Monthly Rent Report
Pasadena Rent Report — May 2024
Asking rents in ZIP 91101, Los Angeles, from 1,840 listings.
Median 1BR rent in Pasadena was $2,800 in May 2024, up 0.9% (+$25) from April 2024 and down 0.5% year-over-year. The middle half of 1BR listings asked between $2,682 and $2,975. That puts Pasadena $705 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 1,840 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,545 | +$645 (+33.9%) | +$945 (+59.1%) | $2,150 – $2,545 | 226 |
| Studio | $1,700 | −$200 (-10.5%) | +$100 (+6.3%) | $1,675 – $1,713 | 3 |
| 1BR | $2,800 | +$25 (+0.9%) | −$13 (-0.5%) | $2,682 – $2,975 | 681 |
| 1BR | $2,350 | −$425 (-15.3%) | −$463 (-16.5%) | $2,350 – $2,550 | 5 |
| 2BR | $3,723 | +$28 (+0.8%) | −$372 (-9.1%) | $3,574 – $3,989 | 765 |
| 2BR | $3,191 | −$504 (-13.6%) | −$904 (-22.1%) | $3,190 – $3,247 | 11 |
| 3BR | $3,300 | −$2,094 (-38.8%) | −$1,000 (-23.3%) | $3,300 – $3,300 | 1 |
| 3BR | $4,848 | −$546 (-10.1%) | +$548 (+12.7%) | $4,329 – $5,545 | 148 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,545 | $1,795 | +$750 (+41.8%) |
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| 1BR | $2,800 | $2,095 | +$705 (+33.7%) |
| 1BR | $2,350 | $2,095 | +$255 (+12.2%) |
| 2BR | $3,723 | $2,850 | +$873 (+30.6%) |
| 2BR | $3,191 | $2,850 | +$341 (+12.0%) |
| 3BR | $3,300 | $3,969 | −$668 (-16.8%) |
| 3BR | $4,848 | $3,969 | +$879 (+22.1%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.