Monthly Rent Report

ZIP 91016 Rent Report — October 2023

Asking rents in ZIP 91016, Los Angeles, from 36 listings.

Median 1BR rent in ZIP 91016 was $1,795 in October 2023, down 35.1% (−$972) from September 2023 and down 35.4% year-over-year. The middle half of 1BR listings asked between $1,784 and $1,800. That puts ZIP 91016 $203 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 36 listings across 5 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2023Vs. October 2022P25–P75 RangeListings
Studio$1,750−$1,081 (-38.2%)−$711 (-28.9%)$1,750 – $1,7501
1BR$1,795−$972 (-35.1%)−$984 (-35.4%)$1,784 – $1,8008
2BR$2,500+$1,200 (+92.3%)+$50 (+2.0%)$2,495 – $2,80019
3BR$3,588−$3,912 (-52.2%)+$488 (+15.7%)$3,275 – $4,4256
4BR$4,100+$600 (+17.1%)−$300 (-6.8%)$3,850 – $4,3502

Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.

ZIP 91016 vs. Los AngelesOctober 2023

BedroomsZIP 91016 MedianLos Angeles Citywide MedianDifference
Studio$1,750$1,700+$50 (+2.9%)
1BR$1,795$1,998−$202 (-10.1%)
2BR$2,500$2,750−$250 (-9.1%)
3BR$3,588$4,195−$607 (-14.5%)
4BR$4,100$5,275−$1,175 (-22.3%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.

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