Average Rent in 90024, Los Angeles, CA

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Current Versus Historical 90024, Los Angeles, CA Rents

90024 rentals average $3,195 for a studio rental to $7,300 for a 4-bedroom rental. The median price of all currently available listings is $5,375, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $115 (5.52%) year-over-year from $2,080 to $2,195. 1-bedroom rentals prices have increased by $2 (0.08%) year-over-year from $2,848 to $2,850. 2-bedroom rentals prices have increased by $142 (3.47%) year-over-year from $4,108 to $4,250. 3-bedroom rentals prices have increased by $2 (0.02%) year-over-year from $6,294 to $6,295. 4-bedroom rentals prices have increased by $400 (4.40%) year-over-year from $9,100 to $9,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 8.16% this month. 1-bedroom rents have gone down by 2.79% this month. 2-bedroom rents have gone down by 4.45% this month. 3-bedroom rents have gone down by 3.51% this month. 4-bedroom rents have gone down by 16.05% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.32 $2,195 $2,080 (5.52%) $1,473 (48.98%)
1 BR $3.61 $2,850 $2,848 (0.08%) $2,432 (17.20%)
2 BR $3.68 $4,250 $4,108 (3.47%) $3,891 (9.23%)
3 BR $3.73 $6,295 $6,294 (0.02%) $5,573 (12.96%)
4+ BR $3.42 $9,500 $9,100 (4.40%) $8,508 (11.67%)

Historical Rents in 90024, Los Angeles, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 90024

There are a total of 18 cities nearby 90024. The average rent in 90024 is currently $4,325 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that Costa Mesa, CA, with an average rent of $2,651, is the most affordable city nearby. In contrast, the most expensive city near 90024, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $30,000 per month.

Let's compare 90024, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 90024, Los Angeles, CA is 37.40% more expensive than other cities nearby. One bedrooms are about 33.59% more expensive. Two bedrooms in 90024, Los Angeles, CA are about 30.13% more expensive. Finally, rent for three bedrooms are about 48.10% more expensive. Want more information? Check out the top 10 cities out of 18 total cities near 90024, Los Angeles, CA in the following chart.
City Studio 1 Bed 2 Bed All
Costa Mesa, CA $2,000 $2,561 $3,299 $2,651
Long Beach, CA $2,300 $2,278 $2,800 $2,775
Glendale, CA $1,995 $2,175 $2,840 $2,930
Santa Clarita, CA N/A $2,380 $2,970 $2,955
Huntington Beach, CA $2,300 $2,738 $3,409 $3,700
Los Angeles, CA $2,000 $2,700 $3,950 $4,400
West Hollywood, CA $2,750 $2,925 $5,400 $4,840
Santa Monica, CA $2,652 $3,150 $5,700 $5,775
Beverly Hills, CA $2,073 $3,400 $5,995 $9,995
Malibu, CA $6,998 $5,950 $8,000 $30,000

Top Neighborhoods Near 90024

There are a total of 17 neighborhoods in or near 90024. Some of these neighborhoods include Historic Cultural, Wilshire Center - Koreatown, and Mesa Verde. We've included all of these top 17 neighborhoods in or near 90024, Los Angeles, CA in the following chart.

The average rent for these 17 neighborhoods in or near 90024, Los Angeles, CA is currently around $4,500 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $4,500. Out of all the neighborhoods in or near 90024, Historic Cultural has the most affordable average rent at $2,423 per month. Whereas, at $19,995 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near 90024. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Historic Cultural, Los Angeles, CA $2,008 $2,370 $3,004 $2,423
Wilshire Center - Koreatown, Los Angeles, CA $1,867 $2,380 $3,090 $2,500
Mesa Verde, Costa Mesa, CA $2,048 $2,575 $3,360 $2,651
Irvine Business Complex, Irvine, CA $2,524 $2,736 $3,842 $3,007
Mid-Town North Hollywood, Los Angeles, CA $2,200 $2,658 $3,181 $3,061
Downtown Los Angeles, Los Angeles, CA $2,145 $2,875 $3,995 $3,200
Westchester-Playa Del Rey, Los Angeles, CA $2,395 $2,972 $3,895 $3,692
Marina del Rey, Los Angeles, CA $2,467 $2,983 $4,019 $3,880
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,342 $3,050 $4,500
Westwood, Los Angeles, CA $3,195 $3,998 $5,000 $5,295
Venice, Los Angeles, CA $2,189 $3,443 $4,913 $5,573
Hollywood Hills West, Los Angeles, CA $1,902 $2,423 $4,268 $5,999
Mid-City West, Los Angeles, CA $1,675 $3,295 $5,750 $6,750
Sherman Oaks, Los Angeles, CA $2,081 $2,056 $3,222 $7,393
Westside, Los Angeles, CA $2,573 $3,750 $12,100 $9,275
Pacific Palisades, Los Angeles, CA N/A $3,198 $6,000 $17,950
Bel Air-Beverly Crest, Los Angeles, CA N/A $3,650 $7,500 $19,995

