Monthly Rent Report
Studio City Rent Report — June 2023
Asking rents in ZIP 91604, Los Angeles, from 135 listings.
Median 1BR rent in Studio City was $2,345 in June 2023, down 21.8% (−$655) from May 2023 and up 6.6% year-over-year. The middle half of 1BR listings asked between $2,070 and $2,395. That puts Studio City $245 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 135 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,645 | −$205 (-11.1%) | −$855 (-34.2%) | $1,645 – $1,645 | 1 |
| Studio | $1,850 | $0 (0.0%) | −$650 (-26.0%) | $1,795 – $1,985 | 5 |
| 1BR | $2,345 | −$655 (-21.8%) | +$146 (+6.6%) | $2,070 – $2,395 | 6 |
| 1BR | $2,583 | −$417 (-13.9%) | +$384 (+17.4%) | $2,395 – $2,799 | 34 |
| 2BR | $2,950 | −$531 (-15.3%) | −$1,600 (-35.2%) | $2,950 – $2,950 | 1 |
| 2BR | $3,398 | −$83 (-2.4%) | −$1,152 (-25.3%) | $2,995 – $3,722 | 50 |
| 3BR | $3,595 | −$4,605 (-56.2%) | −$1,842 (-33.9%) | $3,595 – $3,595 | 1 |
| 3BR | $6,150 | −$2,050 (-25.0%) | +$713 (+13.1%) | $4,613 – $8,225 | 16 |
| 4BR | $11,000 | −$1,000 (-8.3%) | +$2,753 (+33.4%) | $11,000 – $11,000 | 1 |
| 4BR | $8,995 | −$3,005 (-25.0%) | +$748 (+9.1%) | $8,500 – $12,500 | 13 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Studio City vs. Los Angeles — June 2023
| Bedrooms | Studio City Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,645 | $1,758 | −$113 (-6.4%) |
| Studio | $1,850 | $1,758 | +$92 (+5.2%) |
| 1BR | $2,345 | $2,100 | +$245 (+11.7%) |
| 1BR | $2,583 | $2,100 | +$483 (+23.0%) |
| 2BR | $2,950 | $2,900 | +$50 (+1.7%) |
| 2BR | $3,398 | $2,900 | +$498 (+17.2%) |
| 3BR | $3,595 | $3,850 | −$255 (-6.6%) |
| 3BR | $6,150 | $3,850 | +$2,300 (+59.7%) |
| 4BR | $11,000 | $5,100 | +$5,900 (+115.7%) |
| 4BR | $8,995 | $5,100 | +$3,895 (+76.4%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.