$2,373 average rent ahead: Steep hikes to continue through 2019, USC says
With homeownership falling and the number of tenants growing, Southern California rents will continue to rise over the next two years, USC’s Casden Multifamily Forecast said Wednesday, Oct. 11.
That translates into rent hikes of $149 a month over the next two years in Orange County, $136 a month in Los Angeles County and $124 a month in the Inland Empire, according to the forecast, produced by the University of Southern California Lusk Center for Real Estate.
Specifically, the forecast est
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