Monthly Rent Report
Studio City Rent Report — October 2023
Asking rents in ZIP 91604, Los Angeles, from 148 listings.
Median 1BR rent in Studio City was $2,200 in October 2023, down 21.4% (−$600) from September 2023 and down 18.7% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Studio City $203 above the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 148 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$1,705 (-53.3%) | +$200 (+15.4%) | $1,495 – $1,495 | 1 |
| Studio | $1,645 | −$1,555 (-48.6%) | +$350 (+27.0%) | $1,620 – $1,670 | 2 |
| 1BR | $2,200 | −$600 (-21.4%) | −$505 (-18.7%) | $2,200 – $2,200 | 2 |
| 1BR | $2,600 | −$200 (-7.1%) | −$105 (-3.9%) | $2,600 – $2,600 | 2 |
| 1BR | $2,723 | −$77 (-2.8%) | +$18 (+0.6%) | $2,486 – $2,959 | 2 |
| 2BR | $3,500 | −$463 (-11.7%) | +$5 (+0.1%) | $2,875 – $3,700 | 67 |
| 2BR | $2,495 | −$1,468 (-37.0%) | −$1,000 (-28.6%) | $2,495 – $2,495 | 1 |
| 3BR | $6,680 | −$6,045 (-47.5%) | +$2,555 (+61.9%) | $5,500 – $8,500 | 41 |
| 3BR | $5,125 | −$7,600 (-59.7%) | +$1,000 (+24.2%) | $4,938 – $5,313 | 2 |
| 4BR | $7,000 | −$6,925 (-49.7%) | −$995 (-12.4%) | $7,000 – $7,000 | 1 |
| 4BR | $11,245 | −$2,680 (-19.2%) | +$3,250 (+40.7%) | $7,990 – $14,575 | 4 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Studio City vs. Los Angeles — October 2023
| Bedrooms | Studio City Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,700 | −$205 (-12.1%) |
| Studio | $1,645 | $1,700 | −$55 (-3.2%) |
| 1BR | $2,200 | $1,998 | +$203 (+10.1%) |
| 1BR | $2,600 | $1,998 | +$603 (+30.2%) |
| 1BR | $2,723 | $1,998 | +$725 (+36.3%) |
| 2BR | $3,500 | $2,750 | +$750 (+27.3%) |
| 2BR | $2,495 | $2,750 | −$255 (-9.3%) |
| 3BR | $6,680 | $4,195 | +$2,485 (+59.2%) |
| 3BR | $5,125 | $4,195 | +$930 (+22.2%) |
| 4BR | $7,000 | $5,275 | +$1,725 (+32.7%) |
| 4BR | $11,245 | $5,275 | +$5,970 (+113.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.