Monthly Rent Report
ZIP 91016 Rent Report — August 2023
Asking rents in ZIP 91016, Los Angeles, from 34 listings.
Median 1BR rent in ZIP 91016 was $2,625 in August 2023, down 2.6% (−$70) from July 2023 and down 4.9% year-over-year. The middle half of 1BR listings asked between $2,337 and $2,753. That puts ZIP 91016 $525 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 34 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,400 | −$288 (-10.7%) | — | $2,063 – $2,614 | 3 |
| 1BR | $2,625 | −$70 (-2.6%) | −$135 (-4.9%) | $2,337 – $2,753 | 15 |
| 2BR | $2,500 | −$420 (-14.4%) | −$794 (-24.1%) | $2,270 – $3,526 | 12 |
| 3BR | $5,065 | +$570 (+12.7%) | +$2,240 (+79.3%) | $5,065 – $5,065 | 1 |
| 4BR | $3,600 | −$395 (-9.9%) | −$600 (-14.3%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
ZIP 91016 vs. Los Angeles — August 2023
| Bedrooms | ZIP 91016 Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,400 | $1,775 | +$625 (+35.2%) |
| 1BR | $2,625 | $2,100 | +$525 (+25.0%) |
| 2BR | $2,500 | $2,895 | −$395 (-13.6%) |
| 3BR | $5,065 | $3,897 | +$1,168 (+30.0%) |
| 4BR | $3,600 | $5,163 | −$1,562 (-30.3%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.