Apartments for Rent in East Hollywood, Los Angeles, CA

East Hollywood, Los Angeles apartment availability

East Hollywood's rental market offers a strong selection of listings, with an average of 234 rentals available each month in 2024. The neighborhood's inventory is diverse, with a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many East Hollywood apartments feature desirable amenities, including dishwashers, in-unit laundry, and air conditioning, which are available in around 40-50% of listings. This variety of options and amenities makes East Hollywood a great neighborhood to consider for renters with different needs and priorities.

East Hollywood, Los Angeles rental market trends

East Hollywood's rental market is experiencing a slight downturn, with average monthly rents across all property types decreasing by 2.6% year-over-year to $2,324. This trend is reflected in the average rents for specific bed counts, with 1-bedrooms seeing a 1.1% decrease to $2,047, 2-bedrooms decreasing by 4.4% to $2,987, and 3-bedrooms dropping by 5% to $3,904. Studio apartments have remained relatively stable, with a 0.4% decrease to $1,626.

The most expensive month to rent in East Hollywood is September, with prices 31.5% higher than in February, the least expensive month. This significant difference in rent prices between peak and off-peak seasons presents an opportunity for renters to find more affordable options during the winter months. Overall, East Hollywood's rental market is becoming more tenant-friendly, with decreasing rents and a wider range of options available.

Why East Hollywood, Los Angeles is a great place to live

East Hollywood is a top choice for renters who prioritize social living and pet ownership. The neighborhood's high walk score, restaurant options, and transit frequency make it an ideal spot for those who value an active social life. Additionally, with many apartments offering pet-friendly amenities such as pet spaces, safe windows, and grooming services, East Hollywood is a great fit for pet owners. The lack of breed restrictions and availability of pet events further cement its reputation as a welcoming neighborhood for renters with furry friends. Overall, East Hollywood offers a unique blend of social opportunities and pet-friendly living that's hard to find elsewhere in Los Angeles.