Monthly Rent Report

Florence Rent Report — July 2022

Asking rents in ZIP 90001, Los Angeles, from 21 listings.

Median 1BR rent in Florence was $1,300 in July 2022, down 18.5% (−$295) from June 2022 and down 18.5% year-over-year. The middle half of 1BR listings asked between $1,300 and $1,300. That puts Florence $800 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 21 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2022Vs. July 2021P25–P75 RangeListings
Studio$1,200−$100 (-7.7%)+$50 (+4.3%)$1,200 – $1,2002
Studio$1,200−$100 (-7.7%)+$50 (+4.3%)$1,200 – $1,2002
1BR$1,300−$295 (-18.5%)−$295 (-18.5%)$1,300 – $1,3001
2BR$2,195−$5 (-0.2%)$2,098 – $2,1953
2BR$2,195−$5 (-0.2%)$2,195 – $2,1951
3BR$2,750−$200 (-6.8%)$2,750 – $2,7501
3BR$2,675−$275 (-9.3%)$2,450 – $2,9004
4BR$3,600+$210 (+6.2%)+$300 (+9.1%)$3,600 – $3,6006
4BR$3,600+$210 (+6.2%)+$300 (+9.1%)$3,600 – $3,6001

Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.

Florence vs. Los AngelesJuly 2022

BedroomsFlorence MedianLos Angeles Citywide MedianDifference
Studio$1,200$1,695−$495 (-29.2%)
Studio$1,200$1,695−$495 (-29.2%)
1BR$1,300$2,100−$800 (-38.1%)
2BR$2,195$2,995−$800 (-26.7%)
2BR$2,195$2,995−$800 (-26.7%)
3BR$2,750$3,900−$1,150 (-29.5%)
3BR$2,675$3,900−$1,225 (-31.4%)
4BR$3,600$5,273−$1,672 (-31.7%)
4BR$3,600$5,273−$1,672 (-31.7%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.

Advertisement