Violet on Virgil
160 S Virgil Ave,
Los Angeles, CA 90004
Studio - 2 Beds | $1,699 - 3,099
Rental Market Trends in Silver Lake, CA
What is the average rent in Silver Lake, CA?
$2,154/month
Average Rent
778 Sq Ft
Average Apartment Size
-18.6%
Decrease in the Last Year
As of November 2024, the average rent in Silver Lake, CA is $2,154 per month. This is 38% higher than the national average rent price of $1,559/month, making Silver Lake one of the most expensive cities in the US. When you rent an apartment in Silver Lake, you can expect to pay about $1,803 per month for a studio, $2,154 for a one-bedroom apartment, and around $3,273 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay 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 Silver Lake, CA?
In the past year, rent has decreased by 18.6%, which averages out to $401 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Silver Lake, CA
Last Updated November 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
50%
$1,501 - $2,000/month
50%
Above $2,000/month
What salary do I need to live comfortably in Silver Lake, CA?
Because the average rent in Silver Lake is $2,154, you’ll want to make about $7,180 per month or $86,160 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 Silver Lake, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Silver Lake, 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.
Nearby City Rent Trends
Apartment communities in Silver Lake we think you'll love
Property Management Companies in Silver Lake, CA
North Oak Real Estate Investments Inc.
-
59
Communities
-
1,340
Units
-
16
Cities
5 Communities in Silver Lake
Cityview
-
29
Communities
-
3,918
Units
-
12
Cities
4 Communities in Silver Lake
Drake Real Estate Group
-
13
Communities
-
411
Units
-
5
Cities
2 Communities in Silver Lake
CLG
-
20
Communities
-
1,670
Units
-
4
Cities
2 Communities in Silver Lake
SKY Properties Inc
-
10
Communities
-
259
Units
-
4
Cities
2 Communities in Silver Lake
Greystar
-
3,182
Communities
-
880,153
Units
-
826
Cities
1 Community in Silver Lake
AvalonBay
-
196
Communities
-
68,327
Units
-
133
Cities
1 Community in Silver Lake
CONAM Management Corporation
-
140
Communities
-
27,209
Units
-
75
Cities
1 Community in Silver Lake
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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.