Inglewood
Inglewood is a rapidly evolving multifamily market supported by major transportation, entertainment and employment investments. Hollywood Park—anchored by SoFi Stadium, Intuit Dome and YouTube Theater—has established the area as a prominent regional destination, while proximity to LAX provides access to airport-related employment. The Metro K Line and connections to the LAX/Metro Transit Center have further strengthened regional mobility. Inglewood maintains comparatively accessible rents relative to nearby coastal and Westside markets, supporting demand for its substantial workforce-housing inventory. Recent development has introduced a growing supply of higher-end apartments, creating elevated near-term vacancy and competitive leasing conditions. For investors, the market offers opportunities in renovated workforce housing, transit-oriented properties and value-add assets positioned to benefit from continued neighborhood reinvestment.
MARKET OVERVIEW
Source: CoStar | Inglewood Multifamily | 2025
Units Sold
411
Rent Growth (YoY)
0.6%
Average Cap Rate
5.7%
Vacancy Rate
4.3%
Average Price Per Unit
$260,243
Average Rent
$2,023
Absorption Rate
-0.1%
Total Transactions
46
EMPLOYMENT DRIVERS
Employment demand is supported by LAX and its surrounding aviation, transportation, logistics and hospitality industries. Hollywood Park, SoFi Stadium, Intuit Dome and YouTube Theater generate additional entertainment, retail, event and service-sector employment. The Metro K Line and LAX/Metro Transit Center improve access to these job centers and connect residents with employment throughout South and Central Los Angeles.
TENANT PROFILE
Inglewood’s tenant base is largely composed of working households and price-conscious renters seeking relative value compared with nearby Westside and coastal markets. Older workforce-housing properties serve the broadest renter pool, while newer luxury developments target higher-income professionals. Transit access, proximity to LAX and continued neighborhood investment support demand across a range of household types.