Renting in Fairfax Costs $10,104 a Year More Than the Los Angeles Average, RentCafe Data Shows

Illustration by The LA Jewish Home

The average rental in Fairfax costs $3,607 a month, $842 more than the Los Angeles citywide average of $2,765, or $10,104 more over a year, according to RentCafe. Hancock Park, where the average is $3,057, is cheaper than both Fairfax and Pico-Robertson.

Pico-Robertson averages $3,487 a month, $722 above the city average, or $8,664 a year. Hancock Park is $292 above it, or $3,504 a year. The gap between Fairfax and Hancock Park is $550 a month, or $6,600 a year. Beverly Grove, also listed, is the highest of the four at $3,693. The figures were last updated October 30.

Fairfax, Pico-Robertson and Hancock Park are home to large Orthodox communities. The numbers do not separate Jewish or Orthodox households and compare neighborhoods only.

Hancock Park's page, last updated November 1, shows average rent there fell 4.5 percent over the past year, from $3,201 to $3,057, while the citywide average rose 0.06 percent, from $2,764.

Hancock Park runs above the citywide average at every size where data is listed. A studio averages $2,141 there, against $1,988 citywide. A one-bedroom is $2,692, against $2,553. A two-bedroom is $3,825, against $3,366, a gap of $459 a month, or $5,508 a year. No three-bedroom figure is listed for Hancock Park. The citywide three-bedroom average is $4,374.

The neighborhood averages are not adjusted for unit size. The average Hancock Park rental is 886 square feet, compared with 810 square feet citywide.

RentCafe cites Yardi Matrix, its own market analysis and the U.S. Census Bureau as sources. The figures cover rents and do not reflect home purchase prices.