Did you know that over 46 million people visit Los Angeles every year?
As one of the most famous cities in the world, Los Angeles has everything you could ever dream of. From picturesque cafes to stunning lifestyle estates, living in LA is a dream.
With so many housing options available, choosing an apartment can be a challenge. There are a few different apartment sizes to choose from. This includes studios, one-bedrooms, and even lifestyle apartments that come with added amenities.
Are you thinking about moving to the city of angels? You’re in the right place. Here’s everything you need to know about the different types of apartments.
A studio apartment is perfect for those just starting to live on their own and who don’t need much space. This kind of apartment is designed as an open plan room with the bedroom, lounge, and kitchen all placed in the same space.
Studio Apartment Sizes
Studio apartments are often the smallest option you will have when looking for apartments. These apartments are known to be just big enough to live in, with everything you need in a single room. When it comes to size, studio apartments can range from around 150 to 350 square feet.
Benefits of a Studio Apartment
Studios offer a wide range of benefits compared to traditional apartments. The first benefit to note is that studios are much cheaper to either rent or buy. Studios are one big room. This makes it a lot easier to furnish and maintain compared to larger spaces.
In addition to saving you money on rent, studio apartments will save you money on your monthly utility bills as well. This is due to the fact that studios will have fewer lights and appliances.
How Much Does a Studio Apartment Cost?
If you’re looking to buy a studio apartment in LA, the price can vary depending on what area you’re looking into. These apartments can range from around $50,000 all the way to $300,000 in some areas of Los Angeles.
How Much Does a Studio Apartment Cost to Rent?
If you’re looking to rent a studio apartment in Los Angeles, you will need to set aside around $700 per month. This can increase to around $1,500 depending on the area that you want to stay in. These apartments will also have a monthly utility cost of around $100 to $150 as well.
If you’re looking for something a bit more industrial, look no further than a loft. These apartments are generally two stories, with the bedroom elevated above the rest of the apartment. These kinds of apartments were designed to maximize the space in old industrial buildings that feature high ceilings. Due to the industrial nature of the buildings, lofts tend to be more rustic in design.
Benefits of a Loft Apartment
Loft apartments are not always bigger than one-bedroom apartments when it comes to floor space. However, these apartments can feel a lot more spacious due to the vertical height of the space. While most homes and apartments will have 8 ft ceilings, it’s not uncommon for lofts to have 18 ft or even 20 ft ceilings.
How Much Does a Loft Apartment Cost?
Renting a loft is slightly more expensive than a studio apartment. The average rent for a one-bedroom loft is around $1,000 to $1,200 per month. These lofts are also more expensive to buy with prices ranging from $120,000 to over $500,000 in some areas.
One-bedroom apartments are perfect for individuals and couples that want a bit more privacy. This is because the one-bedroom apartment closes off the bedroom from the rest of the apartment. These apartments tend to come with a single bathroom, but some offer a second toilet outside the main bedroom for guests.
Benefits of a One-Bedroom Apartment
One-bedroom apartments are perfect for those who want more privacy than a studio. These apartments are also slightly larger with a floor space of around 400 to 700 square feet in most instances. This makes the apartment better for entertaining guests as well.
How Much Does a One-Bedroom Apartment Cost?
The average cost of rent in the Los Angeles Country is around $2,500 per month. While this is the average, you can get one-bedroom apartments for around $1,000 to $1,500 per month.
This price can skyrocket in some of the wealthier neighborhoods with some apartments going for well over $3,000 per month. One-bedroom apartments are notably more expensive to buy as well. These apartments can range from $150,000 to almost $1 million in some areas.
The two-bedroom apartment is not just for families or friends wanting to share an apartment. The extra space can be incredibly useful, especially if you’re working from home. The two-bedroom apartment usually comes with two full bathrooms, one as an en suite and the other placed separately from the bedrooms for guests to use as well.
Benefits of a Two-Bedroom Apartment
Two-bedroom apartments are perfect for most situations. While these apartments are more expensive than one-bedrooms, you can split the rent with a roommate. This can make renting a two-bedroom even more affordable than renting a studio on your own.
Additionally, the second room can come in handy if you work from home. Whether you want to build a home office or set aside a space for creative work, the second bedroom offers that flexibility. These apartments are also much larger than one-bedroom apartments at around 700 to 1,200 square feet.
How Much Does a Two-Bedroom Apartment Cost?
As one of the most versatile options, the two-bedroom apartment is also one of the most expensive. As with all LA apartments, the area can drastically increase the cost of renting. Rent prices can range from around $1,500 to $4,000 per month.
If you’re looking to invest in Los Angeles real estate, two-bedroom apartments and condos are your best options. These properties are pricy but are incredibly flexible for tenants. This is because you can rent to friends, couples, families, or individuals that want the extra room to work from home.
A greater rental pool allows you to easily find tenants for the place. However, these apartments come at a much higher price. Two-bedroom apartments can cost anywhere from $200,000 to over $1,5 million in some areas. There are even some elite penthouses that can go for well over $2 million.
Lifestyle estates are gated communities that offer more than just housing. These properties tend to have hundreds of homes or apartments in them, creating a sense of community among their residents. Gated communities are often known for added security but come with a wide range of additional benefits as well.
Benefits of a Lifestyle Estate
Living in a lifestyle estate is meant to be comfortable and luxurious. These properties are designed around convenience and often come with everything you may need within the complex. This includes on-site security but can also include cafes, restaurants, bars, parks, walking trails, gyms, laundry services, and even a concierge.
The addition of these amenities is meant to help encourage a happy and healthy lifestyle. Modern lifestyle estates in Los Angeles also include yoga studios, meditation rooms, and coworking spaces for those who wish to work from home.
While lifestyle estates are known to cost more than staying elsewhere, the added amenities are usually free for all residents. This means that if you factor in the costs that you would be saving, it can be worth it at the end of the day.
How Much Does Living in a Lifestyle Estate Cost?
The cost of renting in a lifestyle estate in Los Angeles can vary depending on where you want to live and what kind of estate it is. Standard gated communities that only offer added security can range from around $2,000 to $3,000 per month for a one-bedroom apartment.
This can change drastically with high-end luxury estates costing anywhere from $4,000 per month for a one-bedroom and around $10,000 per month for a penthouse apartment.
Moving to LA? Contact Good Neighbors Moving Company Today!
When it comes to housing in LA, there is a wide range of apartment sizes to choose from. If you’re moving by yourself, a studio or one-bedroom is your best bet. There are also two-bedroom apartments and even entire homes for rent.
Are you looking to make a move to LA? We’ve got you covered. Good Neighbors Moving Company specializes in both local and long-distance moving. This makes us the perfect moving company to help you set up your new place.
For more information or even a free quote, feel free to contact us today!