Monthly Rent Report
Encino Rent Report — January 2024
Asking rents in ZIP 91316, Los Angeles, from 128 listings.
Median 1BR rent in Encino was $1,615 in January 2024, down 1.5% (−$25) from December 2023 and down 26.6% year-over-year. The middle half of 1BR listings asked between $1,603 and $1,628. That puts Encino $482 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 128 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | +$50 (+3.0%) | +$449 (+35.9%) | $1,675 – $1,750 | 3 |
| Studio | $1,700 | +$50 (+3.0%) | +$449 (+35.9%) | $1,675 – $1,750 | 3 |
| 1BR | $1,615 | −$25 (-1.5%) | −$585 (-26.6%) | $1,603 – $1,628 | 2 |
| 1BR | $2,095 | +$455 (+27.7%) | −$105 (-4.8%) | $1,950 – $2,375 | 19 |
| 2BR | $2,910 | +$315 (+12.1%) | −$365 (-11.1%) | $2,595 – $3,588 | 43 |
| 2BR | $2,595 | $0 (0.0%) | −$680 (-20.8%) | $2,495 – $2,595 | 5 |
| 3BR | $5,000 | +$350 (+7.5%) | +$1,200 (+31.6%) | $4,375 – $5,436 | 32 |
| 3BR | $3,399 | −$1,251 (-26.9%) | −$401 (-10.6%) | $3,399 – $3,399 | 1 |
| 4BR | $7,000 | −$500 (-6.7%) | −$6,500 (-48.1%) | $5,999 – $8,498 | 11 |
| 4BR | $7,000 | −$500 (-6.7%) | −$6,500 (-48.1%) | $7,000 – $7,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Encino vs. Los Angeles — January 2024
| Bedrooms | Encino Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,750 | −$50 (-2.9%) |
| Studio | $1,700 | $1,750 | −$50 (-2.9%) |
| 1BR | $1,615 | $2,097 | −$481 (-23.0%) |
| 1BR | $2,095 | $2,097 | −$1 (-0.1%) |
| 2BR | $2,910 | $2,795 | +$115 (+4.1%) |
| 2BR | $2,595 | $2,795 | −$200 (-7.2%) |
| 3BR | $5,000 | $3,950 | +$1,050 (+26.6%) |
| 3BR | $3,399 | $3,950 | −$551 (-13.9%) |
| 4BR | $7,000 | $5,200 | +$1,800 (+34.6%) |
| 4BR | $7,000 | $5,200 | +$1,800 (+34.6%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.