Monthly Rent Report
Florence Rent Report — July 2024
Asking rents in ZIP 90001, Los Angeles, from 41 listings.
Median 1BR rent in Florence was $2,195 in July 2024, flat versus June 2024 and up 19.0% year-over-year. The middle half of 1BR listings asked between $2,010 and $2,248. That puts Florence $100 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 41 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,750 | +$2,178 (+138.5%) | +$2,030 (+118.0%) | $2,938 – $4,050 | 4 |
| Studio | $2,100 | +$528 (+33.5%) | +$380 (+22.1%) | $2,100 – $2,100 | 2 |
| 1BR | $2,195 | $0 (0.0%) | +$350 (+19.0%) | $2,010 – $2,248 | 7 |
| 1BR | $1,993 | −$202 (-9.2%) | +$148 (+8.0%) | $1,993 – $1,993 | 1 |
| 2BR | $2,808 | +$8 (+0.3%) | +$208 (+8.0%) | $2,395 – $3,052 | 5 |
| 2BR | $2,550 | −$250 (-8.9%) | −$50 (-1.9%) | $2,425 – $2,675 | 2 |
| 3BR | $3,200 | $0 (0.0%) | $0 (0.0%) | $3,200 – $5,550 | 3 |
| 3BR | $5,550 | +$2,350 (+73.4%) | +$2,350 (+73.4%) | $4,375 – $6,725 | 2 |
| 4BR | $3,500 | +$100 (+2.9%) | −$202 (-5.5%) | $3,500 – $3,700 | 3 |
| 4BR | $3,875 | +$475 (+14.0%) | +$173 (+4.7%) | $3,800 – $3,950 | 4 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — July 2024
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,750 | $1,778 | +$1,972 (+110.9%) |
| Studio | $2,100 | $1,778 | +$322 (+18.1%) |
| 1BR | $2,195 | $2,095 | +$100 (+4.8%) |
| 1BR | $1,993 | $2,095 | −$102 (-4.9%) |
| 2BR | $2,808 | $2,835 | −$27 (-1.0%) |
| 2BR | $2,550 | $2,835 | −$285 (-10.1%) |
| 3BR | $3,200 | $3,900 | −$700 (-17.9%) |
| 3BR | $5,550 | $3,900 | +$1,650 (+42.3%) |
| 4BR | $3,500 | $5,270 | −$1,770 (-33.6%) |
| 4BR | $3,875 | $5,270 | −$1,395 (-26.5%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.