Monthly Rent Report
Northridge Rent Report — May 2024
Asking rents in ZIP 91324, Los Angeles, from 387 listings.
Median 1BR rent in Northridge was $1,795 in May 2024, down 22.7% (−$526) from April 2024 and up 2.6% year-over-year. The middle half of 1BR listings asked between $1,645 and $1,798. That puts Northridge $300 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 387 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,833 | −$262 (-12.5%) | −$482 (-20.8%) | $1,616 – $2,086 | 26 |
| Studio | $1,495 | −$600 (-28.6%) | −$820 (-35.4%) | $1,495 – $1,495 | 1 |
| Studio | $1,875 | −$220 (-10.5%) | −$440 (-19.0%) | $1,613 – $2,100 | 6 |
| 1BR | $1,795 | −$526 (-22.7%) | +$45 (+2.6%) | $1,645 – $1,798 | 15 |
| 1BR | $2,410 | +$89 (+3.8%) | +$660 (+37.7%) | $2,100 – $2,582 | 115 |
| 1BR | $1,200 | −$1,121 (-48.3%) | −$550 (-31.4%) | $1,200 – $1,200 | 1 |
| 2BR | $3,138 | +$3 (+0.1%) | −$3,362 (-51.7%) | $3,017 – $3,284 | 86 |
| 2BR | $1,850 | −$1,285 (-41.0%) | −$4,650 (-71.5%) | $1,850 – $1,850 | 1 |
| 2BR | $2,395 | −$740 (-23.6%) | −$4,105 (-63.2%) | $2,345 – $3,348 | 7 |
| 3BR | $3,800 | +$28 (+0.7%) | +$400 (+11.8%) | $3,611 – $4,016 | 10 |
| 3BR | $4,275 | +$503 (+13.3%) | +$875 (+25.7%) | $3,913 – $4,638 | 2 |
| 3BR | $4,127 | +$355 (+9.4%) | +$727 (+21.4%) | $3,630 – $4,542 | 84 |
| 4BR | $4,950 | +$655 (+15.3%) | −$745 (-13.1%) | $4,950 – $4,950 | 1 |
| 4BR | $4,600 | +$305 (+7.1%) | −$1,095 (-19.2%) | $4,599 – $5,013 | 28 |
| 4BR | $4,200 | −$95 (-2.2%) | −$1,495 (-26.3%) | $4,000 – $4,850 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Northridge vs. Los Angeles — May 2024
| Bedrooms | Northridge Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,833 | $1,795 | +$38 (+2.1%) |
| Studio | $1,495 | $1,795 | −$300 (-16.7%) |
| Studio | $1,875 | $1,795 | +$80 (+4.5%) |
| 1BR | $1,795 | $2,095 | −$300 (-14.3%) |
| 1BR | $2,410 | $2,095 | +$315 (+15.0%) |
| 1BR | $1,200 | $2,095 | −$895 (-42.7%) |
| 2BR | $3,138 | $2,850 | +$288 (+10.1%) |
| 2BR | $1,850 | $2,850 | −$1,000 (-35.1%) |
| 2BR | $2,395 | $2,850 | −$455 (-16.0%) |
| 3BR | $3,800 | $3,969 | −$168 (-4.2%) |
| 3BR | $4,275 | $3,969 | +$307 (+7.7%) |
| 3BR | $4,127 | $3,969 | +$159 (+4.0%) |
| 4BR | $4,950 | $5,175 | −$225 (-4.3%) |
| 4BR | $4,600 | $5,175 | −$575 (-11.1%) |
| 4BR | $4,200 | $5,175 | −$975 (-18.8%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.