RENTERS: Beyoncé and Jay-Z
LOCATION: Los Angeles, CA
PRICE: $150,000/month
SIZE: 16,000 square feet, 7 bedrooms, 8.5 bathrooms

YOUR MAMA’S NOTES: According to celebrity gossip juggernaut TMZ, uni-named superstars Jay-Z and Beyoncé have enrolled their three year old child in a pricey private school in Los Angeles and rented a newly built and thoroughly modern mansion in the high-toned Holmby Hills ‘hood at a discounted but still staggering $150,000 per month.

The children may recall the house-hunting couple — they allegedly lost out on the sexed-up, spec-built Beverly Hills house that Mincraft creator Markus Persson bought a couple of months ago for $70 million — briefly leased the gated and secured 1.32-acre estate last summer at a rate of $200,000 per month but — so the stories go — arranged for a significant discount by dealing directly with the home’s owner and signing a year-long lease.

Online marketing materials show the 16,000-square-foot residence, an L-shaped series of glass-walled pavilions on three floors built on spec by the London- and L.A.-based luxury developers Estate Four, has seven bedrooms and 8.5 bathrooms, including a 2,000-square-foot master suite. Listings and other online resources go on to reveal the elevator equipped residence has a living room with fireplace and 20-foot ceiling, a 75-foot long gallery, both family and catering kitchens, a fitness suite with massage room, a climate-controlled walk-in wine cellar and — natch — a state-of-the-art screening room.

The house opens to a wrap around terrace with an outdoor kitchen and a sexy if increasingly cliché infinity edged swimming pool. A long, glute-busting stair leads down from the rear terrace to a lighted, synthetic grass tennis court but, let’s be honest, does anyone really think Sasha Fierce or Hova, for that matter, swing a tennis racket?

What’s interesting to this property gossip is why, if the paparazzi-tailed pair are looking to buy a house in one of the better necks of the Los Angeles woods and they’re willing to spend a couple million bucks to rent the Holmby Hills house in question why, since it’s also available for purchase with a $35 million asking price, they don’t just put a ring on it and buy the damn thing? But, of course, if Your Mama has said it once we’ve said it 59,852 times: Who are we to make sense of the sometimes wacky real estate ways of the world’s rich and/or famous?

For an internationally renown duo with a serious fortune, Mister and Missus Z maintain a rather puny property portfolio; The Missus owns a high-floor condo at the snazzy One Beacon Court complex in Midtown Manhattan where her fashion designer momma reportedly lives and Mister Z still owns an 8,309-square-foot penthouse in New York City’s TriBeCa he acquired in the fall of 2004 for $6,850,000 and where they were married in 2008 in a small and very hush-hush ceremony.

Listing photos: Westside Estate Agency