Los Angeles is now the most competitive rental market in California and among the top 10 nationwide, driven by the January wildfires that destroyed homes and displaced thousands. Eastern L.A. County, including Long Beach and Pasadena, faces the highest competition with 17 renters per unit and a lease renewal rate rising to 57.8%. Western L.A. remains steadier due to more new apartments. The housing shortage intensifies rental challenges across the region.
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