Average Rent in PICO, Los Angeles, CA

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Current Versus Historical PICO, Los Angeles, CA Rents

PICO rentals average $1,650 for a studio rental to $9,995 for a 4-bedroom rental. The median price of all currently available listings is $4,951, or roughly $42 per square feet.

For the apartment units and housing in September 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $108 (-6.25%) year-over-year from $1,733 to $1,625. 1-bedroom rentals prices have increased by $227 (10.32%) year-over-year from $2,198 to $2,425. 2-bedroom rentals prices have increased by $1,200 (36.38%) year-over-year from $3,300 to $4,500. 3-bedroom rentals prices have increased by $587 (11.66%) year-over-year from $5,033 to $5,620. 4-bedroom rentals prices have increased by $3,457 (41.70%) year-over-year from $8,291 to $11,748. 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 down by 5.80% this month. 1-bedroom rents have gone up by 7.04% this month. 2-bedroom rents have gone up by 16.88% this month. 3-bedroom rents have gone up by 3.48% this month. 4-bedroom rents have gone up by 54.20% this month.

Beds	Price / Sqft	Sep 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$43.33	$1,625	$1,733 (-6.25%)	$1,750 (-7.14%)
1 BR	$39.90	$2,425	$2,198 (10.32%)	$2,347 (3.34%)
2 BR	$41.25	$4,500	$3,300 (36.38%)	$3,083 (45.95%)
3 BR	$41.85	$5,620	$5,033 (11.66%)	$4,833 (16.27%)
4+ BR	$46.08	$11,748	$8,291 (41.70%)	$6,898 (70.29%)

Historical Rents in PICO, Los Angeles, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near PICO

There are a total of 37 cities nearby PICO. The average rent in PICO is currently $4,100 per month. A total of 25 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near PICO, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $25,000 per month.

Let's compare PICO, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in PICO, Los Angeles, CA is 6.06% more affordable than other cities nearby. One bedrooms are about 7.12% more affordable. Two bedrooms in PICO, Los Angeles, CA are about 26.16% more expensive. Finally, rent for three bedrooms are about 11.71% more expensive. Want more information? Check out the top 10 cities out of 37 total cities near PICO, Los Angeles, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Hawthorne, CA	$1,650	$1,795	$2,445	$2,100
Inglewood, CA	$1,700	$1,995	$2,500	$2,450
Glendale, CA	$1,750	$2,100	$3,000	$2,998
Burbank, CA	$2,450	$2,225	$3,200	$3,400
Los Angeles, CA	$1,750	$2,300	$3,395	$3,745
Culver City, CA	$2,588	$2,438	$3,500	$3,950
West Hollywood, CA	$2,195	$3,100	$6,240	$4,472
Santa Monica, CA	$2,423	$2,998	$5,000	$4,500
Beverly Hills, CA	$2,050	$3,550	$4,750	$8,900
Manhattan Beach, CA	N/A	$3,895	$6,100	$12,850

Top Neighborhoods Near PICO

There are a total of 70 neighborhoods in or near PICO. Some of these neighborhoods include Westlake, MacArthur Park, and Pico Union. We've included the top 30 neighborhoods out of 70 total neighborhoods in or near PICO, Los Angeles, CA in the following table.

