Monthly Rent Report
Highland Park Rent Report — March 2024
Asking rents in ZIP 90042, Los Angeles, from 284 listings.
Median 1BR rent in Highland Park was $1,860 in March 2024, down 15.4% (−$337) from February 2024 and down 15.5% year-over-year. The middle half of 1BR listings asked between $1,843 and $1,878. That puts Highland Park $285 below the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 284 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | +$195 (+13.0%) | −$100 (-5.6%) | $1,595 – $1,800 | 17 |
| Studio | $1,800 | +$300 (+20.0%) | +$5 (+0.3%) | $1,800 – $1,800 | 2 |
| 1BR | $1,860 | −$337 (-15.4%) | −$340 (-15.5%) | $1,843 – $1,878 | 2 |
| 1BR | $2,200 | +$3 (+0.1%) | $0 (0.0%) | $2,048 – $2,248 | 3 |
| 1BR | $2,180 | −$17 (-0.8%) | −$20 (-0.9%) | $1,995 – $2,284 | 74 |
| 2BR | $2,800 | −$50 (-1.8%) | +$50 (+1.8%) | $2,713 – $2,800 | 14 |
| 2BR | $2,900 | +$50 (+1.8%) | +$150 (+5.5%) | $2,465 – $3,195 | 107 |
| 2BR | $3,275 | +$425 (+14.9%) | +$525 (+19.1%) | $2,850 – $3,713 | 4 |
| 3BR | $3,995 | +$195 (+5.1%) | +$50 (+1.3%) | $3,799 – $5,795 | 33 |
| 3BR | $3,248 | −$552 (-14.5%) | −$697 (-17.7%) | $3,224 – $3,271 | 2 |
| 4BR | $6,248 | +$748 (+13.6%) | +$1,999 (+47.0%) | $5,900 – $6,999 | 12 |
| 4BR | $6,800 | +$1,300 (+23.6%) | +$2,551 (+60.0%) | $6,200 – $6,999 | 11 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Highland Park vs. Los Angeles — March 2024
| Bedrooms | Highland Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,723 | −$27 (-1.6%) |
| Studio | $1,800 | $1,723 | +$78 (+4.5%) |
| 1BR | $1,860 | $2,145 | −$285 (-13.3%) |
| 1BR | $2,200 | $2,145 | +$55 (+2.6%) |
| 1BR | $2,180 | $2,145 | +$35 (+1.6%) |
| 2BR | $2,800 | $2,850 | −$50 (-1.8%) |
| 2BR | $2,900 | $2,850 | +$50 (+1.8%) |
| 2BR | $3,275 | $2,850 | +$425 (+14.9%) |
| 3BR | $3,995 | $3,762 | +$233 (+6.2%) |
| 3BR | $3,248 | $3,762 | −$514 (-13.7%) |
| 4BR | $6,248 | $4,950 | +$1,298 (+26.2%) |
| 4BR | $6,800 | $4,950 | +$1,850 (+37.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.