Monthly Rent Report
Pasadena Rent Report — March 2023
Asking rents in ZIP 91103, Los Angeles, from 202 listings.
Median 1BR rent in Pasadena was $2,733 in March 2023, up 28.6% (+$608) from February 2023 and up 51.8% year-over-year. The middle half of 1BR listings asked between $2,659 and $2,815. That puts Pasadena $636 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 202 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,061 | −$116 (-3.7%) | +$350 (+12.9%) | $2,858 – $3,169 | 14 |
| Studio | $1,850 | −$1,327 (-41.8%) | −$861 (-31.8%) | $1,850 – $1,850 | 1 |
| 1BR | $2,733 | +$608 (+28.6%) | +$933 (+51.8%) | $2,659 – $2,815 | 4 |
| 1BR | $3,007 | +$882 (+41.5%) | +$1,207 (+67.1%) | $2,608 – $3,505 | 65 |
| 2BR | $2,295 | −$1,911 (-45.4%) | −$1,755 (-43.3%) | $2,295 – $2,295 | 1 |
| 2BR | $3,628 | −$578 (-13.8%) | −$422 (-10.4%) | $2,750 – $4,716 | 94 |
| 3BR | $4,000 | −$2,200 (-35.5%) | +$1,100 (+37.9%) | $3,650 – $4,300 | 9 |
| 3BR | $4,000 | −$2,200 (-35.5%) | +$1,100 (+37.9%) | $3,650 – $4,300 | 5 |
| 4BR | $6,025 | +$2,075 (+52.5%) | −$3,575 (-37.2%) | $4,175 – $8,050 | 4 |
| 4BR | $4,250 | +$300 (+7.6%) | −$5,350 (-55.7%) | $3,950 – $7,800 | 5 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — March 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,061 | $1,745 | +$1,316 (+75.4%) |
| Studio | $1,850 | $1,745 | +$105 (+6.0%) |
| 1BR | $2,733 | $2,097 | +$636 (+30.3%) |
| 1BR | $3,007 | $2,097 | +$910 (+43.4%) |
| 2BR | $2,295 | $2,750 | −$455 (-16.5%) |
| 2BR | $3,628 | $2,750 | +$878 (+31.9%) |
| 3BR | $4,000 | $3,923 | +$78 (+2.0%) |
| 3BR | $4,000 | $3,923 | +$78 (+2.0%) |
| 4BR | $6,025 | $4,760 | +$1,265 (+26.6%) |
| 4BR | $4,250 | $4,760 | −$510 (-10.7%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.