Monthly Rent Report
Encino Rent Report — February 2024
Asking rents in ZIP 91316, Los Angeles, from 435 listings.
Median 1BR rent in Encino was $1,825 in February 2024, down 12.9% (−$270) from January 2024 and up 10.9% year-over-year. The middle half of 1BR listings asked between $1,775 and $1,875. That puts Encino $370 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 435 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | $0 (0.0%) | −$200 (-10.5%) | $1,669 – $2,276 | 27 |
| Studio | $2,400 | +$700 (+41.2%) | +$500 (+26.3%) | $2,199 – $2,400 | 4 |
| 1BR | $1,825 | −$270 (-12.9%) | +$180 (+10.9%) | $1,775 – $1,875 | 2 |
| 1BR | $2,050 | −$45 (-2.1%) | +$405 (+24.6%) | $1,927 – $2,450 | 102 |
| 2BR | $2,800 | +$205 (+7.9%) | −$1,347 (-32.5%) | $2,595 – $3,125 | 159 |
| 2BR | $2,335 | −$260 (-10.0%) | −$1,812 (-43.7%) | $2,250 – $2,446 | 4 |
| 3BR | $3,295 | −$104 (-3.1%) | −$1,005 (-23.4%) | $3,295 – $3,295 | 1 |
| 3BR | $4,500 | +$1,101 (+32.4%) | +$200 (+4.7%) | $3,571 – $5,300 | 78 |
| 4BR | $5,800 | −$1,200 (-17.1%) | +$450 (+8.4%) | $5,800 – $5,800 | 1 |
| 4BR | $5,999 | −$1,001 (-14.3%) | +$649 (+12.1%) | $5,450 – $7,500 | 35 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Encino vs. Los Angeles — February 2024
| Bedrooms | Encino Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,750 | −$49 (-2.8%) |
| Studio | $2,400 | $1,750 | +$651 (+37.2%) |
| 1BR | $1,825 | $2,195 | −$370 (-16.9%) |
| 1BR | $2,050 | $2,195 | −$145 (-6.6%) |
| 2BR | $2,800 | $2,850 | −$50 (-1.8%) |
| 2BR | $2,335 | $2,850 | −$515 (-18.1%) |
| 3BR | $3,295 | $3,995 | −$700 (-17.5%) |
| 3BR | $4,500 | $3,995 | +$505 (+12.6%) |
| 4BR | $5,800 | $5,000 | +$800 (+16.0%) |
| 4BR | $5,999 | $5,000 | +$999 (+20.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.