Rental market snapshot for Los Angeles, California

Los Angeles, California Rental Property Market Overview

Los Angeles, California is the second most populous city in the United States with a population of 3,849,297 as of 2021 according to the US Census. It is a major cultural and economic center in the United States, known for its entertainment industry, beaches, and diverse population. Los Angeles is home to many iconic landmarks, such as the Hollywood Sign, the Griffith Observatory, and the Walt Disney Concert Hall. It is also home to numerous museums, galleries, and other attractions. Los Angeles is a vibrant city with a rich history and culture, making it a popular destination for tourists and locals alike.

The average rent for an apartment in Los Angeles is $3,076. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -2.1% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Los Angeles California | Cost of Living

  • The most expensive ZIP Code in Los Angeles is 90067 with an average price of $11,900
  • The cheapest ZIP Code in Los Angeles is 90001 with an average price of $1,595

Los Angeles ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
190067$11,900
290049$4,495
390024$3,695
490036$3,650
590035$3,630
690064$3,578
790069$3,498
890048$3,465
990025$3,395
1090007$3,350

Live near Los Angeles, California's Top Sights and Attractions

Algin Sutton Recreation Center is a public park located in the heart of Los Angeles. It features a variety of outdoor activities, including a large outdoor pool, basketball courts, tennis courts, a playground, and a picnic area. The park also has a community center with a gym, a computer lab, and a library. There are also a variety of classes and programs available for all ages, from toddlers to seniors.

State Street Recreation Center is a public park located in a bustling urban area. It features a variety of outdoor activities, including basketball and tennis courts, a playground, and a swimming pool. There is also a large grassy area for picnics and other activities. The park is well-maintained and has plenty of seating and shade. It is a great place to spend a day with family and friends.

Julian C Dixon Park is a popular outdoor destination located in the heart of Los Angeles. It features a large grassy area, perfect for picnics and outdoor activities, as well as a playground and basketball court. The park also has a walking path, a pond, and plenty of trees and shrubs for shade. Visitors can also enjoy the park's many benches, which offer a great place to relax and take in the scenery.

Sepulveda Basin Recreation Area is a sprawling park located in the San Fernando Valley. It features a variety of outdoor activities, including a lake for fishing, a bike path, and a golf course. The park also has a large grassy area for picnicking and playing sports, as well as a playground and a dog park. The park is also home to a variety of wildlife, including ducks, geese, and other birds. Visitors can also enjoy the nearby Sepulveda Dam, which provides a scenic backdrop for the park.

William Nickerson Gardens Recreation Center is a popular destination for visitors and locals alike. It features a large outdoor park with a variety of activities, including basketball courts, a playground, and a picnic area. There is also an indoor facility with a gym, a pool, and a fitness center. The center also offers a variety of classes and programs for all ages, including dance, martial arts, and sports. The center is a great place to spend time with family and friends, and it is conveniently located near other attractions in the area.

The Earvin Magic Johnson Recreation Area is a popular outdoor destination located in sunny Southern California. It features a variety of recreational activities, including basketball courts, tennis courts, a swimming pool, a playground, and a picnic area. The area is also home to a skate park, a jogging track, and a fitness center. The park is well-maintained and offers a great place to relax and enjoy the outdoors.

Van Nuys Golf Course is an 18-hole, par-71 golf course located in Los Angeles, California. It features a challenging layout with tree-lined fairways, water hazards, and sand bunkers. The course is well-maintained and offers a variety of amenities, including a driving range, practice putting green, pro shop, and snack bar. It is open to the public and is a popular spot for golfers of all skill levels.

Valley Plaza Park is a lush green oasis in the heart of the city. It features a large grassy area for picnics and outdoor activities, as well as a playground, basketball court, and walking paths. The park also has a pond with a fountain, a gazebo, and a variety of trees and plants. Visitors can enjoy the peaceful atmosphere and take in the stunning views of the surrounding area.

Will Rogers State Beach is a popular beach destination located in Los Angeles, California. It is a beautiful beach with a long stretch of white sand and crystal blue waters. Visitors can enjoy a variety of activities such as swimming, surfing, fishing, and sunbathing. There are also picnic tables, volleyball courts, and a playground for children. The beach is also home to a variety of wildlife, including dolphins, sea lions, and whales. The beach is a great spot for a day of relaxation and fun.

El Sereno Recreation Center is a popular recreational spot located in the hills of Los Angeles. It features a variety of outdoor activities, including a large swimming pool, basketball courts, a playground, and a picnic area. The center also offers a variety of classes, such as dance, martial arts, and fitness. The center is a great place to spend a day with family and friends, as it provides a safe and fun environment for all ages.

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Los Angeles, California area median rent change by ZIP Code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Los Angeles compare to other cities in California ?

citymedian price
Imperial Beach$3,395
San Mateo$3,666
La Jolla$3,590
Orangevale$2,620
Granada Hills$2,650
Hollywood$3,042
Rocklin$2,595
Pacific Palisades$7,495

Average household income in Los Angeles area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Los Angeles in 2021 was $65,290. This represents a 30.5% change from 2011 when the median was $50,028.

#categorypercent
0Less than $10,0006.6%
1$10,000 to $14,9995.5%
2$15,000 to $19,9994.2%
3$20,000 to $24,9994.4%
4$25,000 to $29,9994.1%
5$30,000 to $34,9994.1%
6$35,000 to $39,9993.8%
7$40,000 to $44,9993.9%
8$45,000 to $49,9993.4%
9$50,000 to $59,9996.7%
10$60,000 to $74,9998.7%
11$75,000 to $99,99911.4%
12$100,000 to $124,9998.8%
13$125,000 to $149,9996.1%
14$150,000 to $199,9997.4%
15$200,000 or more10.9%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
Made withDataherald