Average Rent in Financial District, Los Angeles, CA

Home » CA » Los Angeles » Financial District

Current Versus Historical Financial District, Los Angeles, CA Rents

Financial District rentals average $1,925 for a studio rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $2,355, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $355 (-16.68%) year-over-year from $2,127 to $1,772. 1-bedroom rentals prices have decreased by $116 (-4.81%) year-over-year from $2,413 to $2,297. 2-bedroom rentals prices have decreased by $444 (-11.25%) year-over-year from $3,944 to $3,500. 3-bedroom rentals prices have decreased by $1,654 (-8.63%) year-over-year from $19,173 to $17,519. 4-bedroom rentals prices have decreased by $2,603 (-10.98%) year-over-year from $23,699 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 9.16% this month. 1-bedroom rents have gone up by 1.55% this month. 2-bedroom rents have gone up by 6.76% 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	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.42	$1,772	$2,127 (-16.68%)	$2,061 (-14.02%)
1 BR	$3.32	$2,297	$2,413 (-4.81%)	$2,657 (-13.54%)
2 BR	$2.87	$3,500	$3,944 (-11.25%)	$3,699 (-5.38%)

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 14 cities nearby Financial District. The average rent in Financial District is currently $5,250 per month. Our records show that Costa Mesa, CA, with an average rent of $2,706, 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 16.86% more affordable than other cities nearby. One bedrooms are about 15.73% more affordable. Two bedrooms in Financial District, Los Angeles, CA are about 17.24% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 14 total cities near Financial District, Los Angeles, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Costa Mesa, CA	$2,019	$2,573	$3,265	$2,706
Long Beach, CA	$2,300	$2,275	$3,190	$2,775
Huntington Beach, CA	$2,299	$2,680	$3,412	$3,542
Irvine, CA	$2,406	$2,765	$3,832	$4,350
Los Angeles, CA	$2,200	$2,885	$4,009	$4,800
Santa Monica, CA	$2,642	$3,195	$5,500	$5,700
West Hollywood, CA	$3,299	$3,500	$6,240	$6,373
Newport Beach, CA	$1,897	$2,098	$4,198	$6,500
Beverly Hills, CA	$2,195	$3,623	$5,998	$10,999
Malibu, CA	$6,998	$8,700	$7,850	$30,000

Top Neighborhoods Near Financial District

There are a total of 15 neighborhoods in or near Financial District. Some of these neighborhoods include Historic Cultural, Wilshire Center - Koreatown, and Irvine Business Complex. We've included all of these top 15 neighborhoods in or near Financial District, Los Angeles, CA in the following chart.

The average rent for these 15 neighborhoods in or near Financial District, Los Angeles, CA is currently around $5,448 per month. Meaning, only fifteen neighborhoods have a higher average rent than $5,448. Interestingly, the neighborhoods' average rent is higher than Financial District's average rent, which is only $2,355. Out of all the neighborhoods in or near Financial District, Historic Cultural has the most affordable average rent at $2,485 per month. Whereas, at $18,500 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Financial District. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Historic Cultural, Los Angeles, CA	$1,981	$2,339	$3,268	$2,485
Wilshire Center - Koreatown, Los Angeles, CA	$2,190	$2,361	$3,215	$2,768
Irvine Business Complex, Irvine, CA	$2,414	$2,765	$3,945	$3,295
Downtown Los Angeles, Los Angeles, CA	$2,250	$2,898	$4,648	$3,425
Westchester-Playa Del Rey, Los Angeles, CA	$2,370	$2,926	$3,900	$3,645
Marina del Rey, Los Angeles, CA	$2,467	$2,899	$4,031	$3,934
Woodland Hills-Warner Center, Los Angeles, CA	N/A	$2,454	$3,025	$4,300
Venice, Los Angeles, CA	$2,230	$3,319	$4,909	$5,448
Westwood, Los Angeles, CA	$3,295	$3,998	$5,295	$5,450
Mid-City West, Los Angeles, CA	$2,250	$3,298	$5,800	$6,650
Hollywood Hills West, Los Angeles, CA	$2,200	$2,489	$4,293	$6,850
The Village, Laguna Beach, CA	$2,800	$7,500	$9,000	$7,800
Westside, Los Angeles, CA	$2,600	$3,750	$11,900	$8,450
Sherman Oaks, Los Angeles, CA	$1,956	$2,110	$3,500	$9,500
Bel Air-Beverly Crest, Los Angeles, CA	N/A	$3,650	$7,500	$18,500

Top Counties Near Financial District

There are a total of 15 counties located by Financial District, Los Angeles, CA. Some of these counties include Ventura, CA, Orange, CA, and Los Angeles, CA. The average rent for rentals in these counties is $4,300. That's roughly around $3 per sqft. The county that is the most affordable is Ventura, CA. It's average rent per month is $4,300. Vice versa, with an average rent of $4,500, Los Angeles, CA is the most expensive county by Financial District, Los Angeles, CA.

Typically, rent for studios in Financial District, Los Angeles, CA is 14.29% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Financial District, Los Angeles, CA is 10.05% more affordable than other counties nearby. Finally, rent for two bedrooms in Financial District, Los Angeles, CA is 0.14% 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	N/A	$2,500	$3,495	$4,300
Orange, CA	$2,200	$2,589	$3,412	$4,300
Los Angeles, CA	$2,200	$2,700	$3,800	$4,500

Top Zipcodes Near Financial District

There are a total of 18 zipcodes in or near Financial District, Los Angeles, CA. The average rent for all of these zipcodes is $6,245.

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	$3,175	$4,998	$9,450
90048, Los Angeles, CA	$2,200	$3,300	$5,500	$6,600
90046, Los Angeles, CA	$2,109	$2,500	$5,800	$7,500
90069, Los Angeles, CA	$6,650	$3,995	$6,700	$8,745
90210, Los Angeles, CA	N/A	$4,500	$12,400	$24,000
90024, Los Angeles, CA	$3,295	$4,000	$5,285	$5,523
90292, Marina del Rey, CA	$2,230	$3,091	$4,096	$3,879
90291, Los Angeles, CA	$2,900	$5,123	$5,875	$6,800
90049, Los Angeles, CA	$3,375	$3,295	$5,295	$6,495
92648, Huntington Beach, CA	$2,349	$2,799	$4,495	$4,369

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 $2,355. 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 $1,925 and an average price per square feet of $3.42. There are a total of 5 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 $2,353 and an average price per square feet of $3.32. There are a total of 4 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 $3,500 and an average price per square feet of $2.87. There are a total of 5 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 -0.17%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by -0.11%, and three bedroom rental prices have changed by -0.09% 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 $1,884/month. You can search for these reasonably priced rental listings on RentHop.