Average Rent in PICO, Los Angeles, CA

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Current Versus Historical PICO, Los Angeles, CA Rents

PICO rentals average $2,125 for a studio rental to $6,950 for a 4-bedroom rental. The median price of all currently available listings is $4,348, or roughly $3 per square feet.
For the apartment units and housing in February 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $829 (56.37%) year-over-year from $1,471 to $2,300. 1-bedroom rentals prices have increased by $429 (18.67%) year-over-year from $2,297 to $2,726. 2-bedroom rentals prices have increased by $354 (11.24%) year-over-year from $3,146 to $3,500. 3-bedroom rentals prices have decreased by $365 (-6.76%) year-over-year from $5,404 to $5,039. 4-bedroom rentals prices have decreased by $417 (-6.03%) year-over-year from $6,912 to $6,495. 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 10.42% this month. 1-bedroom rents have gone up by 10.13% this month. 2-bedroom rents have gone down by 0.43% this month. 3-bedroom rents have gone up by 6.71% this month. 4-bedroom rents have gone down by 2.45% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.45 $2,300 $1,471 (56.37%) $2,414 (-4.74%)
1 BR $5.29 $2,726 $2,297 (18.67%) $2,287 (19.21%)
2 BR $3.32 $3,500 $3,146 (11.24%) $3,208 (9.12%)
3 BR $3.11 $5,039 $5,404 (-6.76%) $4,830 (4.33%)
4+ BR $3.32 $6,495 $6,912 (-6.03%) $5,990 (8.43%)

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 22 cities nearby PICO. The average rent in PICO is currently $4,270 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Inglewood, CA, with an average rent of $2,945, 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 $35,000 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 1.15% more affordable than other cities nearby. One bedrooms are about 0.04% more expensive. Two bedrooms in PICO, Los Angeles, CA are about 2.34% more affordable. Finally, rent for three bedrooms are about 1.28% more expensive. Want more information? Check out the top 10 cities out of 22 total cities near PICO, Los Angeles, CA in the following chart.
City Studio 1 Bed 2 Bed All
Inglewood, CA $1,800 $2,100 $2,945 $2,945
Long Beach, CA $1,948 $2,320 $3,000 $3,000
Burbank, CA N/A $2,495 $3,395 $3,448
Glendale, CA N/A $2,495 $3,300 $3,500
Torrance, CA $1,700 $2,275 $3,070 $3,700
Redondo Beach, CA $2,550 $3,300 $3,564 $4,125
Santa Monica, CA $3,223 $3,500 $4,395 $4,145
Los Angeles, CA $2,149 $2,700 $3,750 $4,395
West Hollywood, CA $2,750 $3,348 $5,500 $5,000
Beverly Hills, CA $2,450 $3,909 $6,000 $6,825

Top Neighborhoods Near PICO

There are a total of 31 neighborhoods in or near PICO. Some of these neighborhoods include Mar Vista, Congress North, and Historic Cultural. We've included the top 30 neighborhoods out of 31 total neighborhoods in or near PICO, Los Angeles, CA in the following chart.

