Monthly Rent Report
Van Nuys Rent Report — March 2023
Asking rents in ZIP 91406, Los Angeles, from 406 listings.
Median 1BR rent in Van Nuys was $1,863 in March 2023, down 2.0% (−$37) from February 2023 and down 6.6% year-over-year. The middle half of 1BR listings asked between $1,712 and $2,025. That puts Van Nuys $234 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 406 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$100 (-6.1%) | +$150 (+10.7%) | $1,474 – $1,600 | 32 |
| Studio | $1,700 | +$50 (+3.0%) | +$300 (+21.4%) | $1,650 – $1,700 | 3 |
| 1BR | $1,863 | −$37 (-2.0%) | −$132 (-6.6%) | $1,712 – $2,025 | 94 |
| 1BR | $1,795 | −$105 (-5.5%) | −$200 (-10.0%) | $1,795 – $1,795 | 1 |
| 2BR | $2,840 | +$415 (+17.1%) | +$545 (+23.7%) | $2,780 – $2,865 | 9 |
| 2BR | $2,495 | +$70 (+2.9%) | +$200 (+8.7%) | $2,250 – $2,700 | 117 |
| 3BR | $4,250 | +$350 (+9.0%) | +$1,500 (+54.5%) | $4,250 – $4,250 | 1 |
| 3BR | $3,730 | −$170 (-4.4%) | +$980 (+35.6%) | $3,655 – $3,800 | 97 |
| 4BR | $4,330 | −$720 (-14.3%) | −$170 (-3.8%) | $4,000 – $5,125 | 32 |
| 4BR | $3,995 | −$1,055 (-20.9%) | −$505 (-11.2%) | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Van Nuys vs. Los Angeles — March 2023
| Bedrooms | Van Nuys Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,745 | −$195 (-11.2%) |
| Studio | $1,700 | $1,745 | −$45 (-2.6%) |
| 1BR | $1,863 | $2,097 | −$234 (-11.2%) |
| 1BR | $1,795 | $2,097 | −$302 (-14.4%) |
| 2BR | $2,840 | $2,750 | +$90 (+3.3%) |
| 2BR | $2,495 | $2,750 | −$255 (-9.3%) |
| 3BR | $4,250 | $3,923 | +$328 (+8.3%) |
| 3BR | $3,730 | $3,923 | −$192 (-4.9%) |
| 4BR | $4,330 | $4,760 | −$430 (-9.0%) |
| 4BR | $3,995 | $4,760 | −$765 (-16.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.