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L.A. Rents Actually Decreased This Fall

11/24/2017 11:10 AM | Margaret Fulton (Administrator)

Los Angeles' insane rents might finally be coming down. After a glut of new apartments downtown sparked a cooling of rent increases, there's new evidence suggesting that the sharp rise in lease rates across the county could be leveling off.

A new report from real estate technology and analytics firm RealPagefound that the average rent in Los Angeles County actually decreased by $19 from September to October.

Read More: http://www.laweekly.com/news/los-angeles-sky-high-rents-actually-dipped-in-fall-8868398


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