Renters' woes

You don't need a degree in economics to figure out that when home sales fall, apartment rentals are likely to go up - and be priced high. Los Angeles is among a dozen or so communities around the country with vacancy rates of 2.5 percent or less. The national rate is expected to be 5.2 percent in the fourth quarter. Anyway, the numbers are pretty much what you would expect. The most expensive locales are Pacific Palisades ($4,094), Malibu ($3,796), Bel Air ($3,462), Beverlywood ($2,757) and Venice $2,735. Least expensive are Hawthorne ($1,002), Panorama City ($1,027), Koreatown ($1,066), Gardena ($1,066) and Palms ($1,294). Numbers are from RentSlicer (courtesy of Curbed LA).
A fuller list after the jump.