Monthly Rent Report
Van Nuys Rent Report — February 2024
Asking rents in ZIP 91405, Los Angeles, from 490 listings.
Median 1BR rent in Van Nuys was $1,845 in February 2024, up 15.5% (+$248) from January 2024 and down 7.8% year-over-year. The middle half of 1BR listings asked between $1,700 and $2,150. That puts Van Nuys $350 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 490 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$50 (+3.2%) | −$395 (-19.8%) | $1,450 – $1,766 | 41 |
| Studio | $1,500 | −$50 (-3.2%) | −$495 (-24.8%) | $1,500 – $1,500 | 1 |
| 1BR | $1,845 | +$248 (+15.5%) | −$155 (-7.8%) | $1,700 – $2,150 | 160 |
| 1BR | $1,825 | +$228 (+14.3%) | −$175 (-8.8%) | $1,825 – $1,825 | 1 |
| 2BR | $2,641 | −$130 (-4.7%) | +$141 (+5.6%) | $2,425 – $2,826 | 119 |
| 2BR | $2,873 | +$102 (+3.7%) | +$373 (+14.9%) | $2,861 – $2,884 | 2 |
| 2BR | $2,830 | +$59 (+2.1%) | +$330 (+13.2%) | $2,742 – $2,972 | 18 |
| 3BR | $3,695 | −$50 (-1.3%) | +$500 (+15.6%) | $3,695 – $3,695 | 2 |
| 3BR | $3,600 | −$145 (-3.9%) | +$405 (+12.7%) | $3,405 – $3,850 | 109 |
| 3BR | $3,595 | −$150 (-4.0%) | +$400 (+12.5%) | $3,595 – $3,595 | 1 |
| 4BR | $4,295 | −$655 (-13.2%) | +$700 (+19.5%) | $3,995 – $4,950 | 5 |
| 4BR | $4,500 | −$450 (-9.1%) | +$905 (+25.2%) | $3,575 – $4,800 | 25 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Van Nuys vs. Los Angeles — February 2024
| Bedrooms | Van Nuys Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,750 | −$149 (-8.5%) |
| Studio | $1,500 | $1,750 | −$249 (-14.3%) |
| 1BR | $1,845 | $2,195 | −$350 (-15.9%) |
| 1BR | $1,825 | $2,195 | −$370 (-16.9%) |
| 2BR | $2,641 | $2,850 | −$209 (-7.3%) |
| 2BR | $2,873 | $2,850 | +$23 (+0.8%) |
| 2BR | $2,830 | $2,850 | −$20 (-0.7%) |
| 3BR | $3,695 | $3,995 | −$300 (-7.5%) |
| 3BR | $3,600 | $3,995 | −$395 (-9.9%) |
| 3BR | $3,595 | $3,995 | −$400 (-10.0%) |
| 4BR | $4,295 | $5,000 | −$705 (-14.1%) |
| 4BR | $4,500 | $5,000 | −$500 (-10.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.