Property prices for rent in Los Angeles (California)

The rent prices in real estate in Los Angeles, in the California region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Los Angeles has risen strongly during the last 6 months. In December, the average price per sq.feet was $3.34. In the following month the price per sq.feet fell to $3.1. The price for the following two months in (February, March) had a considerable rise of 219 %. The price per sq.feet has had a considerable fall of 60 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $5.13 to $3.06 during April, and May.

Average price

When referring to the price in Los Angeles (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $3,228. In January This price remains at $3,148. During the following two months (February, March) the average price had a considerable fall of 82 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $2,901.25 to $2,658 in April and May.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,536 they are 14 % more affordable than the average price for Los Angeles . The properties with the highest average price have 4 bedrooms, Their price is 202 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,160.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.75 / sq.feet, with an average $3.02 / sq.feet price in Los Angeles. The properties with the most expensive average prices have 4 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at $3.02 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of $2,536 it is 11 % more affordable than the average price in Los Angeles. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $3,755 it is 69 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Duplex" at an average price of $2.66 / sq.feet followed by "House" priced at $3.03 / sq.feet. "Villa" is the most expensive type of property with a $31.72 / sq.feet value followed by "Townhouse" with an average price of $10.37 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Los Angeles
Number of properties used in region California
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value