Westlake 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
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Westlake is about $1,227 per month. This puts it in the 8th percentile compared to the city average cost of rent, which is $1,956. Households in Westlake have a median income of $3,041 per month so the average renter in Westlake is spending roughly 40% of their earnings on housing.
Nationally, and in Westlake, home values are the data point most closely correlated with the cost of rent. The median price of a home in Westlake is $765,109 right now, which is lower than neighborhoods nearby, meaning that rents in Westlake also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Westlake while lower rent rates are often available in central areas.
Nearby Neighborhoods
- New Downtown, Los Angeles, CA: more expensive rent prices
- South Park, Los Angeles, CA: more expensive rent prices
- Downtown Los Angeles, Los Angeles, CA: more expensive rent prices
- Civic Center Little Tokyo, Los Angeles, CA: more expensive rent prices
- Echo Park, Los Angeles, CA: more expensive rent prices
- Chinatown, Los Angeles, CA: more expensive rent prices
- Silver Lake, Los Angeles, CA: more expensive rent prices
- Wholesale District-Skid Row, Los Angeles, CA: less expensive rent prices
- Mid Wilshire, Los Angeles, CA: more expensive rent prices
- Central City, Los Angeles, CA: more expensive rent prices
Neighborhoods with Similar Populations
- Fort Green, Brooklyn, NY: more expensive rent prices
- Van Nuys, Los Angeles, CA: more expensive rent prices
- Southwestern Denver, Denver, CO: more expensive rent prices
- Northland, Columbus, OH: less expensive rent prices
- Anacostia, Washington, DC: more expensive rent prices
- Astoria, New York, NY: more expensive rent prices
- The Rockaways, Far Rockaway, NY: more expensive rent prices
- North, Houston, TX: less expensive rent prices
- South Mountain, Phoenix, AZ: more expensive rent prices
- North Scottsdale, Scottsdale, AZ: more expensive rent prices
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