Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
W S
The Ticker

Los Angeles rental prices soar

hollywood
/ Print / Reprints /
| Share More
/ Text Size+

Los Angeles is home to some of Hollywood’s greatest celebrities, but it also houses some outrageous rental prices. In the city, the going price on a one-bedroom rental has risen almost 10% since August 2012.

RadPad, a photo-based mobile rental marketplace, created an infographic outlining the average price of a one-bedroom around the city.

"Today, a one-bedroom apartment can cost you $2,000 more in rent per year than it did last year," said Jonathan Eppers, CEO of RadPad. "With a 10% increase in the rental market over the past year, its likely that you're paying for 13 months of rent in 2013. LA is the second largest rental market in the nation, its very competitive and finding the right place to live is tricky, we want to make it easier for people to find the perfect place to live."

Source: RadPad
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus