Los Angeles rent growth was the third strongest in the nation, according to a new report from Yardi Rent Café. Rents in Los Angeles grew 6.6% year-over-year in 2018, up to an average of $2,461 per month. Most submarkets throughout the region saw rental rate gains, with Lancaster and Santa Clarita among the Los Angeles submarkets to see the highest rent growth. Huntington and Marina del Rey also recorded strong rental rate gains for the year.
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