Starting at $2,175 Per Month
- Studio - 2 Beds
21031 Parthenia St, Canoga Park, CA 91304
Enjoy spacious studio, 1, and 2 bedroom floor plans at our comfortable community in Canoga Park.
The Plaza at Canoga Park
Frequently Asked Questions
How much does it cost to rent a home in Canoga Park, CA?
The median rent for a home in Canoga Park, CA is $2,600 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Canoga Park, CA?
To comfortably afford the median rent in Canoga Park, CA, a household needs to earn roughly $104,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,600 per month in Canoga Park, CA, renters typically need to show $7,800 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Canoga Park, CA?
In Canoga Park, CA, the price-to-rent ratio is 28.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Canoga Park, CA are best for renting a home?
The best neighborhood for renting in Canoga Park, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include East Simi Valley, Central Simi Valley, Santa Monica Mountains, Downtown LA and Brentwood, each with its own character and price range.
