Los Angeles Multifamily Market Report – February 2025

Market Overview

As of early 2025, Los Angeles is navigating a cooling multifamily environment, with rent pressures varying across neighborhoods. Higher-end properties have seen slightly better retention, while more price-sensitive areas report declines. A noticeable slowdown in deliveries has brought temporary balance to supply, though new units remain in the pipeline. Employment growth and long-term migration trends continue to provide a supportive backdrop for recovery.

About Yardi Matrix

Yardi Matrix, a division of Yardi Systems, delivers data-driven insights across multifamily, office, industrial, and self-storage real estate. Known for its high-frequency market updates and granular submarket data, Yardi Matrix is trusted by investors, developers, and analysts for real-time information on rent trends, occupancy, pipeline activity, and capital markets. Their reports combine nationwide scope with hyper-local precision.

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