Monthly Rent Report
Encino Rent Report — May 2023
Asking rents in ZIP 91316, Los Angeles, from 235 listings.
Median 1BR rent in Encino was $2,150 in May 2023, down 21.8% (−$600) from April 2023 and down 1.9% year-over-year. The middle half of 1BR listings asked between $1,920 and $2,325. That puts Encino $28 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 235 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,710 | −$185 (-9.8%) | +$120 (+7.5%) | $1,600 – $1,821 | 4 |
| Studio | $1,795 | −$100 (-5.3%) | +$205 (+12.9%) | $1,700 – $1,900 | 15 |
| 1BR | $2,150 | −$600 (-21.8%) | −$41 (-1.9%) | $1,920 – $2,325 | 59 |
| 1BR | $1,648 | −$1,102 (-40.1%) | −$544 (-24.8%) | $1,521 – $1,774 | 2 |
| 2BR | $2,379 | −$434 (-15.4%) | −$621 (-20.7%) | $2,333 – $2,424 | 2 |
| 2BR | $2,750 | −$62 (-2.2%) | −$250 (-8.3%) | $2,495 – $3,238 | 94 |
| 3BR | $3,995 | −$5 (-0.1%) | +$800 (+25.0%) | $3,995 – $3,995 | 1 |
| 3BR | $4,025 | +$25 (+0.6%) | +$830 (+26.0%) | $3,890 – $4,596 | 40 |
| 4BR | $5,195 | −$305 (-5.5%) | −$4,555 (-46.7%) | $4,825 – $5,350 | 7 |
| 4BR | $5,000 | −$500 (-9.1%) | −$4,750 (-48.7%) | $5,000 – $5,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Encino vs. Los Angeles — May 2023
| Bedrooms | Encino Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,710 | $1,750 | −$40 (-2.3%) |
| Studio | $1,795 | $1,750 | +$45 (+2.6%) |
| 1BR | $2,150 | $2,122 | +$28 (+1.3%) |
| 1BR | $1,648 | $2,122 | −$474 (-22.4%) |
| 2BR | $2,379 | $2,780 | −$401 (-14.4%) |
| 2BR | $2,750 | $2,780 | −$30 (-1.1%) |
| 3BR | $3,995 | $3,943 | +$53 (+1.3%) |
| 3BR | $4,025 | $3,943 | +$83 (+2.1%) |
| 4BR | $5,195 | $5,000 | +$195 (+3.9%) |
| 4BR | $5,000 | $5,000 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.