sageLA - Brand New
200 N Vermont Ave,
Los Angeles, CA 90004
Studio - 2 Beds | $2,150 - $5,352
Rental Market Trends in Los Angeles, CA
What is the average rent in Los Angeles, CA?
$2,156/month
Average Rent
611 Sq Ft
Average Apartment Size
+0.3%
Increase in the Last Year
As of December 2024, the average rent in Los Angeles, CA is $2,156 per month. This is 38% higher than the national average rent price of $1,560/month, making Los Angeles one of the most expensive cities in the US. When you rent an apartment in Los Angeles, you can expect to pay about $1,694 per month for a studio, $2,156 for a one-bedroom apartment, and around $2,972 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,238 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Los Angeles, CA?
In the past year, rent has increased by 0.3%, which averages out to $8 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Los Angeles, CA
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
8%
$700 - $1,000/month
18%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
49%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Los Angeles?
Based on current rent prices, South Central LA, West Adams and East Hollywood are the most affordable neighborhoods in Los Angeles.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Los Angeles?
Based on current rent prices, Arts District, Venice Beach and Financial District are the most expensive neighborhoods in Los Angeles.
Neighborhood
Average Rent
Average Sq Ft
Which Los Angeles neighborhoods have the most rentals available?
The neighborhoods in Los Angeles with the most apartments available are Downtown Los Angeles, Koreatown and Greater Culver City .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Los Angeles, CA?
Because the average rent in Los Angeles is $2,156, you’ll want to make about $7,186 per month or $86,232 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Los Angeles, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Los Angeles, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,001/month
$2,652/month
One Bedroom
$1,134/month
$3,365/month
Two Bedroom
$1,733/month
$4,412/month
Three Bedroom
$3,036/month
$4,672/month
Nearby City Rent Trends
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12
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.