Monthly Rent Report
Westlake Rent Report — July 2023
Asking rents in ZIP 90057, Los Angeles, from 100 listings.
Median 1BR rent in Westlake was $1,825 in July 2023, down 8.5% (−$170) from June 2023 and down 2.4% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,120. That puts Westlake $300 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 100 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$55 (-3.8%) | −$15 (-1.1%) | $1,375 – $1,445 | 5 |
| Studio | $1,450 | $0 (0.0%) | +$40 (+2.8%) | $1,350 – $1,595 | 48 |
| 1BR | $1,825 | −$170 (-8.5%) | −$44 (-2.4%) | $1,800 – $2,120 | 8 |
| 1BR | $1,895 | −$100 (-5.0%) | +$26 (+1.4%) | $1,895 – $1,895 | 5 |
| 2BR | $2,521 | −$174 (-6.5%) | −$74 (-2.9%) | $2,521 – $2,521 | 1 |
| 2BR | $2,666 | −$29 (-1.1%) | +$71 (+2.7%) | $2,450 – $2,796 | 28 |
| 3BR | $3,450 | +$298 (+9.5%) | +$500 (+16.9%) | $3,425 – $3,475 | 2 |
| 3BR | $3,500 | +$348 (+11.0%) | +$550 (+18.6%) | $3,450 – $3,650 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Westlake vs. Los Angeles — July 2023
| Bedrooms | Westlake Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,800 | −$405 (-22.5%) |
| Studio | $1,450 | $1,800 | −$350 (-19.4%) |
| 1BR | $1,825 | $2,125 | −$300 (-14.1%) |
| 1BR | $1,895 | $2,125 | −$230 (-10.8%) |
| 2BR | $2,521 | $2,873 | −$352 (-12.3%) |
| 2BR | $2,666 | $2,873 | −$207 (-7.2%) |
| 3BR | $3,450 | $3,836 | −$386 (-10.1%) |
| 3BR | $3,500 | $3,836 | −$336 (-8.8%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.