Los Angeles rent prices increased over the past month
In LA, rents grew by 0.7% over the past month, bringing year-over-year rent growth to 3.8%. 1-bedrooms in Los Angeles have a median rent of $1,950, while 2-bedrooms cost $2,800.
Los Angeles is the most expensive city for renters
- Pasadena: Trailing only LA itself, Pasadena has the 2nd highest rent prices in the metro. 2-bedrooms in Pasadena cost $2,710, and 1-beds run a median rent of $2,010. Rents in Pasadena have grown by 3.2% in the past year, though rent prices decreased by 0.9% over the past month.
- Irvine: Irvine is the 4th most expensive city for renters in the LA metro. 1- and 2-bedrooms in Irvine cost $1,940 and $2,620, respectively. Irvine rents decreased by 0.4% over the past month.
- Glendale: Glendale shows the 2nd fastest-growing rents in the metro, with prices 8.2% higher than last year. 2-bedrooms in Glendale rent for $2,670, and 1-bedrooms cost $2,110.
Westwood is the most expensive neighborhood
- Westwood: Westwood has the highest rent prices of any LA neighborhood. 2-bedrooms in Westwood have a median rent of $4,150, and 1-beds run $3,000. Rents in Westwood grew by 1.8% over the last month, and prices have increased by 6.0% in the past year.
- Downtown: Downtown LA is the 4th most expensive neighborhood for renters. Median rents there are at $3,430 for 2-bedrooms and $2,590 for 1-bedrooms. Rents decreased by 1.0% over the past month, though prices have grown by 5.1% in the past year.
- West Hills - Canoga Park: Having experienced a 4.1% increase in rents over the past year, West Hills - Canoga Park shows the 5th fastest-growing rents in the metro. 2-bedrooms there rent for $2,200, and 1-beds cost $1,590.
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Apartment List Rent Report data is drawn monthly from the millions of listings on our site. 1-bedroom and 2-bedroom rents are calculated as the median for units available in the specified size and time period. Price changes are calculated using a “same unit” methodology similar to the Case-Shiller “repeat sales” home prices methodology, taking the average price change for units available across both time periods.
About Rent Reports:
Apartment List’s Rent Reports cover rental pricing data in major cities, their suburbs, and their neighborhoods. We provide valuable leading indicators of rental price trends, highlight data on top cities, and identify the key facts renters should know. As always, our goal is to provide price transparency to America’s 105 million renters to help them make the best possible decisions in choosing a place to call home.