Monthly Rent Report
Northridge Rent Report — July 2023
Asking rents in ZIP 91324, Los Angeles, from 73 listings.
Median 1BR rent in Northridge was $2,477 in July 2023, up 43.6% (+$752) from June 2023 and up 1.5% year-over-year. The middle half of 1BR listings asked between $2,325 and $2,525. That puts Northridge $352 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 73 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$725 (-32.7%) | −$884 (-37.2%) | $1,495 – $1,495 | 1 |
| Studio | $1,795 | −$425 (-19.1%) | −$584 (-24.5%) | $1,595 – $2,135 | 5 |
| 1BR | $2,477 | +$752 (+43.6%) | +$37 (+1.5%) | $2,325 – $2,525 | 17 |
| 1BR | $1,725 | $0 (0.0%) | −$715 (-29.3%) | $1,725 – $1,738 | 3 |
| 2BR | $6,500 | +$3,523 (+118.3%) | +$3,380 (+108.3%) | $6,500 – $6,500 | 1 |
| 2BR | $3,085 | +$108 (+3.6%) | −$35 (-1.1%) | $2,855 – $3,262 | 19 |
| 3BR | $3,300 | −$25 (-0.8%) | −$900 (-21.4%) | $3,300 – $3,300 | 1 |
| 3BR | $3,325 | $0 (0.0%) | −$875 (-20.8%) | $3,325 – $3,750 | 17 |
| 4BR | $4,500 | $0 (0.0%) | −$600 (-11.8%) | $4,495 – $5,250 | 5 |
| 4BR | $3,950 | −$550 (-12.2%) | −$1,150 (-22.5%) | $3,950 – $3,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Northridge vs. Los Angeles — July 2023
| Bedrooms | Northridge Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,800 | −$305 (-16.9%) |
| Studio | $1,795 | $1,800 | −$5 (-0.3%) |
| 1BR | $2,477 | $2,125 | +$352 (+16.6%) |
| 1BR | $1,725 | $2,125 | −$400 (-18.8%) |
| 2BR | $6,500 | $2,873 | +$3,627 (+126.2%) |
| 2BR | $3,085 | $2,873 | +$212 (+7.4%) |
| 3BR | $3,300 | $3,836 | −$536 (-14.0%) |
| 3BR | $3,325 | $3,836 | −$511 (-13.3%) |
| 4BR | $4,500 | $4,572 | −$72 (-1.6%) |
| 4BR | $3,950 | $4,572 | −$622 (-13.6%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.