Monthly Rent Report

Van Nuys Rent Report — October 2023

Asking rents in ZIP 91406, Los Angeles, from 62 listings.

Median 1BR rent in Van Nuys was $1,800 in October 2023, down 14.1% (−$295) from September 2023 and down 9.8% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Van Nuys $198 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 62 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2023Vs. October 2022P25–P75 RangeListings
Studio$1,700−$137 (-7.5%)−$279 (-14.1%)$1,700 – $1,7001
Studio$2,300+$463 (+25.2%)+$321 (+16.2%)$1,549 – $2,3005
1BR$1,800−$295 (-14.1%)−$195 (-9.8%)$1,800 – $1,8001
1BR$1,900−$195 (-9.3%)−$95 (-4.8%)$1,900 – $1,9001
2BR$2,595+$595 (+29.8%)+$270 (+11.6%)$2,595 – $2,5951
2BR$2,495+$495 (+24.8%)+$170 (+7.3%)$2,495 – $2,8009
3BR$4,500+$1,000 (+28.6%)+$905 (+25.2%)$4,250 – $4,7502
3BR$3,999+$499 (+14.3%)+$404 (+11.2%)$3,800 – $4,49533
4BR$4,297−$998 (-18.8%)+$397 (+10.2%)$4,297 – $4,2971
4BR$5,950+$655 (+12.4%)+$2,050 (+52.6%)$5,786 – $5,9504

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

Van Nuys vs. Los AngelesOctober 2023

BedroomsVan Nuys MedianLos Angeles Citywide MedianDifference
Studio$1,700$1,700$0 (0.0%)
Studio$2,300$1,700+$600 (+35.3%)
1BR$1,800$1,998−$197 (-9.9%)
1BR$1,900$1,998−$97 (-4.9%)
2BR$2,595$2,750−$155 (-5.6%)
2BR$2,495$2,750−$255 (-9.3%)
3BR$4,500$4,195+$305 (+7.3%)
3BR$3,999$4,195−$196 (-4.7%)
4BR$4,297$5,275−$978 (-18.5%)
4BR$5,950$5,275+$675 (+12.8%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.

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