• Los Angeles rents increased by 3.2 percent annually in July. Median rents for a two-bedroom here were at $2,650 and $1,940 for a one-bedroom.
  • Pasadena was just barely behind L.A. itself when it comes to the most expensive city in the metro.
  • Two-bedroom apartments in Westwood rented at a median price of $4,000 per month in July.

Apartment List recently released its rent report for Los Angeles, finding L.A. rents grew by 0.4 percent from June to July.

Rents back on the rise

los angeles rent in july

L.A. rents increased by 3.2 percent annually in July. Median rents for a two-bedroom here were at $2,650 and $1,940 for a one-bedroom. Rent growth over the past month took a sharp spike upward after flat rent growth in June.

Pasadena nearing L.A. territory

los angeles rent in july

Pasadena was just barely behind L.A. itself when it comes to the most expensive city in the metro. Median rents for a two-bedroom apartment in July were at $2,640 in Pasadena and $2,650 in L.A. Irvine beat out Glendale for third, with two-bedrooms going for $2,400.

[Tweet “Pasadena rents grew 2.2 percent from June to July”]

Metro’s most expensive neighborhood

los angeles rent in july

Westwood continues to be the most expensive neighborhood for renters in the metro, with two-bedroom apartments renting at a median price of $4,000 per month in July. Downtown L.A. was third, with two-bedrooms going for $3,200. Hollywood sat in fourth place, at $2,900.

 

For methodology and data for other cities and neighborhoods in the Los Angeles metro, see Apartment List’s full report.

Yuki Graviet Knapp is a Content Marketing Associate with the Growth Team at Apartment List and is a resident of the Bay Area. 

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×