As Angelenos continue to suffer through a housing crisis, new data suggest that Los Angeles County's notoriously brutal rental market may be cooling while rental prices continue to climb in some of the most populous regions of Northern California. Rental prices were down 2.5% in Los Angeles County in February 2024 versus the same month a year before, according to data from Apartment List.
76%, while rents dropped in most large Southern California counties. Los Angeles County's 2.5% decrease was the second biggest of any in the state. Alameda County, an exception to rising rents in the Bay Area, recorded rents falling 4.7% over last February, representing the 19th biggest annual drop in the U.S.
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