The Zumper Los Angeles Metro Report analyzed over 30,000 active listings in March across 20 metro cities to show the most and least expensive cities and cities with the fastest growing rents.
Cities Ranked By Rent
Most Expensive
–Santa Monica, CA was the most expensive city to rent in the Los Angeles metro area with a median price of $2,910 for one bedroom units. Rent here was over $1,200 more expensive than the $1,642 state median.
–Pasadena, CA, a few hundred dollars behind Santa Monica, ranked as the second priciest city. Rent here was $2,130.
–Los Angeles, Californie ranked as the third most expensive city with rent at $2,060.
Least Expensive
–Compton, CA was the most affordable city with rent priced at $1,090.
–Lynwood, CA followed behind as the second least expensive city. Rent here was $1,170.
–Pomona, CA ranked as third at $1,220.
Yearly Growth Rate
Fastest Growing
–Lakewood & Hawthorne, CA rents were tied for the fastest growing, both with the price of one bedroom units up 15.3% since this time last year.
–Alhambra, CA followed closely behind with a 15.2% yearly growth rate.
–West Covina, CA had the third fastest growing rents in the metro area, up 15.1%.
Full Data
| City | Price (1 Bed) | M/M % | Y/Y % | Price (2 Bed) | M/M % | Y/Y % |
|---|---|---|---|---|---|---|
| Scottsdale | $1,260 | 5.0% | 14.5% | $2,190 | -4.8% | 0.9% |
| Gilbert | $1,010 | 2.0% | 6.3% | $1,290 | 1.6% | 3.2% |
| Chandler | $950 | -2.1% | 9.2% | $1,150 | -0.9% | 5.5% |
| Goodyear | $920 | 2.2% | -5.2% | $1,520 | 4.8% | -14.6% |
| Surprise | $920 | 3.4% | 1.1% | $1,620 | 5.2% | 8.0% |
| Tempe | $920 | 2.2% | 15.0% | $1,100 | -1.8% | 2.8% |
| Peoria | $900 | -5.3% | 1.1% | $1,200 | 5.3% | 7.1% |
| Avondale | $890 | 4.7% | 11.3% | $1,000 | 5.3% | 1.0% |
| Phoenix | $870 | 3.6% | 8.7% | $1,050 | 2.9% | 5.0% |
| Mesa | $790 | -1.3% | 9.7% | $980 | 3.2% | 8.9% |
| Glendale | $700 | 1.4% | 4.5% | $880 | 1.1% | 2.3% |
| Casa Grande | $550 | -5.2% | -5.2% | $630 | 0.0% | 3.3% |
About
The Zumper Los Angeles Metro Report analyzed over 30,000 listings that hit the market in March 2017. Listings are aggregated by city to calculate median asking rents.
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