Los Angeles market rental trends report

Over the past 3-6 months, Los Angeles rental prices have seen a notable increase, with average rents climbing by approximately 5-7% across various apartment types. This surge can be attributed to a combination of factors, including a shortage of available housing, the lingering effects of natural disasters like the 2025 wildfires, and ongoing demand for housing in desirable areas. Currently, the median rent for apartments in Los Angeles stands at around $2,250 per month.

Santa Monica

Over the past 3-6 months, rental prices in Santa Monica have seen a sharp increase, with rents rising by approximately 6-8% across different apartment types. This uptick is primarily driven by high demand in the area, limited housing inventory, and the impact of recent wildfires, which have exacerbated the housing crisis in Southern California. The current median rent for apartments in Santa Monica is approximately $3,200 per month.

Culver City

Over the past 3-6 months, rental prices in Culver City have experienced a steady increase, with rents rising by about 4-6% across various apartment types. This growth is largely due to high demand in the area, driven by its central location, proximity to tech hubs, and a shortage of available rental units as a result of the 2025 wildfires. The current median rent for apartments in Culver City stands at approximately $2,800 per month.

Apartment listings

Below are some recent listing examples.

VOX

• Studio / 1 bath
• Sq ft: 507
• Rent: $3,098

Harlow

• 1 bed / 1 bath
• Sq ft: 659+
• Rent: $3,295

Venue Residences

• 2 bed / 2 bath
• Sq ft: 1,055
• Rent: $4,595

Lido Apartments - 4025 Grandview

• 3 bed / 2.5 bath
• Sq ft: 1650
• Rent: $5,295

(Data sourced from Apartments.com)