Rodeo Drive is one of the most well-known and luxurious shopping areas in Beverly Hills, California. It is a haven for those seeking the highest quality of goods and services, and a popular destination for celebrities, tourists, and locals alike. But how much is rent on Rodeo Drive?
Rent on Rodeo Drive is expensive. The average rental cost for a retail space is around $42 to $45 per square foot, per month. This is comparable to other high-end shopping districts such as Madison Avenue in New York City or Union Square in San Francisco. Depending on the size of the space, location, and other factors, costs can range from $20-$70 per square foot per month.
Renters must also consider additional costs, such as insurance, security, and utilities. These can add hundreds of dollars to the monthly rent cost. And depending on the duration of the lease, there may be additional fees for tenant improvements or legal fees.
For those who are looking for a more budget-friendly option on Rodeo Drive, there are several parking lots, garages, and valet services available. Prices range from $5 – $40, depending on the length of stay.
Rodeo Drive is an iconic destination that boasts some of the world’s most luxurious stores and services. While rent is high, it is not out of reach for those looking for a unique and luxurious shopping experience. With a bit of research and planning, it is possible to find an affordable rental option on Rodeo Drive.
How Much is the Average Rental Rate on Rodeo Drive?
Renting an apartment on Rodeo Drive in Los Angeles is an expensive undertaking. The average rental rate for an apartment on Rodeo Drive is approximately $7,500 per month. This is more than twice as much as the average rental rate for the rest of Los Angeles County, which is just under $3,000 per month.
Rodeo Drive is one of the most exclusive and expensive neighborhoods in Los Angeles. It is well known for its high-end shops, luxury restaurants, and celebrity homes. It is also one of the most desirable places for those looking to rent an apartment in LA.
Rental rates on Rodeo Drive vary depending on the size of the apartment, the location, and the amenities. Studio apartments typically range from $3,000 to $5,000 per month, while larger one- and two-bedroom apartments can rent for up to $10,000 per month. Apartments can also come with a variety of amenities, such as pool access, gym access, and in-unit laundry.
Renters on Rodeo Drive can expect to pay more than the average for utilities, as the neighborhood is home to some of the most exclusive and luxurious apartments in the city. Additionally, renters should expect to pay a security deposit of up to two months rent in order to secure an apartment.
Renting an apartment on Rodeo Drive is an expensive undertaking, but it can be worth it for those looking for an exclusive, luxurious place to call home. Renters can expect to pay an average of $7,500 per month, plus utilities and a security deposit.
Discover the Most Expensive Real Estate On Rodeo Drive
Rodeo Drive is one of the most iconic and expensive shopping and real estate areas in Los Angeles. It runs from Sunset Boulevard to Wilshire Boulevard, and is home to some of the world’s most luxurious stores, restaurants, hotels, and residences. But what is the most expensive real estate on Rodeo Drive?
The most expensive real estate on Rodeo Drive is the One Beverly Hills residential development. This development is located on the corner of Wilshire and Santa Monica Boulevards and features 11 luxury residences. It is currently the most expensive piece of real estate on Rodeo Drive, with units averaging around $9 million. The One Beverly Hills development offers some of the latest in modern living features, such as floor-to-ceiling windows, full-size kitchens, private elevators, and automated home systems.
The second most expensive real estate on Rodeo Drive is the Beverly Hills Hotel and Bungalows. This hotel is located on the corner of Wilshire and Rodeo Drive and features two wings of luxurious suites. The suites in the Hotel and Bungalows range in price from $2,000 to $20,000 per night. The hotel offers some of the best amenities and services in Los Angeles, such as a full-service spa, a pool, and an award-winning restaurant.
The third most expensive real estate on Rodeo Drive is the Regent Beverly Wilshire. This luxury hotel is located on the corner of Wilshire and Rodeo Drive and features a full-service spa, an outdoor pool, and a variety of fine dining restaurants. The Regent Beverly Wilshire offers suites that range in price from $1,000 to $15,000 per night. The hotel also offers a number of high-end amenities and services, such as valet parking, a concierge service, and a fitness center.
Rent on Rodeo Drive:
| Property | Average Rent |
|---|---|
| One Beverly Hills | $9 million |
| Beverly Hills Hotel and Bungalows | $2,000 – $20,000 |
| Regent Beverly Wilshire | $1,000 – $15,000 |
As you can see, Rodeo Drive is one of the most expensive areas for real estate in Los Angeles. The average rent on Rodeo Drive is significantly higher than in other areas of the city. Whether you are looking for a luxury residence, a luxury hotel, or just a place to shop, Rodeo Drive has it all.
The average cost of rent on Rodeo Drive is typically around $3,000-$12,000 per month.
The least amount of money someone can rent on Rodeo Drive is typically around $3,000 per month.
No, there is typically no discount for renting multiple properties on Rodeo Drive.
Yes, there may be additional fees such as parking, utilities, and cleaning fees associated with renting on Rodeo Drive.
Yes, there are long-term rental options available on Rodeo Drive.
Yes, there are houses available for rent on Rodeo Drive.
Yes, most landlords require a security deposit in order to rent on Rodeo Drive.
Yes, there are pet friendly rentals available on Rodeo Drive.
No, rent on Rodeo Drive typically does not include utilities.
Yes, there are rooms available for rent on Rodeo Drive.