2016 Summer Rental Rates, Los Angeles

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2016 Summer Rental Prices

 

Los Angeles rentals are getting pricey!  This handy map shows the median rental rate for L.A. communities.

 

Los Angeles rental rates are at an all-time high.  Only 6 cities in the nation are more expensive than L.A., and half of those are in California!

An online rental site, Zumper, mapped the median rent prices this summer in different areas of Los Angeles.  Overall, the median price a one-bedroom unit is $1,970, and two bedrooms run about $2,900.  Both one-bedroom and two-bedroom rental prices have gone up about 15% since this same time last year.

Santa Monica is the most expensive city in L.A., according to the data, with a monthly median of $3,000 for a one-bedroom unit.  Venice and Westwood follow closely behind, and the west side in general is going to cost you.

You get the most bang for your buck closer to the city center with the Pico-Union district at $1,275 for a one-bedroom.  MacArthur Park, UNNC, and the West Adams areas are rentable for under $1,350 a month.

 

LosAngeles_MonthlyPriceMedianMap_Summer2016

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