Renting in Los Angeles costs about $2,505 a month, and the typical home is listed at $973,000. That puts the price-to-rent ratio at 32.4: a typical home costs as much as 32.4 years of rent.
Los Angeles now and in 2031
| Now | 2031 (projected) | |
|---|---|---|
| Typical asking rent | $2,505/mo | $1,785/mo |
| Typical list price | $973,000 | $1,084,000 |
| Price-to-rent ratio | 32.4 | — |
Rent is projected at -6.6% a year, the trend in RentCast's median rents for these ZIP codes since mid-2024. For home values: The first 2 years follow this year's change in list prices (-3.5%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+6.2% a year). These are trends carried forward, not predictions of the next market turn.
How to read the price-to-rent ratio
The ratio divides the typical list price by a year of typical rent. A higher ratio means buying is expensive relative to renting; a lower one means monthly rent is high compared with what a home costs. It's a quick way to compare cities, not a verdict for your situation.
By ZIP code
| ZIP | Median rent | Rental listings | Median list price | Sale listings |
|---|---|---|---|---|
| 90011 | $2,450/mo | 164 | $750,000 | 136 |
| 91331 | $2,800/mo | 62 | $749,999 | 131 |
| 90044 | $2,150/mo | 270 | $749,000 | 160 |
| 91335 | $2,650/mo | 265 | $799,000 | 211 |
| 90003 | $2,500/mo | 175 | $699,900 | 148 |
| 90037 | $2,200/mo | 170 | $825,000 | 119 |
| 91402 | $2,395/mo | 117 | $649,999 | 126 |
| 90026 | $2,775/mo | 347 | $1,280,000 | 198 |
| 90731 | $2,395/mo | 204 | $875,000 | 164 |
| 91343 | $2,619/mo | 137 | $855,000 | 129 |
| 90019 | $2,786/mo | 415 | $1,399,000 | 196 |
| 90004 | $2,100/mo | 356 | $1,400,000 | 141 |
| 90042 | $2,695/mo | 175 | $979,000 | 177 |
| 90006 | $1,915/mo | 262 | $995,000 | 144 |
| 90034 | $2,845/mo | 507 | $1,458,000 | 108 |
What this doesn't account for
Mortgage rates, your down payment, property taxes, insurance, HOA fees, maintenance, and how long you'll stay decide more than any city-wide figure. These are area numbers built from active listings; they don't know the specific home or your finances.
Source: RentCast market data for 15 of Los Angeles's 98 ZIP codes (the most populous, home to 28% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.
Frequently asked questions
How much is rent in Los Angeles, CA?
Typical asking rent is $2,505 a month, across 3,626 active rental listings in 15 ZIP codes.
How much do homes cost in Los Angeles, CA?
The typical list price is $973,000, across 2,288 active sale listings in 15 ZIP codes. List prices are asking prices, not final sale prices.
What is the price-to-rent ratio in Los Angeles, CA?
About 32.4: the typical list price equals 32.4 years of typical rent. The higher the ratio, the more buying costs relative to renting.