Novato, California is a part of the North Marin Submarket submarket area, and contains 5 zip codes: 94949, 94998, 94947, 94945, and 94948.
The 2019 average effective rent for Class A, B, and C apartments in the Novato, CA submarket area was $2,401, which is 18.39% higher than 2014 average rent. This represents a compounded annual growth rate of 3.43%. 2019 vacancy in Novato, CA was 2.50%.
The total population of the city of Novato, CA has grown 7.23% since 2010. As of 2018, the population was 55,655. The median household income of the Novato was $96,743, which is 60.45% higher than the national average.