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Los Angeles rent growth has settled at a range of 1% to 1.6%. The market has seen tremendous rent growth this cycle, but last year, the rent growth slowed down. For the remainder of the year, growth remain at or just above the 1% mark. This means that the growth has returned to a fairly typical pace, according to research from Apartment List.

“After a slowdown in rent growth last spring, year-over-year growth has hovered between 1.0% and 1.6%, and month-over-month growth has not exceeded 0.2% in either direction,” says Christopher Salviati, housing economist at Apartment List, tells GlobeSt.com. “This degree of movement in the rent index is fairly typical, and doesn’t indicate any particular volatility in the market.”

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

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