According to a new report by RentCafe, Western Los Angeles County, which includes Santa Monica, was deemed the “least competitive” market for apartment rentals out of California metro areas. This was determined by factors like the average apartment vacancy time before being rented out, the amount of prospective renters for a place, as well as lease renewal rate.

Read More: https://smdp.com/2024/07/12/despite-lowering-rents-westside-less-desirable-than-neighbors-as-apartment-option/