Monthly Rent Report
ZIP 91016 Rent Report — May 2023
Asking rents in ZIP 91016, Los Angeles, from 105 listings.
Median 1BR rent in ZIP 91016 was $2,112 in May 2023, down 6.2% (−$138) from April 2023. The middle half of 1BR listings asked between $1,861 and $2,716. That puts ZIP 91016 in line with the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 105 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,232 | +$182 (+8.9%) | — | $1,888 – $2,936 | 7 |
| 1BR | $2,112 | −$138 (-6.2%) | — | $1,861 – $2,716 | 22 |
| 2BR | $2,795 | +$245 (+9.6%) | +$120 (+4.5%) | $2,395 – $3,555 | 49 |
| 3BR | $3,250 | −$297 (-8.4%) | — | $2,923 – $4,283 | 23 |
| 4BR | $4,150 | $0 (0.0%) | — | $3,825 – $4,475 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
ZIP 91016 vs. Los Angeles — May 2023
| Bedrooms | ZIP 91016 Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,232 | $1,750 | +$482 (+27.5%) |
| 1BR | $2,112 | $2,122 | −$10 (-0.5%) |
| 2BR | $2,795 | $2,780 | +$15 (+0.5%) |
| 3BR | $3,250 | $3,943 | −$692 (-17.6%) |
| 4BR | $4,150 | $5,000 | −$850 (-17.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.