Episode Details

LA County rents are hitting a near five-year low as new apartments flood the market, slashing median asking prices—especially for studios and two-bedrooms by 3.6%. While the city still holds stubbornly high prices, the county-wide drop is a major win for renters. Most searchers are locals—over 58%—with fewer than 20% coming from outside California. This surge in supply is finally easing pressure on wallets after years of affordability struggles.

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