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LATEST NEWS
PUBLISHED
August 11, 2026
Los Angeles, CA Multifamily Market Report Q2 2026
Matthews' second-quarter report puts Los Angeles effective rent at $2,887, up just 0.8 percent year over year, with vacancy rising to 4.52 percent as the metro delivers its largest apartment supply wave in decades. Rent growth is concentrated in affordable submarkets like South Central while higher-priced, high-supply areas lag.
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PUBLISHED
August 3, 2026
West Coast portfolio helps Essex beat Q2 expectations
Apartment REIT Essex Property Trust topped second-quarter expectations on the strength of its West Coast portfolio, driven largely by tech-fueled demand in Northern California. Its Los Angeles market lagged the rest of the region, though executives pointed to early signs of recovery there.
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PUBLISHED
August 3, 2026
Los Angeles County rents fall to nearly five-year low as construction surge boosts apartment supply
Median asking rents in Los Angeles County have slid to nearly a five-year low as a surge of new multifamily construction and ADU completions expands supply. Smaller units saw the steepest relief, with studio-to-two-bedroom rents down 3.6 percent year over year to a $2,255 median.
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