Los Angeles remains one of the most expensive rental markets in the country, but prices vary dramatically by neighborhood. Here's what you can expect to pay—and where to find relative value.
Citywide Averages
LA Average Rent by Size
Studio$1,800 - $2,200
1 Bedroom$2,100 - $2,700
2 Bedroom$2,800 - $3,600
3 Bedroom$3,500 - $5,000+
Ranges reflect typical listings. Actual prices vary significantly by location and amenities.
Most Expensive Neighborhoods
Premium neighborhoods command premium prices. Expect to pay significantly above average in these areas:
High-End Markets (1BR Average)
- West Hollywood$3,200+
- Santa Monica$3,400+
- Venice$3,200+
- Beverly Hills$3,500+
- Downtown LA (DTLA)$2,800+
- Culver City$2,900+
More Affordable Neighborhoods
Looking for value? These areas offer lower rents while still being connected to the city:
More Affordable Areas (1BR Average)
- East Hollywood$1,700 - $2,200
- Koreatown$1,800 - $2,300
- Palms$2,000 - $2,400
- Mid-Wilshire$1,900 - $2,400
- Highland Park$1,800 - $2,300
- Glendale$1,900 - $2,400
- North Hollywood$1,800 - $2,200
Tips for Finding Lower Rent
- Consider RSO buildings — Rent-controlled units often below market rate
- Look slightly off-peak — Winter months (Nov-Feb) often have lower demand
- Expand your search area — One neighborhood over can save hundreds
- Older buildings — Often cheaper than new construction
- Skip amenities — Pools and gyms add to rent
- Be ready to move fast — Good deals go quickly
- Negotiate — Especially if a unit has been listed for a while
The 30% Rule
Financial experts recommend spending no more than 30% of gross income on housing. Here's what that means in LA:
Income Needed for LA Rent
- $1,800 rent (studio)→ $72,000/year income
- $2,400 rent (1BR)→ $96,000/year income
- $3,200 rent (2BR)→ $128,000/year income
Many LA renters spend more than 30%. Consider roommates or outer neighborhoods to stay within budget.