Average Rent in Los Angeles, CA

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Current Versus Historical Los Angeles, CA Rents

Los Angeles rentals average $1,995 for a studio rental to $14,000 for a 4-bedroom rental. The median price of all currently available listings is $4,300, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $1 (-0.06%) year-over-year from $1,600 to $1,599. 1-bedroom rentals prices have decreased by $300 (-12.00%) year-over-year from $2,500 to $2,200. 2-bedroom rentals prices have decreased by $218 (-6.40%) year-over-year from $3,413 to $3,195. 3-bedroom rentals prices have decreased by $7 (-0.14%) year-over-year from $4,729 to $4,723. 4-bedroom rentals prices have increased by $1,376 (19.31%) year-over-year from $7,124 to $8,500. 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 1.01% this month. 1-bedroom rents have gone down by 4.28% this month. 2-bedroom rents have gone down by 0.93% this month. 3-bedroom rents have gone up by 2.13% this month. 4-bedroom rents have gone up by 15.97% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.14 $1,599 $1,600 (-0.06%) $1,717 (-6.88%)
1 BR $3.61 $2,200 $2,500 (-12.00%) $1,809 (21.64%)
2 BR $3.47 $3,195 $3,413 (-6.40%) $2,762 (15.69%)
3 BR $3.44 $4,723 $4,729 (-0.14%) $4,072 (15.98%)
4+ BR $4.06 $8,500 $7,124 (19.31%) $6,825 (24.54%)

Historical Rents in Los Angeles, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Los Angeles

There are a total of 16 cities nearby Los Angeles. The average rent in Los Angeles is currently $4,400 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 $2,660, is the most affordable city nearby. In contrast, the most expensive city near Los Angeles, CA is Malibu, CA. Monthly rents here are on average $29,500 per month.

Let's compare Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Los Angeles, CA is 1.94% more affordable than other cities nearby. One bedrooms are about 0.24% more affordable. Two bedrooms in Los Angeles, CA are about 8.46% more expensive. Finally, rent for three bedrooms are about 9.48% more expensive. Want more information? Check out the top 10 cities out of 16 total cities near Los Angeles, CA in the following chart.
City Studio 1 Bed 2 Bed All
Costa Mesa, CA $1,975 $2,488 $3,233 $2,660
Lancaster, CA N/A $1,200 $2,100 $2,750
Long Beach, CA $1,995 $2,200 $2,800 $2,757
Santa Clarita, CA N/A $2,400 $2,950 $2,905
Glendale, CA $2,116 $2,100 $2,963 $2,963
Huntington Beach, CA $2,100 $2,809 $3,404 $3,700
West Hollywood, CA $2,750 $3,100 $5,725 $5,245
Santa Monica, CA $2,584 $3,073 $5,838 $5,975
Beverly Hills, CA $2,073 $3,400 $6,048 $10,750
Malibu, CA $6,998 $5,950 $8,000 $29,500

Top Neighborhoods Near Los Angeles

There are a total of 17 neighborhoods in or near Los Angeles. 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 Los Angeles, CA in the following chart.

