Average Rent in South Park, Los Angeles, CA

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Current Versus Historical South Park, Los Angeles, CA Rents

South Park rentals average $3,075 for a studio rental to $8,000 for a 3-bedroom rental. The median price of all currently available listings is $3,850, or roughly $4 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $797 (29.49%) year-over-year from $2,703 to $3,500. 1-bedroom rentals prices have decreased by $102 (-3.13%) year-over-year from $3,252 to $3,150. 2-bedroom rentals prices have increased by $1,303 (27.73%) year-over-year from $4,698 to $6,000. 3-bedroom rentals prices have decreased by $2,250 (-21.95%) year-over-year from $10,250 to $8,000. 4-bedroom rentals prices have decreased by $63,553 (-85.53%) year-over-year from $74,306 to $10,753. 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 27.60% this month. 1-bedroom rents have gone down by 1.11% this month. 2-bedroom rents have gone up by 28.82% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.77 $3,500 $2,703 (29.49%) $2,157 (62.26%)
1 BR $3.48 $3,150 $3,252 (-3.13%) $3,246 (-2.96%)
2 BR $3.50 $6,000 $4,698 (27.73%) $4,013 (49.52%)
3 BR $4.15 $8,000 $10,250 (-21.95%) $25,000 (-68.00%)

Historical Rents in South Park, Los Angeles, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near South Park

There are a total of 18 cities nearby South Park. The average rent in South Park is currently $4,350 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Long Beach, CA, with an average rent of $2,663, is the most affordable city nearby. In contrast, the most expensive city near South Park, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $30,000 per month.

Let's compare South Park, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in South Park, Los Angeles, CA is 32.85% more expensive than other cities nearby. One bedrooms are about 15.79% more expensive. Two bedrooms in South Park, Los Angeles, CA are about 23.86% more expensive. Finally, rent for three bedrooms are about 38.94% more expensive. Want more information? Check out the top 10 cities out of 18 total cities near South Park, Los Angeles, CA in the following chart.
City Studio 1 Bed 2 Bed All
Long Beach, CA $2,300 $2,225 $2,760 $2,663
Costa Mesa, CA $1,999 $2,561 $3,314 $2,681
Santa Clarita, CA N/A $2,385 $2,950 $2,888
Glendale, CA $2,081 $2,273 $2,963 $2,995
Huntington Beach, CA $2,395 $2,693 $3,521 $3,700
Los Angeles, CA $2,049 $2,700 $3,984 $4,400
West Hollywood, CA $2,750 $2,897 $5,295 $5,000
Santa Monica, CA $2,699 $3,118 $5,838 $5,700
Beverly Hills, CA $2,195 $3,325 $6,048 $9,800
Malibu, CA $6,998 $8,700 $8,000 $30,000

Top Neighborhoods Near South Park

There are a total of 19 neighborhoods in or near South Park. Some of these neighborhoods include Wilshire Center - Koreatown, Historic Cultural, and Mesa Verde. We've included all of these top 19 neighborhoods in or near South Park, Los Angeles, CA in the following chart.

The average rent for these 19 neighborhoods in or near South Park, Los Angeles, CA is currently around $5,248 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $5,248. Interestingly, the neighborhoods' average rent is higher than South Park's average rent, which is only $3,850. Out of all the neighborhoods in or near South Park, Wilshire Center - Koreatown has the most affordable average rent at $2,531 per month. Whereas, at $19,500 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near South Park. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Wilshire Center - Koreatown, Los Angeles, CA $2,003 $2,392 $3,140 $2,531
Historic Cultural, Los Angeles, CA $2,041 $2,449 $3,176 $2,545
Mesa Verde, Costa Mesa, CA $2,030 $2,615 $3,423 $2,693
Mid-Town North Hollywood, Los Angeles, CA $2,200 $2,563 $3,098 $3,050
Downtown Los Angeles, Los Angeles, CA $2,160 $2,879 $4,600 $3,200
Irvine Business Complex, Irvine, CA $2,422 $2,772 $3,788 $3,208
Westchester-Playa Del Rey, Los Angeles, CA $2,262 $2,804 $3,900 $3,793
Marina del Rey, Los Angeles, CA $2,480 $2,927 $4,004 $3,925
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,429 $3,050 $4,500
Westwood, Los Angeles, CA $3,195 $3,995 $5,000 $5,248
Venice, Los Angeles, CA $2,230 $3,319 $4,909 $5,400
Brentwood, Los Angeles, CA $3,025 $3,050 $4,995 $6,248
Hollywood Hills West, Los Angeles, CA $1,899 $2,500 $4,268 $6,285
Mid-City West, Los Angeles, CA $1,750 $3,295 $5,599 $6,450
Sherman Oaks, Los Angeles, CA $2,011 $2,110 $3,300 $7,495
Westside, Los Angeles, CA $2,595 $3,434 $11,900 $7,650
The Village, Laguna Beach, CA $3,250 $7,500 $9,000 $8,650
Pacific Palisades, Los Angeles, CA N/A $3,198 $6,000 $18,000
Bel Air-Beverly Crest, Los Angeles, CA N/A $3,650 $7,750 $19,500

