Average Rent in Los Angeles, CA

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Current Versus Historical Los Angeles, CA Rents

Los Angeles rentals average $2,070 for a studio rental to $13,973 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 February 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $14 (0.87%) year-over-year from $1,582 to $1,596. 1-bedroom rentals prices have decreased by $258 (-10.28%) year-over-year from $2,508 to $2,250. 2-bedroom rentals prices have decreased by $200 (-5.88%) year-over-year from $3,400 to $3,200. 3-bedroom rentals prices have increased by $118 (2.55%) year-over-year from $4,632 to $4,750. 4-bedroom rentals prices have increased by $950 (13.97%) year-over-year from $6,800 to $7,750. 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 2.09% this month. 1-bedroom rents have gone down by 5.20% this month. 2-bedroom rents have gone down by 2.34% this month. 3-bedroom rents have gone up by 1.87% this month. 4-bedroom rents have gone up by 16.54% this month.
Beds
Price / Sqft
Feb 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.18 $1,596 $1,582 (0.87%) $1,565 (1.94%)
1 BR $3.64 $2,250 $2,508 (-10.28%) $1,798 (25.12%)
2 BR $3.37 $3,200 $3,400 (-5.88%) $2,712 (17.98%)
3 BR $3.47 $4,750 $4,632 (2.55%) $4,133 (14.93%)
4+ BR $4.03 $7,750 $6,800 (13.97%) $5,924 (30.82%)

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 17 cities nearby Los Angeles. The average rent in Los Angeles is currently $4,473 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 $2,685, 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 6.04% more affordable than other cities nearby. One bedrooms are about 9.46% more affordable. Two bedrooms in Los Angeles, CA are about 6.74% more affordable. Finally, rent for three bedrooms are about 11.02% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near Los Angeles, CA in the following chart.
City Studio 1 Bed 2 Bed All
Santa Clarita, CA $2,372 $2,330 $2,750 $2,794
Long Beach, CA $1,990 $2,270 $2,910 $2,800
Glendale, CA $2,122 $2,456 $3,000 $3,057
Huntington Beach, CA $2,600 $2,854 $4,500 $4,199
Thousand Oaks, CA N/A $2,450 $2,989 $4,200
Redondo Beach, CA $2,423 $2,748 $3,995 $4,473
Santa Monica, CA $2,494 $3,195 $5,200 $5,000
West Hollywood, CA $2,450 $3,273 $5,430 $5,223
Beverly Hills, CA $2,195 $3,450 $5,448 $11,500
Malibu, CA $6,048 $6,500 $6,998 $29,500

Top Neighborhoods Near Los Angeles

There are a total of 15 neighborhoods in or near Los Angeles. Some of these neighborhoods include Historic Cultural, Wilshire Center - Koreatown, and Mid-Town North Hollywood. We've included all of these top 15 neighborhoods in or near Los Angeles, CA in the following chart.

The average rent for these 15 neighborhoods in or near Los Angeles, CA is currently around $4,500 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $4,500. 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 $2,323 per month. Whereas, at $19,950 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 $2,058 $2,334 $3,001 $2,323
Wilshire Center - Koreatown, Los Angeles, CA $1,842 $2,399 $2,995 $2,435
Mid-Town North Hollywood, Los Angeles, CA $2,200 $2,245 $3,150 $3,027
Downtown Los Angeles, Los Angeles, CA $2,265 $2,758 $4,675 $3,200
Irvine Business Complex, Irvine, CA $2,452 $2,812 $3,564 $3,398
Marina del Rey, Los Angeles, CA $2,522 $3,225 $3,893 $3,835
Westchester-Playa Del Rey, Los Angeles, CA $2,435 $2,841 $4,000 $3,998
Woodland Hills-Warner Center, Los Angeles, CA $1,961 $2,250 $3,148 $4,500
Sherman Oaks, Los Angeles, CA $2,018 $2,051 $3,545 $5,498
Venice, Los Angeles, CA $2,178 $3,176 $5,450 $5,895
Westwood, Los Angeles, CA $3,195 $3,995 $5,895 $5,973
Hollywood Hills West, Los Angeles, CA $2,151 $2,132 $5,000 $6,373
Mid-City West, Los Angeles, CA $2,981 $4,194 $6,240 $6,850
Encino, Los Angeles, CA N/A $2,494 $2,972 $7,748
Bel Air-Beverly Crest, Los Angeles, CA N/A $4,175 $6,926 $19,950

Top Counties Near Los Angeles

There are a total of 15 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 $3,995. 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 $3,499. Vice versa, with an average rent of $4,200, Orange, CA is the most expensive county by Los Angeles, CA.

Typically, rent for studios in Los Angeles, CA is 1.64% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Los Angeles, CA is 2.46% more expensive than other counties nearby. Finally, rent for two bedrooms in Los Angeles, CA is 9.25% 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 $1,798 $2,100 $2,800 $3,499
Los Angeles, CA $2,044 $2,500 $3,500 $3,995
Orange, CA $2,036 $2,508 $3,400 $4,200

Top Zipcodes Near Los Angeles

There are a total of 22 zipcodes in or near Los Angeles, CA. The average rent for all of these zipcodes is $5,199. 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 $2,173 per month. In comparison, the zipcode with the most expensive average rent of $21,995 per month is 90265, Los Angeles County, CA.

Studios in these zipcodes have an average rent of $2,168. That's at least $5 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 $3,042 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,787 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 $6,048 $7,000 $6,995 $21,995
92651, Orange County, CA $2,295 $6,650 $7,500 $10,700
90069, Los Angeles, CA $5,950 $3,750 $7,395 $10,000
92663, Newport Beach, CA $1,916 $2,157 $2,791 $2,173
90046, Los Angeles, CA $2,151 $2,700 $5,400 $6,850
90292, Marina del Rey, CA $2,178 $3,122 $4,500 $3,887
90291, Los Angeles, CA $2,248 $3,998 $6,050 $6,775
92648, Huntington Beach, CA N/A $3,300 $4,823 $4,723
90210, Los Angeles, CA N/A $11,000 $8,500 $21,000
90048, Los Angeles, CA $3,069 $3,800 $6,305 $6,240

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 $2,070 and an average price per square feet of $4.18. There are a total of 187 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 $2,563 and an average price per square feet of $3.64. There are a total of 537 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 $3,747 and an average price per square feet of $3.37. There are a total of 770 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 0.01%, one bedroom rental prices have changed by -0.10%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.03% 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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