New rental map could aid agents

Submarkets exist in Los Angeles where it is cheaper to buy versus rent
  • Overall buying remains a better option than renting in Los Angeles
  • Searchable map can allow single-family investors to better target high rent markets
  • Rising rents in Los Angeles are pushing individuals to tertiary submarkets

While developed for Los Angeles renters seeking apartments based on their budget, RentPath’s recently launched Neighborhood Finder could be of use to real estate agents. The searchable interactive map allows users to search for apartments under the general criteria of price range and number of bedrooms.