Monthly Rent Report
Pasadena Rent Report — January 2024
Asking rents in ZIP 91101, Los Angeles, from 280 listings.
Median 1BR rent in Pasadena was $2,795 in January 2024, up 36.7% (+$750) from December 2023 and up 5.4% year-over-year. The middle half of 1BR listings asked between $2,295 and $3,300. That puts Pasadena $699 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 280 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,198 | −$97 (-4.2%) | +$498 (+29.3%) | $1,708 – $2,422 | 30 |
| Studio | $1,700 | −$595 (-25.9%) | $0 (0.0%) | $1,700 – $1,700 | 1 |
| 1BR | $2,795 | +$750 (+36.7%) | +$144 (+5.4%) | $2,295 – $3,300 | 127 |
| 1BR | $2,595 | +$550 (+26.9%) | −$56 (-2.1%) | $2,595 – $2,595 | 1 |
| 2BR | $3,301 | −$1,299 (-28.2%) | −$185 (-5.3%) | $3,301 – $3,301 | 1 |
| 2BR | $3,481 | −$1,119 (-24.3%) | −$5 (-0.1%) | $2,933 – $4,248 | 96 |
| 3BR | $3,750 | −$1,250 (-25.0%) | −$5,250 (-58.3%) | $3,750 – $3,750 | 1 |
| 3BR | $4,600 | −$400 (-8.0%) | −$4,400 (-48.9%) | $4,500 – $6,200 | 23 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — January 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,198 | $1,750 | +$448 (+25.6%) |
| Studio | $1,700 | $1,750 | −$50 (-2.9%) |
| 1BR | $2,795 | $2,097 | +$699 (+33.3%) |
| 1BR | $2,595 | $2,097 | +$499 (+23.8%) |
| 2BR | $3,301 | $2,795 | +$506 (+18.1%) |
| 2BR | $3,481 | $2,795 | +$686 (+24.5%) |
| 3BR | $3,750 | $3,950 | −$200 (-5.1%) |
| 3BR | $4,600 | $3,950 | +$650 (+16.5%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.