salaryRent here is among the highest 10% in the country. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 9.5 years of household income, so buying is hard for most locals. Commutes are long, about 32.1 minutes each way. Most homes (75.4%) are owned, so rentals can be hard to find. It is a highly educated city: 68.6% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $140,040 a year. That is $67 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 617 of 653 cities from cheapest to most expensive.
How much do households earn in Malibu?
Share of households by yearly income. 63.4% of households earn $100,000 or more.
Rent by apartment size in Malibu
| Size | Malibu | U.S. average |
|---|---|---|
| Studio | $3,070 | $1,338 |
| 1 bedroom | $3,500+ | $1,324 |
| 2 bedrooms | $3,500+ | $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 Malibu 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 Malibu, so the California figure is shown.
Taxes and bills in Malibu
Life in Malibu
Is it cheaper to rent or buy in Malibu?
Renting is cheaper right now: about $10,376 a month less.
Owning assumes a typical $2,000,000+ home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $200,000 for the down payment.
Frequently asked questions
What is the average rent in Malibu, CA?
Renting in Malibu costs a median of about $3,500+ a month in 2026, including utilities. The California median is $2,357.
How much do I need to make to live in Malibu?
To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.
Is Malibu cheap or expensive?
Malibu is rated OK: rent takes 20.0% of the typical household income of $209,683. It ranks 617th cheapest of 653 California cities we track.
How much are property taxes in Malibu?
The median homeowner in Malibu pays $10,000+ a year in property taxes, about 0.50% of the median home value.
Is Malibu 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 Malibu?
The median home value in Malibu is $2,000,000+, about 9.5 times the typical yearly household income.
10,421 people live in Malibu. Numbers are typical (middle) values.