Canoga Park, San Fernando Valley, CA Rental Market Trends
Last updated: April 14, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Canoga Park is $2,405, a 1.93% decrease compared to the previous year, when the average rent was $2,452.
Studio Apartments at $1,813 offer the most budget-friendly option with 535 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 704 square feet for $2,162, balancing privacy and affordability.
Two-beedroom units at $2,681 offer 1,009 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,275 sq ft) for $3,218, suitable for larger households.
Average rent in Canoga Park, San Fernando Valley, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,405 | 844 sq. ft. |
| Studio | $1,813 | 535 sq. ft. |
| 1 Bed | $2,162 | 704 sq. ft. |
| 2 Beds | $2,681 | 1,009 sq. ft. |
| 3 Beds | $3,218 | 1,275 sq. ft. |
Canoga Park, San Fernando Valley, CA rent trends
Rental prices in Canoga Park, San Fernando Valley, CA have decreased by 1.93% over the past year. The average rent moved from $2,452 to $2,405.
What's the typical rent budget in Canoga Park, San Fernando Valley, CA?
The largest share of rentals in Canoga Park, San Fernando Valley, CA (33%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Canoga Park, San Fernando Valley, CA?
10,296 or 70% of the households in Canoga Park, San Fernando Valley, CA are renter-occupied while 4,363 or 30% are owner-occupied.
Most affordable neighborhoods in Canoga Park?
Arlington Heights $1,626/month
Pico - Union $1,802/month
Leimert Park $1,814/month
All of these neighborhoods fall below the city wide average of $2,736/month.Most expensive neighborhoods in Canoga Park?
Exposition Park $4,069/month
Ocean Park $4,079/month
West Adams $4,154/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Los Angeles, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| West Adams | $4,154 |
| Ocean Park | $4,079 |
| Exposition Park | $4,069 |
| Playa Vista | $4,064 |
| Sawtelle | $3,893 |
| Mid-City Santa Monica | $3,855 |
| University Park | $3,808 |
| Westwood | $3,678 |
| Brentwood | $3,637 |
| Fairfax | $3,599 |
| Downtown Santa Monica | $3,598 |
| Beverly Grove | $3,567 |
| Pico - Robertson | $3,538 |
| Del Rey | $3,458 |
| Wilshire - Montana | $3,437 |
| Rancho Park | $3,344 |
| Venice | $3,303 |
| Historic South-Central | $3,295 |
| Mid-Wilshire | $3,290 |
| Playa del Rey | $3,189 |
| Larchmont | $3,189 |
| Fox Hills | $3,141 |
| Windsor Square | $3,104 |
| Hancock Park | $3,067 |
| Pico | $3,048 |
| Hollywood Hills West | $3,030 |
| Westchester | $2,979 |
| Downtown Los Angeles | $2,893 |
| Palms | $2,829 |
| Woodland Hills | $2,799 |
| Echo Park | $2,759 |
| Mar Vista | $2,705 |
| Studio City | $2,687 |
| Hollywood | $2,687 |
| Mid-City | $2,641 |
| West Los Angeles | $2,639 |
| Cheviot Hills | $2,599 |
| Carthay | $2,573 |
| Chinatown | $2,572 |
| Harvard Heights | $2,544 |
| Sherman Oaks | $2,525 |
| North Hollywood | $2,521 |
| Toluka Lake | $2,514 |
| Chatsworth | $2,500 |
| Valley Village | $2,496 |
| Los Feliz | $2,491 |
| Northridge | $2,464 |
| Atwater Village | $2,456 |
| Silver Lake | $2,433 |
| Encino | $2,416 |
| Canoga Park | $2,405 |
| Hollywood Hills | $2,363 |
| Sunkist Park | $2,299 |
| East Hollywood | $2,268 |
| Lincoln Heights | $2,236 |
| Koreatown | $2,234 |
| Shadow Hills | $2,233 |
| Pacoima | $2,216 |
| Eagle Rock | $2,216 |
| Granada Hills | $2,202 |
| Westlake | $2,189 |
| Boyle Heights | $2,175 |
| Highland Park | $2,170 |
| Mission Hills | $2,134 |
| Tarzana | $2,127 |
| Valley Glen | $2,126 |
| Van Nuys | $2,113 |
| Century City | $2,111 |
| Baldwin Hills - Crenshaw | $2,111 |
| Sylmar | $2,106 |
| Lake Balboa | $2,072 |
| North Hills | $2,055 |
| Reseda | $2,053 |
| Glassell Park | $2,035 |
| Mount Washington | $1,995 |
| Hyde Park | $1,960 |
| Panorama City | $1,947 |
| Winnetka | $1,909 |
| Lake View Terrace | $1,892 |
| El Sereno | $1,877 |
| Sunland | $1,873 |
| Sun Valley | $1,859 |
| Jefferson Park | $1,858 |
| Leimert Park | $1,814 |
| Pico - Union | $1,802 |
| Arlington Heights | $1,626 |
Los Angeles | Rent Comparison by Neighborhood
Rent in Canoga Park is 48% higher than in Arlington Heights
Canoga Park rent is the same as Los Angeles average
Arlington Heights rent is 32% lower than Los Angeles average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Canoga Park apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.