Average Rent in Greater Wilshire, Los Angeles, CA

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Current Versus Historical Greater Wilshire, Los Angeles, CA Rents

Greater Wilshire rentals average $1,708 for a studio rental to $10,375 for a 4-bedroom rental. The median price of all currently available listings is $4,000, 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 increased by $382 (24.81%) year-over-year from $1,538 to $1,920. 1-bedroom rentals prices have decreased by $87 (-1.80%) year-over-year from $4,825 to $4,738. 2-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $6,361 to $6,361. 3-bedroom rentals prices have decreased by $375 (-7.73%) year-over-year from $4,850 to $4,475. 4-bedroom rentals prices have decreased by $167 (-1.18%) year-over-year from $14,167 to $14,000. 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 14.63% this month. 1-bedroom rents have gone down by 1.03% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 2.35% this month. 4-bedroom rents have gone up by 52.76% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.04	$1,920	$1,538 (24.81%)	$1,962 (-2.12%)
1 BR	$3.69	$4,738	$4,825 (-1.80%)	$3,730 (27.01%)
2 BR	$3.35	$6,361	$6,361 (0.00%)	$4,852 (31.10%)
3 BR	$2.67	$4,475	$4,850 (-7.73%)	$4,208 (6.36%)
4+ BR	$3.44	$14,000	$14,167 (-1.18%)	$8,267 (69.35%)

Historical Rents in Greater Wilshire, Los Angeles, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Greater Wilshire

There are a total of 18 cities nearby Greater Wilshire. The average rent in Greater Wilshire is currently $4,375 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Costa Mesa, CA, with an average rent of $2,705, is the most affordable city nearby. In contrast, the most expensive city near Greater Wilshire, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $30,000 per month.

Let's compare Greater Wilshire, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Greater Wilshire, Los Angeles, CA is 17.86% more affordable than other cities nearby. One bedrooms are about 4.38% more affordable. Two bedrooms in Greater Wilshire, Los Angeles, CA are about 23.08% more expensive. Finally, rent for three bedrooms are about 2.66% more affordable. Want more information? Check out the top 10 cities out of 18 total cities near Greater Wilshire, Los Angeles, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Costa Mesa, CA	$1,990	$2,561	$3,343	$2,705
Long Beach, CA	$2,300	$2,258	$2,800	$2,737
Santa Clarita, CA	N/A	$2,383	$2,965	$2,920
Glendale, CA	$1,995	$2,250	$2,963	$3,045
Huntington Beach, CA	$2,395	$2,680	$3,429	$3,700
Los Angeles, CA	$2,030	$2,700	$3,957	$4,400
West Hollywood, CA	$2,750	$2,895	$5,295	$4,870
Santa Monica, CA	$2,699	$3,173	$5,600	$5,700
Beverly Hills, CA	$2,195	$3,425	$6,048	$9,898
Malibu, CA	$6,998	$8,700	$7,925	$30,000

Top Neighborhoods Near Greater Wilshire

There are a total of 19 neighborhoods in or near Greater Wilshire. Some of these neighborhoods include Historic Cultural, Wilshire Center - Koreatown, and Mesa Verde. We've included all of these top 19 neighborhoods in or near Greater Wilshire, Los Angeles, CA in the following chart.

The average rent for these 19 neighborhoods in or near Greater Wilshire, Los Angeles, CA is currently around $5,295 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $5,295. Interestingly, the neighborhoods' average rent is higher than Greater Wilshire's average rent, which is only $4,000. Out of all the neighborhoods in or near Greater Wilshire, Historic Cultural has the most affordable average rent at $2,530 per month. Whereas, at $19,500 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Greater Wilshire. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Historic Cultural, Los Angeles, CA	$2,050	$2,454	$3,205	$2,530
Wilshire Center - Koreatown, Los Angeles, CA	$1,965	$2,445	$3,102	$2,586
Mesa Verde, Costa Mesa, CA	$2,030	$2,615	$3,400	$2,705
Mid-Town North Hollywood, Los Angeles, CA	$2,200	$2,563	$3,113	$3,050
Downtown Los Angeles, Los Angeles, CA	$2,143	$2,890	$4,600	$3,200
Irvine Business Complex, Irvine, CA	$2,422	$2,767	$3,855	$3,268
Westchester-Playa Del Rey, Los Angeles, CA	$2,272	$2,809	$3,900	$3,695
Marina del Rey, Los Angeles, CA	$2,467	$2,965	$4,004	$3,934
Woodland Hills-Warner Center, Los Angeles, CA	N/A	$2,429	$3,050	$4,500
Westwood, Los Angeles, CA	$3,195	$3,995	$5,000	$5,295
Venice, Los Angeles, CA	$2,365	$3,364	$4,913	$5,400
Brentwood, Los Angeles, CA	$3,025	$2,950	$4,995	$5,750
Hollywood Hills West, Los Angeles, CA	$1,890	$2,449	$4,285	$6,285
Mid-City West, Los Angeles, CA	$1,750	$3,298	$5,750	$6,489
Sherman Oaks, Los Angeles, CA	$2,016	$2,125	$3,300	$7,495
Westside, Los Angeles, CA	$2,595	$3,434	$11,900	$8,200
The Village, Laguna Beach, CA	$3,250	$7,500	$9,000	$8,500
Pacific Palisades, Los Angeles, CA	N/A	$3,198	$6,000	$17,950
Bel Air-Beverly Crest, Los Angeles, CA	N/A	$3,800	$7,500	$19,500

