Rental Market Reports > Apartment Reports > Los Angeles, CA
Q1 2023 - Rental Market Report
Summary
This rental market report looks at how Los Angeles, CA apartment rent prices have changed in Q1 2023.
According to our data, two-bedroom rent prices increased the most at 18% while three-bedroom apartments had the smallest increase of 9%.
Change in Year-Over-Year Average Rents: 1-3 Bedroom Apartments
Rent prices in 1-3 bedroom types in Los Angeles, California experienced the following year-over-year rent increases in Q1 2023:
- 1-Bedroom: 15%
- 2-Bedroom: 18%
- 3-Bedroom: 9%
Year-Over-Year Average Rents: 1-3 Bedroom Apartments
Below are the average rent prices for 1-3 bedroom apartments in Q1 2023 for Los Angeles, California.
- 1-Bedroom: $2,414
- 2-Bedroom: $3,276
- 3-Bedroom: $4,006
Methodology
Geography: This report analyzes rents in Los Angeles, CA.
Property Type: One, two, and three-bedroom apartments with all bathroom counts.
Analysis: Rent data was analyzed year-over-year for each bedroom count.
Data: New rents collected at the beginning and end of each quarter reported, excluding outliers below $500 and above.
Neighborhood Rent Analysis
Summary
Dive deeper into the Los Angeles apartment rental market by viewing average rent prices by neighborhood.
For more data, visit www.rentometer.com
Please note the research and data included in this report is aggregated from a variety of sources and many are third parties that are not affiliated with Rentometer, Inc. The information is believed to be accurate, but Rentometer, Inc. does not provide a warranty of any kind, either expressed or implied.