No better way to start the new year, than with some rental statistics from RentSlicer. We've capped the top 15 instead of our usual top ten because we noticed the neighborhoods have changed a bit and we thought we'd point that out. Among the top 15 most expensive rental markets, we have seen an inexplicable change in the rankings with Malibu, Bel Air, Calabasas and Beverly Hills nowhere to be found in the top 20. Huh? Brentwood and Santa Monica take the top two spots, with the average rental now under $3,000/month. Maybe RentSlicer kicked out the outliers to make the statistics more meaningful. Who knows. Also, Downtown LA, Los Feliz and Sliver Lake now make it into the top 15.
Among the cheap-cheap rental markets, Koreatown is still tres affordable ($972/month) with Hawthorne, up-and-coming Highland Park, and "Los Angeles" taking the top four spots. For the newbies, "Los Angeles" usually means anything east of the 405 and west of the 110, below the 10 and north of Torrance. The average one-bedroom apartment in LA will now cost you $1,288 per month.
· RentSlicer: October-November Stats [Curbed LA]
· RentSlicer: The Last Three Months [Curbed LA]