Coming ahead of Oakland, Seattle, and Miami, Los Angeles ranked as the 6th most expensive city to rent in the nation. One bedroom prices climbed 4.8% to $2,200, while two bedrooms increased 1.3% to $3,180. On a year over year basis, one bedroom rent is up over 8%.
While Ladera Heights and Westchester – Playa del Rey had the fastest growing rents this quarter, up 10% and 12%, respectively, Glassell Park and South Central Los Angeles saw the biggest rent dips, both down over 7%.
Continuing a similar trend from last quarter, Santa Monica ($3,090) and Venice ($2,900) were the most expensive areas to rent this winter. More affordable rentals, priced under $2,200, could be found in West Los Angeles, Silver Lake, and Greater Wilshire.
Neighborhoods still close to bustling Downtown Los Angeles, but with one bedrooms priced under $1,500, included Macarthur Park, Pico Union, and Congress North.
If you want to see how rent in Los Angeles compares with the rest of the nation’s, view our National Rent Report for December, 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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