The Los Angeles Times has an article on rising rents in California. The article states that Los Angeles County rents rose about 7.6 % on average to $1,546 during the third quarter.
I think rents in the South Bay are up between 8-10% depending on location. El Segundo has very few rentals. It's hard to find a one bedroom in Manhattan or Hermosa under $1,450. One bedrooms along the Esplanade and in the Village are currently between $1650-$2,000 depending on views.
The following information is from South Bay Rentals as of October 19, 2006 and is for Aptartments, Condos, Townhomes and Single Family Homes:
El Segundo: There are 7 rentals available. Prices range from $1,000( 1 bedroom apt) - $3,200 per month.
Manhattan Beach: There are 48 available. Prices range from $1,495( 1 bedroom apt))-$20,000 per month
Hermosa Beach: There are 50 available. Prices range from $800 ( unfurnished studio) to $8,500.
North Redondo: There are 50 available. Prices range from $800 ( unfurnished studio) to $5,995.
South Redondo: There are 34 available. Prices range from $995 ( 1 bedroom apt) to $5,500
On the MLS there are 54 available rentals from El Segundo to South Redondo. The least expensive is $1,600 in Hermosa Beach and the most expensive is $33,000 for a Strand Home in Manhattan Beach.
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