Monthly Rent Report
ZIP 91016 Rent Report — July 2024
Asking rents in ZIP 91016, Los Angeles, from 391 listings.
Median 1BR rent in ZIP 91016 was $2,765 in July 2024, down 2.1% (−$60) from June 2024 and up 2.6% year-over-year. The middle half of 1BR listings asked between $2,690 and $2,836. That puts ZIP 91016 $670 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 391 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,668 | $0 (0.0%) | −$20 (-0.8%) | $2,520 – $2,668 | 41 |
| 1BR | $2,765 | −$60 (-2.1%) | +$70 (+2.6%) | $2,690 – $2,836 | 163 |
| 2BR | $3,493 | $0 (0.0%) | +$573 (+19.6%) | $3,425 – $3,640 | 151 |
| 3BR | $4,898 | −$52 (-1.1%) | +$403 (+9.0%) | $3,150 – $4,950 | 34 |
| 4BR | $3,950 | $0 (0.0%) | −$45 (-1.1%) | $3,950 – $3,950 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
ZIP 91016 vs. Los Angeles — July 2024
| Bedrooms | ZIP 91016 Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,668 | $1,778 | +$890 (+50.0%) |
| 1BR | $2,765 | $2,095 | +$670 (+32.0%) |
| 2BR | $3,493 | $2,835 | +$658 (+23.2%) |
| 3BR | $4,898 | $3,900 | +$998 (+25.6%) |
| 4BR | $3,950 | $5,270 | −$1,320 (-25.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.