Monthly Rent Report

Van Nuys Rent Report — December 2023

Asking rents in ZIP 91405, Los Angeles, from 59 listings.

Median 1BR rent in Van Nuys was $1,825 in December 2023, up 1.7% (+$30) from November 2023 and up 7.7% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,825. That puts Van Nuys $304 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 59 listings across 13 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2023Vs. December 2022P25–P75 RangeListings
Studio$1,700+$150 (+9.7%)+$50 (+3.0%)$1,700 – $1,7001
Studio$1,610+$60 (+3.9%)−$40 (-2.4%)$1,468 – $1,7532
1BR$1,825+$30 (+1.7%)+$130 (+7.7%)$1,825 – $1,8251
1BR$1,995+$200 (+11.1%)+$300 (+17.7%)$1,973 – $1,9953
2BR$3,105+$355 (+12.9%)+$630 (+25.5%)$2,857 – $3,2768
2BR$2,695−$55 (-2.0%)+$220 (+8.9%)$2,695 – $2,6951
2BR$2,450−$300 (-10.9%)−$25 (-1.0%)$2,425 – $2,4752
3BR$3,350−$89 (-2.6%)−$552 (-14.2%)$3,350 – $3,35011
3BR$3,100−$339 (-9.9%)−$802 (-20.6%)$3,100 – $3,1001
4BR$3,575$0 (0.0%)−$300 (-7.7%)$3,575 – $3,57518
4BR$3,575$0 (0.0%)−$300 (-7.7%)$3,575 – $3,5756

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

Van Nuys vs. Los AngelesDecember 2023

BedroomsVan Nuys MedianLos Angeles Citywide MedianDifference
Studio$1,700$1,750−$50 (-2.9%)
Studio$1,610$1,750−$140 (-8.0%)
1BR$1,825$2,129−$304 (-14.3%)
1BR$1,995$2,129−$134 (-6.3%)
2BR$3,105$2,795+$310 (+11.1%)
2BR$2,695$2,795−$100 (-3.6%)
2BR$2,450$2,795−$345 (-12.3%)
3BR$3,350$3,923−$572 (-14.6%)
3BR$3,100$3,923−$822 (-21.0%)
4BR$3,575$4,750−$1,175 (-24.7%)
4BR$3,575$4,750−$1,175 (-24.7%)

Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.

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