Monthly Rent Report
Encino Rent Report — August 2024
Asking rents in ZIP 91316, Los Angeles, from 13 listings.
Median 1BR rent in Encino was $2,095 in August 2024, up 5.0% (+$100) from July 2024 and up 7.0% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,095. That puts Encino in line with the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 13 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | +$489 (+38.8%) | +$55 (+3.2%) | $1,750 – $1,750 | 1 |
| 1BR | $2,095 | +$100 (+5.0%) | +$138 (+7.0%) | $2,095 – $2,095 | 1 |
| 2BR | $2,200 | −$595 (-21.3%) | −$2,700 (-55.1%) | $2,200 – $2,200 | 1 |
| 2BR | $2,500 | −$295 (-10.6%) | −$2,400 (-49.0%) | $2,500 – $2,500 | 1 |
| 3BR | $3,750 | +$3 (+0.1%) | +$300 (+8.7%) | $3,750 – $3,750 | 1 |
| 4BR | $4,900 | −$400 (-7.5%) | −$100 (-2.0%) | $4,900 – $4,900 | 1 |
| 4BR | $5,995 | +$695 (+13.1%) | +$995 (+19.9%) | $5,995 – $5,995 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Encino vs. Los Angeles — August 2024
| Bedrooms | Encino Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,750 | $0 (0.0%) |
| 1BR | $2,095 | $2,095 | $0 (0.0%) |
| 2BR | $2,200 | $2,795 | −$595 (-21.3%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 3BR | $3,750 | $4,000 | −$250 (-6.3%) |
| 4BR | $4,900 | $4,895 | +$5 (+0.1%) |
| 4BR | $5,995 | $4,895 | +$1,100 (+22.5%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.