Monthly Rent Report
Florence Rent Report — June 2024
Asking rents in ZIP 90001, Los Angeles, from 136 listings.
Median 1BR rent in Florence was $2,195 in June 2024, up 37.2% (+$595) from May 2024 and up 29.1% year-over-year. The middle half of 1BR listings asked between $1,900 and $2,325. That puts Florence $95 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 136 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,573 | −$25 (-1.6%) | +$523 (+49.8%) | $1,284 – $3,625 | 8 |
| Studio | $1,573 | −$25 (-1.6%) | +$523 (+49.8%) | $1,284 – $3,625 | 8 |
| 1BR | $2,195 | +$595 (+37.2%) | +$495 (+29.1%) | $1,900 – $2,325 | 40 |
| 1BR | $1,695 | +$95 (+5.9%) | −$5 (-0.3%) | $1,695 – $1,695 | 1 |
| 2BR | $3,052 | +$552 (+22.1%) | +$852 (+38.7%) | $2,914 – $3,052 | 4 |
| 2BR | $2,800 | +$300 (+12.0%) | +$600 (+27.3%) | $2,550 – $3,039 | 42 |
| 3BR | $3,200 | $0 (0.0%) | +$200 (+6.7%) | $3,200 – $3,200 | 5 |
| 3BR | $3,200 | $0 (0.0%) | +$200 (+6.7%) | $3,200 – $3,200 | 3 |
| 4BR | $3,500 | −$350 (-9.1%) | −$350 (-9.1%) | $3,500 – $3,900 | 7 |
| 4BR | $3,400 | −$450 (-11.7%) | −$450 (-11.7%) | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — June 2024
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,573 | $1,759 | −$186 (-10.6%) |
| Studio | $1,573 | $1,759 | −$186 (-10.6%) |
| 1BR | $2,195 | $2,100 | +$95 (+4.5%) |
| 1BR | $1,695 | $2,100 | −$405 (-19.3%) |
| 2BR | $3,052 | $2,885 | +$167 (+5.8%) |
| 2BR | $2,800 | $2,885 | −$85 (-2.9%) |
| 3BR | $3,200 | $3,900 | −$700 (-17.9%) |
| 3BR | $3,200 | $3,900 | −$700 (-17.9%) |
| 4BR | $3,500 | $5,000 | −$1,500 (-30.0%) |
| 4BR | $3,400 | $5,000 | −$1,600 (-32.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.