Cheap Homes for Rent in Malibu Canyon Neighborhood of Calabasas, CA from $1,600 (7 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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.

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 5302 Colodny Ave priced from $2,148. Malibu Canyon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,350. Here are the most affordable Malibu Canyon apartments for rent in Calabasas, CA:

Apartment ListingModel NameBed/BathPriced From
5302 Colodny Ave1BR/1.0BA1BR,1BA$2,148
Malibu CanyonMalibu Premier1BR,1BA$2,350
Avalon Calabasas6801BR,1BA$2,360

Best Value Apartments for Rent in Malibu Canyon, CA

As of December 25, 2025 the best value apartment in the Malibu Canyon area is the $2.88 price per square foot 1BR/1.0BA Model at 5302 Colodny Ave in the in the Braemar North Ranch neighborhood starting from $2,148. The second greatest value Malibu Canyon apartment is the 648 Model at Avalon Calabasas starting at $2,395 with a $3.70 price per square foot in the East Agoura 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.
5302 Colodny Ave1BR/1.0BA1BR,1BA$2.88
Avalon Calabasas6481BR,1BA$3.70
Malibu CanyonMalibu Premier1BR,1BA$4.48
6038 Maury Ave, Unit ADU6038 Maury Ave1BR,1BA$5.20

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Malibu Canyon, Calabasas, CA

Ranked #8

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Malibu Canyon

What type of rentals are currently available in Malibu Canyon?

There are currently 18 Apartments for Rent in Malibu Canyon, CA with pricing that ranges from $2,148 to $3,817. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Malibu Canyon ranging from $1,600 to $95,000.

What is the current price range for Rental Homes in Malibu Canyon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Malibu Canyon ranges from $1,600 to $95,000 with an average monthly rent of $15,850.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!