Declining Rents

[Liar Loan]

It's been four years since I started this thread. Let's check in on rents, shall we?

‘Finally, a renter’s market’: L.A. rent prices drop to four-year low​

The median rent in the L.A. metro area dropped to $2,167 in December — the lowest price in four years, according to data from Apartment List that analyze new leases for one- and two-bedroom apartments in a given month.

The last time L.A. rents were that low was January 2022, in the wake of a furious pandemic home-buying market that saw a wave of renters buy homes for the first time, leaving apartments empty and bringing prices down.

The drop-off mirrors a national trend, as the U.S. median rent dropped to a similar four-year low in December.

'Finally, a renter's market': L.A. rent prices drop to four-year low

In December, L.A.-area rent prices hit a four-year low, while apartment vacancy rates hit a nearly five-year high, signaling a potential renter's market in some neighborhoods.

www.latimes.com

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Now check out these hilarious comments from when I first posted that rents were declining:

A whopping 4 dollars. I can?t even buy a happy meal with 4 dollars. I can?t even get a Big Mac with 4 dollars. Huge saving there.

Yeah, a whopping 0.13% decrease after 12.3% increase. Scary!!! Really bad news!!! Housing price will fall by 0.13%. Run for the hills.

The declining in a 20 % YOY increase, WTF is LL smokin'?


What planet are you looking at?

Looks who?s speaking. I feel really sad for you, my friend.

LL is so dumb it's not even funny.

some people just loves to play contrarian

When you are dead, you do not know you are dead. It's only painful & difficult for others. The same applies when you are stupid?or named Liar Loan.

Just send us real info / data, or be reasonable in your arguments instead of doubling/tripling down on your argument man.

Basically, LL is just throwing shit on the wall and hopes it sticks. He just doesn't understand anything.

 

[irvinehomeowner]

Have rents declined in OC?

 

[zovall]

Have rents declined in OC?

 

[irvinehomeowner]

So isnt that the more pertinent data point since most of TI lives in OC?

Based on zovall’s post, big jump since 2021-22 and kept going up since this thread started.

Are we assuming what happens in LA will happen here?

 

[Liar Loan]

Have rents declined in OC?

According to the data source in the article, OC peaked at $2,549 in August 2022. Rents then declined and didn't retake that level again until April 2025 and now the most recent month of March 2026 is at $2,568.

So rents in OC have grown 0.75% in 3 1/2 years.

BTW, the data source in the article is modeled after the Case Shiller Index where they compare rents on the same apartment units over time. The Zillow Rent Index in zovall's post is what they euphemistically refer to as an "estimate".

"We use a same-unit, repeat-transaction analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth."

Apartment List Blog - Data & Rent Estimates

Curious about the apartment rental market in your city? Read about and download the latest rental data in your area.

www.apartmentlist.com