Monthly Rent Report
Rancho Park Rent Report — August 2023
Asking rents in ZIP 90064, Los Angeles, from 95 listings.
Median 1BR rent in Rancho Park was $2,582 in August 2023, down 25.5% (−$885) from July 2023 and down 15.4% year-over-year. The middle half of 1BR listings asked between $2,580 and $2,585. That puts Rancho Park $482 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 95 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,100 | +$782 (+33.7%) | +$700 (+29.2%) | $3,034 – $3,200 | 15 |
| Studio | $2,301 | −$17 (-0.7%) | −$99 (-4.1%) | $2,223 – $2,416 | 5 |
| 1BR | $2,582 | −$885 (-25.5%) | −$471 (-15.4%) | $2,580 – $2,585 | 2 |
| 1BR | $2,450 | −$1,017 (-29.3%) | −$603 (-19.8%) | $2,450 – $2,450 | 3 |
| 2BR | $5,200 | −$15 (-0.3%) | +$1,490 (+40.2%) | $5,200 – $5,200 | 1 |
| 2BR | $5,242 | +$27 (+0.5%) | +$1,532 (+41.3%) | $3,548 – $5,968 | 43 |
| 3BR | $5,323 | −$467 (-8.1%) | +$1,324 (+33.1%) | $4,911 – $5,734 | 2 |
| 3BR | $6,750 | +$960 (+16.6%) | +$2,751 (+68.8%) | $5,455 – $7,455 | 9 |
| 4BR | $8,595 | +$200 (+2.4%) | +$2,745 (+46.9%) | $8,248 – $8,595 | 3 |
| 4BR | $8,595 | +$200 (+2.4%) | +$2,745 (+46.9%) | $8,595 – $8,595 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Rancho Park vs. Los Angeles — August 2023
| Bedrooms | Rancho Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,100 | $1,775 | +$1,325 (+74.6%) |
| Studio | $2,301 | $1,775 | +$526 (+29.6%) |
| 1BR | $2,582 | $2,100 | +$482 (+23.0%) |
| 1BR | $2,450 | $2,100 | +$350 (+16.7%) |
| 2BR | $5,200 | $2,895 | +$2,305 (+79.6%) |
| 2BR | $5,242 | $2,895 | +$2,347 (+81.1%) |
| 3BR | $5,323 | $3,897 | +$1,425 (+36.6%) |
| 3BR | $6,750 | $3,897 | +$2,853 (+73.2%) |
| 4BR | $8,595 | $5,163 | +$3,433 (+66.5%) |
| 4BR | $8,595 | $5,163 | +$3,433 (+66.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.