Monthly Rent Report
Pasadena Rent Report — August 2023
Asking rents in ZIP 91101, Los Angeles, from 126 listings.
Median 1BR rent in Pasadena was $2,960 in August 2023, up 0.7% (+$21) from July 2023 and down 0.2% year-over-year. The middle half of 1BR listings asked between $2,755 and $3,300. That puts Pasadena $860 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 126 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,173 | −$198 (-8.4%) | −$377 (-14.8%) | $1,969 – $2,661 | 14 |
| Studio | $1,725 | −$646 (-27.2%) | −$825 (-32.4%) | $1,725 – $1,725 | 1 |
| 1BR | $2,960 | +$21 (+0.7%) | −$6 (-0.2%) | $2,755 – $3,300 | 63 |
| 1BR | $3,650 | +$711 (+24.2%) | +$684 (+23.1%) | $3,650 – $3,650 | 1 |
| 2BR | $2,963 | −$982 (-24.9%) | +$340 (+13.0%) | $2,425 – $3,550 | 4 |
| 2BR | $3,695 | −$250 (-6.3%) | +$1,073 (+40.9%) | $3,351 – $3,998 | 39 |
| 3BR | $4,750 | +$250 (+5.6%) | −$45 (-0.9%) | $4,750 – $4,750 | 1 |
| 3BR | $5,630 | +$1,130 (+25.1%) | +$835 (+17.4%) | $5,443 – $6,343 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — August 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,173 | $1,775 | +$398 (+22.4%) |
| Studio | $1,725 | $1,775 | −$50 (-2.8%) |
| 1BR | $2,960 | $2,100 | +$860 (+41.0%) |
| 1BR | $3,650 | $2,100 | +$1,550 (+73.8%) |
| 2BR | $2,963 | $2,895 | +$68 (+2.3%) |
| 2BR | $3,695 | $2,895 | +$800 (+27.6%) |
| 3BR | $4,750 | $3,897 | +$853 (+21.9%) |
| 3BR | $5,630 | $3,897 | +$1,733 (+44.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.