Monthly Rent Report
Florence Rent Report — February 2024
Asking rents in ZIP 90001, Los Angeles, from 218 listings.
Median 1BR rent in Florence was $2,099 in February 2024, up 5.0% (+$99) from January 2024 and down 1.1% year-over-year. The middle half of 1BR listings asked between $2,006 and $2,400. That puts Florence $96 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 218 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | −$355 (-21.5%) | −$425 (-24.7%) | $1,150 – $1,961 | 27 |
| Studio | $1,295 | −$355 (-21.5%) | −$425 (-24.7%) | $1,150 – $1,650 | 14 |
| 1BR | $2,099 | +$99 (+5.0%) | −$24 (-1.1%) | $2,006 – $2,400 | 26 |
| 1BR | $2,099 | +$99 (+5.0%) | −$24 (-1.1%) | $2,000 – $2,400 | 51 |
| 2BR | $2,300 | −$100 (-4.2%) | −$366 (-13.7%) | $2,250 – $2,600 | 37 |
| 2BR | $1,850 | −$550 (-22.9%) | −$816 (-30.6%) | $1,850 – $1,850 | 1 |
| 3BR | $3,450 | +$118 (+3.5%) | +$50 (+1.5%) | $3,000 – $3,465 | 29 |
| 3BR | $3,999 | +$667 (+20.0%) | +$599 (+17.6%) | $3,999 – $3,999 | 1 |
| 4BR | $3,750 | +$150 (+4.2%) | +$250 (+7.1%) | $3,750 – $3,791 | 6 |
| 4BR | $3,500 | −$100 (-2.8%) | $0 (0.0%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — February 2024
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,750 | −$454 (-26.0%) |
| Studio | $1,295 | $1,750 | −$454 (-26.0%) |
| 1BR | $2,099 | $2,195 | −$96 (-4.4%) |
| 1BR | $2,099 | $2,195 | −$96 (-4.4%) |
| 2BR | $2,300 | $2,850 | −$550 (-19.3%) |
| 2BR | $1,850 | $2,850 | −$1,000 (-35.1%) |
| 3BR | $3,450 | $3,995 | −$545 (-13.6%) |
| 3BR | $3,999 | $3,995 | +$4 (+0.1%) |
| 4BR | $3,750 | $5,000 | −$1,250 (-25.0%) |
| 4BR | $3,500 | $5,000 | −$1,500 (-30.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.