Monthly Rent Report
Van Nuys Rent Report — May 2024
Asking rents in ZIP 91406, Los Angeles, from 898 listings.
Median 1BR rent in Van Nuys was $1,994 in May 2024, up 7.8% (+$144) from April 2024 and up 5.2% year-over-year. The middle half of 1BR listings asked between $1,799 and $2,195. That puts Van Nuys $101 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 898 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$25 (+1.6%) | +$42 (+2.7%) | $1,550 – $1,895 | 13 |
| Studio | $1,604 | +$29 (+1.8%) | +$46 (+2.9%) | $1,500 – $1,702 | 50 |
| Studio | $1,475 | −$100 (-6.3%) | −$83 (-5.3%) | $1,475 – $1,475 | 1 |
| 1BR | $1,994 | +$144 (+7.8%) | +$99 (+5.2%) | $1,799 – $2,195 | 160 |
| 1BR | $2,230 | +$380 (+20.5%) | +$335 (+17.7%) | $2,077 – $2,269 | 151 |
| 1BR | $1,950 | +$100 (+5.4%) | +$55 (+2.9%) | $1,950 – $1,950 | 1 |
| 2BR | $2,724 | +$274 (+11.2%) | +$375 (+16.0%) | $2,559 – $2,888 | 2 |
| 2BR | $3,092 | +$642 (+26.2%) | +$744 (+31.7%) | $2,940 – $3,316 | 149 |
| 2BR | $2,785 | +$335 (+13.7%) | +$437 (+18.6%) | $2,362 – $3,064 | 205 |
| 3BR | $3,600 | −$130 (-3.5%) | −$2,150 (-37.4%) | $3,295 – $3,950 | 21 |
| 3BR | $3,295 | −$435 (-11.7%) | −$2,455 (-42.7%) | $3,295 – $3,295 | 1 |
| 3BR | $3,730 | $0 (0.0%) | −$2,020 (-35.1%) | $3,655 – $4,199 | 106 |
| 4BR | $4,625 | +$80 (+1.8%) | −$124 (-2.6%) | $4,500 – $5,499 | 24 |
| 4BR | $4,545 | $0 (0.0%) | −$204 (-4.3%) | $4,545 – $4,545 | 1 |
| 4BR | $3,917 | −$628 (-13.8%) | −$833 (-17.5%) | $3,833 – $4,124 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Van Nuys vs. Los Angeles — May 2024
| Bedrooms | Van Nuys Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,795 | −$195 (-10.9%) |
| Studio | $1,604 | $1,795 | −$191 (-10.7%) |
| Studio | $1,475 | $1,795 | −$320 (-17.8%) |
| 1BR | $1,994 | $2,095 | −$101 (-4.8%) |
| 1BR | $2,230 | $2,095 | +$135 (+6.4%) |
| 1BR | $1,950 | $2,095 | −$145 (-6.9%) |
| 2BR | $2,724 | $2,850 | −$126 (-4.4%) |
| 2BR | $3,092 | $2,850 | +$242 (+8.5%) |
| 2BR | $2,785 | $2,850 | −$65 (-2.3%) |
| 3BR | $3,600 | $3,969 | −$368 (-9.3%) |
| 3BR | $3,295 | $3,969 | −$673 (-17.0%) |
| 3BR | $3,730 | $3,969 | −$238 (-6.0%) |
| 4BR | $4,625 | $5,175 | −$550 (-10.6%) |
| 4BR | $4,545 | $5,175 | −$630 (-12.2%) |
| 4BR | $3,917 | $5,175 | −$1,258 (-24.3%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.