Apartments for Rent in Park Forest-LA North, Central, LA

Park Forest-LA North, Central apartment availability

Park Forest-LA North offers a strong selection of rental listings, with an average of 52 rentals available each month. The neighborhood's rental market is comprised of a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments, with studios being the most prominent in the Central area. Many of these apartments cater to pet owners, with 65% allowing pets with some restrictions, making Park Forest-LA North a great option for those with furry friends. With its diverse range of rentals and pet-friendly amenities, Park Forest-LA North is a popular choice for renters in the Central area.

Park Forest-LA North, Central rental market trends

Renters looking for apartments in Park Forest-LA North, Central should be aware that the area has seen a significant decrease in average rent prices across all property types, with a 13% drop from 2023 to 2024. The average monthly rent now stands at around $859.

Breaking it down by bedroom count, 1-bedrooms have seen a modest 2% increase, averaging $770 per month, while 2-bedrooms have risen by 2.5% to around $865. However, 3-bedrooms have experienced a 4% decrease, now averaging $1,277 per month. Studios have remained relatively stable, with a negligible 0.01% decrease, averaging $716 per month.

In terms of seasonality, September is the most expensive month to rent, with prices 36.7% higher than in June, the least expensive month. This suggests that renters may find better deals during the summer months. Overall, the Park Forest-LA North, Central area offers relatively affordable options for renters, especially for those looking for 1-bedroom or studio apartments.

Why Park Forest-LA North, Central is a great place to live

We've analyzed data from the last few years to understand what makes Park Forest-LA North a desirable neighborhood for renters. It appears that this area excels in catering to pet owners and those seeking an active social life.

For pet owners, the neighborhood offers a range of amenities, including pet waste facilities, ample space for pets to rest, pet-safe windows, and outdoor spaces. Many apartments also feature pet-friendly flooring and host pet events, making it an ideal location for those with furry friends. Additionally, the lack of breed restrictions in many buildings adds to the neighborhood's pet-friendly appeal.

The area also shines for those seeking a vibrant social life, thanks to its excellent transit frequency, diverse neighborhood age distribution, well-maintained street infrastructure, high walk score, and emphasis on safety. These factors combine to create a dynamic and engaging community that's perfect for renters who value social connections and convenience.