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531 W 5th St. offers a strong mix of value, convenience, and quality, with an 8.3 Zumper expert rating, top price and location scores, and solid trustworthiness and amenities ratings. It features a spacious living room and kitchen, granite-style countertops, rich wooden cabinetry, wood-like laminate flooring, and fresh paint, while also standing out for strong value per square foot and proximity to nearby schools.
Things you’ll love
Elementary school nearbyHigh school nearbyMore space| 3BR/1.0BA | 3 bed | 1 bath | 1,504 sqft | $3,668 /mo | 1 unit available | LA CITY VOUCHER ACCEPTED! NO APPLICATION FEE! This stylish home features: - Wood-like Laminate Flooring and Fresh paint throughout - Appliances Included: Stove, Refrigerator, and Ceiling Fan (Bedroom) - Spacious living room and kitchen - Granite-style countertops and rich wooden cabinetry providing plenty of storage space - Water is included - No application fee $3,668.00/month **Please note that the owner reserves the right to request the maximum allowable rent for applicants with Housing Vouchers and Third Party Programs** Contact Janet at (424) 343-6164 to schedule a viewing or apply today. |
Let's explore this property.
One-time.
One-time. Refundable.
| Units | 7 |
|---|
LA CITY VOUCHER ACCEPTED! NO APPLICATION FEE! This stylish home features: - Wood-like Laminate Flooring and Fresh paint throughout - Appliances Included: Stove, Refrigerator, and Ceiling Fan (Bedroom) - Spacious living room and kitchen - Granite-style countertops and rich wooden cabinetry providing plenty of storage space - Water is included - No application fee $3,668.00/month **Please note that the owner reserves the right to request the maximum allowable rent for applicants with Housing Vouchers and Third Party Programs** Contact Janet at (424) 343-6164 to schedule a viewing or apply today.
How 531 W 5th St. compares to other nearby properties.
Positives
Considerations
3-bedroom apartments at 531 W 5th St. cost about 4% less than the average rent price for 3-bedroom apartments in Downtown Long Beach.
| Month | Median Rent |
|---|---|
| August 2024 | $1,563 |
| September 2024 | $1,550 |
| October 2024 | $1,509 |
| November 2024 | $1,508 |
| December 2024 | $1,533 |
| January 2025 | $1,567 |
| February 2025 | $1,531 |
| March 2025 | $1,509 |
| April 2025 | $1,495 |
| May 2025 | $1,497 |
| June 2025 | $1,512 |
| July 2025 | $1,522 |
| August 2025 | $1,528 |
| September 2025 | $1,523 |
| October 2025 | $1,515 |
| November 2025 | $1,501 |
| December 2025 | $1,496 |
| January 2026 | $1,519 |
| February 2026 | $1,499 |
| March 2026 | $1,498 |
| April 2026 | $1,505 |
| May 2026 | $1,524 |
| June 2026 | $1,503 |
| July 2026 | $1,509 |
| August 2026 | $1,558 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,000 |
| September 2024 | $1,976 |
| October 2024 | $1,610 |
| November 2024 | $1,637 |
| December 2024 | $1,627 |
| January 2025 | $1,602 |
| February 2025 | $1,595 |
| March 2025 | $1,550 |
| April 2025 | $1,586 |
| May 2025 | $1,590 |
| June 2025 | $1,605 |
| July 2025 | $1,574 |
| August 2025 | $1,569 |
| September 2025 | $1,535 |
| October 2025 | $1,525 |
| November 2025 | $1,510 |
| December 2025 | $1,515 |
| January 2026 | $1,495 |
| February 2026 | $1,531 |
| March 2026 | $1,554 |
| April 2026 | $1,530 |
| May 2026 | $1,562 |
| June 2026 | $1,598 |
| July 2026 | $1,595 |
| August 2026 | $1,574 |
Can I afford to live at 531 W 5th St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$146,720/yr
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