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1299 Luxury Apartments for rent in Los Angeles, CA

889 FRANCISCO Street
889 Francisco Street
Los Angeles, CA
Updated February 19 at 01:45am
2 Bedrooms
$4,300
450 North ROSSMORE Avenue
450 North Rossmore Avenue
Los Angeles, CA
Updated February 19 at 01:45am
3 Bedrooms
$8,150
11656 La Maida Street
11656 La Maida Street
Los Angeles, CA
Updated February 19 at 01:45am
4 Bedrooms
$7,900
18235 Chatham Lane
18235 W Chatham Lane
Los Angeles, CA
Updated February 19 at 01:45am
5 Bedrooms
$7,000
12530 Collins Street
12530 W Collins St
Los Angeles, CA
Updated February 19 at 01:45am
6 Bedrooms
$20,000
5044 Andasol Avenue
5044 Andasol Avenue
Los Angeles, CA
Updated February 19 at 01:45am
5 Bedrooms
$29,999
5316 Auckland Avenue
5316 Auckland Avenue
Los Angeles, CA
Updated February 19 at 01:45am
2 Bedrooms
$2,900
6530 Sepulveda Boulevard
6530 N Sepulveda Blvd
Los Angeles, CA
Updated February 19 at 01:45am
2 Bedrooms
$2,695
15906 Valley Vista Boulevard
15906 Valley Vista Boulevard
Los Angeles, CA
Updated December 10 at 09:53pm
5 Bedrooms
$7,500

February 2019 Los Angeles Rent Report

Welcome to the February 2019 Los Angeles Rent Report. Los Angeles rents remained steady over the past month. In this report, we'll evaluate trends in the Los Angeles rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

February 2019 Los Angeles Rent Report

Welcome to the February 2019 Los Angeles Rent Report. Los Angeles rents remained steady over the past month. In this report, we'll evaluate trends in the Los Angeles rental market, including comparisons to cities throughout the metro, state, and nation.

Los Angeles rents held steady over the past month

Los Angeles rents have remained flat over the past month, however, they are up slightly by 1.4% year-over-year. Currently, median rents in Los Angeles stand at $1,360 for a one-bedroom apartment and $1,750 for a two-bedroom. Los Angeles' year-over-year rent growth leads the state average of 0.3%, as well as the national average of 1.0%.

    Rents rising across the Los Angeles Metro

    Throughout the past year, rent increases have been occurring not just in the city of Los Angeles, 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 the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,600; the city has also seen rents fall by 7.5% over the past year, the biggest drop in the metro.
    • Santa Clarita has seen the fastest rent growth in the metro, with a year-over-year increase of 3.4%. The median two-bedroom there costs $2,570, while one-bedrooms go for $2,000.
    • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,700; rents were down 0.4% over the past month but remained flat year-over-year.

    Comparable cities nationwide show more affordable rents compared to Los Angeles

    As rents have increased slightly in Los Angeles, a few other large cities nationwide have also seen rents grow modestly. Compared to most similar cities across the country, Los Angeles is less affordable for renters.

    • Rents increased moderately in other cities across the state, with California as a whole logging rent growth of 0.3% over the past year. For example, rents have grown by 3.8% in San Jose, 2.7% in San Francisco, and 1.6% in San Diego.
    • Los Angeles' median two-bedroom rent of $1,750 is above the national average of $1,170. Nationwide, rents have grown by 1.0% over the past year compared to the 1.4% rise in Los Angeles.
    • While Los Angeles' rents rose slightly over the past year, many cities nationwide also saw increases, including Phoenix (+3.6%), Austin (+3.3%), and New York (+2.4%).
    • Renters will generally find more expensive prices in Los Angeles than most other large cities. For example, Houston has a median 2BR rent of $1,020, where Los Angeles is more than one-and-a-half 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
    1.4%
    Long Beach
    $1,370
    $1,770
    0.1%
    0.4%
    Anaheim
    $1,640
    $2,110
    0.6%
    1.4%
    Santa Ana
    $1,450
    $1,860
    0.5%
    0.1%
    Irvine
    $2,100
    $2,700
    -0.4%
    0.3%
    Glendale
    $1,410
    $1,810
    -0.7%
    1.2%
    Huntington Beach
    $1,830
    $2,350
    0.8%
    1.3%
    Santa Clarita
    $2,000
    $2,570
    -0.7%
    3.4%
    Garden Grove
    $1,630
    $2,100
    0.2%
    0.1%
    Lancaster
    $1,240
    $1,600
    -0.4%
    -7.5%
    Palmdale
    $1,450
    $1,860
    0
    -6.5%
    Pomona
    $1,110
    $1,420
    1.5%
    -1.6%
    Torrance
    $1,620
    $2,080
    0
    2.8%
    Pasadena
    $1,620
    $2,090
    -0.3%
    -0.1%
    Orange
    $1,780
    $2,290
    -0.2%
    0.8%
    Fullerton
    $1,550
    $2,000
    0.1%
    3%
    El Monte
    $1,390
    $1,780
    -4.4%
    13.5%
    Downey
    $1,570
    $2,010
    0.2%
    12.7%
    Costa Mesa
    $1,830
    $2,360
    -0.2%
    0.7%
    West Covina
    $1,780
    $2,290
    0.1%
    2.3%
    Norwalk
    $1,570
    $2,020
    0.5%
    3.5%
    Burbank
    $1,630
    $2,090
    -0.6%
    -0.9%
    Mission Viejo
    $2,090
    $2,680
    1%
    2.3%
    Santa Monica
    $1,670
    $2,150
    -0.8%
    0.5%
    Westminster
    $1,560
    $2,010
    -0.8%
    -2.2%
    Newport Beach
    $2,830
    $3,640
    -1.2%
    0.5%
    Hawthorne
    $1,240
    $1,600
    -0.1%
    5%
    Lake Forest
    $1,870
    $2,400
    -1%
    1.4%
    Bellflower
    $1,340
    $1,730
    0.5%
    -1.5%
    Tustin
    $1,930
    $2,470
    -0.2%
    0.6%
    Redondo Beach
    $1,880
    $2,410
    -1.3%
    -5.4%
    San Clemente
    $2,310
    $2,980
    -0.5%
    -0.3%
    Laguna Niguel
    $1,820
    $2,340
    -0.5%
    1.1%
    Fountain Valley
    $1,840
    $2,360
    0.6%
    0.3%
    Paramount
    $1,450
    $1,870
    0
    1.3%
    Placentia
    $2,060
    $2,650
    -0.2%
    18.6%
    Rancho Santa Margarita
    $1,960
    $2,510
    -0.1%
    1.9%
    Rancho Palos Verdes
    $3,870
    $4,980
    1.2%
    13%
    Brea
    $1,920
    $2,470
    -0.9%
    10.7%
    Claremont
    $1,410
    $1,810
    1.1%
    -1.5%
    West Hollywood
    $2,010
    $2,580
    -3.6%
    -2.2%
    Beverly Hills
    $2,650
    $3,410
    -2%
    -15.9%
    San Dimas
    $1,840
    $2,370
    -0.1%
    2.2%
    Dana Point
    $2,050
    $2,630
    -0.6%
    0.6%
    Agoura Hills
    $2,320
    $2,980
    0.8%
    1.5%
    Hermosa Beach
    $2,010
    $2,580
    -0.1%
    -6.4%
    Marina del Rey
    $3,630
    $4,670
    0.5%
    2.8%
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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.