Average Rent in 90016, Los Angeles, CA

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Current Versus Historical 90016, Los Angeles, CA Rents

90016 rentals average $1,995 for a studio rental to $4,745 for a 4-bedroom rental. The median price of all currently available listings is $3,799, or roughly $35 per square feet.

For the apartment units and housing in August 2026, median rents have fallen over the last year. Studio rentals prices have increased by $524 (35.65%) year-over-year from $1,471 to $1,995. 1-bedroom rentals prices have decreased by $176 (-8.69%) year-over-year from $2,021 to $1,845. 2-bedroom rentals prices have increased by $110 (4.10%) year-over-year from $2,687 to $2,798. 3-bedroom rentals prices have decreased by $125 (-2.82%) year-over-year from $4,425 to $4,300. 4-bedroom rentals prices have decreased by $1,403 (-23.19%) year-over-year from $6,048 to $4,645. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 12.39% this month. 1-bedroom rents have gone up by 3.18% this month. 2-bedroom rents have gone up by 2.79% this month. 3-bedroom rents have gone up by 0.43% this month. 4-bedroom rents have gone down by 1.06% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$52.04	$1,995	$1,471 (35.65%)	$1,690 (18.05%)
1 BR	$34.48	$1,845	$2,021 (-8.69%)	$2,093 (-11.86%)
2 BR	$38.73	$2,798	$2,687 (4.10%)	$2,765 (1.18%)
3 BR	$38.55	$4,300	$4,425 (-2.82%)	$4,182 (2.83%)
4+ BR	$31.23	$4,645	$6,048 (-23.19%)	$5,233 (-11.24%)

Historical Rents in 90016, Los Angeles, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 90016

There are a total of 38 cities nearby 90016. The average rent in 90016 is currently $4,086 per month. A total of 16 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,195, is the most affordable city nearby. In contrast, the most expensive city near 90016, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $25,000 per month.

Let's compare 90016, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 90016, Los Angeles, CA is 12.28% more expensive than other cities nearby. One bedrooms are about 31.03% more affordable. Two bedrooms in 90016, Los Angeles, CA are about 17.77% more affordable. Finally, rent for three bedrooms are about 12.44% more affordable. Want more information? Check out the top 10 cities out of 38 total cities near 90016, Los Angeles, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Hawthorne, CA	$1,645	$1,770	$2,600	$2,195
Inglewood, CA	$1,700	$1,995	$2,500	$2,450
Burbank, CA	$1,848	$2,400	$2,995	$3,348
Los Angeles, CA	$1,750	$2,300	$3,350	$3,695
Culver City, CA	$2,638	$2,500	$3,500	$4,173
Santa Monica, CA	$2,325	$2,995	$4,975	$4,495
West Hollywood, CA	$2,173	$3,295	$6,200	$4,750
Beverly Hills, CA	$2,050	$3,600	$4,773	$8,500
Manhattan Beach, CA	N/A	$6,200	$6,000	$9,500
Hermosa Beach, CA	N/A	$3,600	$4,563	$10,995

Top Neighborhoods Near 90016

There are a total of 75 neighborhoods in or near 90016. Some of these neighborhoods include Wilshire Center - Koreatown, Pico Union, and Hollywood Studio District. We've included the top 30 neighborhoods out of 75 total neighborhoods in or near 90016, Los Angeles, CA in the following table.

The average rent for these 30 neighborhoods in or near 90016, Los Angeles, CA is currently around $3,683 per month. A total of 40 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than 90016's average rent, which is actually $3,799. Out of all the neighborhoods in or near 90016, Westlake has the most affordable average rent at $1,350 per month. Whereas, at $18,990 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near 90016. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Wilshire Center - Koreatown, Los Angeles, CA	$1,498	$2,100	$2,852	$2,200
Pico Union, Los Angeles, CA	$1,395	$1,800	$2,450	$2,303
Hollywood Studio District, Los Angeles, CA	$1,495	$1,895	$2,995	$2,395
Congress North, Los Angeles, CA	$1,700	$1,699	$2,393	$2,450
Congress West, Los Angeles, CA	$1,696	$1,650	$2,975	$2,700
UNNC, Los Angeles, CA	$1,450	$1,848	$2,895	$2,750
Downtown Los Angeles, Los Angeles, CA	$2,172	$2,700	$3,950	$2,800
Historic Cultural, Los Angeles, CA	$2,088	$2,428	$3,061	$2,801
Olympic Park, Los Angeles, CA	$1,395	$2,095	$2,790	$2,995
Mid-Town North Hollywood, Los Angeles, CA	$1,673	$1,995	$2,888	$3,208
Greater Wilshire, Los Angeles, CA	$1,798	$2,348	$2,950	$3,349
West Los Angeles, Los Angeles, CA	$1,648	$2,395	$3,643	$3,400
Palms, Los Angeles, CA	$2,285	$3,478	$3,795	$3,478
Mar Vista, Los Angeles, CA	$2,695	$2,975	$3,098	$3,495
West Adams, Los Angeles, CA	$1,995	N/A	$2,785	$3,683
South Robertson, Los Angeles, CA	$1,900	$2,545	$3,400	$3,750
Mid City, Los Angeles, CA	N/A	$2,045	$2,795	$3,995
Westchester-Playa Del Rey, Los Angeles, CA	$1,673	$2,975	$4,200	$4,095
Mid-City West, Los Angeles, CA	$1,695	$2,899	$4,348	$4,250
Marina del Rey, Los Angeles, CA	$2,217	$3,213	$4,756	$4,400
Westwood, Los Angeles, CA	$2,400	$3,230	$4,600	$4,573
Sherman Oaks, Los Angeles, CA	$1,832	$2,150	$2,900	$4,750
Woodland Hills-Warner Center, Los Angeles, CA	$2,334	$2,422	$3,250	$4,750
PICO, Los Angeles, CA	$1,650	$2,200	$4,000	$4,950
Westside, Los Angeles, CA	$2,399	$2,798	$4,015	$5,195
Hollywood Hills West, Los Angeles, CA	$1,750	$2,303	$3,995	$5,375
Venice, Los Angeles, CA	$2,295	$3,600	$5,750	$6,150
Studio City, Los Angeles, CA	$1,587	$2,950	$3,495	$6,250
Brentwood, Los Angeles, CA	$1,953	$3,200	$4,900	$7,393
Bel Air-Beverly Crest, Los Angeles, CA	$2,750	$4,700	$8,950	$18,990

