With fairly stable rents this month, Los Angeles held onto its position as the 6th most expensive city in the nation. One bedroom units remained steady at $2,150, while two bedrooms grew 3.2% to $3,200.
While Atwater Village and South Central Los Angeles had the fastest growing rents since last quarter, up 12% and 9%, respectively, Florence – Graham had the largest rent dip, down over 12%.
Though Santa Monica ($2,900) and Venice ($2,895) continued to be the most expensive areas to rent this fall, there were no rentals in the most expensive category for the first time ever. Other notably expensive neighborhoods, though further away from the beach, included Downtown ($2,550), Westwood ($2,550), and Historic Cultural ($2,420).
More affordable rents, around the $1,400 range, could be found in Greater Cypress Park, Macarthur Park, and Ladera Heights.
If you want to see how rent in Los Angeles compares with the rest of the nation’s, view our National Rent Report for September, which analyzes over 1 million active listings available in the prior month.
To keep up to date with rent changes across the country, like or follow Zumper on Facebook, Twitter, Pinterest, and Instagram. In the market for a new place? Search all Los Angeles apartments for rent on Zumper.
For a more in-depth look into why and how we calculate our rental data, check out our methodology post here.
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