West Hollywood, California Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the West Hollywood, California rental market.
West Hollywood, California
Average Apartment Rent
$3,210
Y-o-Y Change in Average
Apartment Rent
-1.4%
As of November 2024
Compared to a year ago, West Hollywood, California apartments have recorded a -1.4% rent decrease.
West Hollywood, California Average apartment rent trend
West Hollywood, California Average Apartment Rent
West Hollywood, California Housing tenure**
Renters take up 81% of West Hollywood, California real estate, occupying a total of 18,432 units, while homeowners live in 4,404 properties.
Median number of rooms of renter-occupied housing units**
3.3
Renter median household income**
$79,319
Average household size of renter-occupied housing units**
1.54
Rental vacancy rate**
6.6%
West Hollywood, California Renter-occupied housing units by no. of bedrooms**
There are 9,459 rentals in West Hollywood, California with 1 bed making up the highest share of the market, at 51%. Units with 3 beds, on the other hand, hold the lowest percentage (5%), amounting to 835 units. Overall, the median number of rooms in West Hollywood, California homes for rent is 3.3.
West Hollywood, California Renter-occupied units by age of householder**
Most condos for rent in West Hollywood, California are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
West Hollywood, California Renter-occupied housing units by family type**
West Hollywood, California Renter-occupied housing units by the presence of own children**
A total of 3,506 apartments for rent in West Hollywood, California, or 19% of all rentals are family households. Additionally, 4% of rental homes include children under the age of 18 – that’s 693 units. All in all, the median size of a renter-occupied household in West Hollywood, California is 1.54.
West Hollywood, California Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 62% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in West Hollywood, California.
West Hollywood, California Renter-occupied units by year structure built**
The highest share of West Hollywood, California apartment rentals, namely 20% or 3,763 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (20%, 3,717 units), and the ones Built 1950 - 1959 (20%, 3,653 units).
West Hollywood, California Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most West Hollywood, California renters (37%) moved in 2010 to 2017, while only 5% of them moved in 1989 or earlier. Overall, the median year renters have occupied their West Hollywood, California condos for rent is 2015.
West Hollywood, California Renter-occupied housing units by vehicles available**
When it comes to transportation options, 58% of West Hollywood, California renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 17% have No vehicle available.
West Hollywood, California Means of transportation to work of householders living in renter-occupied housing units**
West Hollywood, California Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all West Hollywood, California apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
