Rentometer, Inc. | Data as of 10/23/2025
Isla Vista’s rental market reflects its vibrant, college‑town atmosphere and proximity to the Pacific coastline. The community is prized for walkable streets, a lively downtown corridor, and easy access to the University of California Santa Barbara. Students, young professionals, and families alike are drawn to the blend of historic bungalow neighborhoods and modern apartment complexes that line El Colegio Road and surrounding streets. With surf beaches, bike paths, and a thriving local dining scene, the area offers a dynamic lifestyle that supports a diverse range of housing preferences.
Apartment living dominates the market, with one‑bedroom units averaging rents in the $2500s and two‑bedroom options approaching the $3600 range, while larger three‑bedroom apartments also provide competitive pricing. For those seeking more space, single‑family homes are available, and the higher‑end segment commands rents in the $8,000 range, catering to families and groups who value extra bedrooms and private yards close to campus and the town’s amenities. These properties are scattered throughout popular enclaves such as the University District and the historic High Street area, offering convenient access to parks, shops, and public transportation.
Overall, Isla Vista remains a sought‑after rental destination thanks to its coastal charm, strong community vibe, and a balanced mix of apartments and houses that accommodate a variety of budgets and lifestyle needs. Whether renters prioritize a short walk to classes, a lively social scene, or a quiet residential street, the city’s rental inventory provides ample options to match the dynamic rhythm of this iconic California locale.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $2,504 | $2,400 | $1,600 - $3,595 | $1,775 - $3,100 |
| Apartment | 2 Bedroom | $3,631 | $3,625 | $1,300 - $6,295 | $1,490 - $5,990 |
| Apartment | 3 Bedroom | $3,677 | $1,692 | $1,425 - $9,900 | $1,625 - $9,900 |
| House | 3 Bedroom | $8,980 | $8,575 | $7,770 - $11,000 | $8,500 - $11,000 |
| House | 4+ Bedroom | $8,410 | $8,000 | $6,230 - $11,000 | $6,230 - $11,000 |
In the current period, the average rent in Isla Vista was
$2,504 for 1 Bedroom,
$3,631 for 2 Bedroom,
$6,329 for 3 Bedroom, and
$6,363 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.