Rental market trends in Los Angeles, CA
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Average Apartment Cost in Los Angeles, CA
The average rent for apartments in Los Angeles, CA, is between $2,347 and $3,706 in 2023. For a studio apartment in Los Angeles, CA, the average rent is $2,347. When it comes to 1-bedroom apartments, the average rent in Los Angeles, CA, is $2,800. For a 2-bedroom apartment, the average rent is $3,706.
Apartment Rent Ranges in Los Angeles, CA
Apartment Prices Proportion | |
|---|---|
How Other Cities Compare to Los Angeles, CA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Torrance | $3,530 | +7% |
| Irvine | $2,917 | +8% |
| Hollywood | $2,702 | +7% |
| Orange | $2,643 | +8% |
| Glendale | $2,536 | +7% |
| Santa Monica | $2,534 | -24% |
| North Hollywood | $2,266 | -2% |
| Ontario | $2,086 | -35% |
| Huntington Beach | $2,074 | -11% |
| Sherman Oaks | $2,061 | +21% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Hollywood | $3,525 | -3% |
| Irvine | $3,390 | +17% |
| Santa Monica | $3,295 | -19% |
| Long Beach | $3,155 | +13% |
| Glendale | $3,146 | +11% |
| Studio City | $2,730 | -8% |
| North Hollywood | $2,533 | +1% |
| Huntington Beach | $2,420 | +4% |
| Pasadena | $2,375 | 0% |
| Ontario | $2,276 | -2% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Santa Monica | $5,149 | +4% |
| Hollywood | $4,737 | -7% |
| Glendale | $4,366 | +19% |
| Irvine | $4,237 | +20% |
| Long Beach | $3,746 | +2% |
| Studio City | $3,271 | -4% |
| North Hollywood | $3,058 | +2% |
| Pasadena | $2,990 | -16% |
| Huntington Beach | $2,945 | 0% |
| Torrance | $2,850 | +10% |
Los Angeles, CA Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 |
| $2270 | $2281 | $2324 | $2344 | $2302 | $2225 | $2225 | $2285 | $2222 | $2317 | $2347 | $2304 | $2368 |
| $2825 | $2829 | $2847 | $2815 | $2761 | $2750 | $2740 | $2733 | $2731 | $2765 | $2818 | $2796 | $2811 |
| $3863 | $3983 | $3920 | $3856 | $3850 | $3929 | $3835 | $3884 | $3831 | $3817 | $3775 | $3775 | $3775 |
| $5250 | $5235 | $5692 | $5412 | $5122 | $5325 | $5462 | $5599 | $5372 | $5442 | $5511 | $5525 | $5475 |
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