Monthly Rent Report
Mid-Wilshire Rent Report — May 2023
Asking rents in ZIP 90036, Los Angeles, from 515 listings.
Median 1BR rent in Mid-Wilshire was $2,045 in May 2023, down 4.9% (−$105) from April 2023 and down 18.0% year-over-year. The middle half of 1BR listings asked between $1,970 and $2,120. That puts Mid-Wilshire $77 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 515 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | −$85 (-4.3%) | +$300 (+18.8%) | $1,645 – $2,459 | 53 |
| Studio | $1,445 | −$535 (-27.0%) | −$150 (-9.4%) | $1,420 – $1,470 | 2 |
| 1BR | $2,045 | −$105 (-4.9%) | −$450 (-18.0%) | $1,970 – $2,120 | 2 |
| 1BR | $2,815 | +$665 (+30.9%) | +$320 (+12.8%) | $2,395 – $3,350 | 193 |
| 2BR | $3,525 | −$353 (-9.1%) | −$725 (-17.1%) | $3,325 – $3,899 | 4 |
| 2BR | $4,038 | +$160 (+4.1%) | −$212 (-5.0%) | $3,396 – $4,834 | 190 |
| 3BR | $6,835 | +$635 (+10.2%) | +$1,035 (+17.8%) | $6,425 – $7,500 | 46 |
| 3BR | $6,800 | +$600 (+9.7%) | +$1,000 (+17.2%) | $6,800 – $6,800 | 1 |
| 4BR | $8,500 | −$2,250 (-20.9%) | −$5,995 (-41.4%) | $8,500 – $8,500 | 1 |
| 4BR | $8,500 | −$2,250 (-20.9%) | −$5,995 (-41.4%) | $6,950 – $11,500 | 12 |
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 | $1,895 | $1,750 | +$145 (+8.3%) |
| Studio | $1,445 | $1,750 | −$305 (-17.4%) |
| 1BR | $2,045 | $2,122 | −$77 (-3.6%) |
| 1BR | $2,815 | $2,122 | +$693 (+32.7%) |
| 2BR | $3,525 | $2,780 | +$745 (+26.8%) |
| 2BR | $4,038 | $2,780 | +$1,258 (+45.2%) |
| 3BR | $6,835 | $3,943 | +$2,893 (+73.4%) |
| 3BR | $6,800 | $3,943 | +$2,858 (+72.5%) |
| 4BR | $8,500 | $5,000 | +$3,500 (+70.0%) |
| 4BR | $8,500 | $5,000 | +$3,500 (+70.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.