Monthly Rent Report
Florence Rent Report — July 2023
Asking rents in ZIP 90001, Los Angeles, from 32 listings.
Median 1BR rent in Florence was $1,845 in July 2023, up 8.5% (+$145) from June 2023 and up 41.9% year-over-year. The middle half of 1BR listings asked between $1,820 and $1,870. That puts Florence $280 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 32 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,720 | +$570 (+49.6%) | +$520 (+43.3%) | $1,600 – $1,840 | 4 |
| Studio | $1,840 | +$690 (+60.0%) | +$640 (+53.3%) | $1,840 – $1,840 | 1 |
| 1BR | $1,845 | +$145 (+8.5%) | +$545 (+41.9%) | $1,820 – $1,870 | 2 |
| 1BR | $1,845 | +$145 (+8.5%) | +$545 (+41.9%) | $1,820 – $1,870 | 2 |
| 2BR | $2,600 | +$400 (+18.2%) | +$405 (+18.5%) | $2,225 – $2,633 | 7 |
| 2BR | $2,000 | −$200 (-9.1%) | −$195 (-8.9%) | $1,950 – $2,050 | 2 |
| 3BR | $3,233 | +$233 (+7.8%) | +$483 (+17.5%) | $3,116 – $3,349 | 2 |
| 3BR | $3,200 | +$200 (+6.7%) | +$450 (+16.4%) | $3,200 – $3,465 | 5 |
| 4BR | $3,702 | +$127 (+3.6%) | +$102 (+2.8%) | $3,651 – $3,753 | 2 |
| 4BR | $3,600 | +$25 (+0.7%) | $0 (0.0%) | $3,300 – $3,702 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — July 2023
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,720 | $1,800 | −$80 (-4.4%) |
| Studio | $1,840 | $1,800 | +$40 (+2.2%) |
| 1BR | $1,845 | $2,125 | −$280 (-13.2%) |
| 1BR | $1,845 | $2,125 | −$280 (-13.2%) |
| 2BR | $2,600 | $2,873 | −$273 (-9.5%) |
| 2BR | $2,000 | $2,873 | −$873 (-30.4%) |
| 3BR | $3,233 | $3,836 | −$603 (-15.7%) |
| 3BR | $3,200 | $3,836 | −$636 (-16.6%) |
| 4BR | $3,702 | $4,572 | −$870 (-19.0%) |
| 4BR | $3,600 | $4,572 | −$972 (-21.3%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.