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Los Angeles Renters Catch a Break as New Supply Pushes Rents Lower; Buying Still Costs Nearly $5,000 More a Month

Smaller-unit rents see the sharpest decline as L.A. renters benefit from a growing wave of new supply yet for many homeownership remains out of reachAUSTIN, Texas, Oct. 29, 2026 /PRNewswire/ -- Los Angeles renters are