Kim, Renter in 92627

Why is Long Beach rental prices so low?

Asked by Kim, 92627 Sat Oct 13, 2012

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This question was asked from this property: http://www.trulia.com/rental/3096789956-933-Alamitos-Ave-10-…

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8
Most of the time, you get what you pay for. Look at the condition of the home, drive the neighborhood in the day and at night, check out the local crime statistics, investigate the quality of the schools, etc. These and other factors affect the market price of rental properties.
1 vote Thank Flag Link Sun Oct 28, 2012
Hello Kim,

Rents vary from property to property. Long Beach is a large city and the rents can change from low to mid prices to very high end.
Kawain Payne
0 votes Thank Flag Link Wed Oct 23, 2013
Hi Kim,

Are you moving from out of state or another country?

Long Beach is a beautiful city with diverse neighborhoods. From Bixby Knolls and Belmont Shore to North Long Beach and the Eastside, you should really visit and see the areas yourself before you sign any lease.

Let me know if you have any specific questions about the city. Hope you find a wonderful place to live!
0 votes Thank Flag Link Fri Oct 11, 2013
be careful of any listing priced too low. The property could be in poor condition, or the listing may be a scam!

Kawain Payne, Realtor
0 votes Thank Flag Link Fri Oct 11, 2013
This property was added to Tulia 11 months ago and shows as no longer active. Beware of scams posted on websites including Trulia. We cannot guarantee the listings on the internet. Your best bet is to work with a Broker or Property Management company to assist you in finding a rental. It should be no money out of pocket to you to work with a Real Estate Professional.
Long Beach has many diverse neighborhoods and pockets. Rents can vary depending on the area. Be sure to work with someone that is familiar with the city.

Feel free to call me if you are still in the market for a rental.

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
DRE Lic #01456982
alexmontelongo13@yahoo.com
0 votes Thank Flag Link Mon Oct 7, 2013
I think the answer to this question all comes down to the old adage "location location location".

Downtown LB is going thru a wonderful change and transition in terms of retail, business and some housing conversion such as the lofts and many of the wonderful Ocean Blvd luxury complexes but as you start moving above 4th St the housing make up changes thus the rents.

There are many areas in OC (Santa Ana/Orange/Anaheim) where you could find comparable rents as well as many areas in LA County. It is all about location.

A very important point I would suggest also is if you have kids, please do a Megan Law online search in such areas. I had clients who have several small kids and once they did a Megans Law search quickly made the decision to not move into that area.

Allison Van Wig is 100% correct that buying does make alot of sense but do it soon!

Read these 2 articles that talk about the intense competition in todays market to buy and let's fact it, interest rates will most likely go up after the election. They have to...

Read:
http://soc.li/Kp8r6ZP

Great article. Says it all.
http://money.cnn.com/2012/09/01/real_estate/home-buying.mone…
0 votes Thank Flag Link Sat Oct 13, 2012
Long Beach has some of the best prices around. Many condos in Long Beach can be purchased and your payment would be the same as rent. Give me a call if you interested in knowing the different areas of Long Beach
0 votes Thank Flag Link Sat Oct 13, 2012
This property looks like it's in rough condition, so that probably has something to do with it. Long Beach rents can vary greatly, but tends to be a slightly better deal than just south in Orange County. Long Beach has a lot of unique neighborhoods and some of the best neighborhoods are very close to areas that many consider to be undesirable. I think this has a major affect on the rent rates when compared to other cities. Also, be very cautious if you see rent rates that are unbelievably low, it's most likely a rental scam. Never send money to anybody and don't sign anything unless you've met them in person. Scams are everywhere now, even on Trulia, and many times these people are looking to make a couple hundred dollars, not thousands.

Long Beach is a fantastic city to live in. Great restaurants, nightlife, close to freeways, mild weather, etc. If you're not familiar with the neighborhoods, drive around and pick out the areas you like best.

Best of luck to you...
0 votes Thank Flag Link Sat Oct 13, 2012
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