Average Rent in Financial District, Los Angeles, CA

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Current Versus Historical Financial District, Los Angeles, CA Rents

Financial District rentals average $1,963 for a studio rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $2,135, or roughly $3 per square feet.

For the apartment units and housing in June 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $84 (-4.15%) year-over-year from $2,014 to $1,930. 1-bedroom rentals prices have decreased by $183 (-7.35%) year-over-year from $2,485 to $2,302. 2-bedroom rentals prices have decreased by $1,284 (-33.40%) year-over-year from $3,844 to $2,560. 3-bedroom rentals prices have decreased by $1,241 (-6.61%) year-over-year from $18,760 to $17,519. 4-bedroom rentals prices have decreased by $1,952 (-8.47%) year-over-year from $23,048 to $21,096. 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 down by 3.25% this month. 1-bedroom rents have gone up by 0.29% this month. 2-bedroom rents have gone down by 10.90% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.31	$1,930	$2,014 (-4.15%)	$2,323 (-16.90%)
1 BR	$2.98	$2,302	$2,485 (-7.35%)	$2,814 (-18.19%)
2 BR	$2.73	$2,560	$3,844 (-33.40%)	$3,077 (-16.81%)

Historical Rents in Financial District, Los Angeles, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Financial District

There are a total of 15 cities nearby Financial District. The average rent in Financial District is currently $4,800 per month. Our records show that Costa Mesa, CA, with an average rent of $2,755, is the most affordable city nearby. In contrast, the most expensive city near Financial District, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $30,000 per month.

Let's compare Financial District, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Financial District, Los Angeles, CA is 16.48% more affordable than other cities nearby. One bedrooms are about 29.59% more affordable. Two bedrooms in Financial District, Los Angeles, CA are about 45.86% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 15 total cities near Financial District, Los Angeles, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Costa Mesa, CA	$2,112	$2,584	$3,305	$2,755
Long Beach, CA	$2,375	$2,220	$2,965	$2,875
Glendale, CA	$2,286	$2,300	$3,275	$3,051
Huntington Beach, CA	$2,399	$2,820	$3,423	$3,949
Los Angeles, CA	$2,244	$2,800	$4,030	$4,800
Santa Monica, CA	$2,532	$3,400	$6,000	$5,750
West Hollywood, CA	$3,720	$4,133	$6,300	$6,205
Newport Beach, CA	$1,951	$2,207	$5,133	$7,495
Beverly Hills, CA	$2,195	$3,873	$5,950	$11,000
Malibu, CA	$6,998	$7,150	$7,850	$30,000

Top Neighborhoods Near Financial District

There are a total of 16 neighborhoods in or near Financial District. Some of these neighborhoods include Mesa Verde, Wilshire Center - Koreatown, and Downtown Los Angeles. We've included all of these top 16 neighborhoods in or near Financial District, Los Angeles, CA in the following chart.

The average rent for these 16 neighborhoods in or near Financial District, Los Angeles, CA is currently around $5,074 per month. Meaning, only sixteen neighborhoods have a higher average rent than $5,074. Interestingly, the neighborhoods' average rent is higher than Financial District's average rent, which is only $2,135. Out of all the neighborhoods in or near Financial District, Mesa Verde has the most affordable average rent at $2,689 per month. Whereas, at $19,250 average rent per month, Pacific Palisades is the most expensive neighborhood in or near Financial District. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Mesa Verde, Costa Mesa, CA	$2,104	$2,631	$3,398	$2,689
Wilshire Center - Koreatown, Los Angeles, CA	$2,125	$2,765	$3,296	$2,765
Downtown Los Angeles, Los Angeles, CA	$2,250	$2,895	$4,190	$3,208
Irvine Business Complex, Irvine, CA	$2,421	$2,799	$3,818	$3,513
Westchester-Playa Del Rey, Los Angeles, CA	$2,427	$2,792	$3,895	$3,815
Marina del Rey, Los Angeles, CA	$2,501	$2,946	$4,247	$4,069
Woodland Hills-Warner Center, Los Angeles, CA	$2,200	$2,410	$3,171	$4,095
Venice, Los Angeles, CA	$2,296	$3,101	$4,154	$4,500
Westwood, Los Angeles, CA	$3,295	$3,695	$5,450	$5,648
Mid-City West, Los Angeles, CA	$2,300	$3,298	$5,625	$6,500
Westside, Los Angeles, CA	N/A	$2,695	$6,350	$7,295
Sherman Oaks, Los Angeles, CA	$1,946	$2,168	$3,450	$8,275
Hollywood Hills West, Los Angeles, CA	$1,911	$2,407	$4,285	$8,450
Brentwood, Los Angeles, CA	$3,175	$3,095	$5,245	$8,500
Bel Air-Beverly Crest, Los Angeles, CA	N/A	$4,150	$9,350	$19,248
Pacific Palisades, Los Angeles, CA	N/A	N/A	$6,450	$19,250

