Monthly Rent Report
Studio City Rent Report — February 2024
Asking rents in ZIP 91604, Los Angeles, from 514 listings.
Median 1BR rent in Studio City was $2,982 in February 2024, up 19.5% (+$487) from January 2024 and up 45.8% year-over-year. The middle half of 1BR listings asked between $2,982 and $2,982. That puts Studio City $787 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 514 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,695 | +$50 (+3.0%) | −$200 (-10.6%) | $1,695 – $1,695 | 1 |
| Studio | $1,921 | +$276 (+16.8%) | +$26 (+1.4%) | $1,736 – $2,538 | 56 |
| 1BR | $2,982 | +$487 (+19.5%) | +$937 (+45.8%) | $2,982 – $2,982 | 1 |
| 1BR | $2,695 | +$200 (+8.0%) | +$650 (+31.8%) | $2,400 – $2,900 | 160 |
| 2BR | $5,245 | +$1,745 (+49.9%) | +$1,943 (+58.8%) | $4,120 – $6,370 | 2 |
| 2BR | $3,400 | −$100 (-2.9%) | +$98 (+3.0%) | $2,958 – $3,699 | 240 |
| 3BR | $7,000 | +$500 (+7.7%) | +$405 (+6.1%) | $7,000 – $7,000 | 2 |
| 3BR | $8,500 | +$2,000 (+30.8%) | +$1,905 (+28.9%) | $8,500 – $8,500 | 1 |
| 4BR | $12,250 | +$2,250 (+22.5%) | +$300 (+2.5%) | $10,000 – $13,925 | 32 |
| 4BR | $3,800 | −$6,200 (-62.0%) | −$8,150 (-68.2%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Studio City vs. Los Angeles — February 2024
| Bedrooms | Studio City Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,695 | $1,750 | −$54 (-3.1%) |
| Studio | $1,921 | $1,750 | +$172 (+9.8%) |
| 1BR | $2,982 | $2,195 | +$787 (+35.9%) |
| 1BR | $2,695 | $2,195 | +$500 (+22.8%) |
| 2BR | $5,245 | $2,850 | +$2,395 (+84.0%) |
| 2BR | $3,400 | $2,850 | +$550 (+19.3%) |
| 3BR | $7,000 | $3,995 | +$3,005 (+75.2%) |
| 3BR | $8,500 | $3,995 | +$4,505 (+112.8%) |
| 4BR | $12,250 | $5,000 | +$7,250 (+145.0%) |
| 4BR | $3,800 | $5,000 | −$1,200 (-24.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.