Average Rent in Los Angeles, CA

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Current Versus Historical Los Angeles, CA Rents

Los Angeles rentals average $1,695 for a studio rental to $9,000 for a 4-bedroom rental. The median price of all currently available listings is $3,397, or roughly $41 per square feet.
For the apartment units and housing in March 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $353 (-17.61%) year-over-year from $2,003 to $1,650. 1-bedroom rentals prices have decreased by $121 (-4.82%) year-over-year from $2,516 to $2,395. 2-bedroom rentals prices have increased by $250 (7.72%) year-over-year from $3,240 to $3,490. 3-bedroom rentals prices have increased by $352 (7.82%) year-over-year from $4,498 to $4,850. 4-bedroom rentals prices have increased by $1,745 (27.92%) year-over-year from $6,250 to $7,995. 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 2.92% this month. 1-bedroom rents have gone down by 1.84% this month. 2-bedroom rents have gone up by 2.25% this month. 3-bedroom rents have gone up by 2.83% this month. 4-bedroom rents have gone up by 15.34% this month.
Beds
Price / Sqft
Mar 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $46 $1,650 $2,003 (-17.61%) $1,398 (18.00%)
1 BR $41 $2,395 $2,516 (-4.82%) $1,798 (33.18%)
2 BR $39 $3,490 $3,240 (7.72%) $2,765 (26.22%)
3 BR $39 $4,850 $4,498 (7.82%) $3,913 (23.94%)
4+ BR $42 $7,995 $6,250 (27.92%) $5,816 (37.47%)

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 27 cities nearby Los Angeles. The average rent in Los Angeles is currently $3,494 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $1,795, 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 $25,000 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 14.42% more affordable than other cities nearby. One bedrooms are about 2.84% more affordable. Two bedrooms in Los Angeles, CA are about 12.28% more expensive. Finally, rent for three bedrooms are about 12.05% more expensive. Want more information? Check out the top 10 cities out of 27 total cities near Los Angeles, CA in the following chart.
City Studio 1 Bed 2 Bed All
Hawthorne, CA $1,475 $1,700 $2,985 $1,795
Inglewood, CA $1,523 $1,895 $2,295 $2,096
Alhambra, CA $1,563 $1,995 $2,300 $2,249
Pasadena, CA $1,700 $2,075 $2,573 $2,495
Glendale, CA $1,600 $1,995 $2,948 $2,566
Burbank, CA $1,948 $2,150 $2,973 $2,950
West Hollywood, CA $2,098 $2,700 $5,425 $4,500
Santa Monica, CA $1,923 $3,275 $4,975 $4,773
Beverly Hills, CA $2,847 $3,423 $5,250 $5,798
Hermosa Beach, CA $2,150 $2,998 $5,250 $6,250

Top Neighborhoods Near Los Angeles

There are a total of 45 neighborhoods in or near Los Angeles. Some of these neighborhoods include Wilshire Center - Koreatown, Historic Cultural, and Palms. We've included the top 30 neighborhoods out of 45 total neighborhoods in or near Los Angeles, CA in the following chart.

