Monthly Rent Report
Westlake Rent Report — August 2023
Asking rents in ZIP 90057, Los Angeles, from 88 listings.
Median 1BR rent in Westlake was $1,998 in August 2023, up 5.4% (+$103) from July 2023 and up 14.1% year-over-year. The middle half of 1BR listings asked between $1,825 and $2,356. That puts Westlake $103 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 88 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,300 | −$150 (-10.3%) | +$55 (+4.4%) | $1,300 – $1,300 | 2 |
| Studio | $1,495 | +$45 (+3.1%) | +$250 (+20.1%) | $1,356 – $1,600 | 34 |
| 1BR | $1,998 | +$103 (+5.4%) | +$248 (+14.1%) | $1,825 – $2,356 | 34 |
| 1BR | $2,070 | +$175 (+9.2%) | +$320 (+18.3%) | $2,055 – $2,085 | 2 |
| 2BR | $2,521 | $0 (0.0%) | −$26 (-1.0%) | $2,521 – $2,521 | 1 |
| 2BR | $2,600 | +$79 (+3.1%) | +$53 (+2.1%) | $2,600 – $2,600 | 13 |
| 3BR | $3,915 | +$465 (+13.5%) | +$315 (+8.8%) | $3,915 – $3,915 | 1 |
| 3BR | $3,400 | −$50 (-1.4%) | −$200 (-5.6%) | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Westlake vs. Los Angeles — August 2023
| Bedrooms | Westlake Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,300 | $1,775 | −$475 (-26.8%) |
| Studio | $1,495 | $1,775 | −$280 (-15.8%) |
| 1BR | $1,998 | $2,100 | −$102 (-4.9%) |
| 1BR | $2,070 | $2,100 | −$30 (-1.4%) |
| 2BR | $2,521 | $2,895 | −$374 (-12.9%) |
| 2BR | $2,600 | $2,895 | −$295 (-10.2%) |
| 3BR | $3,915 | $3,897 | +$18 (+0.5%) |
| 3BR | $3,400 | $3,897 | −$497 (-12.8%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.