Average rent per square foot of warehouse space Greater Los Angeles, U.S. 2017-2024
The average annual rent for warehouses and distribution centers in the Greater Los Angeles area declined in 2023, after peaking in 2022. In the first quarter of 2024, the average rent amounted to 18.36 U.S. dollars per square foot. In the U.S., Greater Los Angeles is the market with the largest warehouse inventory.