Why is rent in california $4000 a month?

Answer 1

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I assume that what you mean to ask is why are rents so high?  A combination of factors.  Low property tax rates, wealthy population, good schools, low crime, high paying jobs nearby.  Rent isn't high in ALL of California, but that describes the more desirable areas.

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• Casey Y

  Lv 7

  8 months agoReport

  Find a $4k rental in compton...go ahead and try.  
  

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Answer 2

Because people are paying that in some areas.

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Answer 3

Supply & Demand, move if its too high, that's what the market is telling you to do. 

• Boomerful8 months agoReport

  Whistle blows. Unnecessary rudeness. Off the field.
  

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Answer 4

high demand for place to rent...

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Answer 5

Because of three factors.....Location, Location, and Location.  Anywhere near the ocean is going to be $4000 or in San Francisco/Bay area.  Likewise anywhere near West Hollywood, Brentwood.

Just about every place in the Valley is going to be $2500+.  Out in the high desert,  $1400-$2000....Not Palm Springs.

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Answer 6

The only places I know of that rent for $4,000.00 a month is down by the ocean in a nice town. I see some really nice house inland that rent for that also. Most places rent from $1600.00 to $2500.00 in a half way decent area even in California. $4,000.00 is far from the average rents there.

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• anonymous8 months agoReport

  You're correct. In the bay area it's about $3,000.00 a month for a single, then another $250.00 to pay for parking. It's only $1600.00 a month for a single or one bedroom in not the greatest of areas.
  

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Answer 7

Different places, and what you want to live in have different costs of living.

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Answer 8

Because so many people want to live there, and there is only so much space to fit everyone. A higher demand creates a higher price.

• Boomerful8 months agoReport

  True, but only part of a complex of reasons... land taxes?
  

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Answer 9

Really depends which city you live in.

Southern Cal is more expensive than Sacramento.

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Answer 10

Because $4100 a month would be too much.

• Boomerful8 months agoReport

  Bah! Almost funny, but not...
  

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