Coming into the fall, Los Angeles saw declines in both one and two bedroom prices. One bedrooms fell 3.5% to a median of $1,920, while two bedrooms dropped 2.3% to $2,950. However, on a year over year basis, the price of two bedrooms is up over 11%.
Ranging between median monthly prices of $2,750 – $3,000 for one bedroom units, coastal Santa Monica, Venice, and Marina del Rey were the most expensive areas to rent this fall. Following closely behind, Westwood ($2,700), Beverly Hills ($2,695), and Pacific Palisades ($2,600) had the next priciest rentals.
Mid-range priced rentals could be found closer to the center of the city and include Olympic Park ($1,495), Westlake ($1,550), and Wilshire Center – Koreatown ($1,580).
If you’re interested in seeing how Los Angeles rent prices compare to the rest of the United States, 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 over 10,100 apartments for rent in Los Angeles on Zumper.
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