Monthly Rent Report
Pasadena Rent Report — May 2023
Asking rents in ZIP 91103, Los Angeles, from 97 listings.
Median 1BR rent in Pasadena was $2,195 in May 2023, up 21.9% (+$395) from April 2023 and down 2.2% year-over-year. The middle half of 1BR listings asked between $2,195 and $2,195. That puts Pasadena $73 above the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 97 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,809 | −$17 (-0.6%) | +$1,114 (+65.7%) | $2,762 – $3,288 | 4 |
| Studio | $2,809 | −$17 (-0.6%) | +$1,114 (+65.7%) | $2,762 – $3,288 | 4 |
| 1BR | $2,195 | +$395 (+21.9%) | −$50 (-2.2%) | $2,195 – $2,195 | 1 |
| 1BR | $3,286 | +$1,486 (+82.6%) | +$1,041 (+46.4%) | $2,195 – $3,527 | 39 |
| 2BR | $4,399 | +$60 (+1.4%) | +$1,304 (+42.1%) | $3,512 – $4,681 | 36 |
| 2BR | $2,300 | −$2,039 (-47.0%) | −$795 (-25.7%) | $2,300 – $2,300 | 2 |
| 3BR | $3,800 | $0 (0.0%) | −$20 (-0.5%) | $3,800 – $3,800 | 2 |
| 3BR | $3,800 | $0 (0.0%) | −$20 (-0.5%) | $3,800 – $3,800 | 6 |
| 4BR | $7,800 | $0 (0.0%) | +$3,550 (+83.5%) | $7,800 – $7,800 | 2 |
| 4BR | $7,800 | $0 (0.0%) | +$3,550 (+83.5%) | $7,800 – $7,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — May 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,809 | $1,750 | +$1,059 (+60.5%) |
| Studio | $2,809 | $1,750 | +$1,059 (+60.5%) |
| 1BR | $2,195 | $2,122 | +$73 (+3.4%) |
| 1BR | $3,286 | $2,122 | +$1,164 (+54.9%) |
| 2BR | $4,399 | $2,780 | +$1,619 (+58.2%) |
| 2BR | $2,300 | $2,780 | −$480 (-17.3%) |
| 3BR | $3,800 | $3,943 | −$142 (-3.6%) |
| 3BR | $3,800 | $3,943 | −$142 (-3.6%) |
| 4BR | $7,800 | $5,000 | +$2,800 (+56.0%) |
| 4BR | $7,800 | $5,000 | +$2,800 (+56.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.