Monthly Rent Report

Studio City Rent Report — April 2023

Asking rents in ZIP 91604, Los Angeles, from 455 listings.

Median 1BR rent in Studio City was $1,995 in April 2023, down 22.4% (−$575) from March 2023 and down 6.1% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,248. That puts Studio City $102 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 455 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2023Vs. April 2022P25–P75 RangeListings
Studio$1,695−$270 (-13.7%)−$544 (-24.3%)$1,695 – $1,6951
Studio$1,895−$70 (-3.6%)−$344 (-15.4%)$1,790 – $2,09326
1BR$1,995−$575 (-22.4%)−$129 (-6.1%)$1,995 – $2,2483
1BR$2,565−$5 (-0.2%)+$441 (+20.7%)$2,200 – $3,014112
2BR$2,675−$550 (-17.1%)−$870 (-24.5%)$2,675 – $2,6751
2BR$3,200−$25 (-0.8%)−$345 (-9.7%)$2,900 – $3,599182
3BR$5,800−$1,700 (-22.7%)+$2,605 (+81.5%)$5,800 – $5,8001
3BR$5,500−$2,000 (-26.7%)+$2,305 (+72.1%)$4,500 – $6,90073
4BR$9,000+$150 (+1.7%)+$2,500 (+38.5%)$9,000 – $9,0001
4BR$13,650+$4,800 (+54.2%)+$7,150 (+110.0%)$9,250 – $15,00030

Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.

Studio City vs. Los AngelesApril 2023

BedroomsStudio City MedianLos Angeles Citywide MedianDifference
Studio$1,695$1,775−$80 (-4.5%)
Studio$1,895$1,775+$120 (+6.8%)
1BR$1,995$2,097−$102 (-4.9%)
1BR$2,565$2,097+$468 (+22.3%)
2BR$2,675$2,795−$120 (-4.3%)
2BR$3,200$2,795+$405 (+14.5%)
3BR$5,800$3,895+$1,905 (+48.9%)
3BR$5,500$3,895+$1,605 (+41.2%)
4BR$9,000$4,970+$4,030 (+81.1%)
4BR$13,650$4,970+$8,680 (+174.6%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.

Advertisement