Top Counties Near 90016

There are a total of 3 counties located by 90016, Los Angeles, CA. Some of these counties include Los Angeles, CA, Ventura, CA, and Orange, CA. The average rent for rentals in these counties is $4,000. That's roughly around $38 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Los Angeles, CA. Its average rent per month is $3,600. Vice versa, with an average rent of $4,750, Orange, CA is the most expensive county by 90016, Los Angeles, CA.

Typically, rent for studios in 90016, Los Angeles, CA is 2.76% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 90016, Los Angeles, CA is 27.37% more affordable than other counties nearby. Finally, rent for two bedrooms in 90016, Los Angeles, CA is 14.29% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Los Angeles, CA	$1,750	$2,289	$3,200	$3,600
Ventura, CA	$2,050	$2,350	$2,995	$4,000
Orange, CA	$2,649	$2,550	$3,500	$4,750

Top Zipcodes Near 90016

There are a total of 48 zipcodes in or near 90016, Los Angeles, CA. The average rent for all of these zipcodes is $3,423. A total of 27 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90057, Los Angeles, CA at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $22,500 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,761. That's at least $48 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 90016, Los Angeles, CA is $2,391 per month. Or in other words, $41 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,244 per month. Which comes out to $38 per sqft. The following table includes the top 10 zipcodes in 90016, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
90019, Los Angeles, CA	$1,554	$2,095	$3,995	$4,000
90069, Los Angeles, CA	$2,795	$3,495	$6,500	$6,348
90046, Los Angeles, CA	$1,999	$2,750	$4,625	$4,950
90035, Los Angeles, CA	$2,398	$2,575	$3,475	$3,873
90034, Los Angeles, CA	$2,595	$3,095	$3,225	$3,450
90025, Los Angeles, CA	$1,772	$2,399	$3,795	$3,845
90048, Los Angeles, CA	$1,998	$2,975	$4,600	$5,000
90210, Los Angeles, CA	N/A	$4,850	$5,995	$22,500
90004, Los Angeles, CA	$1,343	$2,195	$2,800	$2,650
90291, Los Angeles, CA	$2,247	$3,475	$4,995	$5,448

Frequently Asked Questions - 90016 Average Rents

What is the average rent price in 90016, Los Angeles, CA?

The average monthly rental price for 90016, Los Angeles, CA apartments for rent is approximately $3,799. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 90016, Los Angeles, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 90016, Los Angeles, CA.

How much is a studio apartment in 90016, Los Angeles, CA?

The average monthly rental price for studio apartments is $1,995 and an average price per square feet of $52.04. There are a total of 1 studio apartment listings currently available for rent in 90016.

How much is a one bedroom apartment in 90016, Los Angeles, CA?

The average monthly rental price for one bedroom apartments is $1,845 and an average price per square feet of $34.48. There are a total of 4 one bedroom apartment listings currently available for rent in 90016.

How much is a two bedroom apartment in 90016, Los Angeles, CA?

The average monthly rental price for two bedroom apartments is $2,800 and an average price per square feet of $38.73. There are a total of 37 two bedroom apartment listings currently available for rent in 90016.

How have rent prices in 90016, Los Angeles, CA changed this year?

Rent prices for rentals in 90016, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.36%, one bedroom rental prices have changed by -0.09%, two bedroom rental prices have changed by 0.04%, three bedroom rental prices have changed by -0.03% year-over-year.

What is a reasonable rent price in 90016, Los Angeles, CA?

A reasonable rent price in 90016, Los Angeles, CA is around $3,039/month. You can search for these reasonably priced rental listings on RentHop.