Monthly Rent Report
Studio City Rent Report — December 2023
Asking rents in ZIP 91604, Los Angeles, from 40 listings.
Median 1BR rent in Studio City was $2,236 in December 2023, down 9.2% (−$225) from November 2023 and down 14.8% year-over-year. The middle half of 1BR listings asked between $2,045 and $2,431. That puts Studio City $107 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 40 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | $0 (0.0%) | −$805 (-32.2%) | $1,695 – $1,695 | 1 |
| Studio | $2,195 | +$500 (+29.5%) | −$305 (-12.2%) | $2,195 – $2,195 | 2 |
| 1BR | $2,236 | −$225 (-9.2%) | −$387 (-14.8%) | $2,045 – $2,431 | 8 |
| 1BR | $2,495 | +$34 (+1.4%) | −$127 (-4.9%) | $2,395 – $2,595 | 2 |
| 2BR | $3,195 | +$450 (+16.4%) | −$1,030 (-24.4%) | $3,195 – $3,195 | 1 |
| 2BR | $3,500 | +$755 (+27.5%) | −$725 (-17.2%) | $3,500 – $3,500 | 1 |
| 3BR | $3,199 | −$851 (-21.0%) | +$204 (+6.8%) | $3,199 – $3,199 | 1 |
| 3BR | $6,325 | +$2,275 (+56.2%) | +$3,330 (+111.2%) | $6,113 – $6,612 | 10 |
| 4BR | $8,000 | +$500 (+6.7%) | −$800 (-9.1%) | $8,000 – $9,500 | 11 |
| 4BR | $6,995 | −$505 (-6.7%) | −$1,805 (-20.5%) | $6,995 – $6,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Studio City vs. Los Angeles — December 2023
| Bedrooms | Studio City Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,750 | −$55 (-3.1%) |
| Studio | $2,195 | $1,750 | +$445 (+25.4%) |
| 1BR | $2,236 | $2,129 | +$107 (+5.0%) |
| 1BR | $2,495 | $2,129 | +$366 (+17.2%) |
| 2BR | $3,195 | $2,795 | +$400 (+14.3%) |
| 2BR | $3,500 | $2,795 | +$705 (+25.2%) |
| 3BR | $3,199 | $3,923 | −$723 (-18.4%) |
| 3BR | $6,325 | $3,923 | +$2,403 (+61.2%) |
| 4BR | $8,000 | $4,750 | +$3,250 (+68.4%) |
| 4BR | $6,995 | $4,750 | +$2,245 (+47.3%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.