Top Counties Near Financial District

There are a total of 16 counties located by Financial District, Los Angeles, CA. Some of these counties include Orange, CA, Los Angeles, CA, and Ventura, CA. The average rent for rentals in these counties is $4,500. That's roughly around $3 per sqft. The county that is the most affordable is Orange, CA. It's average rent per month is $4,300. Vice versa, with an average rent of $4,500, Ventura, CA is the most expensive county by Financial District, Los Angeles, CA.

Typically, rent for studios in Financial District, Los Angeles, CA is 12.10% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Financial District, Los Angeles, CA is 20.87% more affordable than other counties nearby. Finally, rent for two bedrooms in Financial District, Los Angeles, CA is 26.70% more affordable than other counties nearby. We've listed the top 3 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Orange, CA	$2,200	$2,600	$3,450	$4,300
Los Angeles, CA	$2,250	$2,666	$3,882	$4,500
Ventura, CA	$2,148	$2,375	$3,500	$4,500

Top Zipcodes Near Financial District

There are a total of 20 zipcodes in or near Financial District, Los Angeles, CA. The average rent for all of these zipcodes is $5,574.

The following chart includes the top 10 zipcodes in Financial District, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
90068, Los Angeles, CA	N/A	$2,495	$7,000	$10,500
90048, Los Angeles, CA	$2,448	$3,385	$4,750	$6,500
90046, Los Angeles, CA	$1,944	$2,395	$5,900	$8,000
90069, Los Angeles, CA	$4,360	$4,840	$6,800	$8,900
90210, Los Angeles, CA	N/A	$9,025	$17,250	$25,000
90024, Los Angeles, CA	$3,295	$3,695	$5,413	$5,648
90025, Los Angeles, CA	N/A	$2,495	$4,350	$5,048
90292, Marina del Rey, CA	$2,284	$3,002	$4,140	$3,924
90291, Los Angeles, CA	$2,900	$6,325	$5,200	$6,985
90049, Los Angeles, CA	$3,175	$2,995	$5,848	$8,500

Frequently Asked Questions - Financial District Average Rents

What is the average rent price in Financial District, Los Angeles, CA?

The average monthly rental price for Financial District, Los Angeles, CA apartments for rent is approximately $2,135. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Financial District, 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 Financial District, Los Angeles, CA.

How much is a studio apartment in Financial District, Los Angeles, CA?

The average monthly rental price for studio apartments is $1,963 and an average price per square feet of $3.31. There are a total of 6 studio apartment listings currently available for rent in Financial District.

How much is a one bedroom apartment in Financial District, Los Angeles, CA?

The average monthly rental price for one bedroom apartments is $2,151 and an average price per square feet of $2.98. There are a total of 6 one bedroom apartment listings currently available for rent in Financial District.

How much is a two bedroom apartment in Financial District, Los Angeles, CA?

The average monthly rental price for two bedroom apartments is $2,763 and an average price per square feet of $2.73. There are a total of 4 two bedroom apartment listings currently available for rent in Financial District.

How have rent prices in Financial District, Los Angeles, CA changed this year?

Rent prices for rentals in Financial District, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by -0.33%, and three bedroom rental prices have changed by -0.07% year-over-year.

What is a reasonable rent price in Financial District, Los Angeles, CA?

A reasonable rent price in Financial District, Los Angeles, CA is around $1,708/month. You can search for these reasonably priced rental listings on RentHop.