M1 by CLG (+ Coliving)
1221 N Myra Ave,
Los Angeles, CA 90029
$2,734 - $3,500
1 Bed
Welcome to Silver Lake, where the iconic reservoir serves as the centerpiece of this artistic Los Angeles neighborhood. Nestled in the heart of LA, this community offers diverse housing options, from historic Spanish-style homes to contemporary apartment communities. Current rental market data shows studio apartments averaging $1,808 with 517 square feet, while one-bedroom units command approximately $2,161 for 777 square feet. Larger spaces, typically two-bedroom homes, rent for around $3,284 and provide generous 1,114-square-foot floor plans.
The neighborhood centers around Sunset Junction, where vintage shops and music venues create the area's distinctive character. The Silver Lake Meadow offers impressive views of both the reservoir and downtown LA skyline. Residents appreciate the accessibility of the reservoir's walking paths, the twice-weekly farmers markets, and the area's renowned coffee culture. With its central location, Silver Lake provides easy access to downtown Los Angeles while maintaining its own distinct personality, characterized by tree-lined streets, local boutiques, and independent restaurants.
Dodger Stadium in Silver Lake
An evening view of the Griffith Observatory
The Hollywood Bowl lighting up the night sky
Painted staircase in the city
City skyline
The Silver Lake Reservoir
As of January 2026, the average apartment rent in Silver Lake, CA is $1,813 for a studio, $2,178 for one bedroom, and $3,527 for two bedrooms. Apartment rent in Silver Lake has increased by 0.4% in the past year.
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† 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 November 2025.