Toluca Lake

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Toluca Lake, CA

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Where the suburbs meet the studios

Suburban Parks Nature Outdoors Golf Arts Entertainment Walkable

Toluca Lake is an island of suburban tranquility in the heart of LA’s studio district. Flanked by soundstages, this community has become highly popular with film industry professionals due to its close proximity to Studio City, Universal City, Burbank Studios, and Warner Bros. Studios. The rental market is surprisingly diverse, ranging from big swanky houses to sensible and budget-friendly apartments and condos. Venture Freeway bisects the mostly-residential neighborhood, with the parallel Riverside Drive serving as the main commercial corridor—no matter where you are in the community, you can easily walk to pick up groceries or grab a quick bite to eat. The trendy NoHo Arts District sits just up Lankershim Boulevard, allowing you check out the eclectic restaurants, vintage shops, and performance venues on a whim. You’ll have great opportunities to spend time outdoors, with Lakeside Golf Club positioned on the south end of the neighborhood and Griffith Park just a few blocks to the east.

Rent Trends

As of March 2025, the average apartment rent in Toluca Lake, CA is $1,895 for a studio, $2,394 for one bedroom, $2,853 for two bedrooms, and $4,062 for three bedrooms. Apartment rent in Toluca Lake has increased by 2.7% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,394/month
671 Sq Ft
House
$8,263/month
1,859 Sq Ft
Condo
$4,403/month
939 Sq Ft
Townhome
$5,837/month
1,453 Sq Ft
See Rental Market Trends in Toluca Lake, CA

Transportation

80

Very Walkable

out of 100 WalkScore® Rating

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

43

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

61

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Points of Interest

Top Apartments in Toluca Lake

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.