Housing in Los Angeles
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Los Angeles, California
The housing market in Los Angeles is characterized by high demand and elevated prices, making affordability a persistent challenge. As of April 2026, the median sale price of a home in Los Angeles was $1.0 million, reflecting a slight decrease of 1.9% compared to the previous year. The median sale price per square foot was $634. For renters, the average rent in Los Angeles as of June 2026 was $2,656 per month. One-bedroom apartments averaged around $2,100, while two-bedroom units were approximately $2,875 per month. Inventory has seen some increases, but new construction still lags behind the demand needed to significantly alleviate the housing shortage.
Housing
About Los Angeles, California
Los Angeles, often referred to as the 'City of Angels,' is a sprawling metropolis in Southern California renowned for its diverse culture, vibrant entertainment industry, and Mediterranean climate. Founded in 1781, it has grown into the second-most populous city in the United States, serving as a global center for business, international trade, entertainment, culture, media, fashion, science, sports, technology, and education. People are drawn to Los Angeles for its abundant sunshine, diverse job opportunities, world-class universities, and a lifestyle that blends urban sophistication with easy access to beaches and mountains. The city's unique character is shaped by its numerous distinct neighborhoods, each offering a different vibe and community experience.