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Los Angeles Metro Report: October 2017

The Zumper Los Angeles Metro Report analyzed active listings in September across 19 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The California state median was $1,699 last month.

Cities Ranked By Rent

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The Most Expensive

Santa Monica, CA rent grew to $3,350 last month, holding onto its position as the most expensive in the metro.

Pasadena, CA, substantially less expensive than Santa Monica, ranked as the second most expensive city with rent at $2,190.

Los Angeles, Californie was third with one bedrooms priced at $2,160.

The Least Expensive

Palmdale, CA rent, though the fastest growing in the metro last month, remained the most affordable by far at $760.

Pomona, CA followed suit as the second priciest city with rent at $1,260.

Bellflower, CA barely inched out Pomona with rent at $1,270.

Growth Rate

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The Fastest Growing (Y/Y%)

West Covina, CA rent had the largest yearly growth rate in the metro, up 15.4%.

Burbank, CA followed closely behind as second with rent climbing 15.3% since this time last year.

Norwalk, CA was third with rent up 14.2%.

The Fastest Growing (M/M%)

Palmdale, CA had the fastest growing rent since last month, up a whopping 5.6%.

Santa Clarita & Culver City, CA tied for second with rents climbing 5.2% since last month.

Santa Monica, CA rent was the third fastest growing, up 4.7%.LA Sept

 

Full Data

1 Bedroom2 Bedrooms
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Santa Monica$3,180-5.10%6.70%$4,320-5.10%1.90%
2Glendale$2,1600.90%1.90%$2,650-2.20%0.00%
3Pasadena$2,120-3.20%-3.60%$2,750-4.80%-1.40%
4Los Angeles$2,100-2.80%3.40%$3,140-1.90%4.70%
5Culver City$2,010-1.00%0.50%$2,9500.70%13.50%
6Burbank$1,9801.00%12.50%$2,7704.50%10.80%
7Santa Clarita$1,790-1.60%6.50%$2,090-0.90%10.00%
8Torrance$1,6000.00%1.30%$2,110-4.10%2.90%
9West Covina$1,5604.00%15.60%$1,770-1.70%7.30%
10Alhambra$1,470-5.20%4.30%$2,090-4.10%15.50%
11Norwalk$1,3901.50%13.00%$1,700-2.90%4.30%
12Inglewood$1,3701.50%12.30%$1,8001.10%11.10%
13Downey$1,350-3.60%5.50%$1,7600.60%4.80%
14Baldwin Park$1,320-1.50%-2.90%$1,6305.20%7.90%
15Hawthorne$1,3100.80%9.20%$1,650-1.20%7.10%
16Whittier$1,3001.60%5.70%$1,5900.60%-5.90%
17Bellflower$1,2800.80%15.30%$1,5704.70%3.30%
17Pomona$1,2801.60%9.40%$1,600-3.00%3.90%

About

The Zumper LA Metro Report analyzed active listings that hit the market in September 2017. Listings are aggregated by city to calculate median asking rents.

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