salaryRent here is among the highest 10% in the country. Household incomes are higher than in 95% of U.S. cities. A typical house costs about 8.4 years of household income, so buying is hard for most locals. Commutes are long, about 34.1 minutes each way. It is a highly educated city: 73.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $137,040 a year. That is $66 an hour at a full-time job.
Is rent cheaper than other California cities?
No. Rent here is more expensive than in most of California. It is number 570 of 653 cities from cheapest to most expensive.
How much do households earn in Calabasas?
Share of households by yearly income. 58.3% of households earn $100,000 or more.
Rent by apartment size in Calabasas
| Size | Calabasas | U.S. average |
|---|---|---|
| Studio | $3,421 | $1,338 |
| 1 bedroom | $3,017 | $1,324 |
| 2 bedrooms | $3,158 | $1,509 |
| 3 bedrooms | $3,500+ | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Calabasas overall?
Everyday prices in California overall are 11% above the U.S. average (index 110.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Calabasas, so the California figure is shown.
Taxes and bills in Calabasas
Life in Calabasas
Is it cheaper to rent or buy in Calabasas?
Renting is cheaper right now: about $7,013 a month less.
Owning assumes a typical $1,504,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $150,450 for the down payment.
Frequently asked questions
What is the average rent in Calabasas, CA?
Renting in Calabasas costs a median of about $3,426 a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Calabasas?
To keep rent under 30% of income, you need about $137,040 a year, or $66 an hour at a full-time job.
Is Calabasas cheap or expensive?
Calabasas is rated OK: rent takes 23.1% of the typical household income of $178,263. It ranks 570th cheapest of 653 California cities we track.
How much are property taxes in Calabasas?
The median homeowner in Calabasas pays $10,000+ a year in property taxes, about 0.66% of the median home value.
Is Calabasas more expensive than the national average?
Overall prices in California are 11% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Calabasas?
The median home value in Calabasas is $1,504,500, about 8.4 times the typical yearly household income.
22,669 people live in Calabasas. Numbers are typical (middle) values.