The median rent for one- and two-bedroom apartments in Los Angeles, California, amounted to about 2,067 U.S. dollars by the end of 2023. Rents decreased slightly after the beginning of the coronavirus pandemic, by about 10 percent between December 2019 and December 2020. This trend swiftly reversed throughout the majority of 2022, and as of December 2023, the annual rental growth experienced a decline of nearly four percent. Among the different states in the U.S., California ranks as the second most expensive rental market after Hawaii.
Monthly rent for an apartment and annual rental growth in Los Angeles, California, from January 2018 to December 2023
(in U.S. dollars)
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Apartment List. (February 13, 2024). Monthly rent for an apartment and annual rental growth in Los Angeles, California, from January 2018 to December 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1363256/apartment-rent-and-rental-growth-los-angeles/
Apartment List. "Monthly rent for an apartment and annual rental growth in Los Angeles, California, from January 2018 to December 2023 (in U.S. dollars)." Chart. February 13, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1363256/apartment-rent-and-rental-growth-los-angeles/
Apartment List. (2024). Monthly rent for an apartment and annual rental growth in Los Angeles, California, from January 2018 to December 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1363256/apartment-rent-and-rental-growth-los-angeles/
Apartment List. "Monthly Rent for An Apartment and Annual Rental Growth in Los Angeles, California, from January 2018 to December 2023 (in U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1363256/apartment-rent-and-rental-growth-los-angeles/
Apartment List, Monthly rent for an apartment and annual rental growth in Los Angeles, California, from January 2018 to December 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/1363256/apartment-rent-and-rental-growth-los-angeles/ (last visited December 22, 2024)
Monthly rent for an apartment and annual rental growth in Los Angeles, California, from January 2018 to December 2023 (in U.S. dollars) [Graph], Apartment List, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1363256/apartment-rent-and-rental-growth-los-angeles/
