14 Most Expensive Neighborhoods in Los Angeles to Rent in 2024

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The “City of Angels,” Los Angeles, CA, is one of Southern California’s most iconic cities, from the Hollywood sign and the Los Angeles County Museum of Art (LACMA) to sports teams like the Lakers and the famous Hollywood Walk of Fame. With too many landmarks to list, it’s no wonder that so many people dream of calling Los Angeles home.

Living in Los Angeles can be expensive, though. For example, the average rent for a one-bedroom apartment is $2,614. But, if you want to experience Los Angeles’ major attractions, renting in a more expensive neighborhood may be for you. ApartmentGuide has compiled a list of the most expensive neighborhoods in Los Angeles to help you find the perfect place to rent.

14 Expensive Neighborhoods in Los Angeles, CA

If you’re looking to rent an apartment in Los Angeles, you’ll find a range of options from the luxurious PICO neighborhood to the tech hub of Silicon Beach. These Los Angeles neighborhoods will be sure to fit your lifestyle.

1. PICO
2. Silicon Beach
3. South Robertson
4. Macarthur Park
5. Mid-City West
6. Park La Brea
7. Westside
8. Mid – Wilshire
9. Silver Lake
10. Central Hollywood
11. Palms
12. Bunker Hill
13. Arts District
14. Brentwood

Let’s jump in and see what these neighborhoods have to offer.

beverly center in los angeles

1. PICO

Average 1-bedroom rent: $3,475
Apartments for rent in PICO

PICO is the most expensive neighborhood in Los Angeles, as the average rent for a one-bedroom unit is $3,475. There are plenty of reasons why this neighborhood draws residents. PICO is near attractions like the Los Angeles County Museum of Art and the La Brea Tar Pits and Museum, making it a prime location to explore the city. If you’re looking for a taste of the neighborhood, there are a variety of local restaurants to explore, showcasing Los Angeles’ global food scene. For renters living in Los Angeles without a car, there are several public transit options near PICO.

2. Silicon Beach

Average 1-bedroom rent: $3,394
Apartments for rent in Silicon Beach

Silicon Beach is a bustling area that’s west of downtown Los Angeles, located by the beach. This beautiful neighborhood is near lots of attractions like Venice Beach and the Santa Monica Pier. Silicon Beach is well-known for its green spaces, like Kenneth Hahn State Recreation Area and the charming shops and cafes along the beach. The average rent for one-bedroom apartments is $3,394, which is about $700 above the city’s average, making it a pricier neighborhood. However, Silicon Beach’s charm and location may be worth it.

3. South Robertson

Average 1-bedroom rent: $3,326
Apartments for rent in South Robertson

With an average one-bedroom rent of $3,326, South Robertson is the third most expensive neighborhood in Los Angeles. This neighborhood has plenty of historic homes in styles like Spanish Colonial Revival and Craftsman, making it a great area to explore. South Robertson is also near I-10, making it a convenient location for commuters. If you’re looking for a relaxing afternoon, you can find Reynier Park and the Cheviot Hills Recreation Center in the area.

4. Macarthur Park

Average 1-bedroom rent: $3,252
Apartments for rent in Macarthur Park

Macarthur Park is the next most expensive neighborhood in Los Angeles. This neighborhood is known for its central location near Wilshire Boulevard, where you’ll find The Wiltern, Lafayette Park, Dynasty Typewriter, and MacArthur Park. It’s one of Los Angeles’s centrally-located neighborhoods, and it’s no wonder this area is expensive. Macarthur Park has a lot of shops and restaurants, reflecting Los Angeles’s vibe. Make sure to check out spots like Doña Bibi’s Restaurant, Langer’s Delicatessen-Restaurant, and Yangmani.

5. Mid-City West

Average 1-bedroom rent: $3,237
Apartments for rent in Mid-City West

Mid-City West is a stellar neighborhood if you want to live near plenty of popular attractions like the Beverly Center, the Peterson Automotive Museum, and the El Rey Theatre. While more expensive, the perks of living in Mid-City West may help offset the costs. For example, you can live in Los Angeles without a car as Mid-City West is near plenty of bus routes. You can also walk to attractions like The Grove, Pan Pacific Park, and the Los Angeles County Museum of Art.

silver lake neighborhood in los angeles

6. Park La Brea

Average 1-bedroom rent: $3,227
Apartments for rent in Park La Brea

Next up is Park La Brea, the sixth most expensive neighborhood in Los Angeles. Park La Brea is full of history and charm, with tree-lined streets, historic buildings, and museums. This area also has plenty of parks, restaurants, and attractions, so you’ll have lots to explore. Make sure to enjoy the outdoors at Pan Pacific Park, see a concert at El Rey Theatre, tour the Academy Museum of Motion Pictures, or grab a meal at one of the neighborhood restaurants. It’s no wonder the rents are above Los Angeles’ average.

