Monthly Rent Report
Florence Rent Report — December 2023
Asking rents in ZIP 90001, Los Angeles, from 56 listings.
Median 1BR rent in Florence was $1,853 in December 2023, up 5.9% (+$103) from November 2023 and up 32.4% year-over-year. The middle half of 1BR listings asked between $1,853 and $1,965. That puts Florence $276 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 56 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | +$2,550 (+268.4%) | +$1,660 (+90.2%) | $1,777 – $4,000 | 11 |
| Studio | $3,750 | +$2,800 (+294.7%) | +$1,910 (+103.8%) | $3,069 – $4,050 | 4 |
| 1BR | $1,853 | +$103 (+5.9%) | +$453 (+32.4%) | $1,853 – $1,965 | 13 |
| 1BR | $1,853 | +$103 (+5.9%) | +$453 (+32.4%) | $1,853 – $1,925 | 5 |
| 2BR | $2,650 | +$650 (+32.5%) | +$150 (+6.0%) | $2,650 – $2,650 | 2 |
| 2BR | $3,052 | +$1,052 (+52.6%) | +$552 (+22.1%) | $2,839 – $3,052 | 4 |
| 3BR | $3,250 | +$450 (+16.1%) | +$500 (+18.2%) | $3,250 – $3,250 | 1 |
| 3BR | $2,999 | +$199 (+7.1%) | +$249 (+9.1%) | $2,999 – $2,999 | 1 |
| 4BR | $3,804 | +$1,004 (+35.9%) | +$604 (+18.9%) | $3,804 – $3,804 | 5 |
| 4BR | $3,650 | +$850 (+30.4%) | +$450 (+14.1%) | $3,650 – $3,650 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — December 2023
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $1,750 | +$1,750 (+100.0%) |
| Studio | $3,750 | $1,750 | +$2,000 (+114.3%) |
| 1BR | $1,853 | $2,129 | −$276 (-13.0%) |
| 1BR | $1,853 | $2,129 | −$276 (-13.0%) |
| 2BR | $2,650 | $2,795 | −$145 (-5.2%) |
| 2BR | $3,052 | $2,795 | +$257 (+9.2%) |
| 3BR | $3,250 | $3,923 | −$672 (-17.1%) |
| 3BR | $2,999 | $3,923 | −$923 (-23.5%) |
| 4BR | $3,804 | $4,750 | −$946 (-19.9%) |
| 4BR | $3,650 | $4,750 | −$1,100 (-23.2%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.