Monthly Rent Report
Pasadena Rent Report — March 2023
Asking rents in ZIP 91101, Los Angeles, from 351 listings.
Median 1BR rent in Pasadena was $2,050 in March 2023, up 0.2% (+$5) from February 2023 and down 18.0% year-over-year. The middle half of 1BR listings asked between $2,050 and $2,050. That puts Pasadena $47 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 351 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | −$627 (-28.2%) | −$55 (-3.3%) | $1,595 – $1,595 | 1 |
| Studio | $2,358 | +$135 (+6.1%) | +$708 (+42.9%) | $2,031 – $2,513 | 44 |
| 1BR | $2,050 | +$5 (+0.2%) | −$450 (-18.0%) | $2,050 – $2,050 | 1 |
| 1BR | $2,651 | +$606 (+29.6%) | +$151 (+6.0%) | $2,175 – $3,029 | 181 |
| 2BR | $3,575 | +$221 (+6.6%) | +$575 (+19.2%) | $3,000 – $3,888 | 103 |
| 2BR | $3,200 | −$154 (-4.6%) | +$200 (+6.7%) | $3,200 – $3,200 | 1 |
| 3BR | $4,500 | +$510 (+12.8%) | +$805 (+21.8%) | $4,056 – $4,800 | 13 |
| 3BR | $4,800 | +$810 (+20.3%) | +$1,105 (+29.9%) | $4,278 – $4,800 | 7 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,745 | −$150 (-8.6%) |
| Studio | $2,358 | $1,745 | +$613 (+35.1%) |
| 1BR | $2,050 | $2,097 | −$47 (-2.2%) |
| 1BR | $2,651 | $2,097 | +$554 (+26.4%) |
| 2BR | $3,575 | $2,750 | +$825 (+30.0%) |
| 2BR | $3,200 | $2,750 | +$450 (+16.4%) |
| 3BR | $4,500 | $3,923 | +$578 (+14.7%) |
| 3BR | $4,800 | $3,923 | +$878 (+22.4%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.