Average Rent in Los Angeles, CA

Home  »  CA  »  Los Angeles

Current Versus Historical Los Angeles, CA Rents

Los Angeles rentals average $1,957 for a studio rental to $13,975 for a 4-bedroom rental. The median price of all currently available listings is $4,259, 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 $2 (-0.12%) year-over-year from $1,600 to $1,598. 1-bedroom rentals prices have decreased by $305 (-12.20%) year-over-year from $2,500 to $2,195. 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 $29 (-0.62%) year-over-year from $4,729 to $4,700. 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 0.97% this month. 1-bedroom rents have gone down by 4.43% this month. 2-bedroom rents have gone down by 0.93% this month. 3-bedroom rents have gone up by 1.81% this month. 4-bedroom rents have gone up by 15.52% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.13 $1,598 $1,600 (-0.12%) $1,717 (-6.94%)
1 BR $3.61 $2,195 $2,500 (-12.20%) $1,809 (21.36%)
2 BR $3.44 $3,195 $3,413 (-6.40%) $2,762 (15.69%)
3 BR $3.42 $4,700 $4,729 (-0.62%) $4,072 (15.43%)
4+ BR $4.05 $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 $4,425 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Long Beach, CA, with an average rent of $2,600, 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 $27,250 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 6.21% more affordable than other cities nearby. One bedrooms are about 0.94% more affordable. Two bedrooms in Los Angeles, CA are about 8.23% more expensive. Finally, rent for three bedrooms are about 9.27% 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
Long Beach, CA $2,148 $2,300 $2,775 $2,600
Costa Mesa, CA $1,946 $2,531 $3,282 $2,746
Lancaster, CA N/A $1,200 $1,995 $2,800
Santa Clarita, CA N/A $2,390 $2,950 $2,900
Glendale, CA $2,118 $2,248 $2,995 $3,026
Huntington Beach, CA $2,085 $2,815 $3,370 $3,593
West Hollywood, CA $3,025 $3,400 $5,725 $5,000
Santa Monica, CA $2,475 $3,195 $5,300 $5,800
Beverly Hills, CA $2,073 $3,400 $6,100 $11,000
Malibu, CA $6,998 $5,873 $7,850 $27,250

Top Neighborhoods Near Los Angeles

There are a total of 16 neighborhoods in or near Los Angeles. Some of these neighborhoods include Historic Cultural, Wilshire Center - Koreatown, and Irvine Business Complex. We've included all of these top 16 neighborhoods in or near Los Angeles, CA in the following chart.

The average rent for these 16 neighborhoods in or near Los Angeles, CA is currently around $4,088 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $4,088. Out of all the neighborhoods in or near Los Angeles, Historic Cultural has the most affordable average rent at $2,390 per month. Whereas, at $20,000 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 $2,001 $2,244 $2,920 $2,390
Wilshire Center - Koreatown, Los Angeles, CA $1,867 $2,438 $2,805 $2,487
Irvine Business Complex, Irvine, CA $2,650 $2,722 $4,100 $3,000
Mid-Town North Hollywood, Los Angeles, CA $2,200 $2,582 $3,050 $3,072
Downtown Los Angeles, Los Angeles, CA $2,245 $2,875 $3,950 $3,200
Westchester-Playa Del Rey, Los Angeles, CA $2,389 $3,000 $3,925 $3,584
Central Hollywood, Los Angeles, CA $2,600 $2,715 $3,995 $3,594
Marina del Rey, Los Angeles, CA $2,448 $2,931 $4,155 $3,676
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,412 $3,250 $4,500
Venice, Los Angeles, CA $2,026 $3,309 $4,770 $4,995
Westwood, Los Angeles, CA $3,195 $3,998 $5,000 $5,248
Hollywood Hills West, Los Angeles, CA $1,990 $2,418 $4,948 $6,600
Mid-City West, Los Angeles, CA $1,599 $3,266 $5,775 $6,792
Sherman Oaks, Los Angeles, CA $2,153 $1,995 $3,240 $8,925
Westside, Los Angeles, CA $2,598 $9,500 $12,100 $9,425
Bel Air-Beverly Crest, Los Angeles, CA N/A $3,800 $6,250 $20,000

Top Counties Near Los Angeles

There are a total of 16 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 2 counties have a lower average rent. The county that is the most affordable is Ventura, CA. It's average rent per month is $3,495. Vice versa, with an average rent of $4,348, Orange, CA is the most expensive county by Los Angeles, CA.

Typically, rent for studios in Los Angeles, CA is 1.94% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Los Angeles, CA is 5.49% more expensive than other counties nearby. Finally, rent for two bedrooms in Los Angeles, CA is 12.20% 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 $1,800 $2,113 $2,950 $3,495
Los Angeles, CA $1,995 $2,505 $3,665 $4,000
Orange, CA $2,010 $2,600 $3,468 $4,348

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 $4,894. A total of 10 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 $2,299 per month. In comparison, the zipcode with the most expensive average rent of $25,000 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,982. 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 $2,741 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,574 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 $6,725 $7,850 $22,000
92651, Orange County, CA $2,875 $6,350 $7,250 $9,875
90069, Los Angeles, CA $3,299 $4,250 $7,990 $9,500
92663, Newport Beach, CA $1,895 $2,100 $2,793 $2,299
90046, Los Angeles, CA $1,990 $2,424 $5,000 $6,850
90292, Marina del Rey, CA $2,054 $3,040 $4,184 $3,789
90291, Los Angeles, CA $2,900 $4,845 $5,913 $6,400
92648, Huntington Beach, CA N/A $3,349 $4,473 $4,150
90210, Los Angeles, CA N/A $7,750 $17,250 $25,000
90048, Los Angeles, CA $1,975 $3,345 $5,599 $6,900

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 $4,259. 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 $1,957 and an average price per square feet of $4.13. There are a total of 173 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 574 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 $3,950 and an average price per square feet of $3.44. There are a total of 733 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 -0.01% year-over-year.
What is a reasonable rent price in Los Angeles, CA?
A reasonable rent price in Los Angeles, CA is around $3,407/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast