Apartments for Rent in Greater Toluca Lake, Los Angeles, CA

Greater Toluca Lake, Los Angeles apartment availability

Greater Toluca Lake's rental market offers a good selection of listings, with an average of around 105 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a smaller number of studios. Many of these apartments offer popular amenities, including balconies, on-site laundry, and pet-friendly policies that allow small pets. With nearly half of the apartments featuring on-site laundry and balconies, and a significant portion allowing pets, Greater Toluca Lake is a convenient and appealing option for renters seeking a comfortable living situation.

Greater Toluca Lake, Los Angeles rental market trends

The Greater Toluca Lake area of Los Angeles saw a decline in average rent prices over the past year, with a 5% decrease to $3,027 per month. Breaking it down by bedroom count, 1-bedrooms are averaging $2,423 per month, a 5% decrease from the previous year, while 2-bedrooms are averaging $2,966, also a 5% decrease. However, 3-bedrooms saw an 8% increase to $4,219, and studios experienced a significant 20% increase to $1,925.

In terms of seasonal fluctuations, December tends to be the most expensive month, with an 9% increase in rent compared to September, the month with the lowest average rent. If you're looking for a new apartment, September may be a good time to find a deal. On the other hand, if you're looking to rent out a property, December may be the best time to capitalize on higher demand.

Why Greater Toluca Lake, Los Angeles is a great place to live

We've analyzed data from the last few years to understand what makes Greater Toluca Lake an attractive neighborhood for renters. It appears that this area excels in catering to pet owners and those seeking an active social life.

For pet enthusiasts, the abundance of pet-friendly amenities such as dedicated pet spaces, pet-safe windows, and outdoor areas make it an ideal location. The presence of dog parks and pet events further solidify its pet-friendly reputation.

The neighborhood's infrastructure, including its walk score, street layout, and transit frequency, also make it perfect for those who value a vibrant social life. A mix of age groups in the neighborhood and a strong focus on safety add to its appeal. If you're looking for a community that balances social opportunities with pet-friendly living, Greater Toluca Lake is worth considering.