Monthly Rent Report
Van Nuys Rent Report — May 2023
Asking rents in ZIP 91406, Los Angeles, from 209 listings.
Median 1BR rent in Van Nuys was $2,023 in May 2023, up 10.1% (+$185) from April 2023 and up 22.6% year-over-year. The middle half of 1BR listings asked between $2,009 and $2,036. That puts Van Nuys $100 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 209 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$45 (+3.1%) | +$95 (+6.8%) | $1,495 – $1,495 | 1 |
| Studio | $1,558 | +$108 (+7.4%) | +$158 (+11.3%) | $1,523 – $1,679 | 19 |
| 1BR | $2,023 | +$185 (+10.1%) | +$373 (+22.6%) | $2,009 – $2,036 | 2 |
| 1BR | $1,895 | +$58 (+3.1%) | +$245 (+14.8%) | $1,795 – $2,095 | 65 |
| 2BR | $2,695 | $0 (0.0%) | +$120 (+4.7%) | $2,695 – $2,695 | 1 |
| 2BR | $2,349 | −$346 (-12.9%) | −$226 (-8.8%) | $2,315 – $2,624 | 62 |
| 3BR | $3,655 | +$555 (+17.9%) | −$245 (-6.3%) | $3,641 – $3,730 | 44 |
| 3BR | $5,750 | +$2,650 (+85.5%) | +$1,850 (+47.4%) | $5,750 – $5,750 | 1 |
| 4BR | $4,690 | +$195 (+4.3%) | −$810 (-14.7%) | $4,000 – $4,795 | 9 |
| 4BR | $4,750 | +$255 (+5.7%) | −$750 (-13.6%) | $4,375 – $5,124 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Van Nuys vs. Los Angeles — May 2023
| Bedrooms | Van Nuys Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,750 | −$255 (-14.6%) |
| Studio | $1,558 | $1,750 | −$192 (-11.0%) |
| 1BR | $2,023 | $2,122 | −$99 (-4.7%) |
| 1BR | $1,895 | $2,122 | −$227 (-10.7%) |
| 2BR | $2,695 | $2,780 | −$85 (-3.1%) |
| 2BR | $2,349 | $2,780 | −$431 (-15.5%) |
| 3BR | $3,655 | $3,943 | −$287 (-7.3%) |
| 3BR | $5,750 | $3,943 | +$1,808 (+45.8%) |
| 4BR | $4,690 | $5,000 | −$310 (-6.2%) |
| 4BR | $4,750 | $5,000 | −$250 (-5.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.