Monthly Rent Report
Florence Rent Report — April 2024
Asking rents in ZIP 90001, Los Angeles, from 121 listings.
Median 1BR rent in Florence was $1,700 in April 2024, down 26.1% (−$600) from March 2024 and down 10.3% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Florence $395 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 121 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | +$145 (+12.6%) | −$392 (-23.2%) | $1,150 – $1,295 | 5 |
| Studio | $2,575 | +$1,425 (+123.9%) | +$888 (+52.6%) | $1,384 – $3,875 | 6 |
| 1BR | $1,700 | −$600 (-26.1%) | −$195 (-10.3%) | $1,700 – $1,700 | 1 |
| 1BR | $1,875 | −$425 (-18.5%) | −$20 (-1.1%) | $1,700 – $2,225 | 51 |
| 2BR | $2,500 | +$5 (+0.2%) | +$705 (+39.3%) | $2,400 – $2,775 | 26 |
| 2BR | $2,100 | −$395 (-15.8%) | +$305 (+17.0%) | $2,100 – $2,100 | 1 |
| 3BR | $2,500 | −$1,100 (-30.6%) | $0 (0.0%) | $2,500 – $2,500 | 1 |
| 3BR | $3,425 | −$175 (-4.9%) | +$925 (+37.0%) | $3,000 – $3,500 | 18 |
| 4BR | $3,804 | $0 (0.0%) | +$604 (+18.9%) | $3,804 – $3,804 | 1 |
| 4BR | $3,850 | +$46 (+1.2%) | +$650 (+20.3%) | $3,850 – $3,850 | 5 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — April 2024
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,795 | −$500 (-27.9%) |
| Studio | $2,575 | $1,795 | +$780 (+43.5%) |
| 1BR | $1,700 | $2,095 | −$395 (-18.9%) |
| 1BR | $1,875 | $2,095 | −$220 (-10.5%) |
| 2BR | $2,500 | $2,833 | −$333 (-11.7%) |
| 2BR | $2,100 | $2,833 | −$733 (-25.9%) |
| 3BR | $2,500 | $3,950 | −$1,450 (-36.7%) |
| 3BR | $3,425 | $3,950 | −$525 (-13.3%) |
| 4BR | $3,804 | $4,999 | −$1,195 (-23.9%) |
| 4BR | $3,850 | $4,999 | −$1,149 (-23.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.