San Rafael / Novato, CA
April 2026
94901,94903,94947
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,406 – $2,686 | -3.27% | -2.28% |
| 2-Bedroom | $3,158 – $3,526 | -0.58% | -4.63% |
| 3-Bedroom | $4,646 – $4,983 | -4.67% | -2.16% |
| 4-Bedroom | $5,564 – $5,883 | 0.56% | 3.34% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,707 – $2,933 | -7.04% | -8.91% |
| 2-Bedroom | $3,579 – $3,839 | 1.49% | 0.06% |
| 3-Bedroom | $4,437 – $4,826 | -7.81% | -5.44% |
| 4-Bedroom | $5,254 – $5,635 | -1.90% | 0.78% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $3,162 – $3,405 | -3.00% | -4.13% |
| 2-Bedroom | $4,128 – $4,428 | -1.37% | -0.79% |
| 3-Bedroom | $4,965 – $5,565 | 1.26% | 5.05% |
| 4-Bedroom | $5,250 – $5,803 | -3.16% | 0.39% |
In the San Rafael / Novato (94901, 94903, 94947) rental market, 3-bedroom single-family homes reached a median rent of $5,265 in April 2026, increasing 5.05% year-over-year. This growth stands out, as 3-bedroom apartments declined by 2.16% YoY to $4,814, trailing the single-family segment by $451.
Among property types, the 1-bedroom condo/townhome segment in San Rafael / Novato (94901, 94903, 94947) saw a sharp 7.04% month-over-month decrease, resulting in a median rent of $2,820. In comparison, 1-bedroom apartments declined by 3.27% MoM, landing at $2,546 for the period.
Median rent for 2-bedroom condo/townhome units climbed 1.49% month-over-month, reaching $3,709. These data shape San Rafael / Novato (94901, 94903, 94947) rental trends, as 2BR condos now exceed 2BR apartments by $367 and outperformed single-family homes in this segment, which dropped 1.37% MoM to $4,278.