Monthly Rent Report
Mid-Wilshire Rent Report — May 2023
Asking rents in ZIP 90035, Los Angeles, from 426 listings.
Median 1BR rent in Mid-Wilshire was $2,623 in May 2023, up 14.3% (+$328) from April 2023 and down 14.4% year-over-year. The middle half of 1BR listings asked between $2,559 and $2,686. That puts Mid-Wilshire $501 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 426 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,623 | −$77 (-4.6%) | −$77 (-4.6%) | $1,595 – $1,875 | 6 |
| Studio | $2,400 | +$700 (+41.2%) | +$700 (+41.2%) | $2,400 – $2,400 | 1 |
| 1BR | $2,623 | +$328 (+14.3%) | −$440 (-14.4%) | $2,559 – $2,686 | 2 |
| 1BR | $2,388 | +$93 (+4.0%) | −$675 (-22.0%) | $2,200 – $2,561 | 80 |
| 2BR | $3,325 | −$170 (-4.9%) | +$325 (+10.8%) | $2,950 – $4,295 | 200 |
| 2BR | $3,135 | −$360 (-10.3%) | +$135 (+4.5%) | $2,965 – $3,305 | 2 |
| 3BR | $5,100 | +$250 (+5.1%) | +$500 (+10.9%) | $4,436 – $5,725 | 100 |
| 3BR | $5,025 | +$175 (+3.6%) | +$425 (+9.2%) | $4,400 – $5,500 | 6 |
| 4BR | $8,995 | +$4,045 (+81.7%) | −$505 (-5.3%) | $6,050 – $11,995 | 18 |
| 4BR | $7,748 | +$2,798 (+56.5%) | −$1,752 (-18.4%) | $7,124 – $8,371 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Mid-Wilshire vs. Los Angeles — May 2023
| Bedrooms | Mid-Wilshire Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,623 | $1,750 | −$127 (-7.3%) |
| Studio | $2,400 | $1,750 | +$650 (+37.1%) |
| 1BR | $2,623 | $2,122 | +$501 (+23.6%) |
| 1BR | $2,388 | $2,122 | +$266 (+12.5%) |
| 2BR | $3,325 | $2,780 | +$545 (+19.6%) |
| 2BR | $3,135 | $2,780 | +$355 (+12.8%) |
| 3BR | $5,100 | $3,943 | +$1,157 (+29.3%) |
| 3BR | $5,025 | $3,943 | +$1,083 (+27.5%) |
| 4BR | $8,995 | $5,000 | +$3,995 (+79.9%) |
| 4BR | $7,748 | $5,000 | +$2,748 (+54.9%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.