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Los Angeles Rent Hits Four-Year Low Amid Population Drop

1/30/2026

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Summary

Story summary

Median rent in Los Angeles declined to $2,167 in December, the lowest since January 2022.
In Los Angeles County, the median rent fell to a four-year low of $2,035.
The decline reflects more housing supply and weaker demand, with the population dropping by 28,000 last year and a 5.3% vacancy rate.
Surrounding California counties have not seen similar decreases, with rents rising or remaining stable.

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Story summary

Median rent in Los Angeles declined to $2,167 in December, the lowest since January 2022.
In Los Angeles County, the median rent fell to a four-year low of $2,035.
The decline reflects more housing supply and weaker demand, with the population dropping by 28,000 last year and a 5.3% vacancy rate.
Surrounding California counties have not seen similar decreases, with rents rising or remaining stable.