Average Rent in PICO, Los Angeles, CA

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Current Versus Historical PICO, Los Angeles, CA Rents

PICO rentals average $1,980 for a studio rental to $7,500 for a 4-bedroom rental. The median price of all currently available listings is $4,448, or roughly $41 per square feet.

For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $50 (3.13%) year-over-year from $1,600 to $1,650. 1-bedroom rentals prices have increased by $558 (26.64%) year-over-year from $2,093 to $2,650. 2-bedroom rentals prices have increased by $791 (25.05%) year-over-year from $3,157 to $3,948. 3-bedroom rentals prices have increased by $676 (13.41%) year-over-year from $5,041 to $5,717. 4-bedroom rentals prices have increased by $3,676 (53.86%) year-over-year from $6,824 to $10,500. 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 7.37% this month. 1-bedroom rents have gone up by 8.98% this month. 2-bedroom rents have gone up by 6.28% this month. 3-bedroom rents have gone up by 7.61% this month. 4-bedroom rents have gone up by 47.29% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$43.33	$1,650	$1,600 (3.13%)	$1,765 (-6.51%)
1 BR	$38.34	$2,650	$2,093 (26.64%)	$2,427 (9.20%)
2 BR	$39.31	$3,948	$3,157 (25.05%)	$3,575 (10.42%)
3 BR	$42.00	$5,717	$5,041 (13.41%)	$4,865 (17.51%)
4+ BR	$42.71	$10,500	$6,824 (53.86%)	$6,348 (65.42%)

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 $4,386 per month. A total of 18 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,325, 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 $22,500 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 14.14% more expensive than other cities nearby. One bedrooms are about 4.51% more affordable. Two bedrooms in PICO, Los Angeles, CA are about 9.09% more expensive. Finally, rent for three bedrooms are about 10.00% 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	$1,500	$1,768	$2,495	$2,325
Inglewood, CA	$1,700	$1,995	$2,650	$2,600
Glendale, CA	$1,695	$2,150	$3,000	$2,895
Burbank, CA	$1,800	$2,450	$3,250	$3,450
Los Angeles, CA	$1,700	$2,300	$3,400	$3,700
West Hollywood, CA	$2,150	$3,295	$5,995	$4,500
Culver City, CA	N/A	$2,498	$3,850	$4,500
Santa Monica, CA	$2,350	$2,985	$5,400	$4,750
Beverly Hills, CA	$1,950	$3,395	$4,850	$10,500
Manhattan Beach, CA	$3,850	$2,650	$5,500	$14,000

