Los Angeles Rent Growth Flat This Year
Rents have held steady at an average of $1,760 for a two bedroom apartment, but rent growth is flat.
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.