Monthly Rent Report

Florence Rent Report — November 2024

Asking rents in ZIP 90001, Los Angeles, from 30 listings.

Median 1BR rent in Florence was $1,695 in November 2024, down 19.3% (−$405) from October 2024 and down 5.6% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Florence $378 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 30 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2024Vs. November 2023P25–P75 RangeListings
Studio$1,600+$450 (+39.1%)+$650 (+68.4%)$1,600 – $1,6004
Studio$1,150$0 (0.0%)+$200 (+21.1%)$1,150 – $1,1501
1BR$1,695−$405 (-19.3%)−$100 (-5.6%)$1,695 – $1,6951
1BR$2,407+$307 (+14.6%)+$612 (+34.1%)$1,825 – $2,4078
2BR$2,180−$115 (-5.0%)+$180 (+9.0%)$2,180 – $2,1801
2BR$2,700+$405 (+17.6%)+$700 (+35.0%)$2,625 – $2,7004
3BR$3,900+$900 (+30.0%)+$1,100 (+39.3%)$3,900 – $3,9005
3BR$3,900+$900 (+30.0%)+$1,100 (+39.3%)$3,900 – $3,9002
4BR$4,320+$210 (+5.1%)+$1,520 (+54.3%)$4,320 – $4,3201
4BR$3,700−$410 (-10.0%)+$900 (+32.1%)$3,700 – $3,7001

Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.

Florence vs. Los AngelesNovember 2024

BedroomsFlorence MedianLos Angeles Citywide MedianDifference
Studio$1,600$1,750−$150 (-8.6%)
Studio$1,150$1,750−$600 (-34.3%)
1BR$1,695$2,073−$377 (-18.2%)
1BR$2,407$2,073+$335 (+16.1%)
2BR$2,180$2,850−$670 (-23.5%)
2BR$2,700$2,850−$150 (-5.3%)
3BR$3,900$3,895+$5 (+0.1%)
3BR$3,900$3,895+$5 (+0.1%)
4BR$4,320$5,220−$899 (-17.2%)
4BR$3,700$5,220−$1,519 (-29.1%)

Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.

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