Monthly Rent Report

Westwood Rent Report — September 2023

Asking rents in ZIP 90024, Los Angeles, from 55 listings.

Median 1BR rent in Westwood was $2,650 in September 2023, down 3.6% (−$100) from August 2023 and up 9.3% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,800. That puts Westwood $650 above the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 55 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2023Vs. September 2022P25–P75 RangeListings
Studio$3,595+$1,547 (+75.5%)+$1,123 (+45.4%)$3,595 – $3,5951
Studio$2,450+$402 (+19.6%)−$22 (-0.9%)$2,188 – $2,5743
1BR$2,650−$100 (-3.6%)+$225 (+9.3%)$2,500 – $2,8004
1BR$1,500−$1,250 (-45.5%)−$925 (-38.1%)$1,500 – $1,5001
2BR$4,100+$303 (+8.0%)−$395 (-8.8%)$4,100 – $4,1005
2BR$3,873+$75 (+2.0%)−$622 (-13.8%)$3,584 – $4,1612
3BR$4,395−$1,991 (-31.2%)−$1,505 (-25.5%)$4,395 – $4,3951
3BR$7,548+$1,162 (+18.2%)+$1,648 (+27.9%)$5,450 – $8,95020
4BR$9,995−$3,505 (-26.0%)+$1,005 (+11.2%)$9,995 – $9,9953
4BR$9,995−$3,505 (-26.0%)+$1,005 (+11.2%)$9,995 – $9,9951

Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.

Westwood vs. Los AngelesSeptember 2023

BedroomsWestwood MedianLos Angeles Citywide MedianDifference
Studio$3,595$1,795+$1,800 (+100.3%)
Studio$2,450$1,795+$655 (+36.5%)
1BR$2,650$2,000+$650 (+32.5%)
1BR$1,500$2,000−$500 (-25.0%)
2BR$4,100$2,750+$1,350 (+49.1%)
2BR$3,873$2,750+$1,123 (+40.8%)
3BR$4,395$3,948+$448 (+11.3%)
3BR$7,548$3,948+$3,600 (+91.2%)
4BR$9,995$5,000+$4,995 (+99.9%)
4BR$9,995$5,000+$4,995 (+99.9%)

Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.

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