Monthly Rent Report
Florence Rent Report — August 2022
Asking rents in ZIP 90001, Los Angeles, from 21 listings.
Median 1BR rent in Florence was $1,550 in August 2022, up 19.2% (+$250) from July 2022 and down 10.1% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,550. That puts Florence $545 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 21 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,200 | $0 (0.0%) | +$200 (+20.0%) | $1,200 – $1,200 | 1 |
| 1BR | $1,550 | +$250 (+19.2%) | −$175 (-10.1%) | $1,550 – $1,550 | 2 |
| 2BR | $2,226 | +$31 (+1.4%) | +$76 (+3.5%) | $2,113 – $2,339 | 2 |
| 2BR | $2,226 | +$31 (+1.4%) | +$76 (+3.5%) | $2,000 – $2,452 | 6 |
| 3BR | $3,200 | +$525 (+19.6%) | +$525 (+19.6%) | $3,200 – $3,200 | 1 |
| 3BR | $2,900 | +$225 (+8.4%) | +$225 (+8.4%) | $2,900 – $2,900 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — August 2022
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,200 | $1,773 | −$572 (-32.3%) |
| 1BR | $1,550 | $2,095 | −$545 (-26.0%) |
| 2BR | $2,226 | $2,880 | −$654 (-22.7%) |
| 2BR | $2,226 | $2,880 | −$654 (-22.7%) |
| 3BR | $3,200 | $3,795 | −$595 (-15.7%) |
| 3BR | $2,900 | $3,795 | −$895 (-23.6%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.