Apartments for Rent in Wilmington, Los Angeles, CA

Wilmington, Los Angeles apartment availability

Wilmington's rental market offers a good selection of listings, with an average of 43 rentals available each month in 2024. The neighborhood's inventory is relatively balanced, with 1-bedroom, 2-bedroom, and studio apartments making up the majority of listings. Notably, about 35% of apartments in Wilmington are pet-friendly, with some allowing small pets or having specific pet restrictions. This makes Wilmington a viable option for renters with pets. Overall, Wilmington's diverse range of apartments and pet-friendly amenities make it a neighborhood worth considering for those looking for a rental in Los Angeles.

Wilmington, Los Angeles rental market trends

The Wilmington, Los Angeles rental market experienced a significant year-over-year increase of 14.6% in 2024, with the average monthly rent reaching $2,067. Broken down by bed count, 1-bedrooms averaged $1,732 per month, a 4.3% increase from the previous year. 2-bedrooms saw a 7.4% increase, reaching $2,549, while 3-bedrooms actually decreased by 3.7% to $3,655. Studios averaged $1,361, a 1.7% decrease.

The summer months tend to see the highest demand and prices in Wilmington, with August typically being the most expensive month. In fact, August rents are 34% higher than November, the month with the lowest average rent. If you're looking for a new apartment, be prepared for competition during the summer. On the other hand, if you're flexible with your move-in date, November may be a good time to find a more affordable option. Keep in mind that the rental market can fluctuate, but understanding these trends can help you navigate the Wilmington rental landscape.

Why Wilmington, Los Angeles is a great place to live

Wilmington is a top choice for renters prioritizing social living and environmental sustainability. The neighborhood's strong social scene is supported by its well-designed street infrastructure, frequent transit options, and high walk score, making it easy to get around and connect with others. Additionally, Wilmington's commitment to sustainability is evident in its use of non-toxic paint, waste recycling and composting programs, and incorporation of sustainable materials in construction. The neighborhood's numerous parks and recreation areas, rainwater harvesting systems, and community solar projects further contribute to its eco-friendly reputation. Overall, Wilmington offers a unique blend of social vibrancy and environmental responsibility, making it an attractive option for like-minded renters.