Average Rent in PICO, Los Angeles, CA

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Current Versus Historical PICO, Los Angeles, CA Rents

PICO rentals average $1,898 for a studio rental to $8,231 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $42 per square feet.

For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $113 (6.31%) year-over-year from $1,783 to $1,895. 1-bedroom rentals prices have decreased by $15 (-0.64%) year-over-year from $2,315 to $2,300. 2-bedroom rentals prices have increased by $850 (25.37%) year-over-year from $3,350 to $4,200. 3-bedroom rentals prices have increased by $815 (17.40%) year-over-year from $4,685 to $5,500. 4-bedroom rentals prices have increased by $773 (10.37%) year-over-year from $7,457 to $8,231. 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 4.41% this month. 1-bedroom rents have gone up by 1.55% this month. 2-bedroom rents have gone up by 11.79% this month. 3-bedroom rents have gone up by 1.23% this month. 4-bedroom rents have gone up by 17.61% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$38.67	$1,895	$1,783 (6.31%)	$2,017 (-6.03%)
1 BR	$44.87	$2,300	$2,315 (-0.64%)	$2,413 (-4.70%)
2 BR	$39.93	$4,200	$3,350 (25.37%)	$3,017 (39.23%)
3 BR	$43.89	$5,500	$4,685 (17.40%)	$5,400 (1.85%)
4+ BR	$42.35	$8,231	$7,457 (10.37%)	$7,599 (8.31%)

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 36 cities nearby PICO. The average rent in PICO is currently $4,173 per month. A total of 22 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $1,950, 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 6.61% more expensive than other cities nearby. One bedrooms are about 8.33% more affordable. Two bedrooms in PICO, Los Angeles, CA are about 14.96% more expensive. Finally, rent for three bedrooms are about 10.67% more expensive. Want more information? Check out the top 10 cities out of 36 total cities near PICO, Los Angeles, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Hawthorne, CA	$1,650	$1,795	$2,460	$1,950
Inglewood, CA	$1,700	$2,098	$2,500	$2,495
Glendale, CA	$1,695	$2,250	$3,000	$3,150
Culver City, CA	$3,000	$2,425	$3,400	$3,500
Burbank, CA	N/A	$2,300	$3,295	$3,500
Los Angeles, CA	$1,749	$2,295	$3,395	$3,656
West Hollywood, CA	$2,220	$3,150	$5,550	$4,195
Santa Monica, CA	$2,350	$3,188	$5,000	$4,500
Beverly Hills, CA	$2,600	$3,150	$4,800	$7,500
Manhattan Beach, CA	$3,900	$5,875	$7,398	$9,648

