Los Angeles market rental trends report

Over the past 3 to 6 months, Los Angeles rents have seen a modest 1–2% increase, signaling a cooling trend after years of rapid growth. The market has stabilized as new apartment supply in Downtown, Koreatown, and the Westside balances out slower leasing demand. This equilibrium reflects both economic caution among renters and stronger construction activity citywide. The median rent in Los Angeles now stands at roughly $2,650 per month.

Santa Monica

Over the past 3 to 6 months, Santa Monica’s rents have increased by roughly 2–3%, reflecting steady but moderate growth. Demand remains strong, particularly for well-located units near the coast, though rising inventory in nearby areas has tempered steeper price gains. The shift is driven by sustained renter interest in lifestyle-driven neighborhoods coupled with limited new apartment construction along the beachfront. As of Q3 2025, the median rent in Santa Monica is approximately $3,300 per month.

Culver City

Over the past 3 to 6 months, Culver City rents have increased by roughly 2–3%, signaling a period of relative stability compared to the sharper price gains seen in early 2024. The city’s strong job base in media and technology continues to support steady rental demand, though the influx of new multifamily units nearby has helped keep growth moderate. This balance reflects a healthy mix of sustained interest in centrally located, transit-accessible housing and new supply entering the market. As of Q3 2025, the median rent in Culver City is approximately $3,000 per month.

Apartment listings

Below are some recent listing examples.

Arya Apartments

• Studio / 1 bath
• Sq ft: 504
• Rent: $2,775

WM by CLG

• 1 bed / 1 bath
• Sq ft: 608
• Rent: $3,416

Venue

• 2 bed / 2 bath
• Sq ft: 1,158
• Rent: $5,750

VOX

• 3 bed / 2 bath
• Sq ft: 1,395
• Rent: $5,437

(Data sourced from Apartments.com)