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Rental Market Trends

Mill Valley, CA

As of August 2025, Mill Valley's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Mill Valley's average rent is 29.9% ($767) higher than the California average of $2,567 and 86.3% ($1,544) higher than the U.S. average of $1,790.

Average Rent

$3,334

Monthly ChangeMonth Over Month Change

5.8% ($204)

Yearly ChangeYear Over Year Change

42.8% ($2495)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,557	7.8% ($216)	11.2% ($321)
2 Beds	$3,243	7% ($245)	24.4% ($1048)
3 Beds	$4,123	4.5% ($195)	35.4% ($2259)

Nearby Cities	Average Rent	Avg. Rent vs. Mill ValleyAverage Rent vs. Mill Valley	Avg. Days on MarketAverage Days on Market
Corte Madera	$4,304	29.1% ($970)	31 days
Greenbrae	$3,275	1.8% ($59)	28 days
Sausalito	$4,043	21.3% ($709)	32 days
Belvedere Tiburon	$4,550	36.5% ($1216)	30 days
San Anselmo	$4,453	33.6% ($1119)	29 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Mill Valley Rental Market FAQs

Explore rental prices, market trends, and availability in Mill Valley, CA.

What is the average rent in Mill Valley, CA?

The average rent in Mill Valley, CA is $3,334 per month.

What is the rental price range for apartments in Mill Valley, CA?

Apartments in Mill Valley typically rent for between $1,790 and $5,360 per month, with an average of $3,334 per month.

What is the average rent for different bedroom sizes in Mill Valley, CA?

In Mill Valley, the average rent for a 1-bedroom apartment is $2,557 per month, for a 2-bedroom apartment, $3,243 per month, and a 3-bedroom apartment is $4,123 per month.

How do rent prices in Mill Valley, CA compare with the national average?

The average rent in Mill Valley is 86.3% ($1,544) higher than the national average of $1,790 per month.

How have rent prices in Mill Valley, CA changed recently?

The average rent in Mill Valley has decreased by 5.8% ($204) in the last month and decreased by 42.8% ($2,495) over the past year.

How competitive is the rental market in Mill Valley, CA?

The rental market in Mill Valley, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Mill Valley, CA?

In Mill Valley, CA, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Mill Valley, CA?

There are currently 27 rental properties available in Mill Valley, CA.

Can I afford to rent an apartment in Mill Valley, CA?

Based on the current averages, a household would need an annual income of $129,720 to comfortably afford a 2-bedroom apartment in Mill Valley.