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They’re rich, they’re famous, and they’re renters? Despite bringing in seven-figure salaries, many celebrities choose to rent rather than own a home. On the flip side, celebs who are trying to sell their luxury estates, but can’t due to the rough housing market, have been forced to test the waters as landlords. Check out our round-up of celebrity renters and celebrity landlords — a group that is shifting the starlet standard of owning a multi-million dollar home and simultaneously proving even celebrities can’t hide from an unfavorable housing market.

Source: SF Gate

Diane Keaton

Renting: Undisclosed amount in Bel Air, CA

Diane Keaton is a notorious home restoration queen, buying and renovating homes all over California, many of which have attracted A-list buyers like Christina Ricci, Madonna, and “Glee” creator, Ryan Murphy. Her most recent house flips include a Spanish Colonial revival in Beverly Hills, and a Lloyd-Wright designed Pacific Palisades home. Both properties sold in September 2010.

Last month, Keaton added “renter” to her real estate resume. According to The Real Estalker, Keaton is currently leasing out Meg Ryan’s Bel Air residence (pictured above). Ms. Ryan first put the .73-acre Spanish-style estate up for sale in October with an asking price of $14.2 million, but after just two months on the market, Ryan switched her for-sale sign to for-rent and posted the 6-bedroom, 7-bathroom beauty for $40,000/month. Keaton took the property off her former “Hanging Up” castmate’s hands in January 2011, for an undisclosed monthly payment. Highlights of Keaton’s Bel Air rental include a living room, pub room, two family rooms, media room, two staff rooms, pool, and guesthouse.

See more photos of Meg Ryan’s Bel Air rental

Source: E! Online

Meg Ryan

Renting: $25,000/mo in New York City’s SoHo neighborhood

As it turns out, Meg Ryan is not only a landlord but also a renter herself. According to the New York Post, Ryan signed a one-year lease for a trendy 3-bedroom unit in the Jean Nouvel-designed building in New York City’s SoHo neighborhood for around $25,000/month. Ryan’s Soho rental is not identical, but similar in layout to the 3-bedroom condo pictured above, and features 3.5 bathrooms and close to 2,500 sq ft. In addition to living in a glass-encased condo, Ryan enjoys star-status building amenities, like a 50-ft indoor lap pool, gym with steam room and sauna, private bar and lounge, and a 24-hour concierge service that will assist with anything from travel arrangements to personal shopping and pet care.

See more photos of 40 Mercer condos

Source: Celebrity News Buzz

Orlando Bloom

Landlord: $18,000/mo in Hollywood Hills, CA

Actor Orlando Bloom, 34, has recently taken on a whole new world of responsibilities as hubby to new wife and Victoria Secret model, Miranda Kerr, and father to their first child, Flynn. While raising a baby is tough enough, Bloom is reportedly ready to take on the role of a landlord, placing his .75-acre compound on the rental market for $18,000/month. Orlando’s Hollywood Hills compound (pictured above) is a gated estate consisting of a 1-story, 3250-sq ft home with 4 bedrooms, 4 bathrooms, a gourmet kitchen, outdoor dining patio with built-in barbecue, library, and swimming pool.

See more photos of Orlando Bloom’s rental

Source: IMDb

Lindsay Lohan

Renting: Undisclosed amount in Venice, CA

Celebrity media was all a-buzz when news spread that actress and courthouse frequenter, Lindsay Lohan, rented a Venice townhome right next door to her former girlfriend, DJ Samantha Ronson. It doesn’t seem like Lohan will be spending much time at her Venice rental, though. On Monday, the NY Daily News reported that Lohan headed back to her home in NYC to visit with family while she ponders accepting a plea bargain for her diamond-necklace theft case.

Lohan’s rental (pictured above) boasts 3,100 sq ft, 4 bedrooms, 3.5 baths and is set just a few blocks back from the beach. The two-story townhome has city, mountain, and coastline views, a rooftop deck, and a variety of high-end finishes such as mahogany, Carrera marble, polished concrete, and tile mosaics.

Read more about Lindsay Lohan’s Venice rental

Source: IMDb

Charlize Theron

Dual-tracking: Landlord $50,000/mo, or Seller $7,500,000 in Malibu

Noted as “originally the oldest home on La Costa Beach,” Charlize Theron’s Malibu home (pictured above) is open for any kind of occupancy — renters or new owners. The Academy Award-winning actress is dual-tracking her home, which means it is for sale for $7.5 million, or it can be yours as a Malibu rental for $50,000/month. Theron’s Malibu beachfront home, purchased with her ex Stuart Townsend for $3.5 million in 2003, features high ceilings, 3 bedrooms, 3.5 bathrooms, and an expansive deck that faces the water and includes a hot tub, fire pit, and an assortment of beach toys.

