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LA Makes Steady ProgressAs of September, rents rose by 1.1% to $2,328 on a trailing three-month basis, above the $1,558 U.S. average. Year-over-year, rates increased by 7.2%, a welcome improvement among primary markets, where growth is trailing the Southeast and Southwest.
As of September, rents rose by 1.1% to $2,328 on a trailing three-month basis, above the $1,558 U.S. average. Year-over-year, rates increased by 7.2%, a welcome improvement among primary markets, where growth is trailing the Southeast and Southwest.
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