LA County Rents Fall, but Housing Still Strains New Graduates
6 Articles
6 Articles
LA County Rents Drop to a Four-Year Low, but Housing Still a Stretch for New Grads - The MortgagePoint
This year's college graduates heading to Los Angeles County to begin their careers are entering a rental market that's more affordable than it has been in years, but housing costs remain high for those just starting their careers, according to a new report from Realtor.com. This year's college graduates heading to Los Angeles County to begin their careers are entering a rental market that's more affordable than it has been in years, but housing costs remain high for those just starting their careers, according to a new report from Realtor.com.
A report released by real estate website Realtor.com on July 30 showed that apartment rents in Los Angeles County fell to their lowest level in nearly four years in the second quarter of 2026; however, for many recent college graduates, housing expenses still account for about one-third of their income, and the burden remains heavy.
LA County rents fall
Apartment rents in Los Angeles County fell to their lowest level in nearly four years during the second quarter of 2026. However, many recent college graduates would still need to spend about one-third of their income on housing, according to a report released on June 29. The median asking rent in the county was $2,603 during the April- through-June period, down 3.4 percent from a year earlier and the lowest quarterly median since the end of 202…
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