Los Angeles is the 6th largest multifamily market with 448,848 completed units and 187,318 units in development, 30,151 of which have already broken ground, as of December 2021.
Los Angeles Multifamily Market Summary – September 2022
New lease asking rents are at $2,588, up 8.9%▲
from the previous year placing Los Angeles at
68th overall in year-over-year rent growth.
Los Angeles Multifamily Market Summary – August 2022
New lease asking rents are at $2,570, up 9.5%▲
from the previous year placing Los Angeles at
71st overall in year-over-year rent growth.
Los Angeles Multifamily Market Summary – July 2022
New lease asking rents are at $2,570, up 11.1%▲
from the previous year placing Los Angeles at
64th overall in year-over-year rent growth.
Los Angeles Multifamily Market Summary – June 2022
New lease asking rents are at $2,552, up 11.9%▲
from the previous year placing Los Angeles at
61st overall in year-over-year rent growth.
Los Angeles Multifamily Market Summary – May 2022
New lease asking rents are at $2,535, up 12.6%▲
from the previous year placing Los Angeles at 57th
overall in year-over-year rent growth.
Los Angeles Multifamily Market Summary – April 2022
New lease asking rents are at $2,508, up 12.6%▲
from the previous year placing Los Angeles at
55th overall in year-over-year rent growth.
Los Angeles Multifamily Market Summary – March 2022
New lease asking rents are at $2,477, up 12.6%▲
from the previous year placing Los Angeles at 59th
overall in year-over-year rent growth.
Los Angeles Multifamily Market Summary – February 2022
New lease asking rents are at $2,464, up 13.1%▲
from the previous year placing Los Angeles at
53rd overall in year-over-year rent growth.
Los Angeles Multifamily Market Summary – January 2022
New lease asking rents are at $2,445, up 12.3%▲
from the previous year placing Los Angeles at
62nd overall in year-over-year rent growth.
Los Angeles Multifamily Market Summary – December 2021
New lease asking rents are at $2,402, up 10.3%▲
from the previous year placing Los Angeles at
73rd overall in year-over-year rent growth.
