What Millennials Can Expect To Pay in Rent in These 16 California Cities

Paying to live and rent in California will always be expensive, but millennials feel the financial sting more than other generations. In a recent GOBankingRates study on the average rental cost across major U.S. metros, key findings revealed that millennials pay on average 11.5% more for housing.

GOBankingRates was able to find out how much more money millennials pay to rent one- and two-bedroom apartments in 16 California cities by adding 11.5% to the average rent.

Let’s see how much it costs millennials to rent in these 16 California cities.

• Average rent for one-bedroom: $2,062
• Average rent for two-bedroom: $2,628

• Average rent for one-bedroom: $2,161
• Average rent for two-bedroom: $2,708

• Average rent for one-bedroom: $2,599
• Average rent for two-bedroom: $3,084

• Average rent for one-bedroom: $2,949
• Average rent for two-bedroom: $3,496

• Average rent for one-bedroom: $1,171
• Average rent for two-bedroom: $1,444

• Average rent for one-bedroom: $1,502
• Average rent for two-bedroom: $1,898

• Average rent for one-bedroom: $1,730
• Average rent for two-bedroom: $2,120

• Average rent for one-bedroom: $2,063
• Average rent for two-bedroom: $2,475

• Average rent for one-bedroom: $2,172
• Average rent for two-bedroom: $2,680

• Average rent for one-bedroom: $1,648
• Average rent for two-bedroom: $1,980

• Average rent for one-bedroom: $2,165
• Average rent for two-bedroom: $2,553

• Average rent for one-bedroom: $2,825
• Average rent for two-bedroom: $3,463

• Average rent for one-bedroom: $1,933
• Average rent for two-bedroom: $2,530

• Average rent for one-bedroom: $2,434
• Average rent for two-bedroom: $2,949

• Average rent for one-bedroom: $2,238
• Average rent for two-bedroom: $2,723

• Average rent for one-bedroom: $1,748
• Average rent for two-bedroom: $1,989

Methodology: For this study, GOBankingRates analyzed the average rental cost of major U.S. 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. The average overall rental cost, one-bedroom rental cost and two-bedroom rental cost were sourced from ApartmentList. The cost of living for millennials was sourced from the Bureau of Labor Statistics Consumer Expenditure Survey. All data was collected on and is up to date as of Sept. 13, 2024.