Cheap Apartments for Rent in the Malibu Canyon Neighborhood of Calabasas, CA from $1,700 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Malibu Canyon area of Calabasas.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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5307 Colodny Dr.
1 Bedroom Apartments

5307 Colodny Dr.

5307-5315 Colodny DrAgoura Hills, CA 91301

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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5310 Colodny
3 Bedroom Apartments

5310 Colodny

5310 Colodny DrAgoura Hills, CA 91301
  • Utilities Included

Malibu Canyon, Calabasas, CA Local Guide

Cheapest Available Malibu Canyon Apartments for Rent

 

The cheapest available apartment rental in the Malibu Canyon area of Calabasas, CA is a 1 Bed unit found at Malibu Canyon priced from $2,223. Avalon Calabasas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,407. Here are the most affordable Malibu Canyon apartments for rent in Calabasas, CA:

Apartment ListingModel NameBed/BathPriced From
Malibu CanyonMalibu Premier1BR,1BA$2,223
Avalon Calabasas6481BR,1BA$2,407
5302 Colodny Ave2BR/1.0BA2BR,1BA$2,548

Best Value Apartments for Rent in Malibu Canyon, CA

As of June 18, 2025 the best value apartment in the Malibu Canyon area is the $2.66 price per square foot Santa Monica Model at Versailles in the in the Malibu Canyon neighborhood starting from $2,821. The second greatest value Malibu Canyon apartment is the 1BR/1.5BA Model at 5307 Colodny Dr. starting at $2,598 with a $2.60 price per square foot in the Braemar North Ranch neighborhood. Here is today’s list of the best values for Malibu Canyon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
VersaillesSanta Monica2BR,2BA$2.66
5307 Colodny Dr.1BR/1.5BA1BR,1.5BA$2.60
4030 Prado De La Mariposa, Unit 14030 Prado De La MariposaStudio ,1BA$2.60
Avalon Oak Creek7661BR,1BA$3.64
Avalon Calabasas6551BR,1BA$3.69
Malibu CanyonMalibu Premier1BR,1BA$4.23
6038 Maury Ave, Unit ADU6038 Maury Ave1BR,1BA$5.39

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Pet Friendly Lifestyle
Malibu Canyon, Calabasas, CA

Ranked #6

Among neighborhoods in Calabasas, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Malibu Canyon Apartments

How much is rent for a Cheap One Bedroom Malibu Canyon Apartment?

The lowest price for a Cheap One Bedroom Malibu Canyon Apartment is $2,223 at Malibu Canyon.

What is the lowest price for a Cheap Two Bedroom Malibu Canyon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Malibu Canyon is starting from $2,548 at 5302 Colodny Ave.

What is the most affordable Malibu Canyon Three Bedroom Apartment?

The best deal on a cheap Malibu Canyon Three Bedroom Apartment rental is at Malibu Canyon and starts from $3,655.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.