Monthly Rent Report

Florence Rent Report — November 2023

Asking rents in ZIP 90001, Los Angeles, from 26 listings.

Median 1BR rent in Florence was $1,750 in November 2023, up 3.4% (+$57) from October 2023 and down 2.5% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts Florence $375 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 26 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2023Vs. November 2022P25–P75 RangeListings
Studio$1,125−$170 (-13.1%)−$715 (-38.9%)$1,125 – $1,1251
Studio$950−$345 (-26.6%)−$890 (-48.4%)$950 – $9501
1BR$1,750+$57 (+3.4%)−$45 (-2.5%)$1,750 – $1,7501
1BR$1,795+$102 (+6.0%)$0 (0.0%)$1,695 – $1,7955
2BR$2,000−$700 (-25.9%)+$105 (+5.5%)$2,000 – $2,0001
2BR$2,000−$700 (-25.9%)+$105 (+5.5%)$2,000 – $2,0001
3BR$2,800−$200 (-6.7%)−$700 (-20.0%)$2,800 – $2,8001
3BR$2,800−$200 (-6.7%)−$700 (-20.0%)$2,800 – $2,8001
4BR$2,800−$1,190 (-29.8%)$2,800 – $2,8001
4BR$2,800−$1,190 (-29.8%)$2,800 – $2,8001

Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.

Florence vs. Los AngelesNovember 2023

BedroomsFlorence MedianLos Angeles Citywide MedianDifference
Studio$1,125$1,775−$650 (-36.6%)
Studio$950$1,775−$825 (-46.5%)
1BR$1,750$2,125−$375 (-17.6%)
1BR$1,795$2,125−$330 (-15.5%)
2BR$2,000$2,795−$795 (-28.4%)
2BR$2,000$2,795−$795 (-28.4%)
3BR$2,800$3,950−$1,150 (-29.1%)
3BR$2,800$3,950−$1,150 (-29.1%)
4BR$2,800$4,994−$2,194 (-43.9%)
4BR$2,800$4,994−$2,194 (-43.9%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.

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