Apartments for Rent in Northwest San Pedro, Los Angeles, CA

Northwest San Pedro, Los Angeles apartment availability

Northwest San Pedro's rental market offers a good selection of listings, with an average of 39 rentals available each month. The majority of rentals are 2-bedroom apartments, followed by 1-bedroom and 3-bedroom units. Many apartments in the area feature desirable amenities, including on-site laundry, air conditioning, and outdoor spaces, which are available in approximately 55%, 46%, and 49% of rentals, respectively. This mix of amenities and unit types makes Northwest San Pedro a viable option for renters seeking a variety of choices in the Los Angeles area.

Northwest San Pedro, Los Angeles rental market trends

Northwest San Pedro's rental market experienced a decline of approximately 6% last year, with the average monthly rent (all bed counts and property types) settling at around $2,783. 1-bedrooms averaged $1,910 per month, reflecting a modest annual increase of 0.6%. In contrast, 2-bedrooms saw a more significant increase of 3.1%, with an average rent of $2,774. The average rent for a 3-bedroom was about $4,168, representing a substantial annual increase of 17.7%. Studios, on the other hand, averaged $1,556 per month, with a slight decline of 2.3% from the previous year.

The rental market in Northwest San Pedro tends to peak in the fall, with October typically seeing the highest rent prices, about 19% higher than in May, the month with the lowest rent. If you're searching for a new apartment, May might be a good time to find a relatively affordable option. However, if you're looking to avoid competition, it's essential to be aware that the most competitive months are not explicitly defined in the data, but the significant rent increase in October suggests that this might be a popular time to rent in Northwest San Pedro.

Why Northwest San Pedro, Los Angeles is a great place to live

Northwest San Pedro is a neighborhood that aligns with the lifestyles and interests of renters who value a vibrant social life. Our analysis of local data reveals that this area is particularly well-suited for those who thrive in a dynamic community.

Key factors contributing to its popularity include convenient transit options, a diverse age distribution among residents, well-developed street infrastructure, a high walk score, and a strong safety record. These elements combine to create an environment that fosters connections and makes it easy to get out and enjoy all that the neighborhood has to offer. If an active social life is a priority, Northwest San Pedro is definitely worth considering.