Monthly Rent Report
Venice Rent Report — May 2018
Asking rents in ZIP 90291, Los Angeles, from 131 listings.
Median 1BR rent in Venice was $2,986 in May 2018, down 4.4% (−$136) from April 2018 and down 13.4% year-over-year. The middle half of 1BR listings asked between $2,656 and $3,638. That puts Venice $786 above the Los Angeles citywide 1BR median of $2,200. The month's figures are based on 131 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2018 | Vs. May 2017 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,986 | −$136 (-4.4%) | −$463 (-13.4%) | $2,656 – $3,638 | 30 |
| 1BR | $2,986 | −$136 (-4.4%) | −$463 (-13.4%) | $2,674 – $3,655 | 23 |
| 2BR | $4,123 | −$52 (-1.2%) | +$24 (+0.6%) | $4,066 – $4,236 | 44 |
| 2BR | $4,097 | −$78 (-1.9%) | −$2 (-0.0%) | $4,052 – $4,225 | 31 |
| 3BR | $5,006 | −$244 (-4.6%) | +$737 (+17.3%) | $5,006 – $5,006 | 2 |
| 3BR | $5,006 | −$244 (-4.6%) | +$737 (+17.3%) | $5,006 – $5,006 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2018. Changes compare against the nearest prior month with data.
Venice vs. Los Angeles — May 2018
| Bedrooms | Venice Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,986 | $2,200 | +$786 (+35.7%) |
| 1BR | $2,986 | $2,200 | +$786 (+35.7%) |
| 2BR | $4,123 | $2,695 | +$1,428 (+53.0%) |
| 2BR | $4,097 | $2,695 | +$1,402 (+52.0%) |
| 3BR | $5,006 | $3,795 | +$1,211 (+31.9%) |
| 3BR | $5,006 | $3,795 | +$1,211 (+31.9%) |
Citywide figure is the median of zip-level medians across 118 Los Angeles zip codes with listings in May 2018.