Monthly Rent Report
Venice Rent Report — April 2018
Asking rents in ZIP 90291, Los Angeles, from 124 listings.
Median 1BR rent in Venice was $3,122 in April 2018, down 13.3% (−$478) from March 2018 and down 5.4% year-over-year. The middle half of 1BR listings asked between $2,739 and $3,990. That puts Venice $1,140 above the Los Angeles citywide 1BR median of $1,983. The month's figures are based on 124 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2018 | Vs. April 2017 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,570 | — | −$280 (-15.1%) | $1,570 – $1,570 | 3 |
| 1BR | $3,122 | −$478 (-13.3%) | −$177 (-5.4%) | $2,739 – $3,990 | 54 |
| 2BR | $4,175 | −$495 (-10.6%) | −$775 (-15.7%) | $3,598 – $4,306 | 63 |
| 3BR | $5,250 | — | −$3,250 (-38.2%) | $5,189 – $5,250 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2018. Changes compare against the nearest prior month with data.
Venice vs. Los Angeles — April 2018
| Bedrooms | Venice Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,570 | $1,673 | −$103 (-6.2%) |
| 1BR | $3,122 | $1,983 | +$1,140 (+57.5%) |
| 2BR | $4,175 | $2,600 | +$1,575 (+60.6%) |
| 3BR | $5,250 | $3,191 | +$2,060 (+64.6%) |
Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in April 2018.