Van Nuys, CA Multifamily Market Report Q3 2025

Market Overview

‍The $1,834 average monthly asking rent in the Van Nuys, California multifamily submarket is among the more affordable in the Los Angeles metro. Rental rates edged down by 0.4 % year-over-year as vacancy stood at 4.7 %, beneath the broader L.A. average of 5.3 %. With 208 new units delivered in Q3 and 633 more under construction, development remains elevated but in check for now. Sales volume reached $30.8 million, up from $28.7 million in Q2, reflecting steady investor interest.

‍About Matthews

‍Matthews Real Estate Investment Services is a national advisory firm specialising in multifamily investment sales, debt and structured finance. Their Van Nuys Q3 2025 report combines metro-level data on asking rents, vacancy, construction supply and sales activity to help owners, developers and investors evaluate timing and positioning. To read the full report, click here.