ZIP 90016 covers residential neighborhoods in Los Angeles, located within Los Angeles County, CA, part of the broader Los Angeles housing market. The typical home value in ZIP 90016 in the Los Angeles housing market is $909,145, with a typical rent of $3,234 per month. That puts the local home-value-to-annual-rent ratio at 23.4.
Key stats
- ZIP 90016 is around the 48th percentile of tracked local ZIPs for home value.
- ZIP 90016 is around the 85th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 23.4.
- 81 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $909,145
- Typical rent
- $3,234
- Homes for sale
- 89
- Buyer competition
- 70
- New listings
- 21
- Homes going pending
- 17
- Listings with price cuts
- 20.6%
Price and rent in ZIP 90016
ZIP 90016 is around the 48th percentile of tracked local ZIPs for home value. ZIP 90016 is around the 80th percentile of tracked local ZIPs for rent.
ZIP 90016 home value & rent trend (past 12 months)
Typical home value fell 1.4% over the past 12 months, from $921,721 to $909,145. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.6% in October 2025.
Typical rent rose 1.2% over the past 12 months, from $3,195 to $3,234. It rose in 6 of 11 monthly readings. The largest monthly gain was +1.9% in April 2026.
How ZIP 90016 compares to Los Angeles
ZIP 90016's typical rent is 18.1% above the Los Angeles median of $2,738. ZIP 90016's buyer competition is 12.9% above the Los Angeles median of 62.
Supply, pending activity, and competition
ZIP 90016 is around the 65th percentile of tracked local ZIPs for for-sale inventory. ZIP 90016 is around the 85th percentile of tracked local ZIPs for buyer competition. 81 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 68 and 97 — a 29-point spread across 94 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 90019, 90008, 90018, 90035.
Continue your market research
- Is the Los Angeles Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is Los Angeles a Buyer's Market?Read the related local market analysis.
- All Los Angeles ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 90019 housing marketReview a nearby local market with the same core measures.
- ZIP 90008 housing marketReview a nearby local market with the same core measures.
- ZIP 90018 housing marketReview a nearby local market with the same core measures.
- Los Angeles housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.