Monthly Rent Report
Valley Village Rent Report — August 2024
Asking rents in ZIP 91607, Los Angeles, from 195 listings.
Median 1BR rent in Valley Village was $2,100 in August 2024, down 4.5% (−$100) from July 2024 and up 18.3% year-over-year. The middle half of 1BR listings asked between $1,950 and $2,195. That puts Valley Village in line with the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 195 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$1,100 (-38.6%) | +$125 (+7.7%) | $1,670 – $1,925 | 11 |
| 1BR | $2,100 | −$100 (-4.5%) | +$325 (+18.3%) | $1,950 – $2,195 | 57 |
| 2BR | $2,828 | −$147 (-5.0%) | −$167 (-5.6%) | $2,595 – $3,024 | 56 |
| 3BR | $5,750 | −$500 (-8.0%) | −$1,550 (-21.2%) | $4,975 – $6,850 | 20 |
| 4BR | $3,645 | $0 (0.0%) | $0 (0.0%) | $3,645 – $6,575 | 43 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Valley Village vs. Los Angeles — August 2024
| Bedrooms | Valley Village Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,750 | $0 (0.0%) |
| 1BR | $2,100 | $2,095 | +$5 (+0.2%) |
| 2BR | $2,828 | $2,795 | +$33 (+1.2%) |
| 3BR | $5,750 | $4,000 | +$1,750 (+43.8%) |
| 4BR | $3,645 | $4,895 | −$1,250 (-25.5%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.