Monthly Rent Report
Florence Rent Report — August 2024
Asking rents in ZIP 90001, Los Angeles, from 30 listings.
Median 1BR rent in Florence was $2,300 in August 2024, up 15.4% (+$307) from July 2024 and up 35.3% year-over-year. The middle half of 1BR listings asked between $2,300 and $2,300. That puts Florence $205 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 30 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,500 | +$1,400 (+66.7%) | +$1,890 (+117.4%) | $2,100 – $4,000 | 11 |
| 1BR | $2,300 | +$307 (+15.4%) | +$600 (+35.3%) | $2,300 – $2,300 | 3 |
| 2BR | $2,500 | −$50 (-2.0%) | +$705 (+39.3%) | $2,500 – $2,500 | 1 |
| 3BR | $3,200 | $0 (0.0%) | −$86 (-2.6%) | $3,200 – $3,200 | 1 |
| 4BR | $3,800 | +$300 (+8.6%) | −$2 (-0.1%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Florence vs. Los Angeles — August 2024
| Bedrooms | Florence Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,500 | $1,750 | +$1,750 (+100.0%) |
| 1BR | $2,300 | $2,095 | +$205 (+9.8%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 3BR | $3,200 | $4,000 | −$800 (-20.0%) |
| 4BR | $3,800 | $4,895 | −$1,095 (-22.4%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.