Average Rent in Pico Union, Los Angeles, CA

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Current Versus Historical Pico Union, Los Angeles, CA Rents

Pico Union rentals average $1,395 for a studio rental to $4,125 for a 4-bedroom rental. The median price of all currently available listings is $1,995, or roughly $33 per square feet.

For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $152 (12.20%) year-over-year from $1,246 to $1,398. 1-bedroom rentals prices have decreased by $88 (-4.65%) year-over-year from $1,888 to $1,800. 2-bedroom rentals prices have increased by $138 (5.82%) year-over-year from $2,362 to $2,499. 3-bedroom rentals prices have decreased by $703 (-20.06%) year-over-year from $3,503 to $2,800. 4-bedroom rentals prices have increased by $701 (20.24%) year-over-year from $3,462 to $4,163. 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 8.42% this month. 1-bedroom rents have gone up by 1.48% this month. 2-bedroom rents have gone up by 0.31% this month. 3-bedroom rents have gone down by 5.56% this month. 4-bedroom rents have gone up by 9.07% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$41.85	$1,398	$1,246 (12.20%)	$1,377 (1.51%)
1 BR	$33.23	$1,800	$1,888 (-4.65%)	$1,863 (-3.40%)
2 BR	$34.04	$2,499	$2,362 (5.82%)	$2,338 (6.91%)
3 BR	$33.46	$2,800	$3,503 (-20.06%)	$3,394 (-17.51%)
4+ BR	$26.70	$4,163	$3,462 (20.24%)	$4,415 (-5.71%)

Historical Rents in Pico Union, Los Angeles, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Pico Union

There are a total of 35 cities nearby Pico Union. The average rent in Pico Union is currently $4,048 per month. 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 Union, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $22,500 per month.

Let's compare Pico Union, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Pico Union, Los Angeles, CA is 21.86% more affordable than other cities nearby. One bedrooms are about 37.22% more affordable. Two bedrooms in Pico Union, Los Angeles, CA are about 36.05% more affordable. Finally, rent for three bedrooms are about 76.79% more affordable. Want more information? Check out the top 10 cities out of 35 total cities near Pico Union, 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
Alhambra, CA	$1,688	$1,875	$2,500	$2,650
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

Top Neighborhoods Near Pico Union

There are a total of 67 neighborhoods in or near Pico Union. Some of these neighborhoods include Westlake, MacArthur Park, and Wilshire Center - Koreatown. We've included the top 30 neighborhoods out of 67 total neighborhoods in or near Pico Union, Los Angeles, CA in the following table.

The average rent for these 30 neighborhoods in or near Pico Union, Los Angeles, CA is currently around $3,795 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-eight neighborhoods have a higher average rent than $3,795. Interestingly, the neighborhoods' average rent is higher than Pico Union's average rent, which is only $1,995. Out of all the neighborhoods in or near Pico Union, 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 Union. 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
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
Congress Southeast, Los Angeles, CA	$2,121	$2,100	$2,500	$2,424
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
Historic Cultural, Los Angeles, CA	$2,080	$2,328	$2,987	$2,810
Greater Echo Park Elysian, Los Angeles, CA	$1,627	$2,300	$2,895	$2,895
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
Mar Vista, Los Angeles, CA	$2,795	$2,698	$3,248	$3,500
Olympic Park, Los Angeles, CA	$1,673	$2,098	$2,995	$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
Highland Park, Los Angeles, CA	$1,950	$2,147	$3,350	$4,000
Mid City, Los Angeles, CA	$1,495	$1,950	$2,545	$4,206
Greater Griffith Park, Los Angeles, CA	$1,875	$2,350	$4,054	$4,225
PICO, Los Angeles, CA	$1,980	$2,377	$3,795	$4,448
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
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

Top Counties Near Pico Union

There are a total of 3 counties located by Pico Union, 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. 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 Union, Los Angeles, CA.

Typically, rent for studios in Pico Union, Los Angeles, CA is 54.12% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Pico Union, Los Angeles, CA is 38.89% more affordable than other counties nearby. Finally, rent for two bedrooms in Pico Union, Los Angeles, CA is 30.05% 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	$1,700	$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 Union

There are a total of 46 zipcodes in or near Pico Union, Los Angeles, CA. The average rent for all of these zipcodes is $3,625. One zipcode has 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 $1,700. 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 Union, Los Angeles, CA is $2,412 per month. Or in other words, $41 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,400 per month. Which comes out to $39 per sqft. The following table includes the top 10 zipcodes in Pico Union, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
90006, Los Angeles, CA	$1,399	$1,800	$2,598	$2,041
90015, Los Angeles, CA	$1,300	$2,750	$4,400	$2,800
90007, Los Angeles, CA	$1,700	$1,738	$2,345	$2,500
90017, Los Angeles, CA	$1,975	$2,800	$3,600	$2,700
90057, Los Angeles, CA	$1,199	$1,803	$2,123	$1,500
90005, Los Angeles, CA	$1,395	$2,048	$3,050	$2,198
90020, Los Angeles, CA	$1,516	$1,888	$2,700	$2,173
90018, Los Angeles, CA	$1,323	$1,495	$2,595	$2,765
90013, Los Angeles, CA	$1,950	$2,550	$3,850	$2,448
90004, Los Angeles, CA	$1,395	$2,173	$2,995	$2,395

Frequently Asked Questions - Pico Union Average Rents

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

The average monthly rental price for Pico Union, Los Angeles, CA apartments for rent is approximately $1,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Pico Union, 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 Union, Los Angeles, CA.

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

The average monthly rental price for studio apartments is $1,395 and an average price per square feet of $41.85. There are a total of 20 studio apartment listings currently available for rent in Pico Union.

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

The average monthly rental price for one bedroom apartments is $1,800 and an average price per square feet of $33.23. There are a total of 31 one bedroom apartment listings currently available for rent in Pico Union.

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

The average monthly rental price for two bedroom apartments is $2,499 and an average price per square feet of $34.04. There are a total of 18 two bedroom apartment listings currently available for rent in Pico Union.

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

Rent prices for rentals in Pico Union, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.12%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.06%, three bedroom rental prices have changed by -0.20% year-over-year.

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

A reasonable rent price in Pico Union, Los Angeles, CA is around $1,596/month. You can search for these reasonably priced rental listings on RentHop.