Monthly Rent Report
Encino Rent Report — March 2024
Asking rents in ZIP 91316, Los Angeles, from 369 listings.
Median 1BR rent in Encino was $1,725 in March 2024, down 15.9% (−$325) from February 2024 and down 13.1% year-over-year. The middle half of 1BR listings asked between $1,525 and $1,725. That puts Encino $420 below the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 369 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | $0 (0.0%) | −$500 (-22.7%) | $1,625 – $2,213 | 12 |
| Studio | $1,780 | +$80 (+4.7%) | −$420 (-19.1%) | $1,780 – $1,780 | 1 |
| 1BR | $1,725 | −$325 (-15.9%) | −$259 (-13.1%) | $1,525 – $1,725 | 7 |
| 1BR | $2,100 | +$50 (+2.4%) | +$116 (+5.8%) | $2,100 – $2,100 | 1 |
| 1BR | $2,125 | +$75 (+3.7%) | +$141 (+7.1%) | $1,955 – $2,300 | 83 |
| 2BR | $2,755 | −$45 (-1.6%) | −$492 (-15.2%) | $2,562 – $3,250 | 136 |
| 2BR | $2,800 | $0 (0.0%) | −$447 (-13.8%) | $2,800 – $2,800 | 2 |
| 2BR | $2,700 | −$100 (-3.6%) | −$547 (-16.9%) | $2,700 – $2,700 | 1 |
| 2BR | $2,275 | −$525 (-18.8%) | −$972 (-29.9%) | $2,175 – $2,275 | 18 |
| 3BR | $4,500 | +$1,205 (+36.6%) | +$513 (+12.9%) | $3,900 – $5,600 | 65 |
| 3BR | $4,500 | +$1,205 (+36.6%) | +$513 (+12.9%) | $4,500 – $4,500 | 1 |
| 4BR | $6,999 | +$1,000 (+16.7%) | +$1,499 (+27.3%) | $6,999 – $6,999 | 1 |
| 4BR | $6,500 | +$501 (+8.4%) | +$1,000 (+18.2%) | $5,625 – $7,375 | 22 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Encino vs. Los Angeles — March 2024
| Bedrooms | Encino Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,723 | −$22 (-1.3%) |
| Studio | $1,780 | $1,723 | +$58 (+3.3%) |
| 1BR | $1,725 | $2,145 | −$420 (-19.6%) |
| 1BR | $2,100 | $2,145 | −$45 (-2.1%) |
| 1BR | $2,125 | $2,145 | −$20 (-0.9%) |
| 2BR | $2,755 | $2,850 | −$95 (-3.3%) |
| 2BR | $2,800 | $2,850 | −$50 (-1.8%) |
| 2BR | $2,700 | $2,850 | −$150 (-5.3%) |
| 2BR | $2,275 | $2,850 | −$575 (-20.2%) |
| 3BR | $4,500 | $3,762 | +$738 (+19.6%) |
| 3BR | $4,500 | $3,762 | +$738 (+19.6%) |
| 4BR | $6,999 | $4,950 | +$2,049 (+41.4%) |
| 4BR | $6,500 | $4,950 | +$1,550 (+31.3%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.