Investment and Financial Markets

How Much Is Rent in Long Beach? Average Prices

Understand the real cost of living in Long Beach. Get clear data on average rent prices, unit sizes, and how location influences your housing budget.

Long Beach, California, is a vibrant coastal city near the Los Angeles metropolitan area. For those considering a move, understanding the local rental market is an important first step. This article provides insights into current rental costs, guiding prospective residents through the city’s housing landscape.

Understanding Long Beach’s Rental Market

The Long Beach rental market displays dynamic trends influencing housing costs. As of late 2025, the average rent typically falls within a range of approximately $1,800 to $2,100 per month, reflecting data from multiple sources. This average encompasses various property types and sizes, providing a general benchmark. The market has seen some fluctuations, with reports indicating slight decreases or modest increases.

Typical Rent Prices by Unit Size

Rental costs in Long Beach vary considerably based on dwelling size. For a studio apartment, renters can expect to pay an average of $1,457 to $2,260 per month. These smaller units typically offer a combined living and sleeping area, appealing to single occupants seeking affordability.

One-bedroom apartments generally range from $1,710 to $2,864 monthly. This price range reflects differences in square footage, building age, and included features.

For those requiring more space, two-bedroom apartments typically command rents between $2,305 and $3,814 per month. The higher end of this range is often associated with newer constructions or properties with premium amenities.

Larger residences, such as three-bedroom apartments or small homes, can average from $2,646 to $3,924 monthly. These figures represent broad averages, and individual unit prices can deviate based on specific property characteristics.

Rent Differences Across Long Beach Neighborhoods

Rental costs in Long Beach are not uniform, with distinct variations observed between neighborhoods. Areas like Belmont Shore and Downtown Long Beach tend to have higher average rents.

For example, a one-bedroom apartment in Downtown Long Beach might average around $2,480, while in Belmont Shore, it could be approximately $2,095. These neighborhoods often feature proximity to the beach, entertainment venues, or vibrant urban centers, contributing to their elevated pricing.

In contrast, neighborhoods such as Bixby Knolls generally offer more moderate rental prices, with average rent around $2,077 to $2,250. More affordable options can be found in areas like Craftsman Village Historic District, North Alamitos Beach, or Wrigley, where average rents may fall below the citywide median.

These differences highlight the importance of researching specific neighborhoods to align with individual budget considerations.

Factors Affecting Long Beach Rent Prices

Several elements contribute to the varying rental costs throughout Long Beach. A primary factor is location, with properties closer to the coastline, popular attractions, or public transportation hubs often commanding higher rents.

The quality and type of property also play a significant role. Newer buildings or those offering desirable amenities such as in-unit laundry, parking, or a swimming pool typically have increased rental rates.

Market dynamics, including the balance of housing supply and demand, also influence pricing. Local economic conditions, such as employment rates and population growth, can exert upward pressure on rents.

The specific features of a unit, including its overall square footage, the number of bathrooms, and any recent renovations, directly impact its market value. These combined factors create a complex rental market where prices are constantly adjusting.

Previous

How to Sell Your NFT: A Step-by-Step Guide

Back to Investment and Financial Markets
Next

How Much Are Gold Dollars Worth?