Monthly Rent Report
Studio City Rent Report — January 2024
Asking rents in ZIP 91604, Los Angeles, from 217 listings.
Median 1BR rent in Studio City was $1,988 in January 2024, down 11.1% (−$248) from December 2023 and down 5.1% year-over-year. The middle half of 1BR listings asked between $1,906 and $2,069. That puts Studio City $109 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 217 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | +$100 (+5.9%) | −$50 (-2.7%) | $1,795 – $1,795 | 1 |
| Studio | $1,645 | −$50 (-2.9%) | −$200 (-10.8%) | $1,495 – $2,113 | 12 |
| 1BR | $1,988 | −$248 (-11.1%) | −$107 (-5.1%) | $1,906 – $2,069 | 2 |
| 1BR | $2,495 | +$260 (+11.6%) | +$400 (+19.1%) | $2,196 – $2,695 | 38 |
| 2BR | $3,500 | +$305 (+9.5%) | +$201 (+6.1%) | $3,053 – $4,299 | 77 |
| 2BR | $3,800 | +$605 (+18.9%) | +$501 (+15.2%) | $3,800 – $3,800 | 3 |
| 2BR | $3,525 | +$330 (+10.3%) | +$226 (+6.8%) | $3,110 – $3,635 | 3 |
| 3BR | $6,500 | +$175 (+2.8%) | +$1,650 (+34.0%) | $5,400 – $8,000 | 39 |
| 3BR | $5,600 | −$725 (-11.5%) | +$750 (+15.5%) | $5,450 – $5,750 | 2 |
| 4BR | $10,000 | +$2,000 (+25.0%) | +$500 (+5.3%) | $3,800 – $12,000 | 9 |
| 4BR | $10,000 | +$2,000 (+25.0%) | +$500 (+5.3%) | $3,800 – $12,000 | 9 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Studio City vs. Los Angeles — January 2024
| Bedrooms | Studio City Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,750 | +$45 (+2.6%) |
| Studio | $1,645 | $1,750 | −$105 (-6.0%) |
| 1BR | $1,988 | $2,097 | −$109 (-5.2%) |
| 1BR | $2,495 | $2,097 | +$399 (+19.0%) |
| 2BR | $3,500 | $2,795 | +$705 (+25.2%) |
| 2BR | $3,800 | $2,795 | +$1,005 (+36.0%) |
| 2BR | $3,525 | $2,795 | +$730 (+26.1%) |
| 3BR | $6,500 | $3,950 | +$2,550 (+64.6%) |
| 3BR | $5,600 | $3,950 | +$1,650 (+41.8%) |
| 4BR | $10,000 | $5,200 | +$4,800 (+92.3%) |
| 4BR | $10,000 | $5,200 | +$4,800 (+92.3%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.