See more photos of Charlize Theron’s Malibu home

Source: Inquisitr

Nicole Kidman

Landlord: $45,000/mo in New York City’s West Village neighborhood

In November 2010, Nicole Kidman put her 3,785-sq ft New York penthouse on the rental market for a whopping $45,000/month. The unit is no longer on the rental market, so we’re unsure if she rented it or merely took it off the market. Kidman’s New York rental (pictured above) has 3 bedrooms, 3.5 bathrooms, a chef’s kitchen, and floor-to-ceiling windows throughout, offering stunning views of the Hudson River. Kidman and country star husband Keith Urban, haven’t done much else to trim their real estate portfolio. The high-profile couple, who recently welcomed their second child to the family, still own another penthouse in New York, a 4,000-sq ft home in Beverly Glen, a mansion in Nashville, and two properties in Sydney.

Read more about Nicole Kidman’s New York rental

Source: The Inquisitr

Brad Pitt & Angelina Jolie

Renting: $60,000,000 in Lloyd Harbor, Long Island

Brad Pitt and Angelina Jolie, popularly referred to as “Brangelina,” juggle their movie star schedules with a full plate of parenting. The Jolie-Pitt clan, which is made up of Brad and Angelina and their six children, Maddox, Pax, Zahara, Shiloh, Knox, and Vivienne, spend most of their days at their 5-lot compound in Hollywood Hills. Despite their ever-growing family, Brad and Angelina are still extremely active in their careers and, when it’s time to work on-location, they don’t leave their family behind. When a project takes Brangelina anywhere besides  Los Angeles, Malibu, New Orleans, and New York City (where they currently own homes), the award-winning couple turns to the world of rental properties. One of their most recent rentals was a 48-acre waterfront estate on the North Shore of Long Island known a “Sassafras” (pictured above). According to The Huffington Post, they rented the property while Jolie was filming her 2010 flick “Salt.” The $60 million Lloyd Harbor rental includes a 22,000-sq ft Tudor-style main house, with 8 bedrooms, a separate 6-bedroom guest house, an 11-bedroom staff house, private dock, and two helipads.

Source: IMDb

Hollywood Party House

For Rent: $34,995/mo in Hollywood Hills, CA

Known as the Hollywood party house, this Hollywood Hills rental (pictured above) was built to give renters no choice but party until the wee hours of the night. Perhaps that’s why the furnished, 6,532-sq ft pad has attracted such tenants as Fabio, Def Jam co-founder Russell Simmons, and Sean “Diddy” Combs. According to the Los Angeles Times, the seven-level house is owned by glamour photographer Richard Franklin, who first put the property up for sale, asking $7.5 million. Now, the legendary house is looking for a short-term leaser willing to pay $34,995/month.

The infamous house features a 2-story disco with programmable lighting and sound, a casino room with three tables, home theater with floor-to-ceiling movie screen, a dancing studio with pole, cave grotto with hot tub,  6 bathrooms, and 4 bedrooms all of which open to the outdoor swimming pool. A canopied deck tops of the pool area, where a spa, sauna, steam and shower room can also be conveniently found.

See more photos of the Richard Franklin’s Hollywood party house

Source: The Telegraph

Source: The Telegraph

Mark Zuckerberg

Renting: Undisclosed amount in College Terrace, CA

Movie stars aren’t the only ones choosing monthly rent over a mortgage payment. Facebook co-founder and CEO, Mark Zuckerburg has been a long-time renter in College Terrace, a small neighborhood in the Palo Alto area where tech/startup companies are the lifeblood of Silicon Valley. Zuckerberg’s first College Terrace rental was a modest 4-bedroom, 3-bathroom home. He recently upgraded his humble abode to a 3,800-sq ft house (pictured above) with 5 bedrooms and 4 bathrooms. The ultimate perk of Zuckerberg’s new rental: It’s just steps away from Facebook Headquarters.

Read more about Zuckerberg’s College Terrace rental

Photo courtesy of Atlanta Fine Homes

Source: IMDb

Queen Latifah

Renting: $10,000/mo in Atlanta

Iconic actress-turned-fitness-video-maker Jane Fonda, has been struggling to sell her North Atlanta loft (pictured above) for over a year, first listing the home for $4.5 million with an adjoining $10,000/month rental price. With no takers on her first listing price, Fonda drastically reduced the price tag to $1.95 million. The home is still exclusively listed for sale through Atlanta Fine Homes but according to AOL, actress/singer Queen Latifah took Fonda up on her rental offer, temporarily taking the 4,700-sq ft home off her hands at the end of January 2011.  Latifah’s Atlanta rental is  a two-story home, with an open floor plan, 3 bedrooms, 3 bathrooms, two fireplaces, two balconies,  underground parking for 4 cars, and expansive views of downtown and midtown Atlanta.

See more photos of Jane Fonda’s Atlanta rental

Read more celebrity real estate news:

> Homes of Tech Titans

> Homes of 2010 Golden Globe Nominees

> Homes of Academy Award Nominees

> Homes of Grammy Award Nominees

> Celebrity Price Cuts

About the Author

Lauren Riefflin manages news around Zillow Mobile communications and works closely with Zillow's real estate economists in preparing Zillow's real estate market reports. She also focuses on celebrity real estate news as both a Zillow Blog author and manager of celebrity content relationships.

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