Monthly Rent Report
Van Nuys Rent Report — July 2023
Asking rents in ZIP 91406, Los Angeles, from 91 listings.
Median 1BR rent in Van Nuys was $1,848 in July 2023, down 12.0% (−$252) from June 2023 and up 4.2% year-over-year. The middle half of 1BR listings asked between $1,761 and $1,985. That puts Van Nuys $278 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 91 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,665 | +$170 (+11.4%) | +$115 (+7.4%) | $1,595 – $1,727 | 5 |
| Studio | $1,960 | +$465 (+31.1%) | +$410 (+26.5%) | $1,960 – $1,960 | 1 |
| 1BR | $1,848 | −$252 (-12.0%) | +$75 (+4.2%) | $1,761 – $1,985 | 22 |
| 1BR | $1,906 | −$194 (-9.3%) | +$133 (+7.5%) | $1,777 – $2,034 | 2 |
| 2BR | $2,325 | $0 (0.0%) | $0 (0.0%) | $2,273 – $2,472 | 35 |
| 2BR | $2,795 | +$470 (+20.2%) | +$470 (+20.2%) | $2,795 – $2,795 | 1 |
| 3BR | $3,730 | +$15 (+0.4%) | +$285 (+8.3%) | $3,655 – $3,788 | 18 |
| 3BR | $3,600 | −$115 (-3.1%) | +$155 (+4.5%) | $3,548 – $3,745 | 3 |
| 4BR | $5,500 | +$1,005 (+22.4%) | −$7,450 (-57.5%) | $5,500 – $5,500 | 1 |
| 4BR | $3,599 | −$896 (-19.9%) | −$9,351 (-72.2%) | $3,599 – $3,599 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Van Nuys vs. Los Angeles — July 2023
| Bedrooms | Van Nuys Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,665 | $1,800 | −$135 (-7.5%) |
| Studio | $1,960 | $1,800 | +$160 (+8.9%) |
| 1BR | $1,848 | $2,125 | −$277 (-13.1%) |
| 1BR | $1,906 | $2,125 | −$219 (-10.3%) |
| 2BR | $2,325 | $2,873 | −$548 (-19.1%) |
| 2BR | $2,795 | $2,873 | −$78 (-2.7%) |
| 3BR | $3,730 | $3,836 | −$106 (-2.8%) |
| 3BR | $3,600 | $3,836 | −$236 (-6.1%) |
| 4BR | $5,500 | $4,572 | +$928 (+20.3%) |
| 4BR | $3,599 | $4,572 | −$973 (-21.3%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.