Venue Residences
3688 Overland Ave,
Los Angeles, CA 90034
$2,645 - $6,995
Studio - 2 Beds
$2,172/month
Average Rent
612 Sq Ft
Average Apartment Size
-0.3%
Decrease in the Last Year
As of February 2026, the average rent in Los Angeles, CA is $2,172 per month. This is 34% higher than the national average rent price of $1,626/month, making Los Angeles one of the most expensive cities in the US. When you rent an apartment in Los Angeles, you can expect to pay about $1,705 per month for a studio, $2,172 for a one-bedroom apartment, and around $2,993 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,270 or more.
In the past year, rent has decreased by 0.3%, which averages out to $6 less per month.
Based on current rent prices, Lincoln, Exposition Park West and Willowbrook are the most affordable neighborhoods in Los Angeles.
Based on current rent prices, Century City, Holmby Hills and Baldwin Hills are the most expensive neighborhoods in Los Angeles.
The neighborhoods in Los Angeles with the most apartments available are Downtown Los Angeles, Greater Culver City and Mid-Wilshire .
Because the average rent in Los Angeles is $2,172, you’ll want to make about $7,240 per month or $86,880 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
The cost of living in Los Angeles, CA is 52.3% higher than the national average. Generally, housing in Los Angeles is 135.4% more expensive than the national average, with rent falling between $1,705 - $4,270. You can expect to pay 9.3% more for groceries, 8.9% more for utilities, and 37.9% more for transportation.
Use the tool below to compare Los Angeles, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.