$4,100 Per Month
- 1 Bed
- 1 Bath
- 841 Sq Ft
- Condo for Rent
11813 Ellice St, Malibu, CA 90265
11813 Ellice St, Malibu, CA 90265
Frequently Asked Questions
How much does it cost to rent a condo in Malibu, CA?
The median rent for a condo in Malibu, CA is $6,500 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Malibu, CA?
To comfortably afford the median rent in Malibu, CA, a household needs to earn roughly $1,000,000 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 $25,000 per month in Malibu, CA, renters typically need to show $75,000 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 Malibu, CA?
In Malibu, CA, the price-to-rent ratio is 8.3, 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 Malibu, CA are best for renting a condo?
The best neighborhood for renting in Malibu, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Malibu Road, North of Montana, Wilshire Montana, Downtown Santa Monica and Mid-City Santa Monica, each with its own character and price range.
