Los Angeles rounded out the top 5 markets nationally with one bedroom rent decreasing 1.3% last month to $2,250, while two bedrooms fell 2.3% to $3,030. Notably, on a year over year basis, two bedroom rent is down nearly 8%. Seeing Los Angeles have declining rates on all fronts in summer moving season much relief to renters as prices here have mainly been on an upward trend the past few years.
While Bel Air – Beverly Crest and Atwater Village had the fastest growing rents this summer, both up over 11%, Greater Wilshire and Ladera Heights saw the largest rent dips, down 13% and 9%, respectively.
On the Westside, Santa Monica, Marina del Rey, and Venice continued to rank as the top 3 priciest areas with rents at or above the $3,000 threshold. Meanwhile, Pacific Palisades ($2,900) moved up to be the next most expensive with Bel Air – Beverly Crest ($2,850), Downtown Los Angeles ($2,775), and Beverly Hills ($2,695) trailing closely behind.
Mid-range priced rentals at just under $2,000 could be found in Greater Wilshire, PICO, and South Robertson.
Central Alameda ($1,250) and Florence – Graham ($1,350) continued to be the most affordable neighborhoods.
Full Data
| Neighborhood | May '19 One Bed Rent |
|---|---|
| Atwater Village | $2,000 |
| Bel Air/Beverly Crest | $2,850 |
| Beverly Hills | $2,695 |
| Brentwood | $2,495 |
| CANNDU | $1,395 |
| Central Alameda | $1,250 |
| Congress Central | $1,660 |
| Congress North | $1,600 |
| Congress Southwest | $1,500 |
| Congress West | $1,595 |
| Culver City | $2,200 |
| Downtown Los Angeles | $2,775 |
| Florence-Graham | $1,350 |
| Glassell Park | $1,710 |
| Greater Cypress Park | $1,600 |
| Greater Echo Park Elysian | $2,050 |
| Greater Griffith Park | $2,100 |
| Greater Wilshire | $1,990 |
| Historic Cultural | $2,535 |
| Hollywood | $1,895 |
| Hollywood Hills West | $2,280 |
| Hollywood United | $1,995 |
| Ladera Heights | $1,650 |
| Macarthur Park | $1,610 |
| Mar Vista | $1,995 |
| Marina del Rey | $3,150 |
| Mid City | $1,710 |
| Mid-City West | $2,500 |
| Olympic Park | $1,575 |
| Pacific Palisades | $2,900 |
| Park Mesa Heights | $1,500 |
| PICO | $1,995 |
| Pico Union | $1,625 |
| Rampart Village | $1,760 |
| Santa Monica | $3,500 |
| Silver Lake | $2,395 |
| South Central LA | $1,400 |
| South Robertson | $1,995 |
| UNNC | $1,700 |
| Venice | $3,000 |
| View Park - Windsor hills | $1,650 |
| Voices of 90037 | $1,581 |
| West Adams | $1,525 |
| West Hollywood | $2,320 |
| West Los Angeles | $2,190 |
| Westchester - Playa del Rey | $2,100 |
| Westlake | $1,715 |
| Westside | $2,250 |
| Westwood | $2,600 |
| Wilshire Center - Koreatown | $1,750 |
If you want to see how rent in Los Angeles compares with the rest of the nation’s, view our National Rent Report for June, 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.
Contenu associé
