Monthly Rent Report
ZIP 91016 Rent Report — March 2024
Asking rents in ZIP 91016, Los Angeles, from 348 listings.
Median 1BR rent in ZIP 91016 was $2,785 in March 2024, up 18.3% (+$431) from February 2024 and up 42.8% year-over-year. The middle half of 1BR listings asked between $2,275 and $2,826. That puts ZIP 91016 $640 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 348 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,668 | +$918 (+52.5%) | +$468 (+21.3%) | $2,668 – $2,668 | 42 |
| 1BR | $2,785 | +$431 (+18.3%) | +$835 (+42.8%) | $2,275 – $2,826 | 126 |
| 2BR | $3,326 | +$726 (+27.9%) | +$776 (+30.4%) | $2,500 – $3,493 | 130 |
| 3BR | $3,800 | +$205 (+5.7%) | +$700 (+22.6%) | $3,500 – $4,200 | 37 |
| 4BR | $3,800 | +$300 (+8.6%) | −$400 (-9.5%) | $3,250 – $4,000 | 13 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
ZIP 91016 vs. Los Angeles — March 2024
| Bedrooms | ZIP 91016 Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,668 | $1,723 | +$946 (+54.9%) |
| 1BR | $2,785 | $2,145 | +$640 (+29.8%) |
| 2BR | $3,326 | $2,850 | +$476 (+16.7%) |
| 3BR | $3,800 | $3,762 | +$38 (+1.0%) |
| 4BR | $3,800 | $4,950 | −$1,150 (-23.2%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.