Where are rents still falling in Southern California?

Southern California rents rose 1.5% over the past year, with declines in only 6 of 32 markets, compared to broader price drops last year. Limited new construction, high home prices, and wildfire damage boosting rental demand contributed to rising rents. Outside Southern California, rents rose 0.4%, with declines in just 2 of 16 markets. Nationally, rents fell in 41% of markets, with a median rent of $1,525.