Top Neighborhoods Near PICO

There are a total of 69 neighborhoods in or near PICO. Some of these neighborhoods include Westlake, MacArthur Park, and Wilshire Center - Koreatown. We've included the top 30 neighborhoods out of 69 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 $3,750 per month. A total of 49 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than PICO's average rent, which is actually $4,500. Out of all the neighborhoods in or near PICO, Westlake has the most affordable average rent at $1,234 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	$1,205	$1,242	$2,400	$1,234
MacArthur Park, Los Angeles, CA	$1,450	$1,850	$2,945	$1,750
Wilshire Center - Koreatown, Los Angeles, CA	$1,475	$1,995	$2,900	$2,148
Park Mesa Heights, Los Angeles, CA	$2,200	$1,825	$2,423	$2,200
Congress West, Los Angeles, CA	$1,696	$1,745	$2,700	$2,200
East Hollywood, Los Angeles, CA	$1,495	$1,950	$2,780	$2,250
Pico Union, Los Angeles, CA	$1,398	$1,688	$2,490	$2,280
Rampart Village, Los Angeles, CA	$1,522	$1,750	$2,900	$2,373
Hollywood Studio District, Los Angeles, CA	$1,500	$1,845	$2,700	$2,395
Congress North, Los Angeles, CA	$1,685	$1,850	$2,200	$2,400
Olympic Park, Los Angeles, CA	$1,660	$1,900	$2,745	$2,800
Downtown Los Angeles, Los Angeles, CA	$2,145	$2,665	$4,125	$2,800
UNNC, Los Angeles, CA	$1,495	$1,975	$2,900	$2,900
Central Hollywood, Los Angeles, CA	$1,600	$2,050	$2,850	$3,199
West Adams, Los Angeles, CA	$1,900	$1,895	$2,600	$3,291
Palms, Los Angeles, CA	$1,850	$3,266	$3,948	$3,360
Mar Vista, Los Angeles, CA	$1,900	$2,749	$3,080	$3,455
Greater Wilshire, Los Angeles, CA	$1,690	$2,300	$2,900	$3,495
West Los Angeles, Los Angeles, CA	$1,795	$2,298	$3,900	$3,750
Mid City, Los Angeles, CA	$1,960	$2,100	$2,563	$3,850
South Robertson, Los Angeles, CA	$1,775	$2,395	$3,895	$4,079
Hollywood Hills West, Los Angeles, CA	$1,795	$2,399	$3,600	$4,200
Silver Lake, Los Angeles, CA	$2,098	$2,797	$4,375	$4,200
Marina del Rey, Los Angeles, CA	$2,503	$3,250	$4,548	$4,203
Mid-City West, Los Angeles, CA	$1,710	$2,995	$4,097	$4,598
Westside, Los Angeles, CA	$1,895	$2,397	$4,750	$4,998
Westwood, Los Angeles, CA	$2,290	$3,325	$5,000	$5,048
Hollywood United, Los Angeles, CA	$2,438	$2,300	$3,999	$5,450
Studio City, Los Angeles, CA	$2,300	$2,500	$3,898	$8,000
Bel Air-Beverly Crest, Los Angeles, CA	$2,200	$4,625	$7,600	$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 $3,999. That's roughly around $39 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Los Angeles, CA. Its average rent per month is $3,595. 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 0.79% more affordable than other counties nearby. In comparison, rent for one bedroom listings in PICO, Los Angeles, CA is 6.67% more affordable than other counties nearby. Finally, rent for two bedrooms in PICO, Los Angeles, CA is 19.90% 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	$1,725	$2,250	$3,200	$3,595
Ventura, CA	$1,913	$2,400	$2,900	$3,999
Orange, CA	$2,600	$2,650	$3,598	$4,800

Top Zipcodes Near PICO

There are a total of 49 zipcodes in or near PICO, Los Angeles, CA. The average rent for all of these zipcodes is $3,700. A total of 40 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 $1,550 per month. In comparison, the zipcode with the most expensive average rent of $24,500 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,795. That's at least $46 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 $2,370 per month. Or in other words, $41 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,348 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	$1,623	$2,100	$3,800	$3,800
90016, Los Angeles, CA	$2,200	$2,000	$2,650	$3,254
90036, Los Angeles, CA	$1,650	$2,950	$3,995	$3,995
90035, Los Angeles, CA	$2,173	$2,500	$3,900	$4,145
90048, Los Angeles, CA	$1,972	$3,150	$4,873	$5,995
90034, Los Angeles, CA	$1,900	$2,650	$3,600	$3,700
90008, Los Angeles, CA	$1,696	$1,698	$2,495	$2,149
90018, Los Angeles, CA	$1,495	$1,973	$2,395	$2,495
90005, Los Angeles, CA	$1,463	$2,348	$2,950	$2,350
90010, Los Angeles, CA	$2,077	$2,320	$3,100	$2,418

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 $4,500. 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 $1,898 and an average price per square feet of $38.67. 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 $2,250 and an average price per square feet of $44.87. There are a total of 18 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 $3,995 and an average price per square feet of $39.93. There are a total of 49 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 -0.01%, two bedroom rental prices have changed by 0.25%, three bedroom rental prices have changed by 0.17% 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 $3,600/month. You can search for these reasonably priced rental listings on RentHop.