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Rooms for Rent Market Summary in Los Angeles, CA
Median Rent
$2,399
Year-Over-Year Change
-2%↓
of Apartments & Rooms for Rent
Thousands
Rent Ranges in Los Angeles, CA
Occupied Housing Units in Los Angeles, CA
64%
Renter-occupied Households
36%
Owner-occupied Households
Average Rent in Los Angeles, CA
Last updated: October 7, 2024
Over the past month, the average rent for a 1-bedroom apartment remained flat. Below is the price trend for a 1-bedroom apartment.
Co-Living & Rooms for Rent in LA
The percentage of double-up renters in LA is higher than the national average. The national average of renters living with roommates is 30 percent, compared to Los Angeles' nearly 50 percent!
As the percentage of household income devoted to rent rises, so does the number up doubled-up households. In LA, as affordability worsens, people are driven more and more to either reside with family members or to seek out roommates.
As of September 2023, the average rent for a 1-bedroom apartment in Los Angeles, CA is $2,419. This is a 1% decrease compared to the previous year.
Average Rent in Los Angeles, CA
Neighborhood | Median Rent |
---|---|
Downtown Los Angeles | $2,657 |
Mid-City West | $2,852 |
Venice | $3,150 |
Marina del Rey | $3,212 |
Wilshire Center - Koreatown | $2,144 |
Sherman Oaks | $2,195 |
North Hollywood | $2,195 |
West Los Angeles | $2,625 |
Robertson | $2,200 |
Studio City | $2,470 |
Mar Vista | $2,422 |