Monthly Rent Report
Studio City Rent Report — July 2023
Asking rents in ZIP 91604, Los Angeles, from 82 listings.
Median 1BR rent in Studio City was $2,661 in July 2023, up 3.0% (+$79) from June 2023 and up 18.4% year-over-year. The middle half of 1BR listings asked between $2,350 and $2,802. That puts Studio City $536 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 82 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | +$350 (+21.3%) | +$205 (+11.5%) | $1,923 – $1,995 | 7 |
| Studio | $1,748 | +$103 (+6.2%) | −$42 (-2.4%) | $1,696 – $1,799 | 2 |
| 1BR | $2,661 | +$79 (+3.0%) | +$414 (+18.4%) | $2,350 – $2,802 | 26 |
| 1BR | $2,200 | −$382 (-14.8%) | −$47 (-2.1%) | $2,200 – $2,200 | 1 |
| 2BR | $3,606 | +$209 (+6.1%) | −$19 (-0.5%) | $2,986 – $3,969 | 30 |
| 2BR | $3,523 | +$125 (+3.7%) | −$102 (-2.8%) | $3,270 – $3,936 | 4 |
| 3BR | $7,625 | +$1,475 (+24.0%) | +$1,125 (+17.3%) | $6,425 – $8,275 | 4 |
| 3BR | $5,200 | −$950 (-15.4%) | −$1,300 (-20.0%) | $5,200 – $5,200 | 1 |
| 4BR | $9,975 | −$1,025 (-9.3%) | +$3,500 (+54.1%) | $9,463 – $10,488 | 2 |
| 4BR | $9,000 | −$2,000 (-18.2%) | +$2,525 (+39.0%) | $9,000 – $9,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Studio City vs. Los Angeles — July 2023
| Bedrooms | Studio City Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,800 | +$195 (+10.8%) |
| Studio | $1,748 | $1,800 | −$52 (-2.9%) |
| 1BR | $2,661 | $2,125 | +$536 (+25.2%) |
| 1BR | $2,200 | $2,125 | +$75 (+3.5%) |
| 2BR | $3,606 | $2,873 | +$733 (+25.5%) |
| 2BR | $3,523 | $2,873 | +$649 (+22.6%) |
| 3BR | $7,625 | $3,836 | +$3,789 (+98.8%) |
| 3BR | $5,200 | $3,836 | +$1,364 (+35.6%) |
| 4BR | $9,975 | $4,572 | +$5,403 (+118.2%) |
| 4BR | $9,000 | $4,572 | +$4,428 (+96.9%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.