LA County Rents Reach Four-Year Low

LA County rents hit a four-year low, while Southern California trends diverge as Orange County continues to post steady rent growth.
LA County rents hit a four-year low, while Southern California trends diverge as Orange County continues to post steady rent growth.
  • LA County rents dropped 1.6%, hitting a four-year median low.
  • Rents fell in 62% of SoCal cities tracked by Apartment List.
  • Orange County was the sole regional outlier, with a 0.6% rent increase.
  • Ventura County and Inland Empire also posted declining rents.
Key Takeaways

La County Rents Trend Downward

LA County rents continued their decline as new figures from Apartment List show a broad regional slowdown in Southern California, according to The Real Deal. The median rent in LA County fell 1.6% over the past year, marking the lowest point in the last four years. Rents dropped in 85% of LA County markets tracked, with one-bedrooms averaging $1,832 and two-bedrooms at $2,403.

Southern California Splits Performance

Out of 53 Southern California cities analyzed, rents fell in 33, or 62%, pushing the region’s median rent down by 0.6%. Cities experiencing declines typically had lower rents to begin with. By contrast, the 20 cities posting rent gains saw a median increase of about 1%.

Orange County Outpaces Peers

Orange County bucked the broader downtrend, with only 27% of tracked cities posting declines and a 0.6% overall rent increase. At the same time, retail landlords in the area continue to reinvest in top-performing centers, signaling confidence in long-term consumer demand and foot traffic. It remains the priciest market in the region, with one-bedrooms at $2,322 and two-bedrooms at $2,679. Standout performers included Newport Beach and Aliso Viejo, both posting gains.

Wider Regional Declines

Ventura County and the Inland Empire followed LA County, recording declines of 1.9% and 0.7%, respectively. San Diego County also reported falling rents in most of its cities. LA County’s prolonged rent slide extends a trend that has now pushed the median rent in the area to a four-year low, according to Apartment List data.

RECENT NEWSLETTERS

View All
CRE Daily - No Cap

podcast

No CAP by CRE Daily

No Cap by CRE Daily is a weekly podcast offering an unfiltered look into commercial real estate’s biggest trends and influential figures.

CRE Daily Newsletters

Join 65k+
  • operators
  • developers
  • brokers
  • owners
  • landlords
  • investors
  • lenders

who start their day with CRE Daily.

The latest news and trends in commercial real estate delivered to your inbox. Get smarter about what matters in just 5-minutes or less.