Top Counties Near Greater Wilshire

There are a total of 19 counties located by Greater Wilshire, 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 $4,002. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Ventura, CA. It's average rent per month is $3,500. Vice versa, with an average rent of $4,299, Orange, CA is the most expensive county by Greater Wilshire, Los Angeles, CA.

Typically, rent for studios in Greater Wilshire, Los Angeles, CA is 18.01% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Greater Wilshire, Los Angeles, CA is 0.63% more affordable than other counties nearby. Finally, rent for two bedrooms in Greater Wilshire, Los Angeles, CA is 27.92% 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	$2,160	$2,998	$3,500
Los Angeles, CA	$2,015	$2,551	$3,695	$4,002
Orange, CA	$2,125	$2,599	$3,404	$4,299

Top Zipcodes Near Greater Wilshire

There are a total of 21 zipcodes in or near Greater Wilshire, Los Angeles, CA. The average rent for all of these zipcodes is $5,413. A total of 7 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 $2,249 per month. In comparison, the zipcode with the most expensive average rent of $26,000 per month is 90265, Los Angeles County, CA.

Studios in these zipcodes have an average rent of $2,200. 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 Greater Wilshire, Los Angeles, CA is $2,815 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,500 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Greater Wilshire, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
90028, Los Angeles, CA	$2,050	$2,345	$3,895	$3,151
90048, Los Angeles, CA	$2,200	$3,298	$5,550	$6,500
90069, Los Angeles, CA	$3,299	$2,975	$6,700	$7,995
90046, Los Angeles, CA	$1,890	$2,398	$4,500	$6,900
90017, Los Angeles, CA	$2,038	$2,327	$3,950	$2,850
90068, Los Angeles, CA	N/A	$2,795	$4,998	$9,000
90210, Los Angeles, CA	N/A	$4,500	$15,000	$25,000
90024, Los Angeles, CA	$3,195	$3,998	$5,195	$5,413
90025, Los Angeles, CA	$2,450	$2,637	$3,895	$4,100
90292, Marina del Rey, CA	$2,230	$3,102	$4,059	$3,895

Frequently Asked Questions - Greater Wilshire Average Rents

What is the average rent price in Greater Wilshire, Los Angeles, CA?

The average monthly rental price for Greater Wilshire, Los Angeles, CA apartments for rent is approximately $4,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Greater Wilshire, 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 Greater Wilshire, Los Angeles, CA.

How much is a studio apartment in Greater Wilshire, Los Angeles, CA?

The average monthly rental price for studio apartments is $1,708 and an average price per square feet of $4.04. There are a total of 4 studio apartment listings currently available for rent in Greater Wilshire.

How much is a one bedroom apartment in Greater Wilshire, Los Angeles, CA?

The average monthly rental price for one bedroom apartments is $2,535 and an average price per square feet of $3.69. There are a total of 12 one bedroom apartment listings currently available for rent in Greater Wilshire.

How much is a two bedroom apartment in Greater Wilshire, Los Angeles, CA?

The average monthly rental price for two bedroom apartments is $4,723 and an average price per square feet of $3.35. There are a total of 4 two bedroom apartment listings currently available for rent in Greater Wilshire.

How have rent prices in Greater Wilshire, Los Angeles, CA changed this year?

Rent prices for rentals in Greater Wilshire, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.25%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.08% year-over-year.

What is a reasonable rent price in Greater Wilshire, Los Angeles, CA?

A reasonable rent price in Greater Wilshire, Los Angeles, CA is around $3,200/month. You can search for these reasonably priced rental listings on RentHop.