Monthly Rent Report
Encino Rent Report — March 2023
Asking rents in ZIP 91316, Los Angeles, from 313 listings.
Median 1BR rent in Encino was $1,984 in March 2023, down 5.4% (−$113) from February 2023 and up 4.7% year-over-year. The middle half of 1BR listings asked between $1,855 and $2,040. That puts Encino $113 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 313 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,200 | +$200 (+10.0%) | +$325 (+17.3%) | $2,200 – $2,200 | 1 |
| Studio | $1,625 | −$375 (-18.8%) | −$250 (-13.3%) | $1,495 – $1,900 | 15 |
| 1BR | $1,984 | −$113 (-5.4%) | +$89 (+4.7%) | $1,855 – $2,040 | 3 |
| 1BR | $2,095 | −$2 (-0.1%) | +$200 (+10.6%) | $1,898 – $2,198 | 91 |
| 2BR | $3,248 | −$900 (-21.7%) | +$553 (+20.5%) | $3,221 – $3,274 | 2 |
| 2BR | $2,750 | −$1,397 (-33.7%) | +$55 (+2.0%) | $2,595 – $3,097 | 111 |
| 3BR | $3,987 | −$13 (-0.3%) | −$1,003 (-20.1%) | $3,598 – $4,025 | 35 |
| 3BR | $4,450 | +$450 (+11.3%) | −$540 (-10.8%) | $4,450 – $4,450 | 1 |
| 4BR | $13,750 | +$3,850 (+38.9%) | +$7,155 (+108.5%) | $7,249 – $15,625 | 14 |
| 4BR | $5,500 | −$4,400 (-44.4%) | −$1,095 (-16.6%) | $5,250 – $15,250 | 7 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Encino vs. Los Angeles — March 2023
| Bedrooms | Encino Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,200 | $1,745 | +$455 (+26.1%) |
| Studio | $1,625 | $1,745 | −$120 (-6.9%) |
| 1BR | $1,984 | $2,097 | −$113 (-5.4%) |
| 1BR | $2,095 | $2,097 | −$2 (-0.1%) |
| 2BR | $3,248 | $2,750 | +$498 (+18.1%) |
| 2BR | $2,750 | $2,750 | $0 (0.0%) |
| 3BR | $3,987 | $3,923 | +$65 (+1.6%) |
| 3BR | $4,450 | $3,923 | +$528 (+13.4%) |
| 4BR | $13,750 | $4,760 | +$8,990 (+188.9%) |
| 4BR | $5,500 | $4,760 | +$740 (+15.5%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.