Rental Prices On The West Coast? Rent Comps In Los Angeles, California

Cheap rent in California stopped being a thing a long time ago, but with the cost of living in San Francisco making the news on a regular basis, you might forget to check in on housing prices in southern California. Los Angeles, the 2nd biggest city in the U.S., offers a variety of entertainment, food, and fun for the modern renter to enjoy, without worrying about busting their budget entirely.

The days of three-digit rent for a comfortable, quality living space are numbered, so let’s pick a number that offers a little more breathing room and see what LA has to offer. For $2,000, there are still a wide variety of options out there in settings both urban and rural attractive to renters and owners alike. Here are ten unique spots we picked out:

Venice Beach Vintage — $1,995/Mo

Location is everything, right? When you’re talking LA, living on the beachfront comes at a premium, so while this Venice Beach condo offers only a single bedroom and bathroom, residents who absolutely have to be next to the water will love it. Fit and finish are good with a bit of beach patina that will attract the right crowd.

Classy Digs for School — $1,695/Mo

For the student who’s new in LA, this spot offers close proximity to campus and fellow students in the University Park area. The rent is competitive and the 1/1 unit features an open floor plan with modern appliances, air conditioning, and easy-care laminate flooring. Students will also enjoy community features like a communal courtyard.

Out of the Way in the Hollywood Hills — $1,800/Mo

Want to get out of the fuss of city life? For those not afraid of a short commute to town, this secure gated one-bedroom unit features modern amenities, a pool, views, and room for pets. It also features beautiful counters and lots of kitchen space for a compact unit. There are a shared community room and excellent access to outdoor recreation.

Single Family Home With Game Room or Office — $1,995/Mo

While it’s slightly removed from town, this nearly 1,000 sq. ft. home on Herbert Ave. offers room for parents and little ones at a great value. It features newer materials inside as well as an extra room that would make a great office or game room. A detached two-car garage rounds things out.

Just off Ventura Boulevard — $1,695/Mo

Looking for a practical space outside of downtown with access to freeways? Here’s your pick. This two-bed two-bath unit offers over 800 sq. ft. of space in the Tarzana community, granting tenants access to a pool and off-street parking. It’s a great fit for those looking to escape the urban jungle, with close access to several popular parks and hiking trails.

Swanky and Affordable Santa Monica Studio — $1,698/Mo

Don’t miss the beachside charm of this spacious studio located half a block from the water and a short drive to both downtown and Santa Monica College. Inside, it features lots of natural light, tile countertops, and hardwood floors. With integrated storage space and excellent access to Santa Monica College, this could be the perfect setting for students to study up and catch some waves. At this price, consider adding some renewable energy to this unit and watch it appreciate in a neighborhood like Santa Monica.

Beverly Hills One-Bed — $1,895/Mo

Few neighborhoods have the status of Beverly Hills. A tasteful and affordable one-bedroom like this, with amenities like high-speed internet, a wet bar, and easy-to-maintain laminate flooring, is sure to appreciate in such a neighborhood. The loft-style floor plan features trendy mid-century modern décor, and the unit also includes a parking spot, which can come at a premium in the city.

Affordable Two-Bed Near Downtown — $1,710/Mo

A vintage building with lots of character and close access to downtown LA is sure to attract a number of potential renters. This one, located at Wyvernwood Garden Apartments offers competitive rent, hardwood floors, and a communal courtyard. The complex is also pet-friendly for up to two pets under 40 lbs.

Long Beach Living Two-Bed — $1,970/Mo

This modern two-bed unit offers high-rise views of the ocean, high-speed internet and a high-tech kitchen with stainless steel appliances and instant hot water. It is only steps from the water in the beautiful long beach, and the community includes everything from security and concierge service to a dedicated car wash area. What more could you want?

Three-Bed Budget Stretcher — $1,995/Mo

A location not far from USC makes this an attractive three-bedroom for students, with some mission-style flavor and an easy commute to shops and restaurants. The interior features wood flooring and granite countertops, and residents can relax in the private backyard, which features a mini pond complete with coy fish. An extra room, currently configured as a dining room, can be used as a fourth bedroom if desired.

Home prices in California have certainly increased, but some things about the housing market never change. There will always be a deal out there for the savvy investor, and with so much attention on Northern California, now could be the perfect time to pick up a valuable piece of real estate in LA. If you want your rental to stay competitive with the market, make sure to use a tool like Rentometer’s Neighborhood Rent Reports to get an accurate idea of the local rental market. The 2k price point in Los Angeles is a perfect starting point that will allow you options, like these, to suit whatever you want to do with the property.

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