Monthly Rent Report
Studio City Rent Report — May 2024
Asking rents in ZIP 91604, Los Angeles, from 722 listings.
Median 1BR rent in Studio City was $2,295 in May 2024, down 10.0% (−$256) from April 2024 and down 15.3% year-over-year. The middle half of 1BR listings asked between $1,996 and $2,583. That puts Studio City $200 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 722 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,300 | +$705 (+44.2%) | +$405 (+21.4%) | $2,300 – $2,300 | 1 |
| Studio | $1,775 | +$180 (+11.3%) | −$120 (-6.3%) | $1,713 – $1,825 | 7 |
| Studio | $1,950 | +$355 (+22.3%) | +$55 (+2.9%) | $1,784 – $2,300 | 58 |
| 1BR | $2,295 | −$256 (-10.0%) | −$415 (-15.3%) | $1,996 – $2,583 | 14 |
| 1BR | $2,630 | +$79 (+3.1%) | −$80 (-3.0%) | $2,429 – $2,900 | 149 |
| 1BR | $2,909 | +$358 (+14.0%) | +$199 (+7.3%) | $2,841 – $2,976 | 2 |
| 2BR | $3,350 | −$450 (-11.8%) | −$131 (-3.8%) | $3,153 – $3,650 | 194 |
| 2BR | $3,175 | −$625 (-16.4%) | −$306 (-8.8%) | $2,622 – $3,650 | 30 |
| 2BR | $2,695 | −$1,105 (-29.1%) | −$786 (-22.6%) | $2,695 – $2,695 | 1 |
| 3BR | $6,250 | −$5,575 (-47.1%) | −$1,950 (-23.8%) | $4,494 – $8,948 | 39 |
| 3BR | $4,095 | −$7,730 (-65.4%) | −$4,105 (-50.1%) | $4,095 – $4,095 | 1 |
| 3BR | $6,900 | −$4,925 (-41.6%) | −$1,300 (-15.9%) | $4,600 – $10,000 | 111 |
| 4BR | $10,395 | −$2,805 (-21.3%) | +$1,395 (+15.5%) | $8,636 – $14,925 | 48 |
| 4BR | $10,748 | −$2,452 (-18.6%) | +$1,748 (+19.4%) | $9,500 – $16,669 | 14 |
| 4BR | $10,290 | −$2,910 (-22.0%) | +$1,290 (+14.3%) | $10,290 – $10,290 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Studio City vs. Los Angeles — May 2024
| Bedrooms | Studio City Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,300 | $1,795 | +$505 (+28.1%) |
| Studio | $1,775 | $1,795 | −$20 (-1.1%) |
| Studio | $1,950 | $1,795 | +$155 (+8.6%) |
| 1BR | $2,295 | $2,095 | +$200 (+9.5%) |
| 1BR | $2,630 | $2,095 | +$535 (+25.5%) |
| 1BR | $2,909 | $2,095 | +$814 (+38.8%) |
| 2BR | $3,350 | $2,850 | +$500 (+17.5%) |
| 2BR | $3,175 | $2,850 | +$325 (+11.4%) |
| 2BR | $2,695 | $2,850 | −$155 (-5.4%) |
| 3BR | $6,250 | $3,969 | +$2,282 (+57.5%) |
| 3BR | $4,095 | $3,969 | +$127 (+3.2%) |
| 3BR | $6,900 | $3,969 | +$2,932 (+73.9%) |
| 4BR | $10,395 | $5,175 | +$5,220 (+100.9%) |
| 4BR | $10,748 | $5,175 | +$5,573 (+107.7%) |
| 4BR | $10,290 | $5,175 | +$5,115 (+98.8%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.