Monthly Rent Report
Van Nuys Rent Report — March 2023
Asking rents in ZIP 91405, Los Angeles, from 314 listings.
Median 1BR rent in Van Nuys was $1,886 in March 2023, up 1.9% (+$36) from February 2023 and down 9.2% year-over-year. The middle half of 1BR listings asked between $1,650 and $2,148. That puts Van Nuys $211 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 314 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,588 | −$407 (-20.4%) | +$93 (+6.2%) | $1,478 – $1,713 | 28 |
| Studio | $1,400 | −$595 (-29.8%) | −$95 (-6.4%) | $1,400 – $1,400 | 1 |
| 1BR | $1,886 | +$36 (+1.9%) | −$190 (-9.2%) | $1,650 – $2,148 | 109 |
| 1BR | $2,025 | +$175 (+9.5%) | −$51 (-2.5%) | $2,013 – $2,025 | 4 |
| 2BR | $2,499 | −$97 (-3.7%) | +$1,074 (+75.4%) | $2,499 – $2,499 | 1 |
| 2BR | $2,195 | −$401 (-15.4%) | +$770 (+54.0%) | $2,195 – $2,195 | 1 |
| 3BR | $3,250 | −$189 (-5.5%) | −$150 (-4.4%) | $3,250 – $3,250 | 2 |
| 3BR | $3,439 | $0 (0.0%) | +$39 (+1.1%) | $3,195 – $3,745 | 136 |
| 3BR | $2,950 | −$489 (-14.2%) | −$450 (-13.2%) | $2,950 – $2,950 | 1 |
| 4BR | $4,500 | −$700 (-13.5%) | +$750 (+20.0%) | $4,500 – $4,500 | 1 |
| 4BR | $4,250 | −$950 (-18.3%) | +$500 (+13.3%) | $4,175 – $5,600 | 16 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Van Nuys vs. Los Angeles — March 2023
| Bedrooms | Van Nuys Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,588 | $1,745 | −$157 (-9.0%) |
| Studio | $1,400 | $1,745 | −$345 (-19.8%) |
| 1BR | $1,886 | $2,097 | −$211 (-10.1%) |
| 1BR | $2,025 | $2,097 | −$72 (-3.4%) |
| 2BR | $2,499 | $2,750 | −$251 (-9.1%) |
| 2BR | $2,195 | $2,750 | −$555 (-20.2%) |
| 3BR | $3,250 | $3,923 | −$672 (-17.1%) |
| 3BR | $3,439 | $3,923 | −$483 (-12.3%) |
| 3BR | $2,950 | $3,923 | −$972 (-24.8%) |
| 4BR | $4,500 | $4,760 | −$260 (-5.5%) |
| 4BR | $4,250 | $4,760 | −$510 (-10.7%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.