Los Angeles market rental trends report

Over the past 3 to 6 months, Los Angeles’s apartment rental market has experienced a decline, with rental prices decreasing across all unit types. This trend is largely attributed to an increase in apartment supply, the completion of several new developments, and shifting renter preferences, which have combined to soften demand in some high-cost neighborhoods. As of June 2025, the median rent for apartments in Los Angeles stands at approximately $2,750 per month.

Santa Monica

Over the past 3 to 6 months, Santa Monica’s apartment rental market has experienced a noticeable decline, with average rents showing month‑over‑month softening across the city. This trend is largely attributed to a combination of slightly increased inventory, seasonal cooling after a strong early‑year leasing period, and broader demand softening in higher‑priced coastal neighborhoods. As of June 2025, the median rent for apartments in Santa Monica stands at approximately $3,595 per month.

Culver City

Over the past 3 to 6 months, Culver City’s apartment rental market has experienced a notable decline, with average rents decreasing across all unit types. This trend is largely attributed to a modest increase in available rental inventory and shifting demand patterns, particularly as renters look beyond premium Westside markets for more affordable options. As of June 2025, the median rent was around $3,245 per month.

Apartment listings

Below are some recent listing examples.

VOX

• Studio / 1 bath
• Sq ft: 507
• Rent: $2,879

Harlow

• 1 bed / 1 bath
• Sq ft: 659+
• Rent: $3,580

Venue

• 2 bed / 2 bath
• Sq ft: 1,100
• Rent: $5,950

Harlow

• 3 bed / 2 bath
• Sq ft: 1,194+
• Rent: $5,430

(Data sourced from Apartments.com)