Wildfires across Los Angeles County have caused a surge in demand for high-end rentals, pushing prices upward and revealing extremes in landlord behavior. As evacuees seek temporary housing, competition for listings in impacted areas like Brentwood and Santa Monica has intensified. AirDNA data suggests the short-term rental market may experience a rebound following a period of sluggish growth, driven by heightened need for temporary accommodations.

We did see price increases pretty significantly during the pandemic, but they’ve definitely moderated in recent years. For apartments, we see a similar trend.

Wildfires boost LA rental demand as prices surge. AirDNA sees potential rebound in short-term rentals after years of softening growth.

Supply-demand imbalance from fires stokes LA rent price-gouging

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Supply-demand imbalance from fires stokes LA rent price-gouging