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Apartments in Banning

1 - 6 of 6 Results
26
$2,250
5430 Moody Dr
Banning, CA
2 BR | Available Now
Contact
House
Storage
Dishwasher
Pool
18
$1,899
511 N Fourth St
Banning, CA
3 BR | Available Now
Contact
Dog Friendly
Storage
11
$1,170 - 1,631
Westview Terrace
287 W. Westward Avenue Banning, CA
1 - 3 BR | Ask for Availability
Contact
Student
Income Restricted
Section 8
Air Conditioning
In Unit Laundry
19
$3,000
5135 Hummingbird Way
Banning, CA
4 BR | Available Now
Contact
House
Balcony/Deck/Patio
Dishwasher
1
$1,650 - 1,700
5001-5059 W Wilson St
Banning, CA
2 BR | Available Now
Contact
Dog Friendly
Air Conditioning
Surface Parking
Storage
Disability Access
18
$1,899
511 N Fourth St
Banning, CA
3 BR | Ask for Availability
Contact
Dog Friendly
1 - 6 of 6 Results
  1. Home
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How much does it cost to rent an apartment in Banning?

Banning Apartments
Bed Type Average Rent Range
1BR $1,170 $1,170 - $1,170
2BR $1,650 $1,650 - $2,250
3BR $1,900 $1,630 - $1,900
4+BR $3,000 $3,000 - $3,000
Frequently Asked Questions

How many apartments are available in Banning, CA on Rentable.co?

Rentable.co has over 191 apartments available in Banning.

What is the average rent for a one-bedroom apartment in Banning, CA?

The average rent for a one-bedroom apartment in Banning is around $1,170 per month.

What is the average rent for a two-bedroom apartment in Banning, CA?

The average rent for a two-bedroom apartment in Banning is around $1,650 per month.

How expensive is it to rent an apartment in Banning, CA?

For a two-bedroom apartment in Banning, the average rent price is $1,650 per month, which is similar to the national average of $1,630 per month.

Can I afford an apartment for rent in Banning, CA?

Based on average rent prices in Banning, to afford a one-bedroom apartment you would need an annual household income of $47,000 to live comfortably.

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Banning:
April Rent Report

Welcome to the April 2024 Banning Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Banning rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Banning and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Banning average rent prices in the chart below.

Monthly Rent Report

$2,050
$1,540
$1,030
$510
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Banning Rent Prices Decrease From March to April

Banning rent prices decreased over the last month. From March to April, the city experienced a -2.24% decrease for the price of a one-bedroom apartment. The rent price for a Banning one-bedroom apartments currently stands at $1,352.0.

When we take a look at the two-bedroom comparison from March to April, Banning experienced a 0.98% increase for the price of a two-bedroom apartment. The rent price for a Banning two-bedroom apartments currently stands at $1,650.0.

April Prices: Banning vs. Surrounding Areas

Rent Prices in Banning and Surrounding Areas

Rent prices have decreased in Banning over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Banning suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Banning suburbs

  • Rents did not decrease in any of the Banning suburbs.

April 2024 Pricing Trends: Banning vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Banning Rent Prices More Affordable Than Major Cities

Rent growth in Banning over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Banning average rent prices appear to be relatively affordable for local residents.

The price for a Banning one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Banning and surrounding area rent prices, take a look at the complete data set below.

Data set for Banning and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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