Monthly Rent Report
Canoga Park Rent Report — May 2024
Asking rents in ZIP 91304, Los Angeles, from 546 listings.
Median 1BR rent in Canoga Park was $1,940 in May 2024, up 2.6% (+$50) from April 2024 and up 3.5% year-over-year. The middle half of 1BR listings asked between $1,821 and $2,050. That puts Canoga Park $155 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 546 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$200 (-11.8%) | −$318 (-17.5%) | $1,298 – $1,538 | 3 |
| Studio | $1,700 | $0 (0.0%) | −$118 (-6.5%) | $1,605 – $1,815 | 36 |
| Studio | $1,675 | −$25 (-1.5%) | −$143 (-7.9%) | $1,512 – $1,837 | 2 |
| 1BR | $1,940 | +$50 (+2.6%) | +$65 (+3.5%) | $1,821 – $2,050 | 96 |
| 1BR | $1,625 | −$265 (-14.0%) | −$250 (-13.3%) | $1,625 – $1,625 | 1 |
| 1BR | $2,250 | +$360 (+19.0%) | +$375 (+20.0%) | $1,795 – $2,250 | 37 |
| 2BR | $2,615 | $0 (0.0%) | −$10 (-0.4%) | $2,425 – $2,615 | 45 |
| 2BR | $2,639 | +$24 (+0.9%) | +$14 (+0.5%) | $2,445 – $2,923 | 137 |
| 2BR | $2,373 | −$242 (-9.3%) | −$252 (-9.6%) | $2,334 – $2,411 | 2 |
| 3BR | $3,150 | −$845 (-21.2%) | −$300 (-8.7%) | $2,845 – $3,150 | 49 |
| 3BR | $3,450 | −$545 (-13.6%) | $0 (0.0%) | $3,450 – $3,943 | 74 |
| 3BR | $2,995 | −$1,000 (-25.0%) | −$455 (-13.2%) | $2,995 – $2,995 | 1 |
| 4BR | $5,500 | +$51 (+0.9%) | +$1,105 (+25.1%) | $4,500 – $6,195 | 26 |
| 4BR | $5,550 | +$101 (+1.9%) | +$1,155 (+26.3%) | $5,550 – $5,550 | 1 |
| 4BR | $5,873 | +$424 (+7.8%) | +$1,478 (+33.6%) | $4,924 – $6,950 | 14 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Canoga Park vs. Los Angeles — May 2024
| Bedrooms | Canoga Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,795 | −$295 (-16.4%) |
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| Studio | $1,675 | $1,795 | −$120 (-6.7%) |
| 1BR | $1,940 | $2,095 | −$155 (-7.4%) |
| 1BR | $1,625 | $2,095 | −$470 (-22.4%) |
| 1BR | $2,250 | $2,095 | +$155 (+7.4%) |
| 2BR | $2,615 | $2,850 | −$235 (-8.2%) |
| 2BR | $2,639 | $2,850 | −$211 (-7.4%) |
| 2BR | $2,373 | $2,850 | −$477 (-16.8%) |
| 3BR | $3,150 | $3,969 | −$818 (-20.6%) |
| 3BR | $3,450 | $3,969 | −$518 (-13.1%) |
| 3BR | $2,995 | $3,969 | −$973 (-24.5%) |
| 4BR | $5,500 | $5,175 | +$325 (+6.3%) |
| 4BR | $5,550 | $5,175 | +$375 (+7.2%) |
| 4BR | $5,873 | $5,175 | +$698 (+13.5%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.