Monthly Rent Report
Florence Rent Report — March 2023
Asking rents in ZIP 90001, Los Angeles, from 90 listings.
Median 1BR rent in Florence was $1,898 in March 2023, down 10.6% (−$225) from February 2023 and up 41.1% year-over-year. The middle half of 1BR listings asked between $1,700 and $2,096. That puts Florence $199 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 90 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,369 | −$351 (-20.4%) | +$69 (+5.3%) | $1,369 – $1,369 | 1 |
| Studio | $1,840 | +$120 (+7.0%) | +$540 (+41.5%) | $1,840 – $1,840 | 1 |
| 1BR | $1,898 | −$225 (-10.6%) | +$553 (+41.1%) | $1,700 – $2,096 | 4 |
| 1BR | $2,096 | −$27 (-1.3%) | +$751 (+55.8%) | $1,898 – $2,096 | 3 |
| 2BR | $2,230 | +$330 (+17.4%) | +$635 (+39.8%) | $2,075 – $2,666 | 24 |
| 2BR | $2,100 | +$200 (+10.5%) | +$505 (+31.7%) | $2,100 – $2,600 | 33 |
| 3BR | $3,900 | +$700 (+21.9%) | +$1,250 (+47.2%) | $3,450 – $3,900 | 3 |
| 3BR | $3,150 | −$50 (-1.6%) | +$500 (+18.9%) | $3,000 – $3,238 | 10 |
| 4BR | $3,400 | −$100 (-2.9%) | +$200 (+6.3%) | $3,400 – $3,400 | 5 |
| 4BR | $3,400 | −$100 (-2.9%) | +$200 (+6.3%) | $3,400 – $3,400 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — March 2023
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,369 | $1,745 | −$376 (-21.5%) |
| Studio | $1,840 | $1,745 | +$95 (+5.4%) |
| 1BR | $1,898 | $2,097 | −$199 (-9.5%) |
| 1BR | $2,096 | $2,097 | −$1 (-0.0%) |
| 2BR | $2,230 | $2,750 | −$520 (-18.9%) |
| 2BR | $2,100 | $2,750 | −$650 (-23.6%) |
| 3BR | $3,900 | $3,923 | −$22 (-0.6%) |
| 3BR | $3,150 | $3,923 | −$772 (-19.7%) |
| 4BR | $3,400 | $4,760 | −$1,360 (-28.6%) |
| 4BR | $3,400 | $4,760 | −$1,360 (-28.6%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.