The good news: Los Angeles apartment rents have held steady at $1,760 on average for a two-bedroom apartment. The bad news: The city has seen flat rent growth in the last year. This data is from Apartment List.
Rents in Los Angeles have declined 0.1%. over the past month, but have remained flat year-over-year. While, rents have remained steady in the city of Los Angeles, cities across the metro have seen rents increase. Of the largest 10 cities in the Los Angeles metro, eight of them have seen prices rise.
Overall, Los Angeles is less affordable than other major metros nationwide. The national average for a two-bedroom apartment is $1,191.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.