Monthly Rent Report
Pasadena Rent Report — May 2023
Asking rents in ZIP 91101, Los Angeles, from 245 listings.
Median 1BR rent in Pasadena was $2,813 in May 2023, up 48.4% (+$918) from April 2023 and up 41.0% year-over-year. The middle half of 1BR listings asked between $2,475 and $3,033. That puts Pasadena $691 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 245 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | +$175 (+12.3%) | +$55 (+3.6%) | $1,600 – $1,600 | 1 |
| Studio | $2,000 | +$575 (+40.4%) | +$455 (+29.4%) | $1,775 – $2,460 | 33 |
| 1BR | $2,813 | +$918 (+48.4%) | +$818 (+41.0%) | $2,475 – $3,033 | 127 |
| 1BR | $1,995 | +$100 (+5.3%) | $0 (0.0%) | $1,995 – $1,995 | 1 |
| 2BR | $4,095 | +$478 (+13.2%) | +$599 (+17.1%) | $3,995 – $4,195 | 6 |
| 2BR | $3,445 | −$172 (-4.8%) | −$51 (-1.5%) | $2,975 – $3,985 | 65 |
| 3BR | $4,300 | −$1,195 (-21.7%) | +$1,100 (+34.4%) | $4,200 – $4,925 | 6 |
| 3BR | $4,300 | −$1,195 (-21.7%) | +$1,100 (+34.4%) | $4,200 – $4,925 | 6 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,750 | −$150 (-8.6%) |
| Studio | $2,000 | $1,750 | +$250 (+14.3%) |
| 1BR | $2,813 | $2,122 | +$691 (+32.6%) |
| 1BR | $1,995 | $2,122 | −$127 (-6.0%) |
| 2BR | $4,095 | $2,780 | +$1,315 (+47.3%) |
| 2BR | $3,445 | $2,780 | +$665 (+23.9%) |
| 3BR | $4,300 | $3,943 | +$358 (+9.1%) |
| 3BR | $4,300 | $3,943 | +$358 (+9.1%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.