cheapest about $750 for studio, or shared apt or house for $450.
2007-10-18 15:25:30
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answer #1
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answered by tom c 7
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L.A. metro apartment rents state's highest
The Los Angeles metropolitan area remained the state's most expensive rental market in the third quarter, an industry tracker said Wednesday.
During the July through September period, rents increased an annual 5.5 percent to an average $1,630 in the Los Angeles/Long Beach/Santa Ana metropolitan area, said RealFacts.com. The occupancy rate decreased an annual 1 percent to 96.5 percent.
The region's been the most expensive market for more than three years, said RealFacts spokesman Chris Bates. He's not surprised that apartments here are in demand.
"I think it's the popularity of L.A. L.A and New York City have star power and people are willing to go to extreme means in terms of living arrangements to do it," Bates said.
In the Los Angeles County portion of the market, the average rent increased 5.4 percent to $1,683 and the occupancy rate slipped 0.7 percent to 95.5 percent, RealFacts said.
In Ventura County, the average rent rose 5.1 percent to $1,548 a month and occupancy fell 3.2 percent to 94 percent.
The state's second-most expensive market was the San Jose/Sunnyvale/Santa Clara metro area where the average rent soared 11.9 percent to $1,622 a month. The occupancy rate there dipped 0.4 percent to 96.8 percent.
The Novato-based company tracks rent and occupancy trends of complexes of 100 or more units in major markets in 15 states. The average rent is based on studio to three-bedroom apartments.
Angeles metro is also the most expensive market in the RealFacts tracking area and the San Jose area ranks second.
However, San Francisco County is the most expensive individual market in the state with an average monthly rent of $2,243, Bates said.
He noted that rent increases moderated somewhat over the past year because occupancy slipped by a percentage point or two.
"That takes pressure off rents," he said.
Jack Kyser, vice president and chief economist at the Los Angeles County Economic Development Corp., said that the Los Angeles area still has strong occupancy levels.
"This indicates that it is a tight market, and given what's happened in the housing market you are probably going to see continued demand for rental housing," Kyser said.
The least expensive rental markets in the RealFacts assessment are in Oklahoma.
In Oklahoma City, rent in the third quarter averaged $555, up an annual 1.3 percent. And in Tulsa rents averaged $556, also a 1.3 percent increase.
2007-10-20 00:23:52
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answer #2
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answered by chieromancer 6
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that depends on A LOT of factors. what neighborhood? how many bedrooms? do you care if the place is infested with roaches? do you mind having 15 illegal immigrants living in the studio next door? best bet is to look on craig's list for los angeles to get an idea of prices.
2007-10-18 15:52:09
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answer #3
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answered by Emily 6
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Rents are going for $1,000 and higher, but you could rent a room from someone. We have alot of roommate ads and Craigslist folks looking and agencies.
2007-10-19 00:54:01
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answer #4
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answered by kingsley 6
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