Monthly Rent Report
ZIP 91016 Rent Report — December 2023
Asking rents in ZIP 91016, Los Angeles, from 19 listings.
Median 1BR rent in ZIP 91016 was $2,070 in December 2023, down 21.3% (−$561) from November 2023 and up 6.2% year-over-year. The middle half of 1BR listings asked between $1,959 and $2,153. That puts ZIP 91016 $59 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 19 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$150 (-9.4%) | −$347 (-19.3%) | $1,450 – $2,668 | 5 |
| 1BR | $2,070 | −$561 (-21.3%) | +$120 (+6.2%) | $1,959 – $2,153 | 4 |
| 2BR | $2,500 | −$195 (-7.2%) | +$5 (+0.2%) | $2,500 – $2,500 | 1 |
| 3BR | $4,000 | +$500 (+14.3%) | +$550 (+15.9%) | $4,000 – $4,200 | 5 |
| 4BR | $3,850 | $0 (0.0%) | — | $3,850 – $3,913 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
ZIP 91016 vs. Los Angeles — December 2023
| Bedrooms | ZIP 91016 Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,750 | −$300 (-17.1%) |
| 1BR | $2,070 | $2,129 | −$59 (-2.8%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 3BR | $4,000 | $3,923 | +$78 (+2.0%) |
| 4BR | $3,850 | $4,750 | −$900 (-18.9%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.