Support for LAist comes from
We Explain L.A.
Stay Connected

Share This

This is an archival story that predates current editorial management.

This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.


Map: How Much A 1-Bedroom Costs By Neighborhood

Support your source for local news!
Today, put a dollar value on the trustworthy reporting you rely on all year long. The local news you read here every day is crafted for you, but right now, we need your help to keep it going. In these uncertain times, your support is even more important. We can't hold those in power accountable and uplift voices from the community without your partnership. Thank you.

Temperatures may finally be starting to drop outside, but unfortunately as we head into fall rental prices around much of Los Angeles have continued to increase, according to a new survey.The real estate website Zumper took a look at the rental prices across L.A. and found that the median price for a one-bedroom in August was $1,830, up from $1,700 back in May. Meanwhile, the median price for a 2-bedroom was $2,640, up from $2,500. Congrats L.A., we've maintained our position as the 9th most expensive market in the country. Watch out Miami, we're creeping up on you.

To help us get our mind around the ups and downs (but mostly ups) of rental prices, the company has released a new map, which shows the cheapest and most expensive places to rent. The map shows rental prices from downtown to Santa Monica and Westchester to Hollywood, and whether the median prices have increased or decreased. Rental prices tended to be higher towards the Westside—not surprisingly—but booming Downtown also managed to make a strong showing with the median price for 1-bedrooms at $2,460. Santa Monica once again holds the title for most expensive area with $3,220 for a 1-bedroom, while Ocean Park ($3,120) and Venice ($2,650) come in a close second and third. Even Silver Lake ($1,950) is edging up on pricey West Hollywood ($2,010).

If you're looking for a relative bargain, head southeast where the median price in Florence-Graham is $850. Or you might consider Glassell Park ($1,200), Pico-Union ($1,210) or Mid-City ($1,280). Yes, citizens of the Valley, you've been left out, again, and there's no info for some other areas, either, including parts of Northeast L.A.

So, while things may not look so hot if you're planning to find a new rental this fall, at least L.A. is still slightly more affordable than New York ($3,160) and San Francisco ($3,530).

Most Read