Monthly Rent Report
Florence Rent Report — March 2024
Asking rents in ZIP 90001, Los Angeles, from 92 listings.
Median 1BR rent in Florence was $2,300 in March 2024, up 9.6% (+$201) from February 2024 and up 9.7% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,400. That puts Florence $155 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 92 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $4,000 | +$2,705 (+208.9%) | +$2,160 (+117.4%) | $3,750 – $4,100 | 3 |
| Studio | $1,150 | −$145 (-11.2%) | −$690 (-37.5%) | $1,150 – $1,150 | 1 |
| 1BR | $2,300 | +$201 (+9.6%) | +$204 (+9.7%) | $2,300 – $2,400 | 25 |
| 1BR | $1,445 | −$654 (-31.2%) | −$651 (-31.1%) | $1,420 – $1,470 | 2 |
| 2BR | $2,250 | −$50 (-2.2%) | +$150 (+7.1%) | $2,250 – $2,250 | 1 |
| 2BR | $2,700 | +$400 (+17.4%) | +$600 (+28.6%) | $2,500 – $2,800 | 33 |
| 2BR | $2,495 | +$195 (+8.5%) | +$395 (+18.8%) | $2,495 – $2,495 | 1 |
| 3BR | $3,600 | +$150 (+4.3%) | +$450 (+14.3%) | $3,300 – $3,950 | 7 |
| 3BR | $2,700 | −$750 (-21.7%) | −$450 (-14.3%) | $2,700 – $2,700 | 2 |
| 4BR | $3,804 | +$54 (+1.4%) | +$404 (+11.9%) | $3,652 – $3,804 | 3 |
| 4BR | $3,804 | +$54 (+1.4%) | +$404 (+11.9%) | $3,576 – $3,839 | 6 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — March 2024
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $4,000 | $1,723 | +$2,278 (+132.2%) |
| Studio | $1,150 | $1,723 | −$572 (-33.2%) |
| 1BR | $2,300 | $2,145 | +$155 (+7.2%) |
| 1BR | $1,445 | $2,145 | −$700 (-32.6%) |
| 2BR | $2,250 | $2,850 | −$600 (-21.1%) |
| 2BR | $2,700 | $2,850 | −$150 (-5.3%) |
| 2BR | $2,495 | $2,850 | −$355 (-12.5%) |
| 3BR | $3,600 | $3,762 | −$162 (-4.3%) |
| 3BR | $2,700 | $3,762 | −$1,062 (-28.2%) |
| 4BR | $3,804 | $4,950 | −$1,146 (-23.2%) |
| 4BR | $3,804 | $4,950 | −$1,146 (-23.2%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.