Perhaps this season's serious weather on the East Coast was getting to be too much. Perhaps Blue Ivy was running out of fresh Timberland's to wear in NYC's frigid winter. Whatever the case, Jay Z, Beyonce and their toddler fashionista have settled in L.A., if only temporarily.

The power couple has rented a house in Holmby Hills - in fact, it's the same house they rented last summer. This year, however, they've been given a bargain: the rent has been knocked down from $200K/month to $150K/month. But still, this is chump change for Jay and Bey.

At 16,000 sq. ft., the mansion is equipped with seven bedrooms, nine bathrooms, a tennis court, an art gallery, a home theater and an infinity pool with a waterfall.

Even with the discounted rent, Jay, Bey and Blue are still Big Pimpin'.