureau of Labor Statistics Consumer Expenditure Survey. Using the average condo/co-op value, assuming a 10% down payment, and using the national average 30-year fixed mortgage rate, the average mortgage was calculated. Using the overall rental cost and expenditure costs, the total cost of living for each city was calculated. All data was collected on and is up to date as of Sept. 13, 2024.
Share This Article:
You May Also Like


Barbara Corcoran's Secret to Picking Million-Dollar Businesses on 'Shark Tank'
August 27, 2025
4 min Read

Do Tariffs Always Hurt the Stock Market? 3 Experts Take On This Economic Myth
August 31, 2025
4 min Read





I'm an Economist: Here's When Tariff Price Hikes Will Start Hitting Your Wallet
August 29, 2025
4 min Read

Albert Einstein's Simple (Yet Genius) Key To Building Wealth That Anyone Can Harness
August 29, 2025
4 min Read

5 Key Mindset Shifts To Financially Become the Top 1%, According to Humphrey Yang
August 28, 2025
4 min Read

I Asked Grok How To Become Wealthy in the Next 5 Years -- Here's What It Said
August 29, 2025
4 min Read
Questions Around The Economy
Make your money work for you
Get the latest news on investing, money, and more with our free newsletter.
By subscribing, you agree to our Terms of Use and Privacy Policy. Unsubscribe at any time.

Thanks!
You're now subscribed to our newsletter.
Check your inbox for more details.



Sending you timely financial stories that you can bank on.
Sign up for our daily newsletter for the latest financial news and trending topics.
For our full Privacy Policy, click here.
Looks like you're using an adblocker
Please disable your adblocker to enjoy the optimal web experience and access the quality content you appreciate from GOBankingRates.
- AdBlock / uBlock / Brave
- Click the ad blocker extension icon to the right of the address bar
- Disable on this site
- Refresh the page
- Firefox / Edge / DuckDuckGo
- Click on the icon to the left of the address bar
- Disable Tracking Protection
- Refresh the page
- Ghostery
- Click the blue ghost icon to the right of the address bar
- Disable Ad-Blocking, Anti-Tracking, and Never-Consent
- Refresh the page