$2,390 Per Month
- 2 Beds
- 1 Bath
- 750 Sq Ft
- Condo for Rent
5444 Hermitage Ave, Los Angeles, CA 91607
5444 Hermitage Ave, Los Angeles, CA 91607
Frequently Asked Questions
How much does it cost to rent a condo in Studio City, CA?
The median rent for a condo in Studio City, CA is $4,195 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Studio City, CA?
To comfortably afford the median rent in Studio City, CA, a household needs to earn roughly $295,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $7,375 per month in Studio City, CA, renters typically need to show $22,125 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Studio City, CA?
In Studio City, CA, the price-to-rent ratio is 20.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Studio City, CA are best for renting a condo?
The best neighborhood for renting in Studio City, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Hollywood Hills, Chandler Park, Hollywood Hills West, Hollywood and Beverly Grove, each with its own character and price range.
