Monthly Rent Report
Studio City Rent Report — May 2023
Asking rents in ZIP 91604, Los Angeles, from 311 listings.
Median 1BR rent in Studio City was $3,000 in May 2023, up 50.4% (+$1,005) from April 2023 and up 62.2% year-over-year. The middle half of 1BR listings asked between $2,450 and $3,550. That puts Studio City $878 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 311 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | −$45 (-2.4%) | +$205 (+12.5%) | $1,850 – $1,850 | 1 |
| Studio | $1,895 | $0 (0.0%) | +$250 (+15.2%) | $1,790 – $2,077 | 21 |
| 1BR | $3,000 | +$1,005 (+50.4%) | +$1,150 (+62.2%) | $2,450 – $3,550 | 2 |
| 1BR | $2,710 | +$715 (+35.8%) | +$860 (+46.5%) | $2,248 – $3,005 | 83 |
| 2BR | $2,698 | −$502 (-15.7%) | +$48 (+1.8%) | $2,495 – $2,974 | 4 |
| 2BR | $3,481 | +$281 (+8.8%) | +$831 (+31.4%) | $3,011 – $3,795 | 117 |
| 3BR | $6,000 | +$200 (+3.4%) | −$775 (-11.4%) | $4,538 – $7,500 | 42 |
| 3BR | $8,200 | +$2,400 (+41.4%) | +$1,425 (+21.0%) | $8,200 – $8,200 | 1 |
| 4BR | $12,000 | −$1,649 (-12.1%) | +$5,005 (+71.6%) | $9,000 – $13,300 | 25 |
| 4BR | $9,000 | −$4,649 (-34.1%) | +$2,005 (+28.7%) | $9,000 – $9,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Studio City vs. Los Angeles — May 2023
| Bedrooms | Studio City Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $1,750 | +$100 (+5.7%) |
| Studio | $1,895 | $1,750 | +$145 (+8.3%) |
| 1BR | $3,000 | $2,122 | +$878 (+41.4%) |
| 1BR | $2,710 | $2,122 | +$588 (+27.7%) |
| 2BR | $2,698 | $2,780 | −$82 (-3.0%) |
| 2BR | $3,481 | $2,780 | +$701 (+25.2%) |
| 3BR | $6,000 | $3,943 | +$2,058 (+52.2%) |
| 3BR | $8,200 | $3,943 | +$4,258 (+108.0%) |
| 4BR | $12,000 | $5,000 | +$7,000 (+140.0%) |
| 4BR | $9,000 | $5,000 | +$4,000 (+80.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.