The average apartment rent in Los Angeles, CA: October 2022

Posted by:Aleksandr Belov Posted on:Oct 27,2022
Apartment rental prices in Los Angeles, CA as of October 2022

The state of California is considered one of the most expensive to live in. The most expensive cities in California include San Francisco, San Jose, San Diego and Los Angeles. The cost of living in these cities is quite high. This is due to the high rent. In this article, we look at the average rental prices for one and two-bedroom apartments in Los Angeles as of October 2022. The average cost of renting a one-bedroom apartment in Los Angeles is $2,410 per month. One-bedroom apartments in Los Angeles have risen in price by 12.60% year-on-year (from October 2021 to October 2022), and two-bedroom apartments by 11.90%. The average cost of renting a two-bedroom apartment is $3,300 per month. Downtown Los Angeles is the most popular neighborhood with the most rental listings. One-bedroom apartments in Downtown Los Angeles can be rented for an average of $2,800 per month.

The most expensive neighborhoods in Los Angeles include Bel Air-Beverly Crest ($3,745/month for one-bedroom apartments), Venice ($3,480/month) and Marina del Rey ($3,145/month).

The cheapest neighborhoods in Los Angeles include Congress North ($1,795/month), Greater Wilshire ($2,095/month) and Mid-Town North Hollywood ($2,160/month).

Average rent for a 1-bedroom apartment in Los Angeles, CA: October 2022

Average 1-bedroom rent price (October 2022) = $2,410/per month
Month-over-Month Price Change Rent (M/M %)
-2.4%
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
12.6%

Average rent for a 2-bedroom apartment in Los Angeles, CA: October 2022

Average 2-bedroom rent price (October 2022) = $3,300/per month
Month-over-Month Price Change Rent (M/M %)
-0.9%
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
11.9%

The 3 Expensive Neighborhoods in Los Angeles, CA: October 2022 (one-bedroom apartment)

1. Bel Air-Beverly Crest
$3,745/month
2. Venice
$3,480/month
3. Marina del Rey
$3,145/month

The 3 Cheapest Neighborhoods in Los Angeles, CA: October 2022 (one-bedroom apartment)

1. Congress North
$1,795/month
2. Greater Wilshire
$2,095/month
3. Mid-Town North Hollywood
$2,160/month

Aleksandr Belov

Author and editor of the ultramodern-hotels.com blog

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