The average rent for these 30 neighborhoods in or near Los Angeles, CA is currently around $3,127 per month. A total of 23 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,127. Out of all the neighborhoods in or near Los Angeles, Eastside has the most affordable average rent at $1,835 per month. Whereas, at $15,748 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
Wilshire Center - Koreatown, Los Angeles, CA $1,595 $2,292 $3,125 $2,300
Historic Cultural, Los Angeles, CA $2,320 $2,372 $3,156 $2,500
Palms, Los Angeles, CA $1,995 $2,288 $2,795 $2,523
Congress North, Los Angeles, CA $1,595 $1,925 $2,495 $2,660
Mesa Verde, Costa Mesa, CA $2,053 $2,471 $2,908 $2,670
West Los Angeles, Los Angeles, CA $2,267 $1,900 $3,395 $2,795
Mid-Town North Hollywood, Los Angeles, CA $1,825 $2,220 $3,045 $2,895
Northridge, Los Angeles, CA $1,598 $1,873 $2,795 $2,895
Sherman Oaks, Los Angeles, CA $2,105 $2,122 $2,885 $2,973
Mar Vista, Los Angeles, CA $2,525 $2,865 $2,950 $2,973
Greater Wilshire, Los Angeles, CA $1,500 $1,910 $3,725 $2,995
Downtown Los Angeles, Los Angeles, CA $2,329 $2,879 $3,815 $3,003
Irvine Business Complex, Irvine, CA $2,376 $2,641 $3,389 $3,127
South Redondo Beach, Redondo Beach, CA $2,295 $3,150 $4,245 $3,699
North Redondo Beach, Redondo Beach, CA N/A $2,048 $2,800 $3,725
Marina del Rey, Los Angeles, CA N/A $3,198 $4,393 $3,925
Westchester-Playa Del Rey, Los Angeles, CA $2,050 $2,761 $3,800 $3,953
Tarzana, Los Angeles, CA N/A $1,885 $2,850 $3,999
Hollywood Hills West, Los Angeles, CA $1,825 $2,298 $4,200 $4,000
Encino, Los Angeles, CA $1,560 $2,000 $3,067 $4,000
South Robertson, Los Angeles, CA $1,695 $2,195 $3,495 $4,075
Westwood, Los Angeles, CA $2,224 $2,798 $4,495 $4,399
Mid-City West, Los Angeles, CA $1,975 $2,695 $4,845 $4,595
Studio City, Los Angeles, CA $1,843 $2,495 $3,448 $4,650
Venice, Los Angeles, CA $2,201 $3,973 $5,673 $4,950
Westside, Los Angeles, CA $1,995 $2,495 $5,048 $4,995
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,419 $3,200 $5,175
Brentwood, Los Angeles, CA $1,793 $2,800 $4,595 $5,395
Hollywood United, Los Angeles, CA $1,519 $2,350 $3,550 $5,500
Bel Air-Beverly Crest, Los Angeles, CA N/A $62,000 $7,920 $15,748

Top Counties Near Los Angeles

There are a total of 45 counties located by Los Angeles, CA. Some of these counties include Los Angeles, CA, Ventura, CA, and Orange, CA. The average rent for rentals in these counties is $3,200. That's roughly around $35 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Los Angeles, CA. It's average rent per month is $3,195. Vice versa, with an average rent of $3,895, Orange, CA is the most expensive county by Los Angeles, CA.

Typically, rent for studios in Los Angeles, CA is 1.77% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Los Angeles, CA is 4.19% more expensive than other counties nearby. Finally, rent for two bedrooms in Los Angeles, CA is 10.84% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Los Angeles, CA $1,625 $2,195 $3,195 $3,195
Ventura, CA $1,725 $2,100 $2,800 $3,200
Orange, CA $1,923 $2,250 $3,100 $3,895

Top Zipcodes Near Los Angeles

There are a total of 47 zipcodes in or near Los Angeles, CA. The average rent for all of these zipcodes is $3,600. A total of 23 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90813, Long Beach, CA at $1,725 per month. In comparison, the zipcode with the most expensive average rent of $20,000 per month is 90265, Los Angeles County, CA.

Studios in these zipcodes have an average rent of $1,738. That's at least $47 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 $2,395 per month. Or in other words, $42 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,487 per month. Which comes out to $39 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
90046, Los Angeles, CA $2,023 $2,395 $4,847 $4,495
90265, Los Angeles County, CA N/A $5,623 $7,000 $20,000
90048, Los Angeles, CA $2,698 $2,987 $4,895 $4,823
90069, Los Angeles, CA $2,275 $3,400 $6,499 $7,495
90210, Los Angeles, CA $2,323 $3,950 $6,500 $13,700
90025, Los Angeles, CA $1,850 $1,900 $3,995 $3,395
91601, Los Angeles, CA $1,869 $2,399 $3,200 $2,895
90292, Marina del Rey, CA $2,183 $3,500 $5,698 $4,417
90036, Los Angeles, CA $1,695 $2,295 $4,248 $3,860
90291, Los Angeles, CA $2,547 $4,695 $5,548 $5,900

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 $3,397. 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 $1,695 and an average price per square feet of $46.36. There are a total of 605 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 $2,291 and an average price per square feet of $41.36. There are a total of 1,479 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 $3,477 and an average price per square feet of $39.27. There are a total of 1,787 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 -0.18%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Los Angeles, CA?
A reasonable rent price in Los Angeles, CA is around $2,718/month. You can search for these reasonably priced rental listings on RentHop.
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