Monthly Rent Report
Venice Rent Report — May 2024
Asking rents in ZIP 90291, Los Angeles, from 604 listings.
Median 1BR rent in Venice was $5,005 in May 2024, up 5.0% (+$241) from April 2024. The middle half of 1BR listings asked between $2,996 and $5,021. That puts Venice $2,910 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 604 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,147 | — | — | $2,061 – $2,299 | 26 |
| Studio | $2,147 | — | — | $2,061 – $2,299 | 26 |
| 1BR | $5,005 | +$241 (+5.0%) | — | $2,996 – $5,021 | 98 |
| 1BR | $5,005 | +$241 (+5.0%) | — | $2,996 – $5,021 | 98 |
| 2BR | $6,165 | −$200 (-3.1%) | — | $5,350 – $6,253 | 140 |
| 2BR | $6,165 | −$200 (-3.1%) | — | $5,350 – $6,253 | 140 |
| 3BR | $7,975 | — | — | $7,975 – $7,975 | 2 |
| 3BR | $7,600 | — | — | $6,725 – $12,500 | 36 |
| 4BR | $12,000 | — | — | $11,000 – $15,000 | 17 |
| 4BR | $12,000 | — | — | $11,000 – $15,000 | 17 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Venice vs. Los Angeles — May 2024
| Bedrooms | Venice Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,147 | $1,795 | +$352 (+19.6%) |
| Studio | $2,147 | $1,795 | +$352 (+19.6%) |
| 1BR | $5,005 | $2,095 | +$2,910 (+138.9%) |
| 1BR | $5,005 | $2,095 | +$2,910 (+138.9%) |
| 2BR | $6,165 | $2,850 | +$3,315 (+116.3%) |
| 2BR | $6,165 | $2,850 | +$3,315 (+116.3%) |
| 3BR | $7,975 | $3,969 | +$4,007 (+101.0%) |
| 3BR | $7,600 | $3,969 | +$3,632 (+91.5%) |
| 4BR | $12,000 | $5,175 | +$6,825 (+131.9%) |
| 4BR | $12,000 | $5,175 | +$6,825 (+131.9%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.