Many prospective home buyers or renters who are moving to Los Angeles, either for work or to be closer to their family, don’t have a realistic idea of the cost of housing in our fair city.
I will often receive emails asking me to help find homes to rent under $2,000 or to buy under $300,000. Take a look at where you would need to start at a minimum, and I do mean minimum.
Single family homes – $850,000
Condos – $450,000 and this would probably be a one-bedroom.
Leases – $2,500, but more realistically $3,000. You will probably find more selection using such services as Westside Rentals, Craigslist, or maybe airbnb as landlords don’t tend to give listings at the lower end to Realtors®.
Housing in Los Angeles does not come cheap, nor is it easy to find at present. There is a shortage of both rentals and homes for sale, so you will need to do your research before your move.
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