Los Angeles renters looking for a deal might be in luck. The median monthly rent in the Los Angeles metro area fell to $2,167 in December, marking the lowest price in four years, the Los Angeles Times reported, citing data from Apartment List. The median rent in Los Angeles County also fell to a four-year low of $2,035 per month. Rents in L.A. haven’t been that low since January 2022 when apartments were emptier and prices were diminished after former renters went on a pandemic-era homebuying spree. The decrease in rents is in line with national trends, as the U.S. […]
This article originally appeared on The Real Deal. Click here to read the full story.
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