Monthly Rent Report
Venice Rent Report — October 2017
Asking rents in ZIP 90291, Los Angeles, from 41 listings.
Median 1BR rent in Venice was $3,858 in October 2017, up 18.7% (+$609) from September 2017 and up 13.8% year-over-year. The middle half of 1BR listings asked between $3,078 and $3,974. That puts Venice $1,913 above the Los Angeles citywide 1BR median of $1,945. The month's figures are based on 41 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2017 | Vs. October 2016 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$1,005 (-40.2%) | −$710 (-32.2%) | $1,495 – $1,495 | 2 |
| 1BR | $3,858 | +$609 (+18.7%) | +$468 (+13.8%) | $3,078 – $3,974 | 30 |
| 2BR | $4,289 | −$211 (-4.7%) | −$185 (-4.1%) | $3,099 – $4,610 | 9 |
Median, P25, and P75 are asking rents from listings posted in October 2017. Changes compare against the nearest prior month with data.
Venice vs. Los Angeles — October 2017
| Bedrooms | Venice Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,715 | −$220 (-12.8%) |
| 1BR | $3,858 | $1,945 | +$1,913 (+98.3%) |
| 2BR | $4,289 | $2,519 | +$1,770 (+70.3%) |
Citywide figure is the median of zip-level medians across 122 Los Angeles zip codes with listings in October 2017.