Monthly Rent Report
Westlake Rent Report — May 2023
Asking rents in ZIP 90057, Los Angeles, from 310 listings.
Median 1BR rent in Westlake was $2,569 in May 2023, down 8.3% (−$231) from April 2023 and up 55.7% year-over-year. The middle half of 1BR listings asked between $2,454 and $2,685. That puts Westlake $447 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 310 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | +$5 (+0.3%) | −$1,000 (-40.0%) | $1,395 – $1,895 | 123 |
| Studio | $1,445 | −$50 (-3.3%) | −$1,055 (-42.2%) | $1,420 – $1,470 | 2 |
| 1BR | $2,569 | −$231 (-8.3%) | +$919 (+55.7%) | $2,454 – $2,685 | 2 |
| 1BR | $1,913 | −$887 (-31.7%) | +$263 (+15.9%) | $1,796 – $2,225 | 106 |
| 2BR | $2,600 | −$195 (-7.0%) | +$150 (+6.1%) | $2,408 – $2,600 | 7 |
| 2BR | $2,695 | −$100 (-3.6%) | +$245 (+10.0%) | $2,350 – $3,078 | 61 |
| 3BR | $3,204 | −$191 (-5.6%) | −$96 (-2.9%) | $3,204 – $3,204 | 1 |
| 3BR | $3,075 | −$320 (-9.4%) | −$225 (-6.8%) | $3,000 – $3,164 | 4 |
| 4BR | $3,290 | −$514 (-13.5%) | — | $3,290 – $3,290 | 1 |
| 4BR | $4,995 | +$1,191 (+31.3%) | — | $4,995 – $4,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Westlake vs. Los Angeles — May 2023
| Bedrooms | Westlake Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,750 | −$250 (-14.3%) |
| Studio | $1,445 | $1,750 | −$305 (-17.4%) |
| 1BR | $2,569 | $2,122 | +$447 (+21.1%) |
| 1BR | $1,913 | $2,122 | −$209 (-9.9%) |
| 2BR | $2,600 | $2,780 | −$180 (-6.5%) |
| 2BR | $2,695 | $2,780 | −$85 (-3.1%) |
| 3BR | $3,204 | $3,943 | −$739 (-18.7%) |
| 3BR | $3,075 | $3,943 | −$867 (-22.0%) |
| 4BR | $3,290 | $5,000 | −$1,710 (-34.2%) |
| 4BR | $4,995 | $5,000 | −$5 (-0.1%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.