Monthly Rent Report
Encino Rent Report — December 2023
Asking rents in ZIP 91316, Los Angeles, from 36 listings.
Median 1BR rent in Encino was $1,640 in December 2023, down 8.9% (−$160) from November 2023 and down 25.5% year-over-year. The middle half of 1BR listings asked between $1,640 and $1,640. That puts Encino $489 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 36 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$75 (-4.3%) | −$95 (-5.4%) | $1,650 – $1,650 | 1 |
| Studio | $1,650 | −$75 (-4.3%) | −$95 (-5.4%) | $1,650 – $1,650 | 1 |
| 1BR | $1,640 | −$160 (-8.9%) | −$560 (-25.5%) | $1,640 – $1,640 | 1 |
| 1BR | $1,900 | +$100 (+5.6%) | −$300 (-13.6%) | $1,850 – $2,200 | 3 |
| 2BR | $2,595 | −$1,955 (-43.0%) | −$229 (-8.1%) | $2,595 – $2,595 | 1 |
| 2BR | $2,735 | −$1,815 (-39.9%) | −$89 (-3.2%) | $2,735 – $2,748 | 3 |
| 3BR | $3,460 | −$3,040 (-46.8%) | −$4,490 (-56.5%) | $3,460 – $3,460 | 1 |
| 3BR | $4,650 | −$1,850 (-28.5%) | −$3,300 (-41.5%) | $4,500 – $5,075 | 4 |
| 4BR | $7,500 | +$250 (+3.4%) | +$2,000 (+36.4%) | $7,500 – $10,125 | 4 |
| 4BR | $4,698 | −$2,552 (-35.2%) | −$802 (-14.6%) | $4,246 – $5,149 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Encino vs. Los Angeles — December 2023
| Bedrooms | Encino Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,750 | −$100 (-5.7%) |
| Studio | $1,650 | $1,750 | −$100 (-5.7%) |
| 1BR | $1,640 | $2,129 | −$489 (-23.0%) |
| 1BR | $1,900 | $2,129 | −$229 (-10.8%) |
| 2BR | $2,595 | $2,795 | −$200 (-7.2%) |
| 2BR | $2,735 | $2,795 | −$60 (-2.1%) |
| 3BR | $3,460 | $3,923 | −$462 (-11.8%) |
| 3BR | $4,650 | $3,923 | +$728 (+18.5%) |
| 4BR | $7,500 | $4,750 | +$2,750 (+57.9%) |
| 4BR | $4,698 | $4,750 | −$52 (-1.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.