Monthly Rent Report

Van Nuys Rent Report — March 2024

Asking rents in ZIP 91406, Los Angeles, from 543 listings.

Median 1BR rent in Van Nuys was $2,269 in March 2024, up 1.7% (+$39) from February 2024 and up 26.4% year-over-year. The middle half of 1BR listings asked between $2,077 and $2,364. That puts Van Nuys $124 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 543 listings across 14 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2024Vs. March 2023P25–P75 RangeListings
Studio$1,575+$50 (+3.3%)−$125 (-7.4%)$1,525 – $1,69949
Studio$1,475−$50 (-3.3%)−$225 (-13.2%)$1,475 – $1,4751
1BR$2,269+$39 (+1.7%)+$474 (+26.4%)$2,077 – $2,36456
1BR$1,745−$485 (-21.7%)−$50 (-2.8%)$1,708 – $1,8246
1BR$1,800−$430 (-19.3%)+$5 (+0.3%)$1,750 – $1,995102
2BR$2,658+$126 (+5.0%)+$163 (+6.5%)$2,395 – $2,78594
2BR$2,677+$145 (+5.7%)+$182 (+7.3%)$2,638 – $2,79798
2BR$2,886+$354 (+14.0%)+$391 (+15.7%)$2,886 – $2,8861
3BR$3,500−$1,026 (-22.7%)−$230 (-6.2%)$3,500 – $3,5001
3BR$3,730−$796 (-17.6%)$0 (0.0%)$3,655 – $4,30079
4BR$5,100+$1,100 (+27.5%)+$1,105 (+27.7%)$4,499 – $5,62320
4BR$5,000+$1,000 (+25.0%)+$1,005 (+25.2%)$4,495 – $5,49927

Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.

Van Nuys vs. Los AngelesMarch 2024

BedroomsVan Nuys MedianLos Angeles Citywide MedianDifference
Studio$1,575$1,723−$147 (-8.6%)
Studio$1,475$1,723−$247 (-14.4%)
1BR$2,269$2,145+$124 (+5.8%)
1BR$1,745$2,145−$400 (-18.6%)
1BR$1,800$2,145−$345 (-16.1%)
2BR$2,658$2,850−$192 (-6.7%)
2BR$2,677$2,850−$173 (-6.1%)
2BR$2,886$2,850+$36 (+1.3%)
3BR$3,500$3,762−$262 (-7.0%)
3BR$3,730$3,762−$32 (-0.9%)
4BR$5,100$4,950+$150 (+3.0%)
4BR$5,000$4,950+$50 (+1.0%)

Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.

Advertisement