Top Counties Near 90024

There are a total of 17 counties located by 90024, Los Angeles, CA. Some of these counties include Ventura, CA, Los Angeles, CA, and Orange, CA. The average rent for rentals in these counties is $4,000. That's roughly around $3 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Ventura, CA. It's average rent per month is $3,463. Vice versa, with an average rent of $4,250, Orange, CA is the most expensive county by 90024, Los Angeles, CA.

Typically, rent for studios in 90024, Los Angeles, CA is 37.45% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 90024, Los Angeles, CA is 35.79% more expensive than other counties nearby. Finally, rent for two bedrooms in 90024, Los Angeles, CA is 34.55% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Ventura, CA $1,750 $2,125 $2,995 $3,463
Los Angeles, CA $1,999 $2,569 $3,695 $4,000
Orange, CA $2,050 $2,600 $3,400 $4,250

Top Zipcodes Near 90024

There are a total of 20 zipcodes in or near 90024, Los Angeles, CA. The average rent for all of these zipcodes is $5,148. A total of 10 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92663, Newport Beach, CA at $2,436 per month. In comparison, the zipcode with the most expensive average rent of $25,000 per month is 90265, Los Angeles County, CA.

Studios in these zipcodes have an average rent of $2,025. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 90024, Los Angeles, CA is $2,771 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,430 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in 90024, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
90265, Los Angeles County, CA $6,998 $7,950 $8,248 $25,000
90069, Los Angeles, CA $3,299 $3,250 $6,875 $7,999
92651, Orange County, CA $2,500 $6,800 $7,825 $10,000
92663, Newport Beach, CA $1,906 $2,114 $2,821 $2,436
90046, Los Angeles, CA $1,902 $2,387 $4,400 $6,750
90292, Marina del Rey, CA $2,189 $3,024 $4,119 $3,884
90291, Los Angeles, CA $2,900 $4,995 $5,650 $6,750
92648, Huntington Beach, CA N/A $3,220 $4,459 $4,116
90210, Los Angeles, CA N/A $11,000 $17,000 $25,000
90048, Los Angeles, CA $1,975 $3,295 $5,599 $6,950

Frequently Asked Questions - 90024 Average Rents

What is the average rent price in 90024, Los Angeles, CA?
The average monthly rental price for 90024, Los Angeles, CA apartments for rent is approximately $5,375. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 90024, Los Angeles, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 90024, Los Angeles, CA.
How much is a studio apartment in 90024, Los Angeles, CA?
The average monthly rental price for studio apartments is $3,195 and an average price per square feet of $4.32. There are a total of 3 studio apartment listings currently available for rent in 90024.
How much is a one bedroom apartment in 90024, Los Angeles, CA?
The average monthly rental price for one bedroom apartments is $4,000 and an average price per square feet of $3.61. There are a total of 13 one bedroom apartment listings currently available for rent in 90024.
How much is a two bedroom apartment in 90024, Los Angeles, CA?
The average monthly rental price for two bedroom apartments is $5,195 and an average price per square feet of $3.68. There are a total of 23 two bedroom apartment listings currently available for rent in 90024.
How have rent prices in 90024, Los Angeles, CA changed this year?
Rent prices for rentals in 90024, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in 90024, Los Angeles, CA?
A reasonable rent price in 90024, Los Angeles, CA is around $4,300/month. You can search for these reasonably priced rental listings on RentHop.
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