Average Rent in PICO, Los Angeles, CA

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Current Versus Historical PICO, Los Angeles, CA Rents

PICO rentals average $2,000 for a studio rental to $8,250 for a 4-bedroom rental. The median price of all currently available listings is $3,850, or roughly $3 per square feet.

For the apartment units and housing in January 2025, median rents have risen over the last year. Studio rentals prices have increased by $231 (13.05%) year-over-year from $1,769 to $2,000. 1-bedroom rentals prices have increased by $149 (6.33%) year-over-year from $2,351 to $2,500. 2-bedroom rentals prices have increased by $505 (16.87%) year-over-year from $2,995 to $3,500. 3-bedroom rentals prices have decreased by $305 (-6.22%) year-over-year from $4,903 to $4,598. 4-bedroom rentals prices have increased by $163 (2.19%) year-over-year from $7,462 to $7,625. 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 12.04% this month. 1-bedroom rents have gone up by 8.50% this month. 2-bedroom rents have gone up by 2.02% this month. 3-bedroom rents have gone up by 3.50% this month. 4-bedroom rents have gone up by 33.18% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.62	$2,000	$1,769 (13.05%)	$2,498 (-19.95%)
1 BR	$4.03	$2,500	$2,351 (6.33%)	$2,235 (11.86%)
2 BR	$3.16	$3,500	$2,995 (16.87%)	$3,124 (12.03%)
3 BR	$3.22	$4,598	$4,903 (-6.22%)	$4,932 (-6.78%)
4+ BR	$3.86	$7,625	$7,462 (2.19%)	$5,582 (36.61%)

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 23 cities nearby PICO. The average rent in PICO is currently $4,267 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Long Beach, CA, with an average rent of $2,848, 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 $30,250 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 9.75% more affordable than other cities nearby. One bedrooms are about 8.18% more expensive. Two bedrooms in PICO, Los Angeles, CA are about 1.35% more expensive. Finally, rent for three bedrooms are about 8.59% more affordable. Want more information? Check out the top 10 cities out of 23 total cities near PICO, Los Angeles, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Long Beach, CA	$2,460	$2,475	$3,200	$2,848
Inglewood, CA	$1,648	$2,148	$2,750	$2,873
Glendale, CA	$2,509	$2,488	$3,149	$3,050
Burbank, CA	N/A	$3,247	$3,500	$3,800
Torrance, CA	$1,748	$2,095	$3,400	$3,850
Santa Monica, CA	$3,292	$3,200	$4,350	$3,995
Redondo Beach, CA	$2,995	$3,300	$3,848	$4,098
Los Angeles, CA	$2,200	$2,750	$3,795	$4,267
West Hollywood, CA	$2,778	$3,398	$5,695	$5,025
Beverly Hills, CA	$2,195	$3,900	$6,498	$7,995

