Monthly Rent Report
Van Nuys Rent Report — October 2023
Asking rents in ZIP 91405, Los Angeles, from 54 listings.
Median 1BR rent in Van Nuys was $1,745 in October 2023, down 17.8% (−$377) from September 2023 and down 33.8% year-over-year. The middle half of 1BR listings asked between $1,715 and $1,758. That puts Van Nuys $253 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 54 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | +$700 (+58.6%) | +$400 (+26.8%) | $1,895 – $1,895 | 2 |
| Studio | $1,708 | +$513 (+42.9%) | +$213 (+14.2%) | $1,636 – $1,766 | 4 |
| 1BR | $1,745 | −$377 (-17.8%) | −$889 (-33.8%) | $1,715 – $1,758 | 8 |
| 1BR | $1,795 | −$327 (-15.4%) | −$839 (-31.9%) | $1,610 – $1,795 | 3 |
| 2BR | $2,750 | −$150 (-5.2%) | +$504 (+22.4%) | $2,750 – $2,750 | 2 |
| 2BR | $2,523 | −$377 (-13.0%) | +$277 (+12.3%) | $2,399 – $2,700 | 20 |
| 3BR | $2,887 | −$578 (-16.7%) | −$963 (-25.0%) | $2,887 – $2,887 | 1 |
| 3BR | $3,185 | −$280 (-8.1%) | −$665 (-17.3%) | $3,152 – $3,217 | 2 |
| 3BR | $3,195 | −$270 (-7.8%) | −$655 (-17.0%) | $3,045 – $3,195 | 3 |
| 4BR | $4,995 | +$1,420 (+39.7%) | +$100 (+2.0%) | $4,995 – $4,995 | 2 |
| 4BR | $4,500 | +$925 (+25.9%) | −$395 (-8.1%) | $4,500 – $4,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Van Nuys vs. Los Angeles — October 2023
| Bedrooms | Van Nuys Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,700 | +$195 (+11.5%) |
| Studio | $1,708 | $1,700 | +$8 (+0.5%) |
| 1BR | $1,745 | $1,998 | −$252 (-12.6%) |
| 1BR | $1,795 | $1,998 | −$202 (-10.1%) |
| 2BR | $2,750 | $2,750 | $0 (0.0%) |
| 2BR | $2,523 | $2,750 | −$227 (-8.3%) |
| 3BR | $2,887 | $4,195 | −$1,308 (-31.2%) |
| 3BR | $3,185 | $4,195 | −$1,010 (-24.1%) |
| 3BR | $3,195 | $4,195 | −$1,000 (-23.8%) |
| 4BR | $4,995 | $5,275 | −$280 (-5.3%) |
| 4BR | $4,500 | $5,275 | −$775 (-14.7%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.