Monthly Rent Report
ZIP 91016 Rent Report — May 2024
Asking rents in ZIP 91016, Los Angeles, from 643 listings.
Median 1BR rent in ZIP 91016 was $2,836 in May 2024, up 0.0% (+$1) from April 2024 and up 34.3% year-over-year. The middle half of 1BR listings asked between $2,785 and $3,040. That puts ZIP 91016 $741 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 643 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,668 | $0 (0.0%) | +$436 (+19.5%) | $2,668 – $2,668 | 71 |
| 1BR | $2,836 | +$1 (+0.0%) | +$725 (+34.3%) | $2,785 – $3,040 | 258 |
| 2BR | $3,493 | +$493 (+16.4%) | +$698 (+25.0%) | $2,995 – $3,975 | 239 |
| 3BR | $4,950 | +$450 (+10.0%) | +$1,700 (+52.3%) | $3,800 – $5,330 | 61 |
| 4BR | $4,800 | +$650 (+15.7%) | +$650 (+15.7%) | $4,000 – $5,800 | 13 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
ZIP 91016 vs. Los Angeles — May 2024
| Bedrooms | ZIP 91016 Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,668 | $1,795 | +$873 (+48.6%) |
| 1BR | $2,836 | $2,095 | +$741 (+35.4%) |
| 2BR | $3,493 | $2,850 | +$643 (+22.6%) |
| 3BR | $4,950 | $3,969 | +$982 (+24.7%) |
| 4BR | $4,800 | $5,175 | −$375 (-7.2%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.