Rental market snapshot for Mid Wilshire, Los Angeles
Mid Wilshire rental market summary
The rental market in Mid Wilshire, California is showing signs of stability. In July 2023, there were 1,458 new listings, indicating that the market is still active. The median rent in July 2023 was $2,524, which is a 4.4% decrease from June 2023 and a 3.3% decrease from July 2022. This suggests that the market is slowly becoming more affordable for renters.
Overall, the rental market in Mid Wilshire appears to be healthy and stable. The number of new listings is still high, and the median rent is slowly decreasing, indicating that the market is becoming more affordable. This is good news for renters in the area, as they can expect to find more affordable rental options in the near future.
Median rent for all residential properties in Mid Wilshire
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The most expensive listings and top trending buildings in Mid Wilshire
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
160 N McCadden Pl | $16,900 | 5 / 5.5 |
4530 W 8th St | $16,500 | 4 / 3.5 |
218 Lorraine Blvd | $15,800 | 5 / 4.5 |
606 N Lucerne Blvd | $10,000 | 4 / 3.0 |
934 S Dunsmuir Ave | $8,500 | 3 / 3.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
JH Snyder Development LLC | $5,563 |
RPK Development | $3,988 |
Oliver James Management | $3,500 |
United Dominion Residential Communities | $3,400 |
Greystar* | $3,333 |
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Bedroom Breakdown in Mid Wilshire
Mid Wilshire neighborhood apartments rents
The rental market for studios in Mid Wilshire, California in July 2023 is stable, with 86 new listings and a median rent of $1,875, the same as the median rent in June 2023. This indicates that the rental market for studios in Mid Wilshire is not experiencing any significant changes in terms of rent prices.
The rental market for 1-bedroom apartments in Mid Wilshire, California in July 2023 saw 172 new listings, with the median rent remaining unchanged from the previous month at $2,626. This indicates that the rental market in Mid Wilshire is relatively stable, with no significant changes in rent prices from month to month.
The rental market for 2-bedroom apartments in Mid Wilshire, California is relatively stable. In July 2023, there were 128 new 2-bedroom listings, with a median rent of $3,546. This is only a 0.8% increase from the median rent in June 2023, which was $3,520. This indicates that the rental market in Mid Wilshire is not experiencing any significant changes in terms of pricing.