The average rent for these 30 neighborhoods in or near PICO, Los Angeles, CA is currently around $4,500 per month. A total of 13 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $4,500. Interestingly, the neighborhoods' average rent is higher than PICO's average rent, which is only $4,348. Out of all the neighborhoods in or near PICO, Mar Vista has the most affordable average rent at $2,999 per month. Whereas, at $22,000 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near PICO. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Mar Vista, Los Angeles, CA $2,500 $2,420 $4,395 $2,999
Congress North, Los Angeles, CA N/A $1,795 $2,610 $3,170
Historic Cultural, Los Angeles, CA $2,900 $2,900 $3,500 $3,195
Wilshire Center - Koreatown, Los Angeles, CA $1,950 $2,738 $3,815 $3,200
Irvine Business Complex, Irvine, CA $2,403 $2,772 $3,673 $3,276
Downtown Los Angeles, Los Angeles, CA $2,200 $2,972 $4,900 $3,395
Mid-Town North Hollywood, Los Angeles, CA $2,195 $2,300 $3,345 $3,900
West Los Angeles, Los Angeles, CA $1,945 $2,595 $3,795 $3,990
Greater Valley Glen, Los Angeles, CA $2,200 $1,985 $3,950 $4,000
Greater Wilshire, Los Angeles, CA $1,750 $3,600 $3,550 $4,095
Hollywood Studio District, Los Angeles, CA N/A $2,295 $3,635 $4,125
South Robertson, Los Angeles, CA $1,850 $2,395 $3,550 $4,252
Wilshire-Montana, Santa Monica, CA N/A $3,495 $4,698 $4,293
Westwood, Los Angeles, CA $2,195 $3,700 $4,498 $4,495
Central Hollywood, Los Angeles, CA N/A $3,381 $4,500 $4,495
Northridge, Los Angeles, CA $1,650 $1,998 $3,325 $4,500
West Hills, Los Angeles, CA $2,050 $2,300 N/A $4,525
Mid City, Los Angeles, CA $1,750 N/A $2,750 $4,650
Mid-City West, Los Angeles, CA $2,173 $3,195 $4,275 $4,800
Westside, Los Angeles, CA $2,500 $2,660 $4,700 $4,895
Venice, Los Angeles, CA $2,775 $3,950 $5,900 $5,500
Brentwood, Los Angeles, CA N/A $3,000 $4,415 $5,948
Sherman Oaks, Los Angeles, CA $1,995 $2,425 $3,500 $5,995
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,400 $3,000 $6,540
Hollywood Hills West, Los Angeles, CA $2,148 $2,800 $4,400 $7,400
Tarzana, Los Angeles, CA $1,993 $2,050 $3,300 $7,995
Hollywood United, Los Angeles, CA $1,745 $2,748 $4,530 $8,948
Studio City, Los Angeles, CA N/A $2,350 $3,750 $8,995
Encino, Los Angeles, CA N/A $2,200 $3,150 $9,475
Bel Air-Beverly Crest, Los Angeles, CA $2,450 $3,475 $9,700 $22,000

Top Counties Near PICO

There are a total of 31 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 $4,250. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Los Angeles, CA. It's average rent per month is $4,200. Vice versa, with an average rent of $5,125, Orange, CA is the most expensive county by PICO, Los Angeles, CA.

Typically, rent for studios in PICO, Los Angeles, CA is 8.24% more affordable than other counties nearby. In comparison, rent for one bedroom listings in PICO, Los Angeles, CA is 2.79% more expensive than other counties nearby. Finally, rent for two bedrooms in PICO, Los Angeles, CA is on par with the other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Los Angeles, CA $2,150 $2,650 $3,500 $4,200
Ventura, CA $2,374 $2,350 $3,195 $4,250
Orange, CA $2,300 $2,749 $3,792 $5,125

Top Zipcodes Near PICO

There are a total of 6 zipcodes in or near PICO, Los Angeles, CA. The average rent for all of these zipcodes is $4,830. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90034, Los Angeles, CA at $4,100 per month. In comparison, the zipcode with the most expensive average rent of $9,748 per month is 91604, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,997. That's at least $4 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 $2,800 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,100 per month. Which comes out to $4 per sqft. The following chart includes the top 6 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
90036, Los Angeles, CA $1,599 $3,187 $4,413 $5,163
90034, Los Angeles, CA $3,195 $2,600 $4,200 $4,100
90024, Los Angeles, CA $2,395 $3,600 $4,000 $4,145
91604, Los Angeles, CA N/A $2,300 $3,775 $9,748
90049, Los Angeles, CA $2,398 $3,000 $5,000 $6,245
91367, Los Angeles, CA N/A $2,348 $3,000 $4,498

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 $4,348. 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 $2,125 and an average price per square feet of $5.45. There are a total of 6 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 $2,726 and an average price per square feet of $5.29. There are a total of 5 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 $3,500 and an average price per square feet of $3.32. There are a total of 13 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 0.56%, one bedroom rental prices have changed by 0.19%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by -0.07% 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 $3,478/month. You can search for these reasonably priced rental listings on RentHop.
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