1 min read

Los Angeles market rental trends report

Los Angeles market rental trends report
Los Angeles market rental trends report
2:42

Over the past 3 to 6 months in Los Angeles, rents have continued a modest upward trend, generally increasing around 1–3%, as the seasonal softening seen in late 2025 has given way to renewed leasing activity in early 2026. The main drivers remain limited availability in lower- and mid-priced units, while most new deliveries continue to be concentrated in higher-amenity buildings that do not significantly impact broader affordability. Demand has remained steady, supported by LA’s large job base and ongoing household formation, which continues to place pressure on well-located rentals. As of Q1 2026, the current median rent for Los Angeles (citywide) is approximately $2,950 per month.

chart-Apr-22-2026-06-25-42-4901-PM

Santa Monica

Over the past 3 to 6 months, Santa Monica rents have continued a modest upward trend, generally increasing around 1 to 3%, as the seasonal softening seen in late 2025 has given way to stronger leasing activity in early 2026. Demand for coastal, walkable locations remains consistently high, while new apartment supply continues to be limited, allowing even small shifts in availability to drive pricing upward. A secondary factor is that newer, amenity-heavy listings continue to keep the “move-in now” market elevated, even as longer-tenured renters may be paying lower rates. As of Q1 2026, the current median rent in Santa Monica is approximately $3,500 per month.

chart copy-Apr-22-2026-06-26-28-1903-PM

Culver City

Over the past 3 to 6 months, Culver City rents have shown a modest upward trend, generally increasing around 1–3%, as leasing activity strengthened in early 2026 following the relatively flat conditions seen in late 2025. This growth is driven by continued strong demand across the Westside, particularly from tech and media sector employment, along with limited housing supply and low turnover. While nearby submarkets still offer some alternatives, pricing in Culver City has experienced consistent upward pressure due to its location, amenities, and proximity to major employment hubs. As of Q1 2026, the median rent in Culver City is approximately $3,150 per month.

chart copy 2-Apr-22-2026-06-26-45-9633-PM

Apartment listings

Below are some recent listing examples.

Gemma North

  • $1,971
    Studio/ 1 Bath
    676 sq. ft
1 copy-3

Linea

  • $2,924
    1 Bed/ 1 Bath
    570 sq. ft
2 copy-1

The Greenly

  • $3,800
    2 Beds/ 2 Baths
    957 sq. ft
3 copy-3

Bedford 46

  • $4,375
    3 Beds/ 3 Baths
    1,189 sq. ft
4 copy-3

(Data sourced from Apartments.com)

Read more related blogs

 

Reno market rental trends report

Reno market rental trends report

Over the past 3–6 months in Reno’s rental market, average asking rents have continued to trend modestly upward, with multi‑year data showing rent...

Read More
Raleigh market rental trends report

Raleigh market rental trends report

Rental rates in Raleigh have shown relatively little change over the past 3-6 months, with average asking rents holding mostly steady or inching up...

Read More
Columbus market rental trends report

Columbus market rental trends report

Over the past 3–6 months, rent prices in Columbus, OH have been relatively stable with slight downward drift, as several rental price indices show...

Read More