Monthly Rent Report
Northridge Rent Report — May 2023
Asking rents in ZIP 91324, Los Angeles, from 172 listings.
Median 1BR rent in Northridge was $2,420 in May 2023, up 0.8% (+$20) from April 2023 and up 24.1% year-over-year. The middle half of 1BR listings asked between $1,896 and $2,582. That puts Northridge $298 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 172 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,298 | +$723 (+45.9%) | +$193 (+9.2%) | $2,135 – $2,329 | 8 |
| Studio | $2,315 | +$740 (+47.0%) | +$210 (+10.0%) | $2,285 – $2,329 | 4 |
| 1BR | $2,420 | +$20 (+0.8%) | +$470 (+24.1%) | $1,896 – $2,582 | 58 |
| 1BR | $1,750 | −$650 (-27.1%) | −$200 (-10.3%) | $1,750 – $1,750 | 2 |
| 2BR | $2,870 | −$175 (-5.7%) | −$405 (-12.4%) | $2,571 – $3,218 | 44 |
| 2BR | $6,500 | +$3,455 (+113.5%) | +$3,225 (+98.5%) | $6,500 – $6,500 | 1 |
| 3BR | $3,400 | −$350 (-9.3%) | −$800 (-19.0%) | $3,400 – $3,625 | 3 |
| 3BR | $3,500 | −$250 (-6.7%) | −$700 (-16.7%) | $3,325 – $4,095 | 41 |
| 4BR | $4,350 | −$3,645 (-45.6%) | −$50 (-1.1%) | $4,000 – $6,900 | 10 |
| 4BR | $5,695 | −$2,300 (-28.8%) | +$1,295 (+29.4%) | $5,695 – $5,695 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Northridge vs. Los Angeles — May 2023
| Bedrooms | Northridge Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,298 | $1,750 | +$548 (+31.3%) |
| Studio | $2,315 | $1,750 | +$565 (+32.3%) |
| 1BR | $2,420 | $2,122 | +$298 (+14.0%) |
| 1BR | $1,750 | $2,122 | −$372 (-17.5%) |
| 2BR | $2,870 | $2,780 | +$90 (+3.2%) |
| 2BR | $6,500 | $2,780 | +$3,720 (+133.8%) |
| 3BR | $3,400 | $3,943 | −$542 (-13.8%) |
| 3BR | $3,500 | $3,943 | −$442 (-11.2%) |
| 4BR | $4,350 | $5,000 | −$650 (-13.0%) |
| 4BR | $5,695 | $5,000 | +$695 (+13.9%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.