Rental Market Trends in Los Angeles

Are you planning a move to Los Angeles and unclear about the average rental price in the city you're interested in? Don't worry, we'll provide you with the market trends of this city. We hope this information helps you find your home of choice!

Average Rent in Los Angeles

Last updated on October 2023
Avg.rent
$3197 /mo
Avg.apartment size
846 Sq.Ft

1. Average Rent For Different Apartment Types

As of October 2023, the average rent in Los Angeles was $3197/month.When you rent an apartment in Los Angeles, you can expect to pay as little as $1,894 to as much as $2,492, depending on the location and size of the apartment.
Apartment TypeAvg RentAverage Sq.FtAnnual Change
Studio
$2156/month
509 Sq.Ft
-2.2%
1 Bedroom
$2708/month
694 Sq.Ft
-1.7%
2 Bedrooms
$4012/month
1119 Sq.Ft
-1.2%
3 Bedrooms
$5370/month
1491 Sq.Ft
+1.7%

2. Market Trends Over Time

In the past year, rent has increased by 0.83%, which averages out to $27 more per month.

Median rents trends in Los Angeles

Rent by Neighborhood

Last updated today
NeighborhoodAvg RentAverage Sq.FtAnnual Change
DTLA
$2,481/month
511 Sq.Ft
+1.8%
Hollywood
$2,138/month
464 Sq.Ft
-6.0%
Koreatown
$2,057/month
526 Sq.Ft
-4.5%
USC
$2,190/month
543 Sq.Ft
+31.9%
West LA
$2,641/month
471 Sq.Ft
+10.8%
We ensure the accuracy and transparency of our data
Our relies on big data and artificial intelligence to summarize and summarize this rental data. We combine this data with public record to provide the most up-to-date rental information available.
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