Monthly Rent Report
Venice Rent Report — August 2024
Asking rents in ZIP 90291, Los Angeles, from 241 listings.
Median 1BR rent in Venice was $3,749 in August 2024, down 67.4% (−$7,751) from July 2024. The middle half of 1BR listings asked between $2,471 and $4,805. That puts Venice $1,654 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 241 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,150 | +$25 (+1.2%) | — | $2,078 – $2,311 | 44 |
| 1BR | $3,749 | −$7,751 (-67.4%) | — | $2,471 – $4,805 | 112 |
| 2BR | $5,112 | −$888 (-14.8%) | −$2,388 (-31.8%) | $4,138 – $6,099 | 62 |
| 3BR | $15,000 | +$7,505 (+100.1%) | — | $15,000 – $15,000 | 3 |
| 4BR | $13,248 | +$748 (+6.0%) | — | $11,500 – $15,000 | 18 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Venice vs. Los Angeles — August 2024
| Bedrooms | Venice Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,150 | $1,750 | +$400 (+22.9%) |
| 1BR | $3,749 | $2,095 | +$1,654 (+78.9%) |
| 2BR | $5,112 | $2,795 | +$2,317 (+82.9%) |
| 3BR | $15,000 | $4,000 | +$11,000 (+275.0%) |
| 4BR | $13,248 | $4,895 | +$8,353 (+170.6%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.