162 Cheap Apartments for rent in Beverly Hills, CA

Last updated July 18 at 6:01pm UTC
9594 West OLYMPIC Boulevard
Beverly Hills
Beverly Hills, CA
Updated July 3 at 2:12am UTC
1 Bedroom
$2,750
Results within 1 miles of Beverly Hills, CA
8530 Holloway Drive
West Hollywood
West Hollywood, CA
Updated July 17 at 6:38am UTC
1 Bedroom
$2,450
1879 SUNSET PLAZA Drive
Hollywood Hills
Los Angeles, CA
Updated July 14 at 7:14pm UTC
1 Bedroom
$2,100
8540 Saturn Street
Pico - Robertson
Los Angeles, CA
Updated July 11 at 9:52am UTC
2 Bedrooms
$2,800
Results within 5 miles of Beverly Hills, CA
The Pearl
687 South Hobart Boulevard
Los Angeles, CA
Updated July 18 at 5:03pm UTC
Studio
$1,879
1 Bedroom
$2,372
2 Bedrooms
$3,077
1330 Miller Dr
Hollywood Hills
West Hollywood, CA
Updated July 14 at 1:18am UTC
1 Bedroom
$2,175
123 N Swall Dr
Mid-City West
Los Angeles, CA
Updated July 3 at 7:22pm UTC
1 Bedroom
$2,100

July 2018 Beverly Hills Rent Report

Welcome to the July 2018 Beverly Hills Rent Report. Beverly Hills rents remained steady over the past month. In this report, we'll evaluate trends in the Beverly Hills rental market, including comparisons to cities throughout the metro, state, and nation.

View full Beverly Hills Rent Report
Rent Report
Beverly Hills

July 2018 Beverly Hills Rent Report

Welcome to the July 2018 Beverly Hills Rent Report. Beverly Hills rents remained steady over the past month. In this report, we'll evaluate trends in the Beverly Hills rental market, including comparisons to cities throughout the metro, state, and nation.

Beverly Hills rent trends were flat over the past month

Beverly Hills rents have remained flat over the past month, however, they have increased marginally by 0.9% year-over-year. Currently, median rents in Beverly Hills stand at $3,180 for a one-bedroom apartment and $4,080 for a two-bedroom. Beverly Hills' year-over-year rent growth lags the state average of 2.1%, as well as the national average of 1.4%.

Rents rising across the Los Angeles Metro

Throughout the past year, rent increases have been occurring not just in the city of Beverly Hills, but across the entire metro. Of the largest 10 cities that we have data for in the Los Angeles metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Lancaster has seen the fastest rent growth in the metro, with a year-over-year increase of 4.9%. The median two-bedroom there costs $1,760, while one-bedrooms go for $1,370.
  • Over the past year, Huntington Beach is the only city in the metro that has seen rents fall, with a decline of 1.0%. Median two-bedrooms there cost $2,340, while one-bedrooms go for $1,820.
  • Los Angeles proper has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,750; rents were up 0.2% over the past month and 1.6% over the past year.
  • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,690; rents grew 0.5% over the past month and 2.9% over the past year.

Many large cities nationwide show more affordable rents compared to Beverly Hills

As rents have increased marginally in Beverly Hills, large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Beverly Hills is less affordable for renters.

  • Rents increased moderately in other cities across the state, with California as a whole logging rent growth of 2.1% over the past year. For example, rents have grown by 1.7% in San Jose, 1.0% in San Francisco, and 1.0% in San Diego.
  • Beverly Hills' median two-bedroom rent of $4,080 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 0.9% increase in Beverly Hills.
  • While Beverly Hills' rents rose marginally over the past year, some cities nationwide saw decreases, including Seattle (-2.0%) and DC (-0.1%).
  • Renters will generally find more expensive prices in Beverly Hills than most large cities. For example, Houston has a median 2BR rent of $1,030, where Beverly Hills is nearly four times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Los Angeles $1,360 $1,750 0.2% 1.6%
Long Beach $1,370 $1,770 -0.0% 2.1%
Anaheim $1,620 $2,080 -0.3% 1.7%
Santa Ana $1,440 $1,840 -0.4% 0.8%
Irvine $2,090 $2,690 0.5% 2.9%
Glendale $1,410 $1,810 0.9% 2.8%
Huntington Beach $1,820 $2,340 -0.7% -1.0%
Santa Clarita $2,000 $2,570 0.2% 4.1%
Lancaster $1,370 $1,760 0.3% 4.9%
Palmdale $1,570 $2,020 0.5% 2.4%
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Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.