Monthly Rent Report
Valley Village Rent Report — March 2024
Asking rents in ZIP 91607, Los Angeles, from 53 listings.
Median 1BR rent in Valley Village was $1,995 in March 2024, down 45.3% (−$1,655) from February 2024. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Valley Village $150 below the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 53 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$100 (-6.3%) | — | $1,495 – $1,495 | 1 |
| Studio | $1,495 | −$100 (-6.3%) | — | $1,495 – $1,495 | 1 |
| 1BR | $1,995 | −$1,655 (-45.3%) | — | $1,995 – $1,995 | 7 |
| 1BR | $2,300 | −$1,350 (-37.0%) | — | $2,148 – $2,300 | 3 |
| 2BR | $2,495 | −$305 (-10.9%) | −$12 (-0.5%) | $2,495 – $2,495 | 1 |
| 2BR | $2,800 | $0 (0.0%) | +$293 (+11.7%) | $2,800 – $2,850 | 5 |
| 3BR | $5,200 | $0 (0.0%) | — | $5,200 – $5,200 | 1 |
| 3BR | $5,200 | $0 (0.0%) | — | $5,200 – $5,200 | 1 |
| 4BR | $3,645 | $0 (0.0%) | $0 (0.0%) | $3,645 – $3,645 | 12 |
| 4BR | $3,645 | $0 (0.0%) | $0 (0.0%) | $3,645 – $3,645 | 21 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Valley Village vs. Los Angeles — March 2024
| Bedrooms | Valley Village Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,723 | −$227 (-13.2%) |
| Studio | $1,495 | $1,723 | −$227 (-13.2%) |
| 1BR | $1,995 | $2,145 | −$150 (-7.0%) |
| 1BR | $2,300 | $2,145 | +$155 (+7.2%) |
| 2BR | $2,495 | $2,850 | −$355 (-12.5%) |
| 2BR | $2,800 | $2,850 | −$50 (-1.8%) |
| 3BR | $5,200 | $3,762 | +$1,438 (+38.2%) |
| 3BR | $5,200 | $3,762 | +$1,438 (+38.2%) |
| 4BR | $3,645 | $4,950 | −$1,305 (-26.4%) |
| 4BR | $3,645 | $4,950 | −$1,305 (-26.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.