Monthly Rent Report
Westwood Rent Report — December 2023
Asking rents in ZIP 90024, Los Angeles, from 82 listings.
Median 1BR rent in Westwood was $3,750 in December 2023, up 27.3% (+$805) from November 2023 and up 50.3% year-over-year. The middle half of 1BR listings asked between $3,750 and $3,750. That puts Westwood $1,621 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 82 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,775 | +$625 (+29.1%) | +$575 (+26.1%) | $2,775 – $2,775 | 3 |
| Studio | $2,700 | +$550 (+25.6%) | +$500 (+22.7%) | $2,625 – $2,869 | 10 |
| 1BR | $3,750 | +$805 (+27.3%) | +$1,255 (+50.3%) | $3,750 – $3,750 | 1 |
| 1BR | $4,000 | +$1,055 (+35.8%) | +$1,505 (+60.3%) | $3,663 – $4,000 | 16 |
| 2BR | $3,750 | −$1,072 (-22.2%) | −$150 (-3.8%) | $3,750 – $3,750 | 1 |
| 2BR | $5,100 | +$278 (+5.8%) | +$1,200 (+30.8%) | $4,688 – $6,000 | 16 |
| 3BR | $11,500 | +$5,705 (+98.4%) | +$5,000 (+76.9%) | $7,350 – $11,500 | 9 |
| 3BR | $11,500 | +$5,705 (+98.4%) | +$5,000 (+76.9%) | $11,500 – $11,500 | 3 |
| 4BR | $7,975 | +$980 (+14.0%) | −$4,925 (-38.2%) | $7,975 – $7,975 | 3 |
| 4BR | $7,775 | +$780 (+11.2%) | −$5,125 (-39.7%) | $7,500 – $8,100 | 9 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Westwood vs. Los Angeles — December 2023
| Bedrooms | Westwood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,775 | $1,750 | +$1,025 (+58.6%) |
| Studio | $2,700 | $1,750 | +$950 (+54.3%) |
| 1BR | $3,750 | $2,129 | +$1,621 (+76.1%) |
| 1BR | $4,000 | $2,129 | +$1,871 (+87.9%) |
| 2BR | $3,750 | $2,795 | +$955 (+34.2%) |
| 2BR | $5,100 | $2,795 | +$2,305 (+82.5%) |
| 3BR | $11,500 | $3,923 | +$7,578 (+193.2%) |
| 3BR | $11,500 | $3,923 | +$7,578 (+193.2%) |
| 4BR | $7,975 | $4,750 | +$3,225 (+67.9%) |
| 4BR | $7,775 | $4,750 | +$3,025 (+63.7%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.