Los Angeles County Asking Rents Fall 3.6% as New Supply Expands

• Los Angeles County median asking rent fell 3.6% year over year to $2,554 in third-quarter 2026 as new supply expanded.
• Rents for zero- to two-bedroom units declined 3.8% to $2,239; larger homes saw a 1.9% drop to $3,571.
• Buying a median-priced home cost $7,270 monthly, exceeding median rent by $4,716.
• Homebuying costs eased 2.1% annually, but a 7% mortgage rate would raise monthly costs to $7,456, roughly erasing that relief.
• City of Los Angeles median rent fell 3.3% to $2,708, remaining 5.5% above its pre-pandemic level.

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