• Mon. Jun 17th, 2024

Apartment Affordability in Los Angeles Improves in Recent Years

Bynewsmagzines

Apr 20, 2023
Apartment Affordability in Los Angeles Improves in Recent Years

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Los Angeles has long been known as one of the nation’s most expensive locations to rent an apartment. With average asking rents of just over $2,200 per month, the market is one of the 10 most expensive locations in the country among markets with over 100,000 units. Rents here are over 30% above the national average of $1,650 per month.

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