Monthly Rent Report
Pasadena Rent Report — December 2023
Asking rents in ZIP 91101, Los Angeles, from 103 listings.
Median 1BR rent in Pasadena was $2,045 in December 2023, down 26.3% (−$730) from November 2023 and down 14.8% year-over-year. The middle half of 1BR listings asked between $1,895 and $2,195. That puts Pasadena $84 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 103 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,295 | +$599 (+35.3%) | +$100 (+4.6%) | $2,295 – $2,295 | 2 |
| Studio | $2,100 | +$404 (+23.8%) | −$95 (-4.4%) | $1,700 – $2,397 | 78 |
| 1BR | $2,045 | −$730 (-26.3%) | −$355 (-14.8%) | $1,895 – $2,195 | 6 |
| 1BR | $2,195 | −$580 (-20.9%) | −$205 (-8.5%) | $2,195 – $2,195 | 1 |
| 2BR | $4,600 | +$950 (+26.0%) | +$1,805 (+64.6%) | $4,400 – $4,600 | 3 |
| 2BR | $3,950 | +$300 (+8.2%) | +$1,155 (+41.3%) | $3,704 – $3,950 | 3 |
| 3BR | $5,000 | $0 (0.0%) | +$755 (+17.8%) | $4,600 – $5,000 | 5 |
| 3BR | $5,000 | $0 (0.0%) | +$755 (+17.8%) | $4,600 – $5,000 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — December 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,295 | $1,750 | +$545 (+31.1%) |
| Studio | $2,100 | $1,750 | +$350 (+20.0%) |
| 1BR | $2,045 | $2,129 | −$84 (-3.9%) |
| 1BR | $2,195 | $2,129 | +$66 (+3.1%) |
| 2BR | $4,600 | $2,795 | +$1,805 (+64.6%) |
| 2BR | $3,950 | $2,795 | +$1,155 (+41.3%) |
| 3BR | $5,000 | $3,923 | +$1,078 (+27.5%) |
| 3BR | $5,000 | $3,923 | +$1,078 (+27.5%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.