$1900 sounds steep for a small place.
You might want to try to negotiate cheaper rent if your landlord wants to keep you in.
According to LA times rents are declining: Housing downturn hits L.A.-area rents - Los Angeles Times
You might want to try to negotiate cheaper rent if your landlord wants to keep you in.
According to LA times rents are declining: Housing downturn hits L.A.-area rents - Los Angeles Times
After rising for several years, rents in the Los Angeles area are declining because of the economic recession and depressed home prices, researchers, real estate agents and property managers say.
The lower local rents match a national trend, according to a report released Wednesday showing apartment rents fell in 54 out of 79 U.S. metropolitan areas in the fourth quarter of 2008. Softening rents add another obstacle to a housing market recovery, economists say, because tenants with low rent payments feel less urgency to buy a home.
Nationwide, apartment rents eased 0.1% in the fourth quarter, the first drop since 2002, according to the analysis by research firm Reis Inc.
Los Angeles apartment rents fell 0.7% in the fourth quarter, the first decline since 2001, although overall rents for the year were up slightly over 2007