Monthly Rent Report
Florence Rent Report — June 2023
Asking rents in ZIP 90001, Los Angeles, from 22 listings.
Median 1BR rent in Florence was $1,700 in June 2023, down 10.3% (−$195) from May 2023 and up 6.6% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Florence $400 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 22 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,050 | −$550 (-34.4%) | −$250 (-19.2%) | $1,050 – $1,050 | 1 |
| Studio | $1,150 | −$450 (-28.1%) | −$150 (-11.5%) | $1,100 – $1,200 | 2 |
| 1BR | $1,700 | −$195 (-10.3%) | +$105 (+6.6%) | $1,700 – $1,700 | 1 |
| 1BR | $1,795 | −$100 (-5.3%) | +$200 (+12.5%) | $1,771 – $1,858 | 8 |
| 2BR | $2,200 | +$300 (+15.8%) | $0 (0.0%) | $2,200 – $2,200 | 1 |
| 2BR | $1,700 | −$200 (-10.5%) | −$500 (-22.7%) | $1,700 – $1,700 | 1 |
| 3BR | $3,000 | +$400 (+15.4%) | +$50 (+1.7%) | $3,000 – $3,000 | 1 |
| 3BR | $3,000 | +$400 (+15.4%) | +$50 (+1.7%) | $3,000 – $3,000 | 2 |
| 4BR | $3,850 | +$46 (+1.2%) | +$460 (+13.6%) | $3,850 – $3,850 | 1 |
| 4BR | $3,575 | −$229 (-6.0%) | +$185 (+5.5%) | $3,388 – $3,763 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — June 2023
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,050 | $1,758 | −$708 (-40.3%) |
| Studio | $1,150 | $1,758 | −$608 (-34.6%) |
| 1BR | $1,700 | $2,100 | −$400 (-19.0%) |
| 1BR | $1,795 | $2,100 | −$305 (-14.5%) |
| 2BR | $2,200 | $2,900 | −$700 (-24.1%) |
| 2BR | $1,700 | $2,900 | −$1,200 (-41.4%) |
| 3BR | $3,000 | $3,850 | −$850 (-22.1%) |
| 3BR | $3,000 | $3,850 | −$850 (-22.1%) |
| 4BR | $3,850 | $5,100 | −$1,250 (-24.5%) |
| 4BR | $3,575 | $5,100 | −$1,525 (-29.9%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.