Apartments in Banning

1 - 6 of 6 Results
9
$1,800
Banning, CA
2 BR | Available Now
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Dog Friendly
1
$1,950
Banning, CA
1 BR | Available Now
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Dog Friendly
House
60
$3,500
Banning, CA
5 BR | Dec. 30, 2024
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Dog Friendly
Cat Friendly
House
1
$1,500
5001-5059 W Wilson St Banning, CA
1 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
13
$1,295
500 W Gilman St Banning, CA
1 BR | Available Now
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Cat Friendly
Storage
Disability Access
11
$1,170 - 1,631
287 W. Westward Avenue Banning, CA
1 - 3 BR | Ask for Availability
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Student
Income Restricted
Section 8
Air Conditioning
In Unit Laundry
1 - 6 of 6 Results
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How much does it cost to rent an apartment in Banning?

Banning Apartments
Bed Type Average Rent Range
1BR $1,400 $1,170 - $1,950
2BR $1,800 $1,800 - $1,800
3BR $1,630 $1,630 - $1,630

Search Cities Near Banning, CA

Banning:
December Rent Report

Welcome to the December 2024 Banning Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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

$2,100
$1,580
$1,050
$530
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Banning Rent Prices Increase From November to December

Banning rent prices increased over the last month. From November to December, the city experienced a 0.92% increase for the price of a one-bedroom apartment. The rent price for a Banning one-bedroom apartments currently stands at $1,314.0.

When we take a look at the two-bedroom comparison from November to December, Banning experienced a -5.81% decrease for the price of a two-bedroom apartment. The rent price for a Banning two-bedroom apartments currently stands at $1,896.0.

December Prices: Banning vs. Surrounding Areas

Rent Prices in Banning and Surrounding Areas

Rent prices have increased 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.

December 2024 Pricing Trends: Banning vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Banning Rent Prices More Affordable Than Major Cities

Rent growth in Banning over the past year has been on the rise. 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 December 1 BR M/M % Change 2 BR December 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.