Monthly Rent Report
Florence Rent Report — March 2022
Asking rents in ZIP 90001, Los Angeles, from 8 listings.
Median 1BR rent in Florence was $1,345 in March 2022, down 35.8% (−$751) from February 2022 and down 18.5% year-over-year. The middle half of 1BR listings asked between $1,345 and $1,345. That puts Florence $555 below the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 8 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | +$275 (+29.7%) | −$400 (-25.0%) | $1,200 – $1,200 | 1 |
| Studio | $1,300 | +$375 (+40.5%) | −$300 (-18.8%) | $1,300 – $1,300 | 1 |
| 1BR | $1,345 | −$751 (-35.8%) | −$305 (-18.5%) | $1,345 – $1,345 | 1 |
| 2BR | $1,595 | −$430 (-21.2%) | −$105 (-6.2%) | $1,595 – $1,595 | 3 |
| 3BR | $2,650 | −$200 (-7.0%) | +$250 (+10.4%) | $2,650 – $2,650 | 1 |
| 4BR | $3,200 | +$100 (+3.2%) | — | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — March 2022
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,600 | −$400 (-25.0%) |
| Studio | $1,300 | $1,600 | −$300 (-18.8%) |
| 1BR | $1,345 | $1,900 | −$555 (-29.2%) |
| 2BR | $1,595 | $2,775 | −$1,180 (-42.5%) |
| 3BR | $2,650 | $3,700 | −$1,050 (-28.4%) |
| 4BR | $3,200 | $4,500 | −$1,300 (-28.9%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.