Monthly Rent Report
ZIP 90640 Rent Report — August 2023
Asking rents in ZIP 90640, Los Angeles, from 24 listings.
Median 1BR rent in ZIP 90640 was $1,902 in August 2023, down 3.9% (−$77) from July 2023 and up 8.7% year-over-year. The middle half of 1BR listings asked between $1,819 and $2,059. That puts ZIP 90640 $198 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 24 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,320 | −$379 (-22.3%) | — | $1,320 – $1,320 | 2 |
| 1BR | $1,902 | −$77 (-3.9%) | +$152 (+8.7%) | $1,819 – $2,059 | 4 |
| 2BR | $2,250 | −$174 (-7.2%) | −$300 (-11.8%) | $2,200 – $2,250 | 5 |
| 3BR | $3,780 | +$1,185 (+45.7%) | −$100 (-2.6%) | $3,250 – $3,865 | 11 |
| 4BR | $3,800 | +$200 (+5.6%) | — | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 90640 vs. Los Angeles — August 2023
| Bedrooms | ZIP 90640 Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,320 | $1,775 | −$455 (-25.6%) |
| 1BR | $1,902 | $2,100 | −$198 (-9.4%) |
| 2BR | $2,250 | $2,895 | −$645 (-22.3%) |
| 3BR | $3,780 | $3,897 | −$117 (-3.0%) |
| 4BR | $3,800 | $5,163 | −$1,362 (-26.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.