Top Neighborhoods Near PICO

There are a total of 31 neighborhoods in or near PICO. Some of these neighborhoods include Wilshire Center - Koreatown, Historic Cultural, and Downtown Long Beach. 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 10 neighborhoods have a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $4,500. Interestingly, the neighborhoods' average rent is higher than PICO's average rent, which is only $3,850. Out of all the neighborhoods in or near PICO, Wilshire Center - Koreatown has the most affordable average rent at $2,800 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
Wilshire Center - Koreatown, Los Angeles, CA	$1,971	$2,582	$3,461	$2,800
Historic Cultural, Los Angeles, CA	$2,332	$2,500	$3,465	$2,823
Downtown Long Beach, Long Beach, CA	$2,566	$2,830	$3,694	$2,838
Downtown Los Angeles, Los Angeles, CA	$2,098	$2,880	$4,107	$3,026
Congress North, Los Angeles, CA	N/A	$1,800	$2,610	$3,170
Mar Vista, Los Angeles, CA	$2,973	$2,613	$3,600	$3,198
Hollywood Studio District, Los Angeles, CA	$1,795	$2,295	$3,150	$3,400
Mid-Town North Hollywood, Los Angeles, CA	$1,995	$2,601	$3,473	$3,593
Irvine Business Complex, Irvine, CA	$2,602	$2,860	$3,745	$3,614
Westchester-Playa Del Rey, Los Angeles, CA	$2,381	$2,999	$3,953	$3,800
West Los Angeles, Los Angeles, CA	$2,195	$3,295	$3,798	$3,990
Marina del Rey, Los Angeles, CA	$2,595	$3,661	$4,950	$4,000
South Robertson, Los Angeles, CA	$2,200	$2,495	$3,650	$4,148
Greater Wilshire, Los Angeles, CA	N/A	$2,700	$3,795	$4,400
Central Hollywood, Los Angeles, CA	N/A	$3,560	$5,210	$4,500
Westwood, Los Angeles, CA	$2,495	$3,950	$4,420	$4,500
Greater Valley Glen, Los Angeles, CA	$2,200	$1,950	$3,600	$4,500
Mid City, Los Angeles, CA	N/A	$3,073	$2,773	$4,550
Mid-City West, Los Angeles, CA	$2,595	$3,248	$4,439	$4,960
Westside, Los Angeles, CA	$2,648	$2,900	$4,575	$5,098
Brentwood, Los Angeles, CA	$2,645	$3,148	$4,673	$5,500
Woodland Hills-Warner Center, Los Angeles, CA	N/A	$2,332	$3,050	$5,700
Venice, Los Angeles, CA	$3,013	$4,298	$5,950	$6,014
Sherman Oaks, Los Angeles, CA	$2,095	$2,498	$3,198	$6,950
Hollywood Hills West, Los Angeles, CA	$2,073	$2,795	$4,519	$7,500
Tarzana, Los Angeles, CA	$1,743	$2,175	$3,035	$7,925
Hollywood United, Los Angeles, CA	$1,923	$3,200	$5,595	$8,373
Studio City, Los Angeles, CA	N/A	$2,775	$3,850	$8,625
Encino, Los Angeles, CA	N/A	$2,325	$3,084	$9,900
Bel Air-Beverly Crest, Los Angeles, CA	$2,500	$5,598	$8,995	$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 $4,175. That's roughly around $3 per sqft. The county that is the most affordable is Los Angeles, CA. It's average rent per month is $4,000. Vice versa, with an average rent of $5,000, Orange, CA is the most expensive county by PICO, Los Angeles, CA.

Typically, rent for studios in PICO, Los Angeles, CA is 20.00% more affordable than other counties nearby. In comparison, rent for one bedroom listings in PICO, Los Angeles, CA is 11.30% more expensive than other counties nearby. Finally, rent for two bedrooms in PICO, Los Angeles, CA is 2.57% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Los Angeles, CA	$2,200	$2,657	$3,600	$4,000
Ventura, CA	$2,475	$2,535	$3,200	$4,175
Orange, CA	$2,400	$2,675	$3,750	$5,000

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 $4,609.

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	$2,830	$3,195	$4,443	$4,917
90034, Los Angeles, CA	$3,310	$2,948	$4,629	$3,950
90024, Los Angeles, CA	$2,500	$3,950	$4,243	$4,300
91604, Los Angeles, CA	N/A	$2,650	$3,850	$9,500
90049, Los Angeles, CA	$2,500	$3,148	$5,143	$5,550
91367, Los Angeles, CA	N/A	$2,300	$3,050	$3,931

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 $3,850. 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 $2,000 and an average price per square feet of $4.62. 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 $2,995 and an average price per square feet of $4.03. There are a total of 7 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 $3,695 and an average price per square feet of $3.16. There are a total of 15 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 0.13%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.17%, and three bedroom rental prices have changed by -0.06% 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 $3,080/month. You can search for these reasonably priced rental listings on RentHop.