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Rental Insights for ZIP Code 91401 (Van Nuys, CA)

Housing Rentals in ZIP Code 91401 (Van Nuys, CA)

91401 ZIP Code in California

An In-depth Dive Into Housing Rentals in ZIP Code 91401

The 91401 ZIP Code is primarily located in Van Nuys, CA in Los Angeles County. The median housing rent payment in this California region is $1,403 per month. About 66.2% of housing units in the region are renter-occupied, and this Los Angeles County ZIP Code has an approximate rental vacancy rate of 2.7%.

The median rent in ZIP Code 91401 of $1,403 per month is 7% lower than the aggregate California median monthly rent of $1,503, and is 32% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 40.9% of residents in ZIP Code 91401 pay between $1,000 and $1,499 per month for rent. That is 43% higher than in California overall, in which 28.6% of total state residents pay between $1,000 and $1,499 per month for housing.

ZIP Code 91401 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 91401

See the chart below for a comparison of monthly rental costs in ZIP Code 91401, California, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 91401 along with those in the state of California and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 91401

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 91401 California U.S.
Less than $500 4.0% 4.9% 9.4%
$500 to $999 12.7% 16.5% 36.2%
$1,000 to $1,499 40.9% 28.6% 30.0%
$1,500 to $1,999 29.1% 23.2% 14.0%
$2,000 to $2,499 8.1% 13.4% 5.6%
$2,500 to $2,999 2.4% 6.9% 2.4%
$3,000 or more 2.9% 6.7% 2.4%

Rent Cost vs. Income in ZIP Code 91401

Renters in ZIP Code 91401 use an estimated 33.63% of their income to cover their monthly rent payments. That is about 8% higher than in California overall. The estimate for California overall is 31.23% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 91401 renters use about 13% more of their income to cover rent expense. Household income figures for ZIP Code 91401 come in lower than in California as a whole. The median annual household income in ZIP Code 91401 of $53,882 sits approximately 28% lower than the overall California median income of $75,235 and approximately 14% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 91401

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 91401, California, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 91401 along with the same calculations in the state of California and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 91401

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 91401 California U.S.
Less than 15.0 percent 7.5% 10.3% 13.1%
15.0 to 19.9 percent 10.0% 11.2% 12.9%
20.0 to 24.9 percent 7.9% 12.2% 12.9%
25.0 to 29.9 percent 8.8% 11.5% 11.6%
30.0 to 34.9 percent 10.3% 9.6% 9.1%
35.0 percent or more 55.5% 45.2% 40.5%

Household Income in ZIP Code 91401

See the table below for the regional comparison of annual household income in ZIP Code 91401.

Income ZIP 91401 California U.S.
Less than $10,000 6.1% 4.8% 6.0%
$10,000 to $14,999 6.1% 4.1% 4.3%
$15,000 to $24,999 12.8% 7.5% 8.9%
$25,000 to $34,999 8.9% 7.5% 8.9%
$35,000 to $49,999 13.5% 10.5% 12.3%
$50,000 to $74,999 15.5% 15.5% 17.2%
$75,000 to $99,999 8.7% 12.4% 12.7%
$100,000 to $149,999 13.4% 16.6% 15.1%
$150,000 to $199,999 6.6% 8.9% 6.8%
$200,000 or more 8.5% 12.2% 7.7%

Household Income in ZIP Code 91401

See the chart below for a comparison of annual household income figures in ZIP Code 91401, California, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 91401 alongside the same figures for the state of California and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 91401

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 91401.

ZIP 91401 California U.S.
Median Housing Rent $1,403 $1,503 $1,062
Renter-Occupied Housing Units 66.2% 45.2% 36.0%
Rental Vacancy Rate 2.7% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.62 2.88 2.49
Average # of Bedrooms Per Unit 2.05 2.63 2.75
Percent of Income Spent on Rent 33.63% 31.23% 29.83%
Per Capita Income $32,413 $36,955 $34,103
Median Household Income $82,206 $106,916 $88,607
Living Below the Poverty Line 16.9% 9.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 91401

In ZIP Code 91401 (Van Nuys, CA), and estimated 66.2% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.7%.

The per capita income in 91401 is estimated at $32,413, which goes along with an estimated median household income of $82,206. About 16.9% of residents in this Los Angeles County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.62 occupants, while the units have an aggregate average size of 2.05 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 33.63% of their income on housing rental costs.

Rental FAQs for ZIP Code 91401

1

What is the median monthly rent in ZIP Code 91401?

Median rent for housing in ZIP Code 91401 in Los Angeles County in California is approximately $1,403 per month.
2

Is it expensive to rent in ZIP Code 91401?

Rent in ZIP Code 91401 is lower than average in the state of California overall. The median monthly rent of $1,403 in ZIP Code 91401 is approximately 7% lower than the California median of $1,503. Additionally, median rent in this Van Nuys, CA region ($1,403) is about 32% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 91401?

High-priced rentals are less common in ZIP Code 91401 than in California overall. The percentage of rentals in ZIP Code 91401 that cost $3,000 or more per month (2.9%) is about 57% lower than the California rate of 6.7% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 21% lower than the aforementioned 91401 rate of 2.9%.
4

Are affordable rentals common in ZIP Code 91401?

Affordable rentals are less common in ZIP Code 91401 than in California overall. The percentage of housing rentals in ZIP Code 91401 costing $999 or less per month (16.7%) is approximately 22% lower than the California rate of 21.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 63% higher than the previously mentioned 91401 rate of 16.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 91401?

The most common range for rental cost in ZIP Code 91401 is between $1,000 and $1,499 per month. About 40.9% of renters in 91401 pay in this range for monthly rent. In comparison, approximately 28.6% of renters in the state of California fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 91401 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 91401 is lower than the rental vacancy rate in the state of California overall. Rental vacancy of 2.7% in ZIP Code 91401 is about 25% lower than the California rate of 3.6%. Looking more broadly, rental vacancy in this Van Nuys, CA region (2.7%) is an estimated 55% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 91401? How does it compare to other California regions?

Median household income in ZIP Code 91401 is lower than in the state of California overall. Annual household income of $53,882 in ZIP Code 91401 is about 28% lower than the California median of $75,235. Additionally, median household income in this Van Nuys, CA region ($53,882) is approximately 14% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 91401 spend on housing costs?

Renters in ZIP Code 91401 spend a higher amount of their income on rent costs than do renters in California overall. Renters in ZIP Code 91401 spend an estimated 33.63% of their income on rent payments, which is about 8% higher than the overall California estimated rate of 31.23%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 13% lower than the ZIP Code 91401 estimated rate of 33.63%.
9

Do renters in ZIP Code 91401 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 91401 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 91401 spending 30 percent or more of their income on rent costs (65.8%) is approximately 20% higher than the California rate of 54.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 33% lower than the aforementioned 91401 rate of 65.8%.
10

What is the average household size of renter-occupied units in ZIP Code 91401?

The average household size of renter-occupied units in ZIP Code 91401 is lower than in the state of California overall. Annual household size of 2.62 in ZIP Code 91401 is about 9% lower than the California median of 2.88. Additionally, median household size in this Van Nuys, CA region (2.62) is approximately 5% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other California ZIP Codes