Monthly Rent Report
Studio City Rent Report — August 2023
Asking rents in ZIP 91604, Los Angeles, from 114 listings.
Median 1BR rent in Studio City was $2,295 in August 2023, up 4.3% (+$95) from July 2023 and down 20.6% year-over-year. The middle half of 1BR listings asked between $2,295 and $2,295. That puts Studio City $195 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 114 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,863 | −$132 (-6.6%) | −$87 (-4.5%) | $1,774 – $2,012 | 4 |
| Studio | $1,950 | −$45 (-2.3%) | $0 (0.0%) | $1,950 – $1,950 | 1 |
| 1BR | $2,295 | +$95 (+4.3%) | −$595 (-20.6%) | $2,295 – $2,295 | 1 |
| 1BR | $2,660 | +$460 (+20.9%) | −$230 (-8.0%) | $2,449 – $2,957 | 31 |
| 2BR | $2,945 | −$661 (-18.3%) | −$2,555 (-46.5%) | $2,670 – $3,220 | 2 |
| 2BR | $3,150 | −$456 (-12.6%) | −$2,350 (-42.7%) | $2,889 – $3,509 | 41 |
| 3BR | $6,675 | +$1,475 (+28.4%) | −$3,825 (-36.4%) | $5,788 – $7,563 | 2 |
| 3BR | $4,470 | −$730 (-14.0%) | −$6,030 (-57.4%) | $4,045 – $4,540 | 7 |
| 4BR | $10,000 | +$1,000 (+11.1%) | +$750 (+8.1%) | $10,000 – $10,000 | 10 |
| 4BR | $8,500 | −$500 (-5.6%) | −$750 (-8.1%) | $8,500 – $8,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Studio City vs. Los Angeles — August 2023
| Bedrooms | Studio City Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,863 | $1,775 | +$88 (+5.0%) |
| Studio | $1,950 | $1,775 | +$175 (+9.9%) |
| 1BR | $2,295 | $2,100 | +$195 (+9.3%) |
| 1BR | $2,660 | $2,100 | +$560 (+26.7%) |
| 2BR | $2,945 | $2,895 | +$50 (+1.7%) |
| 2BR | $3,150 | $2,895 | +$255 (+8.8%) |
| 3BR | $6,675 | $3,897 | +$2,778 (+71.3%) |
| 3BR | $4,470 | $3,897 | +$573 (+14.7%) |
| 4BR | $10,000 | $5,163 | +$4,838 (+93.7%) |
| 4BR | $8,500 | $5,163 | +$3,338 (+64.6%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.