Average Rent in South LA, Los Angeles, CA

Home  »  CA  »  Los Angeles  »  South LA

Current Versus Historical South LA, Los Angeles, CA Rents

South LA rentals average $1,495 for a studio rental to $4,766 for a 4-bedroom rental. The median price of all currently available listings is $3,413, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $38 (-2.52%) year-over-year from $1,488 to $1,450. 1-bedroom rentals prices have increased by $28 (1.51%) year-over-year from $1,872 to $1,900. 2-bedroom rentals prices have increased by $86 (3.56%) year-over-year from $2,409 to $2,495. 3-bedroom rentals prices have increased by $470 (14.11%) year-over-year from $3,330 to $3,800. 4-bedroom rentals prices have increased by $361 (9.08%) year-over-year from $3,974 to $4,335. 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 2.03% this month. 1-bedroom rents have gone up by 1.69% this month. 2-bedroom rents have gone up by 2.32% this month. 3-bedroom rents have gone up by 3.40% this month. 4-bedroom rents have gone down by 8.32% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.66 $1,450 $1,488 (-2.52%) $1,256 (15.46%)
1 BR $3.30 $1,900 $1,872 (1.51%) $1,624 (16.98%)
2 BR $3.30 $2,495 $2,409 (3.56%) $2,038 (22.43%)
3 BR $2.91 $3,800 $3,330 (14.11%) $3,008 (26.35%)
4+ BR $2.59 $4,335 $3,974 (9.08%) $3,747 (15.70%)

Historical Rents in South LA, Los Angeles, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near South LA

There are a total of 17 cities nearby South LA. The average rent in South LA is currently $4,350 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Costa Mesa, CA, with an average rent of $2,653, is the most affordable city nearby. In contrast, the most expensive city near South LA, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $29,500 per month.

Let's compare South LA, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in South LA, Los Angeles, CA is 33.44% more affordable than other cities nearby. One bedrooms are about 32.53% more affordable. Two bedrooms in South LA, Los Angeles, CA are about 26.10% more affordable. Finally, rent for three bedrooms are about 21.95% more affordable. Want more information? Check out the top 10 cities out of 17 total cities near South LA, Los Angeles, CA in the following chart.
City Studio 1 Bed 2 Bed All
Costa Mesa, CA $1,975 $2,488 $3,233 $2,653
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 $2,995
Huntington Beach, CA $2,100 $2,809 $3,404 $3,700
Los Angeles, CA $1,995 $2,650 $3,960 $4,300
West Hollywood, CA $2,750 $3,100 $5,725 $5,245
Santa Monica, CA $2,584 $3,073 $5,700 $5,888
Beverly Hills, CA $2,073 $3,400 $6,048 $10,750
Malibu, CA $6,998 $5,950 $8,000 $29,500

Top Neighborhoods Near South LA

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

The average rent for these 17 neighborhoods in or near South LA, Los Angeles, CA is currently around $4,475 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $4,475. Interestingly, the neighborhoods' average rent is higher than South LA's average rent, which is only $3,413. Out of all the neighborhoods in or near South LA, Historic Cultural has the most affordable average rent at $2,438 per month. Whereas, at $19,748 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near South LA. 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 $2,450
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 $3,629
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 $4,707 $5,485
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 $6,875
Sherman Oaks, Los Angeles, CA $2,106 $2,021 $3,230 $7,495
Westside, Los Angeles, CA $2,573 $6,309 $12,100 $9,275
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 $19,748

Top Counties Near South LA

There are a total of 17 counties located by South LA, 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. 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 South LA, Los Angeles, CA.

Typically, rent for studios in South LA, Los Angeles, CA is 33.44% more affordable than other counties nearby. In comparison, rent for one bedroom listings in South LA, Los Angeles, CA is 25.03% more affordable than other counties nearby. Finally, rent for two bedrooms in South LA, Los Angeles, CA is 11.48% more affordable 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 South LA

There are a total of 21 zipcodes in or near South LA, Los Angeles, CA. The average rent for all of these zipcodes is $5,375. A total of 6 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 South LA, 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 South LA, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
90017, Los Angeles, CA $2,150 $2,340 $3,965 $3,175
90048, Los Angeles, CA $1,975 $3,295 $6,468 $7,200
90028, Los Angeles, CA $2,050 $2,310 $3,895 $3,151
90292, Marina del Rey, CA $2,166 $3,011 $4,190 $3,895
90069, Los Angeles, CA $3,299 $4,500 $6,900 $8,950
90291, Los Angeles, CA $2,900 $4,845 $5,900 $6,750
90025, Los Angeles, CA $2,450 $2,599 $3,895 $3,800
90046, Los Angeles, CA $1,882 $2,524 $4,500 $6,976
90024, Los Angeles, CA $3,195 $3,995 $4,948 $5,375
90068, Los Angeles, CA N/A $2,748 $4,998 $9,899

Frequently Asked Questions - South LA Average Rents

What is the average rent price in South LA, Los Angeles, CA?
The average monthly rental price for South LA, Los Angeles, CA apartments for rent is approximately $3,413. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do South LA, 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 South LA, Los Angeles, CA.
How much is a studio apartment in South LA, Los Angeles, CA?
The average monthly rental price for studio apartments is $1,495 and an average price per square feet of $2.66. There are a total of 4 studio apartment listings currently available for rent in South LA.
How much is a one bedroom apartment in South LA, Los Angeles, CA?
The average monthly rental price for one bedroom apartments is $2,000 and an average price per square feet of $3.30. There are a total of 24 one bedroom apartment listings currently available for rent in South LA.
How much is a two bedroom apartment in South LA, Los Angeles, CA?
The average monthly rental price for two bedroom apartments is $3,050 and an average price per square feet of $3.30. There are a total of 34 two bedroom apartment listings currently available for rent in South LA.
How have rent prices in South LA, Los Angeles, CA changed this year?
Rent prices for rentals in South LA, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.14% year-over-year.
What is a reasonable rent price in South LA, Los Angeles, CA?
A reasonable rent price in South LA, Los Angeles, CA is around $2,730/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