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Looking for a Los Angeles Rental Home? How is the Market?

Posted by janepeters on March 21, 2013
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If you are moving to Los Angeles or simply looking for a Los Angeles rental home  you will want to know how the rental market is doing.  Just like homes for sale, the Los Angeles rental market favors landords.  If something good is listed, at the right price, it will go quickly.

Check out the Los Angeles rental market

So let’s take a look at the trend over the past six months (prices are per month):

Community Leased Price Range Median
Active Median
Bel Air/Holmby Hills* 46 $1,850 – $175,000 $6,275 44 $11,,500
Beverly Center | MM* 114 $1,200 – $12,000 $3,055 43 $3,604
Beverly Hills P.O. 35 $3,295 – $35,000  $7,900 43 $16,000
Beverlywood 47 $1,250 – $9,000 $3,300 13 $4.000
Brentwood 108 $1,475 – $33,000 $4,775 44 $4,823
Cheviot Hills/Rancho Pk * 12 $2,575 – $12,000 $5,400 4 $5,925
Culver City 56 $1,350 – $8,500 $2,500 6 $3,100
Downtown L.A. 6 $1,695 – $12,000 $3,125 7 $5,000
Hancock Park Vicinity* 83 $1,200 – $20,000 $3,000 38 $3,025
Hollywood 87 $995 – $22,740 $2,700 53 $3,200
Hollywood Hills E. 52 $1,750 – $42,000 $4,500 19 $5,400
Hollywood Hills W/Sunset 160 $1,550 – $50,000 $6,995 98 $8,625
Los Feliz/Atwater Village* 41 $1,750 – $33,600  $4,300 18 $8,375
Malibu 152 $1,100 – $125,000 $5,000 249 $12,000
Marina Del Rey 174 $1,500 – $13,000 $3,563 77 $4,200
Pacific Palisades 103 $1,095 – $62,500  $5,500 29 $5,300
Palms/Mar Vista* 43 $1,450 – $6,950 $3,475 10 $4,238
Playa Del Rey 23  $1,450 – $7,000 $2,750 11  $4,500
Playa Vista 20 $1,900 – $4,600 $3,250 3 $7,500
Santa Monica 282 $1,200 – $38,500 $4,893 90 $7,925
Silver Lake | Echo Park* 39 $700 – $32,000 $2,500 11 $2,800
Studio City 63 $1,000 – $12,000 $3,495 26 $4,098
Venice 73 $2,000 – $12,200 $4,500 28 $5,775
West Hollywood 165 $1,350 – $11,500 $2,995 65 $3,395
West Los Angeles 47 $1,400 – $5,000 $2,750 15  $3,000
Westchester 32 $975 – $39,000 $3,275 5 $3,400
Westwood** 244 $1,500 – $21,000 $3,313 130 $4,198

Information provided by MLS/CLAW deemed reliable but not guaranteed 

*These areas are combined in the MLS

**This includes Century City and Wilshire Corridor condos.

If you are moving to Los Angeles, you will need to pick and area based on your needs.  Do you need to be near a particular school or your place of employment, are you looking for a particular type of property or lifestyle, is price a consideration?  Don’t hesitate to contact me to help you narrow down your multiple options.

Homes for rent in Los Angeles

 

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