Monthly Rent Report
Van Nuys Rent Report — August 2023
Asking rents in ZIP 91405, Los Angeles, from 49 listings.
Median 1BR rent in Van Nuys was $3,300 in August 2023, up 53.5% (+$1,150) from July 2023 and up 24.9% year-over-year. The middle half of 1BR listings asked between $3,300 and $3,300. That puts Van Nuys $1,200 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 49 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | −$75 (-4.3%) | +$225 (+15.5%) | $1,550 – $1,698 | 7 |
| Studio | $1,525 | −$225 (-12.9%) | +$75 (+5.2%) | $1,525 – $1,525 | 1 |
| 1BR | $3,300 | +$1,150 (+53.5%) | +$659 (+24.9%) | $3,300 – $3,300 | 6 |
| 1BR | $1,795 | −$355 (-16.5%) | −$846 (-32.0%) | $1,795 – $1,795 | 1 |
| 2BR | $2,250 | −$400 (-15.1%) | −$20 (-0.9%) | $2,250 – $2,250 | 1 |
| 2BR | $2,706 | +$56 (+2.1%) | +$436 (+19.2%) | $2,637 – $2,967 | 20 |
| 3BR | $4,300 | +$600 (+16.2%) | +$861 (+25.0%) | $4,300 – $4,300 | 1 |
| 3BR | $3,195 | −$505 (-13.6%) | −$244 (-7.1%) | $3,195 – $3,195 | 7 |
| 4BR | $8,500 | +$4,925 (+137.8%) | +$2,500 (+41.7%) | $8,500 – $8,500 | 4 |
| 4BR | $3,995 | +$420 (+11.7%) | −$2,005 (-33.4%) | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Van Nuys vs. Los Angeles — August 2023
| Bedrooms | Van Nuys Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $1,775 | −$100 (-5.6%) |
| Studio | $1,525 | $1,775 | −$250 (-14.1%) |
| 1BR | $3,300 | $2,100 | +$1,200 (+57.1%) |
| 1BR | $1,795 | $2,100 | −$305 (-14.5%) |
| 2BR | $2,250 | $2,895 | −$645 (-22.3%) |
| 2BR | $2,706 | $2,895 | −$189 (-6.5%) |
| 3BR | $4,300 | $3,897 | +$403 (+10.3%) |
| 3BR | $3,195 | $3,897 | −$702 (-18.0%) |
| 4BR | $8,500 | $5,163 | +$3,338 (+64.6%) |
| 4BR | $3,995 | $5,163 | −$1,167 (-22.6%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.