7. Westside

Average 1-bedroom rent: $3,150
Apartments for rent in Westside

Located west of downtown, Westside is the next neighborhood on our list. Westside has a friendly atmosphere and community feeling, with plenty of local cafes and restaurants along Westwood Boulevard and Pico Boulevard, such as The Apple Pan and Taste of Tehran. You can also check out some of Westside’s green spaces, like Cheviot Hills Park. Since Westside is near the Los Angeles Country Club and the Museum of Tolerance, its activities are one of the many reasons people live here.

8. Mid – Wilshire

Average 1-bedroom rent: $3,117
Apartments for rent in Mid – Wilshire

Mid – Wilshire takes the eighth spot on our list of most expensive neighborhoods in Los Angeles. The average rent for a one-bedroom unit is roughly $700 more than the city’s average. Mid – Wilshire is a great option to consider if you’re looking to be near the Los Angeles County Museum of Art and the Wilshire Ebell Theatre. It’s about 7 miles from downtown, so you’ll have easy access to the city center without living in the bustling atmosphere. This area is also near some of the most affordable neighborhoods in Los Angeles.

9. Silver Lake

Average 1-bedroom rent: $2,995
Apartments for rent in Silver Lake

A well-loved Los Angeles neighborhood, Silver Lake is the next area. Silver Lake is home to the Silver Lake Reservoir and the Silver Lake Meadows, meaning there’s plenty to do throughout the week. You’ll find there are countless historic buildings in Silver Lake, like the Paramour Estate, Lautner’s ‘Silvertop’ Reiner-Burchill Residence, and the Mattachine Steps, so make sure to explore the area’s charm. The iconic Sunset Boulevard runs through the neighborhood, so there are lots of restaurants and cafes, such as Pine and Crane Silverlake and Alfred Coffee. If you need to commute to work, there are lots of options, as the I-5 is nearby.

hollywood sign in los angeles

10. Central Hollywood

Average 1-bedroom rent: $2,917
Apartments for rent in Central Hollywood

The tenth most expensive neighborhood in Los Angeles is Central Hollywood. This famous neighborhood is home to iconic attractions like the Hollywood Walk of Fame, TCL Chinese Theatre, The Hollywood Museum, and the Capitol Records Building. You can find parks like Runyon Canyon Park and the Hollywood Reservoir, which are perfect for enjoying a sunny day in Los Angeles. Central Hollywood also hosts the Hollywood Farmers’ Market each week, providing residents with lots of opportunities to enjoy the neighborhood.

11. Palms

Average 1-bedroom rent: $2,845
Apartments for rent in Palms

Number 11 on our list is Palms, located near Culver City. This neighborhood is located west of downtown Los Angeles and is a fantastic area if you’re looking for a neighborhood with a charming main street. You can find plenty of cozy cafes and lively restaurants along Venice Boulevard and Motor Avenue. Palms is also close to Media Park and the popular Sony Pictures Studio Tour.

12. Bunker Hill

Average 1-bedroom rent: $2,788
Apartments for rent in Bunker Hill

Taking the 12th spot is Bunker Hill, located in the heart of Downtown Los Angeles. The average rent for a one-bedroom apartment is $2,788, compared to the city’s average of $2,614. Bunker Hill’s expensive rent may be offset by its famous attractions like the Walt Disney Concert Hall, The Broad, the Angels Flight Railway, or the Museum of Contemporary Art. The convenience of these activities might be worth it to move to the neighborhood.

13. Arts District

Average 1-bedroom rent: $2,734
Apartments for rent in Arts District

The Arts District is a popular area located in eastern Downtown LA. With attractions like Hauser & Wirth, Resident, Institute of Contemporary Art, Los Angeles, and Arts District Brewing Company, there are many reasons this expensive area may be for you. The average one-bedroom rent is $2,734, but this vibrant neighborhood may be right for you. Be sure to check out nearby Little Tokyo and Pershing Square to get the most out of the area.

14. Brentwood

Average 1-bedroom rent: $2,725
Apartments for rent in Brentwood

Taking the final spot on our list of expensive neighborhoods in Los Angeles is Brentwood. This area has an average one-bedroom rent of $2,725, meaning it’s closer in price to the city’s average. If you plan to rent in Brentwood make sure to check out the Getty Center, hike the Murphy Ranch trail, and check out the cafes and restaurants along San Vincente Boulevard to immerse yourself in the neighborhood’s vibrant atmosphere.

Methodology: Whether a neighborhood has an average 1-bedroom rent price over the city’s average. Average rental data from Rent.com in March 2024.



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