Monthly Rent Report
Northridge Rent Report — August 2023
Asking rents in ZIP 91325, Los Angeles, from 105 listings.
Median 1BR rent in Northridge was $1,725 in August 2023, down 24.8% (−$570) from July 2023 and up 4.5% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,750. That puts Northridge $375 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 105 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | +$5 (+0.3%) | +$205 (+13.7%) | $1,700 – $1,700 | 1 |
| Studio | $1,595 | −$100 (-5.9%) | +$100 (+6.7%) | $1,390 – $1,655 | 24 |
| 1BR | $1,725 | −$570 (-24.8%) | +$75 (+4.5%) | $1,695 – $1,750 | 5 |
| 1BR | $1,947 | −$348 (-15.2%) | +$297 (+18.0%) | $1,795 – $2,188 | 24 |
| 2BR | $2,695 | +$400 (+17.4%) | −$78 (-2.8%) | $2,596 – $2,818 | 30 |
| 2BR | $2,640 | +$345 (+15.0%) | −$132 (-4.8%) | $2,640 – $2,640 | 1 |
| 3BR | $3,547 | −$203 (-5.4%) | +$297 (+9.1%) | $3,372 – $3,721 | 2 |
| 3BR | $3,495 | −$255 (-6.8%) | +$245 (+7.5%) | $3,495 – $3,495 | 1 |
| 4BR | $6,500 | −$300 (-4.4%) | +$2,300 (+54.8%) | $4,950 – $6,800 | 9 |
| 4BR | $3,850 | −$2,950 (-43.4%) | −$350 (-8.3%) | $3,850 – $3,850 | 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 | $1,700 | $1,775 | −$75 (-4.2%) |
| Studio | $1,595 | $1,775 | −$180 (-10.1%) |
| 1BR | $1,725 | $2,100 | −$375 (-17.9%) |
| 1BR | $1,947 | $2,100 | −$153 (-7.3%) |
| 2BR | $2,695 | $2,895 | −$200 (-6.9%) |
| 2BR | $2,640 | $2,895 | −$255 (-8.8%) |
| 3BR | $3,547 | $3,897 | −$351 (-9.0%) |
| 3BR | $3,495 | $3,897 | −$402 (-10.3%) |
| 4BR | $6,500 | $5,163 | +$1,338 (+25.9%) |
| 4BR | $3,850 | $5,163 | −$1,312 (-25.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.