Monthly Rent Report
Encino Rent Report — May 2024
Asking rents in ZIP 91316, Los Angeles, from 420 listings.
Median 1BR rent in Encino was $2,050 in May 2024, down 2.1% (−$45) from April 2024 and up 24.4% year-over-year. The middle half of 1BR listings asked between $1,895 and $2,195. That puts Encino $45 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 420 listings across 19 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,875 | −$25 (-1.3%) | +$80 (+4.5%) | $1,875 – $1,875 | 1 |
| Studio | $1,863 | −$37 (-2.0%) | +$68 (+3.8%) | $1,700 – $1,938 | 26 |
| Studio | $1,875 | −$25 (-1.3%) | +$80 (+4.5%) | $1,875 – $1,875 | 1 |
| 1BR | $2,050 | −$45 (-2.1%) | +$403 (+24.4%) | $1,895 – $2,195 | 13 |
| 1BR | $1,950 | −$145 (-6.9%) | +$303 (+18.4%) | $1,950 – $1,950 | 1 |
| 1BR | $2,000 | −$95 (-4.5%) | +$353 (+21.4%) | $2,000 – $2,000 | 1 |
| 1BR | $2,100 | +$5 (+0.2%) | +$453 (+27.5%) | $1,955 – $2,319 | 57 |
| 2BR | $2,825 | +$75 (+2.7%) | +$75 (+2.7%) | $2,595 – $3,285 | 144 |
| 2BR | $2,750 | $0 (0.0%) | $0 (0.0%) | $2,520 – $3,500 | 21 |
| 2BR | $3,250 | +$500 (+18.2%) | +$500 (+18.2%) | $3,250 – $3,250 | 1 |
| 3BR | $3,150 | −$1,350 (-30.0%) | −$875 (-21.7%) | $3,150 – $3,150 | 1 |
| 3BR | $5,800 | +$1,300 (+28.9%) | +$1,775 (+44.1%) | $4,000 – $5,995 | 13 |
| 3BR | $4,500 | $0 (0.0%) | +$475 (+11.8%) | $3,490 – $5,965 | 59 |
| 4BR | $6,300 | −$150 (-2.3%) | +$1,300 (+26.0%) | $5,750 – $7,000 | 43 |
| 4BR | $6,000 | −$450 (-7.0%) | +$1,000 (+20.0%) | $6,000 – $6,000 | 1 |
| 4BR | $6,398 | −$52 (-0.8%) | +$1,398 (+28.0%) | $5,996 – $6,613 | 14 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Encino vs. Los Angeles — May 2024
| Bedrooms | Encino Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,875 | $1,795 | +$80 (+4.5%) |
| Studio | $1,863 | $1,795 | +$68 (+3.8%) |
| Studio | $1,875 | $1,795 | +$80 (+4.5%) |
| 1BR | $2,050 | $2,095 | −$45 (-2.1%) |
| 1BR | $1,950 | $2,095 | −$145 (-6.9%) |
| 1BR | $2,000 | $2,095 | −$95 (-4.5%) |
| 1BR | $2,100 | $2,095 | +$5 (+0.2%) |
| 2BR | $2,825 | $2,850 | −$25 (-0.9%) |
| 2BR | $2,750 | $2,850 | −$100 (-3.5%) |
| 2BR | $3,250 | $2,850 | +$400 (+14.0%) |
| 3BR | $3,150 | $3,969 | −$818 (-20.6%) |
| 3BR | $5,800 | $3,969 | +$1,832 (+46.2%) |
| 3BR | $4,500 | $3,969 | +$532 (+13.4%) |
| 4BR | $6,300 | $5,175 | +$1,125 (+21.7%) |
| 4BR | $6,000 | $5,175 | +$825 (+15.9%) |
| 4BR | $6,398 | $5,175 | +$1,223 (+23.6%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.