Monthly Rent Report
Pasadena Rent Report — March 2024
Asking rents in ZIP 91101, Los Angeles, from 1,289 listings.
Median 1BR rent in Pasadena was $2,795 in March 2024, up 24.5% (+$550) from February 2024 and up 5.4% year-over-year. The middle half of 1BR listings asked between $2,707 and $3,085. That puts Pasadena $650 above the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 1,289 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2024 | Vs. March 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,369 | +$344 (+17.0%) | +$12 (+0.5%) | $1,960 – $2,545 | 119 |
| Studio | $2,400 | +$375 (+18.5%) | +$43 (+1.8%) | $2,213 – $2,400 | 3 |
| 1BR | $2,795 | +$550 (+24.5%) | +$144 (+5.4%) | $2,707 – $3,085 | 597 |
| 1BR | $2,595 | +$350 (+15.6%) | −$56 (-2.1%) | $2,248 – $2,600 | 11 |
| 2BR | $3,868 | +$673 (+21.0%) | +$668 (+20.9%) | $3,529 – $4,300 | 438 |
| 2BR | $2,395 | −$800 (-25.0%) | −$805 (-25.2%) | $2,395 – $2,395 | 2 |
| 3BR | $4,619 | +$19 (+0.4%) | −$181 (-3.8%) | $4,489 – $5,992 | 51 |
| 3BR | $4,593 | −$7 (-0.2%) | −$207 (-4.3%) | $4,489 – $6,044 | 68 |
Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,369 | $1,723 | +$647 (+37.5%) |
| Studio | $2,400 | $1,723 | +$678 (+39.3%) |
| 1BR | $2,795 | $2,145 | +$650 (+30.3%) |
| 1BR | $2,595 | $2,145 | +$450 (+21.0%) |
| 2BR | $3,868 | $2,850 | +$1,018 (+35.7%) |
| 2BR | $2,395 | $2,850 | −$455 (-16.0%) |
| 3BR | $4,619 | $3,762 | +$857 (+22.8%) |
| 3BR | $4,593 | $3,762 | +$831 (+22.1%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.