Monthly Rent Report
Northridge Rent Report — August 2023
Asking rents in ZIP 91324, Los Angeles, from 42 listings.
Median 1BR rent in Northridge was $1,750 in August 2023, up 1.4% (+$25) from July 2023 and down 31.5% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts Northridge $350 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 42 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,575 | +$80 (+5.4%) | −$405 (-20.5%) | $1,575 – $1,575 | 1 |
| Studio | $2,135 | +$640 (+42.8%) | +$155 (+7.8%) | $1,778 – $2,279 | 6 |
| 1BR | $1,750 | +$25 (+1.4%) | −$805 (-31.5%) | $1,750 – $1,750 | 1 |
| 1BR | $1,895 | +$170 (+9.9%) | −$660 (-25.8%) | $1,895 – $1,895 | 8 |
| 2BR | $2,295 | −$790 (-25.6%) | +$1,095 (+91.3%) | $2,295 – $2,295 | 4 |
| 2BR | $2,500 | −$585 (-19.0%) | +$1,300 (+108.3%) | $2,500 – $2,500 | 1 |
| 3BR | $4,861 | +$1,536 (+46.2%) | +$1,066 (+28.1%) | $3,692 – $4,978 | 6 |
| 3BR | $4,048 | +$723 (+21.7%) | +$253 (+6.7%) | $3,821 – $4,274 | 2 |
| 4BR | $5,999 | +$2,049 (+51.9%) | +$1,204 (+25.1%) | $5,999 – $5,999 | 1 |
| 4BR | $5,499 | +$1,549 (+39.2%) | +$704 (+14.7%) | $5,499 – $5,499 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Northridge vs. Los Angeles — August 2023
| Bedrooms | Northridge Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,575 | $1,775 | −$200 (-11.3%) |
| Studio | $2,135 | $1,775 | +$360 (+20.3%) |
| 1BR | $1,750 | $2,100 | −$350 (-16.7%) |
| 1BR | $1,895 | $2,100 | −$205 (-9.8%) |
| 2BR | $2,295 | $2,895 | −$600 (-20.7%) |
| 2BR | $2,500 | $2,895 | −$395 (-13.6%) |
| 3BR | $4,861 | $3,897 | +$963 (+24.7%) |
| 3BR | $4,048 | $3,897 | +$150 (+3.9%) |
| 4BR | $5,999 | $5,163 | +$837 (+16.2%) |
| 4BR | $5,499 | $5,163 | +$337 (+6.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.