Monthly Rent Report
Northridge Rent Report — September 2023
Asking rents in ZIP 91324, Los Angeles, from 62 listings.
Median 1BR rent in Northridge was $1,695 in September 2023, down 10.6% (−$200) from August 2023 and down 5.6% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Northridge $305 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 62 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,233 | +$658 (+41.7%) | +$178 (+8.6%) | $2,136 – $2,290 | 4 |
| Studio | $1,495 | −$80 (-5.1%) | −$560 (-27.3%) | $1,495 – $1,495 | 1 |
| 1BR | $1,695 | −$200 (-10.6%) | −$100 (-5.6%) | $1,695 – $1,695 | 1 |
| 1BR | $2,435 | +$540 (+28.5%) | +$640 (+35.7%) | $2,366 – $2,523 | 20 |
| 2BR | $2,395 | +$100 (+4.4%) | −$600 (-20.0%) | $2,395 – $2,395 | 8 |
| 2BR | $2,395 | +$100 (+4.4%) | −$600 (-20.0%) | $2,395 – $2,395 | 1 |
| 3BR | $3,800 | −$247 (-6.1%) | +$265 (+7.5%) | $3,800 – $3,800 | 1 |
| 3BR | $3,896 | −$151 (-3.7%) | +$361 (+10.2%) | $3,325 – $4,448 | 13 |
| 4BR | $5,500 | −$499 (-8.3%) | +$1,000 (+22.2%) | $5,248 – $6,650 | 7 |
| 4BR | $7,500 | +$1,501 (+25.0%) | +$3,000 (+66.7%) | $6,850 – $8,000 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Northridge vs. Los Angeles — September 2023
| Bedrooms | Northridge Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,233 | $1,795 | +$438 (+24.4%) |
| Studio | $1,495 | $1,795 | −$300 (-16.7%) |
| 1BR | $1,695 | $2,000 | −$305 (-15.3%) |
| 1BR | $2,435 | $2,000 | +$435 (+21.8%) |
| 2BR | $2,395 | $2,750 | −$355 (-12.9%) |
| 2BR | $2,395 | $2,750 | −$355 (-12.9%) |
| 3BR | $3,800 | $3,948 | −$147 (-3.7%) |
| 3BR | $3,896 | $3,948 | −$51 (-1.3%) |
| 4BR | $5,500 | $5,000 | +$500 (+10.0%) |
| 4BR | $7,500 | $5,000 | +$2,500 (+50.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.