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Los Angeles Rents Fall Nearly 7% Since March


Los Angeles rents have decreased nearly 7% since the start of the pandemic, placing the city somewhere in the upper-middle in terms of rent declines. Data from Apartment List shows that rents in Los Angeles have decreased 6.9%, while San Francisco—which leads the nation in rent decrease—rents have fallen 21.7% and the nation have averaged rent decreases of 1.4%.

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