Monthly Rent Report
ZIP 91016 Rent Report — July 2023
Asking rents in ZIP 91016, Los Angeles, from 29 listings.
Median 1BR rent in ZIP 91016 was $2,695 in July 2023, up 38.2% (+$745) from June 2023 and up 14.4% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,795. That puts ZIP 91016 $570 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 29 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,689 | +$139 (+5.4%) | — | $2,619 – $2,758 | 2 |
| 1BR | $2,695 | +$745 (+38.2%) | +$340 (+14.4%) | $2,500 – $2,795 | 13 |
| 2BR | $2,920 | −$563 (-16.2%) | +$320 (+12.3%) | $2,521 – $3,375 | 8 |
| 3BR | $4,495 | +$600 (+15.4%) | +$653 (+17.0%) | $4,220 – $5,470 | 5 |
| 4BR | $3,995 | −$805 (-16.8%) | +$195 (+5.1%) | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
ZIP 91016 vs. Los Angeles — July 2023
| Bedrooms | ZIP 91016 Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,689 | $1,800 | +$889 (+49.4%) |
| 1BR | $2,695 | $2,125 | +$570 (+26.8%) |
| 2BR | $2,920 | $2,873 | +$47 (+1.6%) |
| 3BR | $4,495 | $3,836 | +$659 (+17.2%) |
| 4BR | $3,995 | $4,572 | −$577 (-12.6%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.