Monthly Rent Report
Van Nuys Rent Report — August 2024
Asking rents in ZIP 91401, Los Angeles, from 29 listings.
Median 1BR rent in Van Nuys was $1,875 in August 2024, down 23.5% (−$577) from July 2024 and down 7.4% year-over-year. The middle half of 1BR listings asked between $1,875 and $1,875. That puts Van Nuys $220 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 29 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | +$119 (+7.8%) | −$230 (-12.2%) | $1,650 – $1,650 | 1 |
| 1BR | $1,875 | −$577 (-23.5%) | −$150 (-7.4%) | $1,875 – $1,875 | 3 |
| 1BR | $1,999 | −$453 (-18.5%) | −$26 (-1.3%) | $1,999 – $1,999 | 1 |
| 2BR | $2,395 | +$73 (+3.1%) | −$252 (-9.5%) | $2,395 – $2,395 | 1 |
| 2BR | $2,600 | +$278 (+11.9%) | −$47 (-1.8%) | $2,600 – $2,600 | 3 |
| 3BR | $3,550 | +$455 (+14.7%) | −$350 (-9.0%) | $3,550 – $3,700 | 6 |
| 3BR | $3,995 | +$900 (+29.1%) | +$95 (+2.4%) | $3,995 – $3,995 | 1 |
| 4BR | $7,400 | +$2,400 (+48.0%) | −$4,600 (-38.3%) | $7,400 – $7,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Van Nuys vs. Los Angeles — August 2024
| Bedrooms | Van Nuys Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,750 | −$100 (-5.7%) |
| 1BR | $1,875 | $2,095 | −$220 (-10.5%) |
| 1BR | $1,999 | $2,095 | −$96 (-4.6%) |
| 2BR | $2,395 | $2,795 | −$400 (-14.3%) |
| 2BR | $2,600 | $2,795 | −$195 (-7.0%) |
| 3BR | $3,550 | $4,000 | −$450 (-11.3%) |
| 3BR | $3,995 | $4,000 | −$5 (-0.1%) |
| 4BR | $7,400 | $4,895 | +$2,505 (+51.2%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.