By Stephen Hadland
Observer Publisher 

Culver City Comes in With the Top Rental Prices in the Country

 


Culver City ranks 23rd in the nation for overall in average rental prices coming in at $3,958.89. That is 151.50 % above the average according to the list in Apartment Guide. Neighboring Santa Monica at $4716.25 per month.

Four of Santa Monica's Westside neighbors also made the top 20 – West Hollywood was seventh, Playa Vista 12th, Marina del Rey 14th and Culver City 16th in the country. Los Angeles ranked 36th.

Studios come in at $3098.60 with 1 Bedrooms close behind at $3131.84 while 2-bedrooms jump to $3958.89 in Culver City. Three Bedrooms in Culver City did not make the top 50 in the country and Santa Monica didn’t qualify for listing due to the small number of 3-Bedrooms available. Nationwide Hollywood topped the list $8,850.29 or 412.07 % above the national average.

The report found that studios listed in Marina Del Rey and Culver City were third and fifth most expensive. Santa Monica averaged $2,958 a month, making Santa Monica the sixth most expensive studio market in the country.

California held 7 of the top 10 spots for studios:

1 Redwood City CA $3,361.65 163.28 %

2 San Francisco CA $3,356.19 162.85 %

3 Marina Del Rey CA $3,315.96 159.70 %

4 New York NY $3,235.19 153.38 %

5 Culver City CA $3,098.60 142.68 %

6 Santa Monica CA $2,957.99 131.67 %

7 Santa Clara CA $2,867.92 124.61 %

8 Boston MA $2,848.86 123.12 %

9 West Hollywood CA $2,825.22 121.27 %

10 Weehawken NJ $2,801.53 119.41 %

The list for 1 bedrooms has 13 of the top 16 cities in the country listed, with Santa Monica in the number five spot and Culver City at 16:

1 New York NY $4,146.71 213.91 %

2 San Francisco CA $3,854.25 191.77 %

3 Mountain View CA $3,828.04 189.79 %

4 Redwood City CA $3,794.36 187.24 %

5 Santa Monica CA $3,786.04 186.61 %

6 Menlo Park CA $3,594.50 172.11 %

7 West Hollywood CA $3,590.78 171.83 %

8 Boston MA $3,533.30 167.48 %

9 Foster City CA $3,441.62 160.54 %

10 Brighton MA $3,402.15 157.55 %

11 Palo Alto CA $3,354.25 153.92 %

12 Playa Vista CA $3,353.52 153.87 %

13 San Bruno CA $3,303.62 150.09 %

14 Marina Del Rey CA $3,286.06 148.76 %

15 Santa Clara CA $3,226.91 144.28 %

16 Culver City CA $3,131.84 137.08 %

Santa Monica came in sixth in the two bedroom category while Culver City dropped to 23rd:

1 New York NY $6,105.08 287.85 %

2 Westwood CA $5,259.68 234.14 %

3 Boston MA $4,953.64 214.70 %

4 San Francisco CA $4,873.75 209.62 %

5 Redwood City CA $4,784.86 203.98 %

6 Santa Monica CA $4,716.25 199.62 %

7 Mountain View CA $4,697.48 198.42 %

8 Foster City CA $4,689.89 197.94 %

9 Palo Alto CA $4,613.10 193.06 %

10 Playa Vista CA $4,569.58 190.30 %

11 Menlo Park CA $4,460.88 183.39 %

12 West Hollywood CA $4,344.55 176.00 %

13 Marina Del Rey CA $4,183.04 165.74 %

14 Los Angeles CA $4,139.09 162.95 %

15 Cambridge MA $4,120.03 161.74 %

16 Brighton MA $4,113.44 161.32 %

17 Channel Islands CA $4,097.14 160.29 %

18 Oakland CA $4,096.68 160.26 %

19 White Plains NY $4,032.65 156.19 %

20 Newton MA $4,027.27 155.85 %

21 Mamaroneck NY $4,022.85 155.57 %

22 Hollywood CA $3,977.87 152.71 %

23 Culver City CA $3,958.89 151.50 %

Interestingly Westwood, where UCLA is housed came in second most costly in the nation. The charts and rankings are courtesy of Apartment Guide.


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Reader Comments
(1)

tahoelife writes:

This numbers don't appear to be correct. Where are $3,000 studios in Culver City? The research must look at the zip code and not account for the fact that it may be Los Angeles. As a local paper it would make sense to do some additional fact checking prior to publishing this information.

 
 
 

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