SoCal Rental info

I'm still looking for a job but once I find a job, I'll be renting near work [ideally, I would like to be able to walk to work, like I did in San Jose, CA]. Unfortunately, the most recent rent survey for SoCal doesn't sound good. But then again, with all those homes bought by "investors" once they get on the market as rentals, the prices will fall just as real estate prices have begun a free-fall in SoCal....