County's Apartment Rents Drop 7.5%

Summary


HOUSING: Data firm says unemployment is keeping prices down across area.

Apartment rents in Southern California and across the nation continued to drop in the October-December quarter, driven by the weak economy.

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County's Apartment Rents Drop 7.5%

The average monthly rent for a unit at large Los Angeles County apartment complexes was $1,564 for the fourth quarter, according to a report to...

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