Over the past 3 - 6 months, rental prices in Los Angeles have shown a notable increase, with average rents rising approximately 7% as demand continues to outpace supply. This surge can be attributed to a combination of factors including a resurgence in post-pandemic job growth, a tight housing market, and ongoing interest among remote workers seeking urban living. Currently, the regional median rent is approximately $2,800 per month, which is double the national median rent of $1,405 per month.

‍Santa Monica

Rent prices in Santa Monica have experienced a fluctuation, with an overall increase of approximately 5% as demand continues to outpace supply in this desirable coastal community in the last 3 to 6 months. This upward trend can be attributed to a combination of factors, including a rebound in tourism, a surge in remote workers seeking longer-term rentals near the beach, and ongoing inventory shortages. Currently, the median rent in Santa Monica stands at around $3,800 per month.

‍Culver City

Culver City has experienced a notable increase in rent prices over the past 3 to 6 months, reflecting a trend of rising demand in the housing market. This surge can be attributed to a combination of factors, including the city's growing appeal as a hub for entertainment and technology jobs, coupled with limited housing inventory. As of now, the median rent in Culver City stands at approximately $3,300 per month.

‍Apartment Options

VOX

• Studio / 1 bath
• Sq Ft: 507
• Rent: $2,890

Harlow

• 1 bed / 1 bath
• Sq Ft: 659
• Rent: $3,555

Venue Residences

• 2 bed / 2 bath
• Sq Ft: 835
• Rent: $4,750

Lido Apartments - 4025 Grandview

• 3 bed / 3 bath
• Sq Ft: 1,650
• Rent: $4,995