$3,550 Per Month
- 3 Beds
- 2 Baths
- 2,660 Sq Ft
- House for Rent
348 W 83rd St, Los Angeles, CA 90003
348 W 83rd St, Los Angeles, CA 90003
Frequently Asked Questions
How much does it cost to rent a single-family home in Los Angeles, CA?
The median rent for a single-family home in Los Angeles, CA is $3,995 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Los Angeles, CA?
To comfortably afford the median rent in Los Angeles, CA, a household needs to earn roughly $120,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,000 per month in Los Angeles, CA, renters typically need to show $9,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Los Angeles, CA?
In Los Angeles, CA, the price-to-rent ratio is 32.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Los Angeles, CA are best for renting a single-family home?
The best neighborhood for renting in Los Angeles, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Palms, Cheviot Hills, Mar Vista, Rancho Park and Del Rey, each with its own character and price range.
