The MIX Luxury Apartments
10824 Blix St,
North Hollywood, CA 91602
Studio - 2 Beds | $2,448 - 4,979
Rental Market Trends in Toluca Lake, CA
What is the average rent in Toluca Lake, CA?
$2,361/month
Average Rent
661 Sq Ft
Average Apartment Size
+1.2%
Increase in the Last Year
As of November 2024, the average rent in Toluca Lake, CA is $2,361 per month. This is 51% higher than the national average rent price of $1,559/month, making Toluca Lake one of the most expensive cities in the US. When you rent an apartment in Toluca Lake, you can expect to pay about $1,888 per month for a studio, $2,361 for a one-bedroom apartment, and around $2,825 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,077 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Toluca Lake, CA?
In the past year, rent has increased by 1.2%, which averages out to $28 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Toluca Lake, CA
Last Updated November 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
7%
$1,001 - $1,500/month
17%
$1,501 - $2,000/month
76%
Above $2,000/month
What salary do I need to live comfortably in Toluca Lake, CA?
Because the average rent in Toluca Lake is $2,361, you’ll want to make about $7,870 per month or $94,440 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Toluca Lake, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Toluca Lake, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Methodology
† 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.
* Percentages may not total 100 due to rounding.