Pico-Robertson renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Pico-Robertson is about $1,937 per month. This puts it in the 54th percentile compared to the city average cost of rent, which is $1,956. Households in Pico-Robertson have a median income of $6,386 per month so the average renter in Pico-Robertson is spending roughly 30% of their earnings on housing.
Nationally, and in Pico-Robertson, home values are the data point most closely correlated with the cost of rent. The median price of a home in Pico-Robertson is $1,249,682 right now, which is higher than neighborhoods nearby, meaning that rents in Pico-Robertson also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Pico-Robertson while lower rent rates are often available in southeastern areas.
Nearby Neighborhoods
- West Adams, Los Angeles, CA: less expensive rent prices
- Mid City West, Los Angeles, CA: more expensive rent prices
- Mid City, Los Angeles, CA: less expensive rent prices
- Palms, Los Angeles, CA: less expensive rent prices
- West Los Angeles, Los Angeles, CA: more expensive rent prices
- Crenshaw, Los Angeles, CA: less expensive rent prices
- Century City, Los Angeles, CA: more expensive rent prices
- Jefferson, Culver City, CA: more expensive rent prices
- Jefferson Park, Los Angeles, CA: less expensive rent prices
- Mid Wilshire, Los Angeles, CA: less expensive rent prices
Neighborhoods with Similar Populations
- Auburn Gresham, Chicago, IL: less expensive rent prices
- Brighton Park, Chicago, IL: less expensive rent prices
- Dunning, Chicago, IL: less expensive rent prices
- Rancho Bernadino, San Diego, CA: more expensive rent prices
- North Ironbound, Newark, NJ: less expensive rent prices
- Jamaica Plain, Boston, MA: less expensive rent prices
- New Brighton, Staten Island, NY: less expensive rent prices
- Richmond, Philadelphia, PA: less expensive rent prices
- South Whittier, Los Angeles, CA: less expensive rent prices
- Hamilton Area, Baltimore, MD: less expensive rent prices
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