Source: New York Post
A new report has revealed the most expensive and the most affordable neighborhoods for renters across the Los Angeles metropolitan area as costs have come down for the first time in two years. While the statewide median for a one-bedroom apartment sits at $2,044, the Los Angeles metro area continues to be defined as an ultra-luxury market that commands prices much higher than that. The region’s big three — Beverly Hills, Irvine and Santa Monica — remain the primary destinations for those willing to pay a premium for coastal living and prestige, according to the latest Zumper report.
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