Monthly Rent Report
Pasadena Rent Report — February 2024
Asking rents in ZIP 91101, Los Angeles, from 948 listings.
Median 1BR rent in Pasadena was $2,795 in February 2024, up 7.7% (+$200) from January 2024 and up 36.7% year-over-year. The middle half of 1BR listings asked between $2,545 and $3,292. That puts Pasadena $600 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 948 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,025 | +$325 (+19.1%) | −$197 (-8.9%) | $2,010 – $2,088 | 3 |
| Studio | $2,395 | +$695 (+40.9%) | +$173 (+7.8%) | $2,045 – $2,545 | 89 |
| 1BR | $2,795 | +$200 (+7.7%) | +$750 (+36.7%) | $2,545 – $3,292 | 513 |
| 1BR | $2,245 | −$350 (-13.5%) | +$200 (+9.8%) | $2,245 – $2,245 | 1 |
| 2BR | $3,695 | +$214 (+6.1%) | +$341 (+10.2%) | $3,300 – $4,098 | 294 |
| 2BR | $3,195 | −$286 (-8.2%) | −$159 (-4.7%) | $2,920 – $3,245 | 3 |
| 3BR | $3,800 | +$50 (+1.3%) | −$190 (-4.8%) | $3,800 – $3,800 | 1 |
| 3BR | $4,600 | +$850 (+22.7%) | +$610 (+15.3%) | $3,786 – $6,238 | 44 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — February 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,025 | $1,750 | +$276 (+15.7%) |
| Studio | $2,395 | $1,750 | +$646 (+36.9%) |
| 1BR | $2,795 | $2,195 | +$600 (+27.3%) |
| 1BR | $2,245 | $2,195 | +$50 (+2.3%) |
| 2BR | $3,695 | $2,850 | +$845 (+29.6%) |
| 2BR | $3,195 | $2,850 | +$345 (+12.1%) |
| 3BR | $3,800 | $3,995 | −$195 (-4.9%) |
| 3BR | $4,600 | $3,995 | +$605 (+15.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.