Monthly Rent Report
Van Nuys Rent Report — May 2023
Asking rents in ZIP 91405, Los Angeles, from 308 listings.
Median 1BR rent in Van Nuys was $1,995 in May 2023, flat versus April 2023 and down 23.1% year-over-year. The middle half of 1BR listings asked between $1,719 and $2,150. That puts Van Nuys $127 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 308 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$45 (-2.8%) | −$995 (-39.1%) | $1,500 – $1,725 | 16 |
| Studio | $1,695 | +$100 (+6.3%) | −$850 (-33.4%) | $1,695 – $1,695 | 1 |
| 1BR | $1,995 | $0 (0.0%) | −$600 (-23.1%) | $1,719 – $2,150 | 80 |
| 1BR | $1,972 | −$23 (-1.2%) | −$623 (-24.0%) | $1,836 – $2,109 | 4 |
| 2BR | $2,695 | $0 (0.0%) | +$496 (+22.6%) | $2,425 – $2,846 | 73 |
| 2BR | $2,700 | +$5 (+0.2%) | +$501 (+22.8%) | $2,700 – $2,700 | 1 |
| 3BR | $3,295 | −$555 (-14.4%) | −$1,205 (-26.8%) | $3,295 – $3,295 | 1 |
| 3BR | $3,575 | −$275 (-7.1%) | −$925 (-20.6%) | $3,439 – $3,745 | 102 |
| 4BR | $5,500 | −$200 (-3.5%) | +$1,500 (+37.5%) | $5,500 – $5,500 | 1 |
| 4BR | $4,750 | −$950 (-16.7%) | +$750 (+18.8%) | $4,309 – $5,500 | 7 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Van Nuys vs. Los Angeles — May 2023
| Bedrooms | Van Nuys Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,750 | −$200 (-11.4%) |
| Studio | $1,695 | $1,750 | −$55 (-3.1%) |
| 1BR | $1,995 | $2,122 | −$127 (-6.0%) |
| 1BR | $1,972 | $2,122 | −$150 (-7.1%) |
| 2BR | $2,695 | $2,780 | −$85 (-3.1%) |
| 2BR | $2,700 | $2,780 | −$80 (-2.9%) |
| 3BR | $3,295 | $3,943 | −$647 (-16.4%) |
| 3BR | $3,575 | $3,943 | −$367 (-9.3%) |
| 4BR | $5,500 | $5,000 | +$500 (+10.0%) |
| 4BR | $4,750 | $5,000 | −$250 (-5.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.