The average rent for these 30 neighborhoods in or near PICO, Los Angeles, CA is currently around $3,775 per month. A total of 55 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than PICO's average rent, which is actually $4,951. Out of all the neighborhoods in or near PICO, Westlake has the most affordable average rent at $1,235 per month. Whereas, at $18,500 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near PICO. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Westlake, Los Angeles, CA	$1,235	$1,242	$2,495	$1,235
MacArthur Park, Los Angeles, CA	$1,297	$2,100	$2,950	$1,688
Pico Union, Los Angeles, CA	$1,400	$1,700	$2,450	$1,900
Rampart Village, Los Angeles, CA	$1,195	$1,745	$2,745	$2,098
Wilshire Center - Koreatown, Los Angeles, CA	$1,450	$1,995	$2,922	$2,148
Park Mesa Heights, Los Angeles, CA	$2,750	$1,795	$2,495	$2,250
East Hollywood, Los Angeles, CA	$1,395	$1,975	$2,784	$2,345
Congress West, Los Angeles, CA	$1,694	$1,660	$2,800	$2,395
Hollywood Studio District, Los Angeles, CA	$1,495	$1,950	$2,900	$2,400
Voices of 90037, Los Angeles, CA	$1,385	$1,673	$2,400	$2,400
Congress North, Los Angeles, CA	$1,745	$1,700	$2,350	$2,490
Downtown Los Angeles, Los Angeles, CA	$2,198	$2,700	$4,000	$2,800
Central Hollywood, Los Angeles, CA	$1,545	$1,995	$3,097	$2,825
UNNC, Los Angeles, CA	$1,450	$1,898	$2,945	$2,995
Palms, Los Angeles, CA	$1,823	$2,895	$3,323	$3,074
Greater Wilshire, Los Angeles, CA	$1,930	$2,283	$2,938	$3,500
Olympic Park, Los Angeles, CA	$1,795	$2,095	$2,945	$3,500
Mar Vista, Los Angeles, CA	$2,695	$2,975	$3,198	$3,595
West Los Angeles, Los Angeles, CA	$1,925	$2,395	$3,745	$3,673
South Robertson, Los Angeles, CA	$2,495	$2,495	$3,423	$3,895
Mid City, Los Angeles, CA	$2,250	$1,995	$2,638	$3,925
Mid-City West, Los Angeles, CA	$2,123	$2,995	$4,199	$4,300
Marina del Rey, Los Angeles, CA	$2,370	$3,518	$4,775	$4,398
Hollywood United, Los Angeles, CA	$1,750	$2,625	$4,250	$4,500
Silver Lake, Los Angeles, CA	$2,325	$2,700	$4,350	$4,950
Hollywood Hills West, Los Angeles, CA	$1,811	$2,397	$3,925	$5,000
Westwood, Los Angeles, CA	$2,200	$3,425	$5,100	$5,048
Westside, Los Angeles, CA	$1,997	$2,750	$4,500	$5,395
Studio City, Los Angeles, CA	$1,549	$2,950	$3,450	$7,375
Bel Air-Beverly Crest, Los Angeles, CA	$2,500	$4,600	$7,000	$18,500

Top Counties Near PICO

There are a total of 3 counties located by PICO, 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 $4,075. That's roughly around $38 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Los Angeles, CA. Its average rent per month is $3,650. Vice versa, with an average rent of $4,800, Orange, CA is the most expensive county by PICO, Los Angeles, CA.

Typically, rent for studios in PICO, Los Angeles, CA is 33.03% more affordable than other counties nearby. In comparison, rent for one bedroom listings in PICO, Los Angeles, CA is 1.10% more affordable than other counties nearby. Finally, rent for two bedrooms in PICO, Los Angeles, CA is 30.35% more expensive 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	$3,202	$3,650
Ventura, CA	$2,195	$2,300	$2,950	$4,075
Orange, CA	$2,600	$2,550	$3,500	$4,800

Top Zipcodes Near PICO

There are a total of 48 zipcodes in or near PICO, Los Angeles, CA. The average rent for all of these zipcodes is $3,596. A total of 38 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 $22,975 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,749. 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 PICO, Los Angeles, CA is $2,358 per month. Or in other words, $40 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,202 per month. Which comes out to $37 per sqft. The following table includes the top 10 zipcodes in PICO, 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	$1,600	$2,095	$4,180	$4,195
90016, Los Angeles, CA	$1,995	$1,875	$2,798	$3,050
90036, Los Angeles, CA	$1,645	$3,095	$3,865	$3,768
90035, Los Angeles, CA	$2,495	$2,588	$3,500	$4,057
90048, Los Angeles, CA	$3,295	$2,898	$4,495	$5,000
90034, Los Angeles, CA	$2,695	$2,945	$3,200	$3,350
90008, Los Angeles, CA	$1,694	$1,700	$2,700	$2,190
90018, Los Angeles, CA	$1,495	$1,895	$2,543	$2,898
90005, Los Angeles, CA	$1,450	$2,000	$3,200	$2,049
90020, Los Angeles, CA	$1,550	$1,900	$2,900	$2,343

Frequently Asked Questions - PICO Average Rents

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

The average monthly rental price for PICO, Los Angeles, CA apartments for rent is approximately $4,951. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do PICO, 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 PICO, Los Angeles, CA.

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

The average monthly rental price for studio apartments is $1,650 and an average price per square feet of $43.33. There are a total of 5 studio apartment listings currently available for rent in PICO.

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

The average monthly rental price for one bedroom apartments is $2,275 and an average price per square feet of $39.90. There are a total of 14 one bedroom apartment listings currently available for rent in PICO.

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

The average monthly rental price for two bedroom apartments is $4,598 and an average price per square feet of $41.25. There are a total of 48 two bedroom apartment listings currently available for rent in PICO.

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

Rent prices for rentals in PICO, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.06%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.36%, three bedroom rental prices have changed by 0.12% year-over-year.

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

A reasonable rent price in PICO, Los Angeles, CA is around $3,961/month. You can search for these reasonably priced rental listings on RentHop.