Los Angeles Market Status

Median Rate
$42
/sqft/yr
Since 90 days ago
$-2
/sqft/yr
Median Size
3,370
sqft

Concentration of Listing Postings in Los Angeles

Los Angeles Rates

The typical asking rate per listing is in the $40's per square foot per year. The Los Angeles submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Los Angeles submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Los Angeles Listing Supply

In the last 90 days, 1205 listings have come on the market, so you'll want to check back regularly for new listings. About 55% of the available space in the Los Angeles are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,370 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1969 and are Class A.

Los Angeles Community

Subleases

66%
Subleases

Under 5000 sqft

0%
Under 5000 sqft

Top Submarkets

Rate/sqft/yr Listing Inventorylast 90 days
1. Downtown Los Angeles $44 1,690,310 sqft
2. West Hills $26 397,160 sqft
3. Marina del Rey $51 253,790 sqft
4. Historic Cultural $36 236,040 sqft
5. Woodland Hills-Warner Center $28 221,780 sqft
6. Van Nuys $24 215,140 sqft
7. Westside $45 210,700 sqft
8. Mid-City West $44 199,140 sqft
9. Hollywood $51 187,220 sqft
10. Westchester-Playa Del Rey $21 181,340 sqft

Listing Rates

Average Asking Rate Over Time (/sqft/yr)

Historical rate data provided by JLL.

Listing Rates by Submarket