Top Neighborhoods Near PICO

There are a total of 67 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 67 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 $3,753 per month. A total of 44 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than PICO's average rent, which is actually $4,448. Out of all the neighborhoods in or near PICO, Westlake has the most affordable average rent at $1,266 per month. Whereas, at $19,498 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	$1,242	$1,405	$2,745	$1,266
MacArthur Park, Los Angeles, CA	$1,225	$2,200	$3,197	$1,550
Pico Union, Los Angeles, CA	$1,395	$1,800	$2,499	$1,995
Wilshire Center - Koreatown, Los Angeles, CA	$1,399	$2,013	$2,800	$2,100
Rampart Village, Los Angeles, CA	$1,263	$1,900	$2,779	$2,198
East Hollywood, Los Angeles, CA	$1,549	$1,997	$2,795	$2,398
Voices of 90037, Los Angeles, CA	$1,295	$1,798	$2,348	$2,495
Congress North, Los Angeles, CA	$1,688	$1,681	$2,395	$2,500
UNNC, Los Angeles, CA	$1,447	$1,948	$2,500	$2,600
Hollywood Studio District, Los Angeles, CA	$1,475	$1,950	$3,195	$2,800
Downtown Los Angeles, Los Angeles, CA	$2,044	$2,800	$4,041	$2,800
Congress West, Los Angeles, CA	$1,495	$1,695	$2,995	$2,945
Greater Wilshire, Los Angeles, CA	$2,047	$2,095	$3,175	$3,150
Central Hollywood, Los Angeles, CA	$1,445	$2,150	$3,600	$3,200
Palms, Los Angeles, CA	$2,235	$3,373	$3,750	$3,395
Silver Lake, Los Angeles, CA	$1,750	$2,400	$4,775	$3,495
Olympic Park, Los Angeles, CA	$1,673	$2,098	$2,995	$3,500
Mar Vista, Los Angeles, CA	$2,795	$2,698	$3,248	$3,500
West Adams, Los Angeles, CA	$2,250	$1,775	$2,745	$3,753
South Robertson, Los Angeles, CA	$2,200	$2,395	$3,425	$3,795
West Los Angeles, Los Angeles, CA	$1,874	$2,475	$3,750	$3,795
Mid City, Los Angeles, CA	$1,495	$1,950	$2,545	$4,206
Marina del Rey, Los Angeles, CA	$2,161	$3,031	$4,897	$4,350
Mid-City West, Los Angeles, CA	$1,750	$2,995	$4,425	$4,850
Hollywood United, Los Angeles, CA	$5,400	$2,948	$4,050	$4,960
Westwood, Los Angeles, CA	$2,150	$3,000	$4,973	$5,000
Hollywood Hills West, Los Angeles, CA	$1,795	$2,293	$3,995	$5,250
Westside, Los Angeles, CA	$2,300	$2,795	$4,250	$5,250
Studio City, Los Angeles, CA	$1,549	$2,995	$4,000	$6,495
Bel Air-Beverly Crest, Los Angeles, CA	$2,200	$2,825	$7,000	$19,498

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 $4,100. That's roughly around $38 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 $3,600. Vice versa, with an average rent of $4,950, Orange, CA is the most expensive county by PICO, Los Angeles, CA.

Typically, rent for studios in PICO, Los Angeles, CA is 8.59% more affordable than other counties nearby. In comparison, rent for one bedroom listings in PICO, Los Angeles, CA is 5.20% more affordable than other counties nearby. Finally, rent for two bedrooms in PICO, Los Angeles, CA is 14.36% 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	$1,700	$2,250	$3,250	$3,600
Ventura, CA	$2,150	$2,500	$3,000	$4,100
Orange, CA	$2,550	$2,595	$3,600	$4,950

Top Zipcodes Near PICO

There are a total of 47 zipcodes in or near PICO, Los Angeles, CA. The average rent for all of these zipcodes is $3,500. A total of 34 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 $1,500 per month. In comparison, the zipcode with the most expensive average rent of $23,500 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,725. That's at least $44 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 $2,398 per month. Or in other words, $40 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,320 per month. Which comes out to $38 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	$1,650	$2,100	$3,275	$3,750
90016, Los Angeles, CA	$1,873	$1,860	$2,600	$3,753
90036, Los Angeles, CA	$1,725	$2,495	$4,067	$3,841
90035, Los Angeles, CA	$2,273	$2,425	$3,495	$3,800
90048, Los Angeles, CA	$1,866	$2,995	$4,495	$5,375
90034, Los Angeles, CA	$2,650	$3,343	$3,320	$3,375
90008, Los Angeles, CA	$1,495	$1,745	$2,895	$2,548
90018, Los Angeles, CA	$1,323	$1,495	$2,595	$2,765
90005, Los Angeles, CA	$1,395	$2,048	$3,050	$2,198
90020, Los Angeles, CA	$1,516	$1,888	$2,700	$2,173

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 $4,448. 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 $1,980 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 $2,377 and an average price per square feet of $38.34. There are a total of 22 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 $3,795 and an average price per square feet of $39.31. There are a total of 33 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 0.03%, one bedroom rental prices have changed by 0.27%, two bedroom rental prices have changed by 0.25%, three bedroom rental prices have changed by 0.13% 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 $3,558/month. You can search for these reasonably priced rental listings on RentHop.