Los Angeles, CA Rental Market Trends
What is the average rent in Los Angeles?
The average rent for an apartment in Los Angeles is $2,719. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Los Angeles, CA
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $2,719 | 790 sq. ft. |
What is the average apartment size in Los Angeles?
The average size for a Los Angeles, CA apartment is 790 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Los Angeles, CA apartment rent ranges
Los Angeles, CA Occupied Housing Units
886,998 or 63% of the households in Los Angeles, CA are renter-occupied while 512,444 or 37% are owner-occupied.
Los Angeles, CA rent trends
Average Rent in Los Angeles, CA By Neighborhood
| City | Average Rent |
|---|---|
| Downtown Santa Monica | $4,146 |
| Mid-City Santa Monica | $4,080 |
| University Park | $4,046 |
| Historic South-Central | $3,999 |
| Venice | $3,844 |
| Beverly Grove | $3,817 |
| Wilshire - Montana | $3,789 |
| Pico | $3,732 |
| Playa Vista | $3,726 |
| Del Rey | $3,720 |
| Carthay | $3,706 |
| Exposition Park | $3,695 |
| Ocean Park | $3,676 |
| Sunset Park | $3,676 |
| Westwood | $3,652 |
| Pico - Robertson | $3,436 |
| Brentwood | $3,319 |
| Lucerne - Higuera | $3,288 |
| McManus | $3,288 |
| Fairfax | $3,112 |
| Century City | $3,085 |
| Sawtelle | $3,085 |
| West Los Angeles | $3,085 |
| Mar Vista | $3,075 |
| Fox Hills | $3,053 |
| Sunkist Park | $3,053 |
| Rancho Park | $3,045 |
| Westchester | $3,004 |
| Playa del Rey | $3,001 |
| Pico - Union | $2,976 |
| Mid-Wilshire | $2,889 |
| Lincoln Heights | $2,829 |
| Downtown Los Angeles | $2,805 |
| Chinatown | $2,758 |
| Woodland Hills | $2,755 |
| Hollywood Hills West | $2,734 |
| Studio City | $2,709 |
| Toluka Lake | $2,686 |
| Hollywood | $2,686 |
| Valley Village | $2,665 |
| West Adams | $2,651 |
| Palms | $2,620 |
| Porter Ranch | $2,615 |
| Boyle Heights | $2,611 |
| Mid-City | $2,605 |
| Atwater Village | $2,557 |
| Hollywood Hills | $2,516 |
| Elysian Valley | $2,486 |
| Echo Park | $2,479 |
| Baldwin Hills - Crenshaw | $2,412 |
| Sherman Oaks | $2,403 |
| Canoga Park | $2,379 |
| Silver Lake | $2,378 |
| Los Feliz | $2,365 |
| Chatsworth | $2,355 |
| Westlake | $2,339 |
| North Hollywood | $2,318 |
| Encino | $2,317 |
| West Hills | $2,308 |
| East Hollywood | $2,284 |
| Northridge | $2,275 |
| Larchmont | $2,260 |
| Koreatown | $2,203 |
| Eagle Rock | $2,172 |
| Granada Hills | $2,154 |
| Valley Glen | $2,108 |
| Highland Park | $2,102 |
| Lake Balboa | $2,099 |
| Sylmar | $2,088 |
| Tarzana | $2,058 |
| Arleta | $2,057 |
| Van Nuys | $2,048 |
| Cypress Park | $2,042 |
| Glassell Park | $2,042 |
| Pacoima | $2,038 |
| Reseda | $1,985 |
| North Hills | $1,977 |
| Chesterfield Square | $1,964 |
| Harvard Park | $1,964 |
| South Park | $1,964 |
| Sun Valley | $1,913 |
| Harvard Heights | $1,895 |
| Shadow Hills | $1,891 |
| Mission Hills | $1,882 |
| Sunland | $1,869 |
| Leimert Park | $1,868 |
| Panorama City | $1,867 |
| Hyde Park | $1,866 |
| Arlington Heights | $1,850 |
| Winnetka | $1,839 |
| El Sereno | $1,835 |
| Vermont Knolls | $1,549 |
| Vermont Vista | $1,549 |
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What are the most affordable neighborhoods in Los Angeles?
The most affordable neighborhoods in Los Angeles are Vermont Knolls, where the average rent goes for $1,549/month, Vermont Vista, where renters pay $1,549/mo on average, and El Sereno, where the average rent goes for $1,835/mo. If you’re looking for other great deals, check out the listings from Winnetka ($1,839), Arlington Heights ($1,850), and Hyde Park ($1,866), where the asking prices are below the average Los Angeles rent of $2,719/mo.
What are the most expensive neighborhoods in Los Angeles?
The most expensive neighborhoods in Los Angeles are University Park ($4,046), Mid-City Santa Monica ($4,080) and Downtown Santa Monica ($4,146).
What are the most popular neighborhoods in Los Angeles?
The most popular neighborhood in Los Angeles is Canoga Park, where there are 31 listings with an average rent of $2,379. Next up is Downtown Los Angeles, where apartments go for $2,805/month, followed by Hollywood with $2,686 If you’re looking to rent in Los Angeles’s most popular neighborhoods, make sure to also check out Hollywood Hills West, where renters pay $2,734 on average, and Sherman Oaks, where the average monthly rent is $2,403.
Los Angeles | Rent Comparison by Neighborhood
Rent in Arleta is 11% higher than in Arlington Heights
$2,057
Arleta rent is 24% lower than Los Angeles average
Average Rent
$2,057
$1,850
Arlington Heights rent is 32% lower than Los Angeles average
Average Rent
$1,850
How Los Angeles Compares to Other Cities
| State | Average Rent |
|---|---|
| Ventura | $2,784 |
| Goleta | $3,162 |
| Los Angeles | $2,719 |
| Santa Barbara | $2,842 |
| San Francisco | $3,267 |
| Oxnard | $2,627 |
| Irvine | $3,222 |
| East Bay | $2,580 |
| Sanger | $1,235 |
| San Diego | $2,997 |
| Santa Ana | $2,576 |
| Pasadena | $3,004 |
| Santa Monica | $3,956 |
| Inglewood | $2,598 |
| Rosemead | $2,273 |
| Torrance | $2,459 |
| Burbank | $2,838 |
| Downey | $2,245 |
| Glendale | $2,966 |
| Hawthorne | $1,809 |
| Manhattan Beach | $1,300 |
What is the average price for a storage unit in Los Angeles?
The average rent for a non-climate-controlled 10'x10' storage unit in Los Angeles is $296.53. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Los Angeles
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BLUE RIDGE
Foxborough 7795 Antelope Rd.Citrus Heights, Davis, CA 95610| 1 BED | $1,675 |
| 2 BEDS | $2,375 |
| 3 BEDS | $1,500 |
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PO 102, Los Angeles, LA 90001&cropxunits=800&cropyunits=450&srotate=0&width=480&quality=80)
Flowers And Bouquet
Plummer Street California, Chatsworth, CA 91311| 1 BED | N/A |
| 2 BEDS | $500+ |
| 3+ BEDS | $1,500 |
Beverly Park Towers
1470 S. Beverly Dr., Los Angeles, CA 90035| STUDIO | $1,000+ |
| 1 BED | $1,475 |
| 2 BEDS | $1,333+ |