Rihanna rents $7 million home in LA

Los Angeles, June 10 (IANS) Singer Rihanna has moved into a new $7 million mansion that she is reportedly renting for $60,000 a month after putting her own house there on the market for $15 million last month.

The "We Found Love" hitmaker, who has had a number of problems with stalkers in recent years, is renting a unique steel and concrete home with state-of-the-art security in the Hollywood Hills here.

The 26-year-old singer's towering new abode boasts a 60-ft grand entry, soaring ceilings and breath-taking views, reports radaronline.com.

Property records reportedly suggest that the Barbados-born star, who recently split from her on-again, off-again boyfriend Drake, is leasing the industrial-style property for approximately $60,000 a month.