The average rent for these 17 neighborhoods in or near Los Angeles, CA is currently around $4,475 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $4,475. Interestingly, the neighborhoods' average rent is higher than Los Angeles's average rent, which is only $4,300. Out of all the neighborhoods in or near Los Angeles, Historic Cultural has the most affordable average rent at $2,438 per month. Whereas, at $19,995 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Los Angeles. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Historic Cultural, Los Angeles, CA $1,977 $2,400 $2,989 $2,438
Wilshire Center - Koreatown, Los Angeles, CA $1,854 $2,347 $2,939 $2,440
Mesa Verde, Costa Mesa, CA $2,073 $2,597 $3,294 $2,660
Mid-Town North Hollywood, Los Angeles, CA $2,200 $2,625 $2,998 $2,992
Irvine Business Complex, Irvine, CA $2,513 $2,719 $3,842 $3,027
Downtown Los Angeles, Los Angeles, CA $2,150 $2,870 $3,988 $3,204
Westchester-Playa Del Rey, Los Angeles, CA $2,315 $3,029 $3,900 $3,640
Marina del Rey, Los Angeles, CA $2,448 $2,997 $4,067 $3,865
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,335 $3,050 $4,475
Westwood, Los Angeles, CA $3,195 $3,995 $5,098 $5,200
Venice, Los Angeles, CA $2,169 $3,426 $4,700 $5,475
Hollywood Hills West, Los Angeles, CA $1,882 $2,474 $4,268 $6,775
Mid-City West, Los Angeles, CA $1,675 $3,266 $6,195 $6,850
Sherman Oaks, Los Angeles, CA $2,106 $2,021 $3,230 $7,495
Westside, Los Angeles, CA $2,573 $6,309 $12,100 $9,350
Pacific Palisades, Los Angeles, CA N/A $3,198 $6,000 $17,900
Bel Air-Beverly Crest, Los Angeles, CA N/A $3,800 $6,250 $19,995

Top Counties Near Los Angeles

There are a total of 17 counties located by 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 $3,475. Vice versa, with an average rent of $4,300, Orange, CA is the most expensive county by Los Angeles, CA.

Typically, rent for studios in Los Angeles, CA is on par with the other counties nearby. In comparison, rent for one bedroom listings in Los Angeles, CA is 5.66% more expensive than other counties nearby. Finally, rent for two bedrooms in Los Angeles, CA is 14.14% 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 $1,750 $2,125 $2,995 $3,475
Los Angeles, CA $1,995 $2,500 $3,687 $4,000
Orange, CA $2,047 $2,600 $3,400 $4,300

Top Zipcodes Near Los Angeles

There are a total of 21 zipcodes in or near Los Angeles, CA. The average rent for all of these zipcodes is $5,375. A total of 9 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 $2,475 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 $1,975. 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 Los Angeles, CA is $2,761 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 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 $7,500 $8,248 $25,000
92651, Orange County, CA $2,500 $5,900 $7,750 $10,000
90069, Los Angeles, CA $3,299 $4,500 $6,900 $8,475
92663, Newport Beach, CA $1,885 $2,121 $2,765 $2,475
90046, Los Angeles, CA $1,882 $2,524 $4,500 $6,888
90292, Marina del Rey, CA $2,166 $3,011 $4,190 $3,895
90291, Los Angeles, CA $2,900 $4,845 $5,875 $6,750
92648, Huntington Beach, CA N/A $3,199 $4,450 $3,999
90210, Los Angeles, CA N/A $11,000 $17,250 $25,000
90048, Los Angeles, CA $1,975 $3,295 $6,468 $7,200

Frequently Asked Questions - Los Angeles Average Rents

What is the average rent price in Los Angeles, CA?
The average monthly rental price for Los Angeles, CA apartments for rent is approximately $4,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Los Angeles, CA.
How much is a studio apartment in Los Angeles, CA?
The average monthly rental price for studio apartments is $1,995 and an average price per square feet of $4.14. There are a total of 164 studio apartment listings currently available for rent in Los Angeles.
How much is a one bedroom apartment in Los Angeles, CA?
The average monthly rental price for one bedroom apartments is $2,650 and an average price per square feet of $3.61. There are a total of 535 one bedroom apartment listings currently available for rent in Los Angeles.
How much is a two bedroom apartment in Los Angeles, CA?
The average monthly rental price for two bedroom apartments is $3,960 and an average price per square feet of $3.47. There are a total of 715 two bedroom apartment listings currently available for rent in Los Angeles.
How have rent prices in Los Angeles, CA changed this year?
Rent prices for rentals in Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in Los Angeles, CA?
A reasonable rent price in Los Angeles, CA is around $3,440/month. You can search for these reasonably priced rental listings on RentHop.
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