Monthly Rent Report

Van Nuys Rent Report — August 2023

Asking rents in ZIP 91406, Los Angeles, from 83 listings.

Median 1BR rent in Van Nuys was $1,825 in August 2023, down 1.2% (−$22) from July 2023 and down 1.1% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,950. That puts Van Nuys $275 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 83 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2023Vs. August 2022P25–P75 RangeListings
Studio$1,650−$310 (-15.8%)+$178 (+12.1%)$1,650 – $1,6501
Studio$1,350−$610 (-31.1%)−$122 (-8.3%)$1,350 – $1,90015
1BR$1,825−$22 (-1.2%)−$20 (-1.1%)$1,825 – $1,95013
1BR$2,478+$631 (+34.1%)+$633 (+34.3%)$2,478 – $2,4781
2BR$2,995+$200 (+7.2%)+$773 (+34.8%)$2,800 – $3,3483
2BR$2,325−$470 (-16.8%)+$103 (+4.6%)$2,225 – $2,69120
3BR$4,200+$600 (+16.7%)+$605 (+16.8%)$4,200 – $4,2001
3BR$3,655+$55 (+1.5%)+$60 (+1.7%)$3,495 – $3,7309
4BR$5,295−$205 (-3.7%)+$1,400 (+35.9%)$4,534 – $5,29514
4BR$3,795−$1,705 (-31.0%)−$100 (-2.6%)$3,795 – $3,7951

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

Van Nuys vs. Los AngelesAugust 2023

BedroomsVan Nuys MedianLos Angeles Citywide MedianDifference
Studio$1,650$1,775−$125 (-7.0%)
Studio$1,350$1,775−$425 (-23.9%)
1BR$1,825$2,100−$275 (-13.1%)
1BR$2,478$2,100+$378 (+18.0%)
2BR$2,995$2,895+$100 (+3.5%)
2BR$2,325$2,895−$570 (-19.7%)
3BR$4,200$3,897+$303 (+7.8%)
3BR$3,655$3,897−$242 (-6.2%)
4BR$5,295$5,163+$133 (+2.6%)
4BR$3,795$5,163−$1,367 (-26.5%)

Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.

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