The average rent in LA County has droped and increased in Orange County compared to this time last year, according to a new report.
But many renters in L.A. County says the price drop is not enough.
According to a March 2024 report from the website ApartmentList.com,
“I think it gets absurd,” said renter William Stults. “I don’t see how, working a service-industry job, you can make ends meet right now unless you have a roommate.”
Stoltz said he would be priced out of the rental market if his landlord were not willing to work with him on the rent.
Like many frustrated people still living at home, Iyanna Lawrence is a 23-year-old college graduate forced to live with her parents.
“The rent is crazy,” she said.
While renting in L.A. County has dropped — to a median of $1,844 for a one-bedroom apartment — that cost is still too steep for some people with moderate or low incomes.
“What people are looking for is something more in the $1,000-a-month range, and that’s really hard to find,” Stults said.
Said Lawrence: “I have a lot of friends who are working currently but it’s just not enough to even maintain a lifestyle, like an apartment.”
One month deposit, new eviction protections, among the new housing laws this year
Write a Reply or Comment
You should Sign In or Sign Up account to post comment.