Southern California Rents Are Dropping | Irvine News

Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews Southern California’s rental market is cooling down—60% of cities report rent drops, with average one-bedroom prices at $1,921 and two-bedrooms at $2,359. Driven by slower economic growth, fewer new renters, and rising supply, landlords are feeling the squeeze. Affordability gaps are widening: cheaper cities like Ventura and LA saw 80% rent declines, while Orange County bucks the trend with hikes. Top drops hit Santa Monica, Pomona, and Pasadena (down 6%), while Chino and Newport Beach surged. If you’re hunting for a deal, target areas where landlords are under pressure. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/01a8bee725f62561