Monthly Rent Report
Florence Rent Report — October 2023
Asking rents in ZIP 90001, Los Angeles, from 39 listings.
Median 1BR rent in Florence was $1,773 in October 2023, up 5.9% (+$98) from September 2023 and down 1.5% year-over-year. The middle half of 1BR listings asked between $1,693 and $1,853. That puts Florence $225 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 39 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | $0 (0.0%) | — | $1,295 – $1,295 | 2 |
| 1BR | $1,773 | +$98 (+5.9%) | −$27 (-1.5%) | $1,693 – $1,853 | 4 |
| 1BR | $1,693 | +$18 (+1.1%) | −$107 (-5.9%) | $1,693 – $1,693 | 1 |
| 2BR | $2,700 | +$600 (+28.6%) | +$350 (+14.9%) | $2,700 – $2,700 | 1 |
| 2BR | $2,500 | +$400 (+19.0%) | +$150 (+6.4%) | $2,200 – $2,700 | 23 |
| 3BR | $3,000 | −$465 (-13.4%) | $0 (0.0%) | $3,000 – $3,175 | 4 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — October 2023
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,700 | −$405 (-23.8%) |
| 1BR | $1,773 | $1,998 | −$224 (-11.2%) |
| 1BR | $1,693 | $1,998 | −$304 (-15.2%) |
| 2BR | $2,700 | $2,750 | −$50 (-1.8%) |
| 2BR | $2,500 | $2,750 | −$250 (-9.1%) |
| 3BR | $3,000 | $4,195 | −$1,195 (-28.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.