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See where rents are falling or rising in LA, Inland Empire and Orange County

LA Daily News by LA Daily News
Mar 11, 2024 4:36 pm EDT
in Business
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Orange County apartment rents continue to go up after 13 straight years of year-over-year rent hikes, even as rents are dropping in Los Angeles County and the Inland Empire.

Also see: What rent slowdown? Tenants find little relief from sky-high prices

Apartment List’s index shows average rents were up in 12 of the 13 Orange County cities tracked as of January.

In Los Angeles County, rents were down in eight of the nine cities tracked, while Inland Empire rents were up in four cities and down in six.

More on housing: Are corporate landlords gobbling up California homes?

Here are January rent numbers for the 32 Southern California cities Apartment List tracks, with one year percentage changes:

L.A. County cities

  • Burbank: $2,036; -3.8%
  • Glendale: $2,159; -0.6%
  • Long Beach: $1,751; -2.8%
  • Los Angeles: $2,055; -4.0%
  • Pasadena: $2,405; -0.2%
  • Pomona: $1,816; -0.1%
  • Santa Clarita: $2,441; 3.9%
  • Santa Monica: $2,564; -5.4%
  • West Hollywood: $2,131; -4.0%

Orange County cities

  • Aliso Viejo: $2,913; 2.6%
  • Anaheim: $2,255; 1.2%
  • Brea; $2,459; -0.6%
  • Costa Mesa: $2,390; 1.0%
  • Fullerton: $2,330; 1.5%
  • Huntington Beach: $2,473; 1.4%
  • Irvine: $2,971; 2.3%
  • Laguna Niguel: $3,088; 0.1%
  • Lake Forest: $3,139; 1.5%
  • Mission Viejo: $2,914; 0.7%
  • Newport Beach: $3,230; 1.7%
  • Orange: $2,455; 3.2%
  • Santa Ana: $2,189; 1.6%

Inland Empire cities

    • Chino: $2,289; 0.8%
    • Chino Hills: $2,847; 3.6%
    • Corona: $2,303; 0.4%
    • Moreno Valley: $1,889; -2.8%
    • Murrieta: $2,173; -0.9%
    • Ontario $2,029; -1.7%
    • Rancho Cucamonga: $2,076; -0.7%
    • Riverside: $1,760: -4.0%
    • Temecula: $2,298; 2.8%
    • Upland: $2,060; -1.3%

Read the full article here

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LA Daily News

The Los Angeles Daily News is the second-largest-circulating paid daily newspaper of Los Angeles, California. It is the flagship of the Southern California News Group, a branch of Colorado-based Digital First Media.

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