Rental market snapshot for West Adams, Los Angeles
West Adams rental market summary
The rental market in West Adams, California has seen a steady increase in the number of new listings over the past year. In July 2023, there were 84 new listings, a significant increase from the previous month. This indicates that the rental market in West Adams is becoming increasingly competitive.
The median rent in West Adams has also seen an increase over the past year. In July 2023, the median rent was $4,039, a 6.9% increase from the previous month and a 9.4% increase from July 2022. This suggests that the rental market in West Adams is becoming increasingly expensive, and that renters should expect to pay more for their rental units.
Median rent for all residential properties in West Adams
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The most expensive listings and top trending buildings in West Adams
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
3311 S La Cienega Blvd | $6,340 | 2 / 2.0 |
3333 La Cienega Pl | $5,761 | 2 / 2.0 |
3311 S La Cienega Blvd | $5,602 | 2 / 2.0 |
3311 S La Cienega Blvd | $5,507 | 2 / 2.0 |
5335 Homeside Ave | $5,200 | 4 / 3.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
Greystar Real Estate Partners LLC | $4,097 |
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Bedroom Breakdown in West Adams
West Adams neighborhood apartments rents
The rental market for studios in West Adams, California is showing signs of growth. In July 2023, there were two new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $2,769, which is 7.9% lower than the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for studios in West Adams appears to be on the rise.
The rental market for 1-bedroom apartments in West Adams, California is showing signs of growth. In July 2023, there were 9 new 1-bedroom listings, a 13.0% increase in median rent from June 2023 to July 2023, and a median rent of $4,296. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in West Adams, California is showing signs of growth. In July 2023, there were 8 new 2-bedroom listings, a 9.9% increase in median rent from June 2023 to July 2023, and a median rent of $5,139. This indicates that the rental market for 2-bedroom apartments in West Adams is becoming more competitive and that demand is increasing.