Rents are finally falling in Los Angeles. But it's still not enough for many

  • 📰 latimes
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 82%

United States News News

United States Latest News,United States Headlines

Rents are down 2.5% year over year in Los Angeles County, according to Apartment List. Northern California has seen prices mostly rise while Southern California prices have dropped.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Los Angeles, California job with University of California, Los AngelesThe Division of Cardiology in the Department of Medicine at the David Geffen School of Medicine at UCLA invites applications for a position at the level of Postdoctoral Scholar/Fellow in the laboratory of Dr. Marmar Vaseghi.
Source: Nature - 🏆 64. / 68 Read more »

Los Angeles, California job with University of Southern California CCMB Dechen Lin LabWe are seeking 2 highly motivated postdoctoral fellows with background in either bioinformatics, cancer biology, epigenomics, immunology, or metabolism to join our NIH-funded laboratory at Center for Craniofacial Molecular Biology, Norris Comprehensive Cancer Center, University of Southern California.
Source: Nature - 🏆 64. / 68 Read more »

Prepare SoCal: Disaster Preparedness in Los Angeles and Southern CaliforniaABC7 and our community partners want to help you be prepared in the event of a disaster, natural or man-made.
Source: ABC7 - 🏆 67. / 68 Read more »

Lo que necesita saber sobre los inversores instituciones de viviendas y los propietarios corporativos en CaliforniaLegisladores de California han apuntado a los propietarios corporativos. Es difícil evaluar el impacto de los inversores institucionales en la vivienda de California.
Source: CalMatters - 🏆 261. / 63 Read more »

CSU student assistants vote to unionizeCalifornia State University student assistants voted Friday to join the California State University Employees Union (CSUEU).
Source: NBCLA - 🏆 319. / 59 Read more »

'Only Murders in the Building' Season 4 Will Be Set in Los AngelesStay up to date with new movie news, watch the latest movie trailers & get trusted reviews of upcoming movies & more from the team at Collider.
Source: Collider - 🏆 1. / 98 Read more »