Monthly Rent Report
Valley Village Rent Report — May 2024
Asking rents in ZIP 91607, Los Angeles, from 167 listings.
Median 1BR rent in Valley Village was $2,100 in May 2024, down 37.7% (−$1,270) from April 2024 and down 3.4% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,150. That puts Valley Village in line with the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 167 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,673 | −$772 (-31.6%) | −$177 (-9.6%) | $1,550 – $2,018 | 12 |
| Studio | $2,445 | $0 (0.0%) | +$595 (+32.2%) | $2,445 – $2,445 | 2 |
| 1BR | $2,100 | −$1,270 (-37.7%) | −$75 (-3.4%) | $2,095 – $2,150 | 9 |
| 1BR | $2,050 | −$1,320 (-39.2%) | −$125 (-5.7%) | $1,895 – $2,193 | 43 |
| 1BR | $2,733 | −$637 (-18.9%) | +$558 (+25.6%) | $2,095 – $3,370 | 4 |
| 2BR | $3,600 | +$800 (+28.6%) | +$900 (+33.3%) | $3,600 – $3,600 | 1 |
| 2BR | $3,600 | +$800 (+28.6%) | +$900 (+33.3%) | $3,600 – $3,600 | 1 |
| 2BR | $2,895 | +$95 (+3.4%) | +$195 (+7.2%) | $2,883 – $2,995 | 3 |
| 2BR | $2,758 | −$42 (-1.5%) | +$58 (+2.1%) | $2,450 – $3,299 | 22 |
| 3BR | $4,995 | — | −$1,705 (-25.4%) | $4,500 – $6,000 | 13 |
| 3BR | $4,995 | — | −$1,705 (-25.4%) | $4,500 – $6,000 | 13 |
| 4BR | $10,000 | +$6,355 (+174.3%) | +$6,355 (+174.3%) | $7,650 – $14,975 | 7 |
| 4BR | $3,645 | $0 (0.0%) | $0 (0.0%) | $3,645 – $3,645 | 23 |
| 4BR | $15,000 | +$11,355 (+311.5%) | +$11,355 (+311.5%) | $15,000 – $15,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Valley Village vs. Los Angeles — May 2024
| Bedrooms | Valley Village Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,673 | $1,795 | −$122 (-6.8%) |
| Studio | $2,445 | $1,795 | +$650 (+36.2%) |
| 1BR | $2,100 | $2,095 | +$5 (+0.2%) |
| 1BR | $2,050 | $2,095 | −$45 (-2.1%) |
| 1BR | $2,733 | $2,095 | +$638 (+30.4%) |
| 2BR | $3,600 | $2,850 | +$750 (+26.3%) |
| 2BR | $3,600 | $2,850 | +$750 (+26.3%) |
| 2BR | $2,895 | $2,850 | +$45 (+1.6%) |
| 2BR | $2,758 | $2,850 | −$92 (-3.2%) |
| 3BR | $4,995 | $3,969 | +$1,027 (+25.9%) |
| 3BR | $4,995 | $3,969 | +$1,027 (+25.9%) |
| 4BR | $10,000 | $5,175 | +$4,825 (+93.2%) |
| 4BR | $3,645 | $5,175 | −$1,530 (-29.6%) |
| 4BR | $15,000 | $5,175 | +$9,825 (+189.9%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.