Blog Utopia Management

Contact Utopia

Free Leasing
Affordable Rates
Discounts On Larger Portfolios
25+ years Experience
Your search results

This One Rental Type is Avoiding Increases in L.A. and California Cities

To no one’s surprise, rents have been on the rise in recent years in California — along with almost all cities across the country. Many cities are showing drastic increases, sometimes upwards of 10 to 20 percent. The real estate market in general has seen dramatic increases and rapid fluctuations since the start of the COVID-19 pandemic in 2020.

In California, the housing and rental market is beginning to cool off, especially in Orange County, and data from reveals that not all rental types are even showing increases this year. In Los Angeles, two-bedroom rentals and studios have risen 4% from last year, and three-bedrooms are up 3%. The average rent for an apartment in Los Angeles in 2022 is between $2,262 and $5,095.

One type of rental is not following a similar trend according to this online apartment marketplace and database: one-bedroom apartments. In fact, the average price of a one-bedroom apartment is down over 15% from 2021.

Looking at the data, one-bedroom rentals are up 3% on average. However, this statistic includes all types of rentals, not just apartments, explains.

Brian Carberry, the senior managing editor of and Apartment Guide, says, “my immediate takeaway is that the houses, townhouses, and condos for rent in Los Angeles are priced higher than apartments, which is driving the overall average up.”

So, if you’re in the market for a single-bedroom apartment for yourself or you and your spouse in Los Angeles, you just might be in luck.

While this one piece of data may seem like a coincidence, similar trends are recorded in other California cities. Areas in Northern California, such as San Francisco, Milpitas, Alameda, Walnut Creek, San Mateo, Vacaville are also experiencing price dips in one-bedroom apartments specifically.

Beyond that, cities in Southern California are seeing one-bedrooms drop in price between 3-17 percent. These cities include Ventura, Camarillo, Irvine, Woodland Hills, and Huntington Beach. The largest drops are in Santa Clara at 19.97%, Long Beach at 24.36%, and Fresno at 28.35%.

These decreases are only recorded for one-bedroom apartments specifically. Other rental types are still showing increases or maintaining steady prices. Additionally, not all California cities are seeing this phenomenon. Cities like Oakland, Pasadena, Sacramento, San Jose, and Burbank had increases in one-bedroom prices in 2022.

While the causes behind this phenomenon are unknown, renters can take away the lesson that rental trends can be unpredictable. It’s important to conduct a thorough search when looking for rentals, remain open-minded, and look at research many different cities to compare rental markets.

Elly Johnson stands at the forefront of content research and online branding at Utopia Management. As the Content Marketing Manager, she delves deep into understanding local real estate and rental markets, fueled by her passion for travel and keen research skills. Elly is dedicated to empowering individuals with the knowledge they need to make informed decisions about where to reside. A proud alumna of the University of South Florida, located in the vibrant heart of Tampa Bay, she holds a Bachelor of Arts in Psychology. Her academic background and extensive travel experiences uniquely position her to provide insights that resonate with diverse audiences.

Leave a Reply

Your email address will not be published.

Let’s Talk


Fill out the form to request a free consultation

None of the authors, contributors, administrators or anyone else connected with Utopia Management, in any way possible, can be held responsible for your use of the information contained in or linked from these web pages.

Compare Listings