What is the average Class A rent in Los Angeles?

Around 65 USD/sqft/yr ($65 USD) across the broader Class A index. Trophy submarkets like Century City command 20–40% above that.

How many months of rent-free are normal in Los Angeles?

14 months on a 7-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Los Angeles?

The Los Angeles Class A market is currently flat. Vacancy is 22.5%, which sets the negotiating context.

Headline Class A rent in Los Angeles is around 65 USD/sqft/yr ($65 USD), with 14 months of typical rent-free on a 7-year term.

Headline Class A rent: 65 USD/sqft/yr ($65 USD).
Trophy submarket rents (Century City) push to roughly $105/sqft/yr.
Typical concessions on a 7-year deal: 14 months free rent.
Vacancy stands at 22.5% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Los Angeles Class A office rents and incentives

Headline Class A rent in Los Angeles is around 65 USD/sqft/yr ($65 USD), with 14 months of typical rent-free on a 7-year term.

TL;DR

Headline Class A rent: 65 USD/sqft/yr ($65 USD).
Trophy submarket rents (Century City) push to roughly $105/sqft/yr.
Typical concessions on a 7-year deal: 14 months free rent.
Vacancy stands at 22.5% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Los Angeles are quoted in USD per sqft per year. Across the broad Class A index the figure is 65, but the trophy tier in Century City reaches roughly $105/sqft/yr. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Los Angeles concessions on a 7-year Class A lease run to 14 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — Combined federal + California corporate tax effectively 27%. LA City business license tax applies.

Where rents land by submarket

Century City sits at the top end (~$105/sqft/yr). Culver City clears around $78/sqft/yr as the prime tier. Downtown LA represents the value end at ~$50/sqft/yr. The full submarket map is on the Los Angeles city page.

Key facts

city	Los Angeles
country	United States
region	Americas
classARentLocal	65 USD/sqft/yr
classARentUsd	$65/sqft/yr
vacancy	22.5%
typicalLeaseYears	7
typicalRentFreeMonths	14
submarkets	6
primeYieldPct	5.8%
trophyRent	$105/sqft/yr
primeRent	$78/sqft/yr

Frequently asked questions

What is the average Class A rent in Los Angeles?: Around 65 USD/sqft/yr ($65 USD) across the broader Class A index. Trophy submarkets like Century City command 20–40% above that.
How many months of rent-free are normal in Los Angeles?: 14 months on a 7-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Los Angeles?: The Los Angeles Class A market is currently flat. Vacancy is 22.5%, which sets the negotiating context.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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