Monthly Rent Report
Highland Park Rent Report — May 2024
Asking rents in ZIP 90042, Los Angeles, from 296 listings.
Median 1BR rent in Highland Park was $2,250 in May 2024, up 12.5% (+$250) from April 2024 and up 2.5% year-over-year. The middle half of 1BR listings asked between $2,025 and $2,475. That puts Highland Park $155 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 296 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | −$105 (-5.8%) | $0 (0.0%) | $1,695 – $1,695 | 1 |
| Studio | $1,686 | −$114 (-6.3%) | −$9 (-0.5%) | $1,500 – $1,957 | 64 |
| 1BR | $2,250 | +$250 (+12.5%) | +$55 (+2.5%) | $2,025 – $2,475 | 2 |
| 1BR | $2,350 | +$350 (+17.5%) | +$155 (+7.1%) | $2,350 – $2,350 | 5 |
| 1BR | $2,095 | +$95 (+4.8%) | −$100 (-4.6%) | $1,850 – $2,295 | 147 |
| 2BR | $2,695 | −$5 (-0.2%) | −$80 (-2.9%) | $2,695 – $3,098 | 3 |
| 2BR | $2,400 | −$300 (-11.1%) | −$375 (-13.5%) | $2,400 – $2,400 | 1 |
| 2BR | $2,295 | −$405 (-15.0%) | −$480 (-17.3%) | $2,295 – $2,295 | 2 |
| 3BR | $3,295 | +$95 (+3.0%) | −$3,700 (-52.9%) | $3,295 – $3,295 | 1 |
| 3BR | $3,995 | +$795 (+24.8%) | −$3,000 (-42.9%) | $3,425 – $5,500 | 59 |
| 4BR | $4,400 | −$1,200 (-21.4%) | +$701 (+19.0%) | $4,250 – $5,600 | 6 |
| 4BR | $3,300 | −$2,300 (-41.1%) | −$399 (-10.8%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Highland Park vs. Los Angeles — May 2024
| Bedrooms | Highland Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,795 | −$100 (-5.6%) |
| Studio | $1,686 | $1,795 | −$109 (-6.1%) |
| 1BR | $2,250 | $2,095 | +$155 (+7.4%) |
| 1BR | $2,350 | $2,095 | +$255 (+12.2%) |
| 1BR | $2,095 | $2,095 | $0 (0.0%) |
| 2BR | $2,695 | $2,850 | −$155 (-5.4%) |
| 2BR | $2,400 | $2,850 | −$450 (-15.8%) |
| 2BR | $2,295 | $2,850 | −$555 (-19.5%) |
| 3BR | $3,295 | $3,969 | −$673 (-17.0%) |
| 3BR | $3,995 | $3,969 | +$27 (+0.7%) |
| 4BR | $4,400 | $5,175 | −$775 (-15.0%) |
| 4BR | $3,300 | $5,175 | −$1,875 (-36.2%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.