Top Counties Near South Park

There are a total of 19 counties located by South Park, 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 1 counties have a lower average rent. The county that is the most affordable is Ventura, CA. It's average rent per month is $3,500. Vice versa, with an average rent of $4,300, Orange, CA is the most expensive county by South Park, Los Angeles, CA.

Typically, rent for studios in South Park, Los Angeles, CA is 33.85% more expensive than other counties nearby. In comparison, rent for one bedroom listings in South Park, Los Angeles, CA is 19.05% more expensive than other counties nearby. Finally, rent for two bedrooms in South Park, Los Angeles, CA is 29.02% 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 $2,160 $2,995 $3,500
Los Angeles, CA $2,034 $2,550 $3,650 $4,000
Orange, CA $2,117 $2,599 $3,407 $4,300

Top Zipcodes Near South Park

There are a total of 22 zipcodes in or near South Park, Los Angeles, CA. The average rent for all of these zipcodes is $5,038. 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 $2,382 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 $2,125. 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 Park, Los Angeles, CA is $2,889 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,523 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in South Park, 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 $2,035 $2,322 $3,738 $2,934
90028, Los Angeles, CA $2,050 $2,195 $3,823 $3,151
90048, Los Angeles, CA $2,200 $3,298 $5,398 $6,477
90068, Los Angeles, CA N/A $2,748 $4,998 $8,995
90069, Los Angeles, CA $3,299 $3,250 $6,700 $7,995
90046, Los Angeles, CA $1,899 $2,444 $4,550 $6,900
90210, Los Angeles, CA N/A $4,500 $13,000 $22,500
90066, Los Angeles, CA N/A $3,000 $3,934 $3,930
90024, Los Angeles, CA $3,195 $3,998 $4,948 $5,375
90025, Los Angeles, CA $2,450 $2,637 $3,945 $4,100

Frequently Asked Questions - South Park Average Rents

What is the average rent price in South Park, Los Angeles, CA?
The average monthly rental price for South Park, Los Angeles, CA apartments for rent is approximately $3,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do South Park, 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 Park, Los Angeles, CA.
How much is a studio apartment in South Park, Los Angeles, CA?
The average monthly rental price for studio apartments is $3,075 and an average price per square feet of $3.77. There are a total of 4 studio apartment listings currently available for rent in South Park.
How much is a one bedroom apartment in South Park, Los Angeles, CA?
The average monthly rental price for one bedroom apartments is $3,150 and an average price per square feet of $3.48. There are a total of 17 one bedroom apartment listings currently available for rent in South Park.
How much is a two bedroom apartment in South Park, Los Angeles, CA?
The average monthly rental price for two bedroom apartments is $4,800 and an average price per square feet of $3.50. There are a total of 15 two bedroom apartment listings currently available for rent in South Park.
How have rent prices in South Park, Los Angeles, CA changed this year?
Rent prices for rentals in South Park, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.29%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.28%, and three bedroom rental prices have changed by -0.22% year-over-year.
What is a reasonable rent price in South Park, Los Angeles, CA?
A reasonable rent price in South Park, Los Angeles, CA is around $3,080/month. You can search for these reasonably priced rental listings on RentHop.
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