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Updated almost 2 years ago,
Highest Rents in the Los Angeles 36 Submarkets within the last 12 Months
Top Market rent per unit is Venice Beach with a solid vacancy rate of 4.5%
Despite the problem of homeless encampments, rental rates seem to be unaffected. With the newest homeless laws getting put into place by the new Mayor, Venice Beach may become a more favorable place for renters.
Santa Monica and Beverly Hills have the second highest rents per unit, however the vacancy rent increases which lowers your GOI