Monthly Rent Report
Venice Rent Report — December 2017
Asking rents in ZIP 90291, Los Angeles, from 90 listings.
Median 1BR rent in Venice was $3,900 in December 2017, up 3.4% (+$130) from November 2017 and up 32.3% year-over-year. The middle half of 1BR listings asked between $3,588 and $4,600. That puts Venice $1,862 above the Los Angeles citywide 1BR median of $2,038. The month's figures are based on 90 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2017 | Vs. December 2016 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $3,900 | +$130 (+3.4%) | +$953 (+32.3%) | $3,588 – $4,600 | 61 |
| 2BR | $3,829 | −$591 (-13.4%) | −$20 (-0.5%) | $3,263 – $4,359 | 24 |
| 3BR | $4,659 | +$664 (+16.6%) | −$3,841 (-45.2%) | $3,995 – $4,659 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2017. Changes compare against the nearest prior month with data.
Venice vs. Los Angeles — December 2017
| Bedrooms | Venice Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $3,900 | $2,038 | +$1,862 (+91.4%) |
| 2BR | $3,829 | $2,495 | +$1,334 (+53.5%) |
| 3BR | $4,659 | $3,145 | +$1,514 (+48.1%) |
Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in December 2017.