Monthly Rent Report
Florence Rent Report — September 2023
Asking rents in ZIP 90001, Los Angeles, from 13 listings.
Median 1BR rent in Florence was $1,675 in September 2023, down 1.5% (−$25) from August 2023 and up 24.5% year-over-year. The middle half of 1BR listings asked between $1,675 and $1,675. That puts Florence $325 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 13 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | −$545 (-29.6%) | +$95 (+7.9%) | $1,295 – $1,295 | 1 |
| Studio | $1,363 | −$477 (-26.0%) | +$163 (+13.5%) | $1,256 – $1,469 | 2 |
| 1BR | $1,675 | −$25 (-1.5%) | +$330 (+24.5%) | $1,675 – $1,675 | 2 |
| 1BR | $2,100 | +$400 (+23.5%) | +$755 (+56.1%) | $2,100 – $2,100 | 1 |
| 2BR | $2,100 | +$100 (+5.0%) | −$95 (-4.3%) | $2,100 – $2,100 | 1 |
| 3BR | $3,465 | +$179 (+5.4%) | +$213 (+6.5%) | $3,133 – $3,583 | 3 |
| 4BR | $3,500 | −$327 (-8.5%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — September 2023
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,795 | −$500 (-27.9%) |
| Studio | $1,363 | $1,795 | −$432 (-24.1%) |
| 1BR | $1,675 | $2,000 | −$325 (-16.3%) |
| 1BR | $2,100 | $2,000 | +$100 (+5.0%) |
| 2BR | $2,100 | $2,750 | −$650 (-23.6%) |
| 3BR | $3,465 | $3,948 | −$482 (-12.2%) |
| 4BR | $3,500 | $5,000 | −$1,500 (-30.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.