Calabasas rental-registration update: average apartment rent up 2.64% to $3,133 in 2025

City staff presented the Calabasas rental registration program update on Feb. 25, reporting a citywide average apartment rent of $3,133 for 2025 — an increase of $81, or roughly 2.64%, from the 2024 average of $3,052.

Jacqueline Rucker‑Viel, who delivered the update, said the registration program (adopted in 2004) applies to owners who rent four or more residential units. The city currently records 1,476 apartment units, 35 registered condos or individually owned rental units, and 210 mobile‑home spaces. Staff compared Calabasas data with the USC Casden forecast for LA County and noted that Calabasas’ average rent is close to the coastal communities’ average cited in that report.

Staff outlined three subsidized/housing programs: a rental assistance program that provides $303 per month to up to 50 participants (primarily seniors and persons with permanent disabilities earning ≤80% of the LA County area median income), three affordable properties (Canyon Creek, Avanti and Paxton) averaging $1,289/month, and a CDBG Residential Rehabilitation Program that helps roughly two to three households at a time.

Council members asked follow‑up questions about registration enforcement, how the city identifies owners who should register (complaints and GIS owner lookups are the principal methods), and how ADUs and converted houses are treated. Staff said enforcement has largely depended on complaint‑driven referrals and code‑enforcement contacts, and that the city will continue outreach to owners and retailers where grant funding supports education.

The report was received and filed; staff recommended no immediate changes to the program but noted the city monitors regional rent trends and compliance.