Los Angeles wildfires didn't lead to soaring Southern California rents
Briefly

Los Angeles wildfires didn't lead to soaring Southern California rents
"My trusty spreadsheet reviewed rental stats from ApartmentList, which tracks costs by combining federal housing figures and pricing patterns from its own listing service for 49 cities in the six-county Southern California region. The stats include both apartments and rental homes. Population-weighted averages of rentals across all sizes were used to track local markets, which were split into two groups: 20 cities near January 2025's inferno vs. 29 farther from the firestorm."
"In those 20 fire-adjacent cities, where typical rents were $2,127 per month in December, rents fell 0.8% in 2025. Yes, a drop. And that was a slightly larger slip than the 0.1% dip of 2024. These minor slips followed the average 2.1% yearly gains in the pandemic-twisted 2018-2023 period. Contrast those trends with the slightly firmer pricing in the 29 Southern California cities farther from the destruction. December's $2,296 monthly rent was up 0.1% from the previous year, after rising 0.2% the year before."
ApartmentList data combine federal housing figures and listing-service pricing for 49 cities in a six-county Southern California region, including apartments and rental homes. Population-weighted averages tracked local markets split into 20 fire-adjacent cities and 29 farther cities. In the 20 fire-adjacent cities, typical December rent was $2,127 and rents fell 0.8% in 2025, a slightly larger slip than the 0.1% dip in 2024, following average gains of about 2.1% annually in 2018–2023. In the 29 farther cities, December rent was $2,296, up 0.1% after a 0.2% rise the prior year, roughly flat after faster pandemic-era increases. Individual experiences vary and rent statistics are imperfect, but overall rent swings remained minor compared with earlier pandemic-era hikes.
Read at www.ocregister.com
Unable to calculate read time
[
|
]