Monthly Rent Report

Van Nuys Rent Report — September 2023

Asking rents in ZIP 91405, Los Angeles, from 43 listings.

Median 1BR rent in Van Nuys was $1,650 in September 2023, down 8.1% (−$145) from August 2023 and down 34.6% year-over-year. The middle half of 1BR listings asked between $1,625 and $1,695. That puts Van Nuys $350 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 43 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2023Vs. September 2022P25–P75 RangeListings
Studio$1,658−$17 (-1.0%)+$163 (+10.9%)$1,538 – $1,7954
Studio$1,195−$480 (-28.7%)−$300 (-20.1%)$1,195 – $1,1951
1BR$1,650−$145 (-8.1%)−$872 (-34.6%)$1,625 – $1,6957
1BR$2,123+$328 (+18.2%)−$399 (-15.8%)$2,109 – $2,1362
2BR$2,298+$48 (+2.1%)−$736 (-24.3%)$2,296 – $2,2992
2BR$2,900+$650 (+28.9%)−$134 (-4.4%)$2,575 – $3,05013
3BR$3,295+$100 (+3.1%)−$1,105 (-25.1%)$3,295 – $3,2952
3BR$3,465+$270 (+8.5%)−$935 (-21.3%)$3,465 – $3,4651
4BR$3,575−$420 (-10.5%)+$580 (+19.4%)$3,575 – $3,6948
4BR$3,575−$420 (-10.5%)+$580 (+19.4%)$3,575 – $3,5753

Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.

Van Nuys vs. Los AngelesSeptember 2023

BedroomsVan Nuys MedianLos Angeles Citywide MedianDifference
Studio$1,658$1,795−$137 (-7.6%)
Studio$1,195$1,795−$600 (-33.4%)
1BR$1,650$2,000−$350 (-17.5%)
1BR$2,123$2,000+$123 (+6.1%)
2BR$2,298$2,750−$452 (-16.5%)
2BR$2,900$2,750+$150 (+5.5%)
3BR$3,295$3,948−$652 (-16.5%)
3BR$3,465$3,948−$482 (-12.2%)
4BR$3,575$5,000−$1,425 (-28.5%)
4BR$3,575$5,000−$1,425 (-28.5%)

Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.

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