Monthly Rent Report
Westwood Rent Report — May 2024
Asking rents in ZIP 90024, Los Angeles, from 988 listings.
Median 1BR rent in Westwood was $2,945 in May 2024, up 47.6% (+$950) from April 2024 and down 4.8% year-over-year. The middle half of 1BR listings asked between $2,920 and $2,970. That puts Westwood $850 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 988 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,250 | −$48 (-2.1%) | +$25 (+1.1%) | $2,250 – $2,250 | 1 |
| Studio | $2,200 | −$98 (-4.3%) | −$25 (-1.1%) | $1,998 – $2,375 | 170 |
| 1BR | $2,945 | +$950 (+47.6%) | −$150 (-4.8%) | $2,920 – $2,970 | 2 |
| 1BR | $3,195 | +$1,200 (+60.2%) | +$100 (+3.2%) | $2,699 – $4,461 | 519 |
| 2BR | $2,895 | −$100 (-3.3%) | −$605 (-17.3%) | $2,895 – $2,895 | 1 |
| 2BR | $3,500 | +$505 (+16.9%) | $0 (0.0%) | $3,500 – $3,500 | 4 |
| 3BR | $4,750 | −$4,195 (-46.9%) | −$1,245 (-20.8%) | $4,750 – $4,750 | 1 |
| 3BR | $7,612 | −$1,333 (-14.9%) | +$1,617 (+27.0%) | $6,000 – $9,963 | 215 |
| 4BR | $7,850 | −$945 (-10.7%) | −$1,150 (-12.8%) | $6,300 – $11,848 | 11 |
| 4BR | $9,200 | +$405 (+4.6%) | +$200 (+2.2%) | $6,795 – $14,995 | 37 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Westwood vs. Los Angeles — May 2024
| Bedrooms | Westwood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,250 | $1,795 | +$455 (+25.3%) |
| Studio | $2,200 | $1,795 | +$405 (+22.6%) |
| 1BR | $2,945 | $2,095 | +$850 (+40.6%) |
| 1BR | $3,195 | $2,095 | +$1,100 (+52.5%) |
| 2BR | $2,895 | $2,850 | +$45 (+1.6%) |
| 2BR | $3,500 | $2,850 | +$650 (+22.8%) |
| 3BR | $4,750 | $3,969 | +$782 (+19.7%) |
| 3BR | $7,612 | $3,969 | +$3,644 (+91.8%) |
| 4BR | $7,850 | $5,175 | +$2,675 (+51.7%) |
| 4BR | $9,200 | $5,175 | +$4,025 (+77.8%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.