Monthly Rent Report
Pasadena Rent Report — July 2023
Asking rents in ZIP 91103, Los Angeles, from 49 listings.
Median 1BR rent in Pasadena was $2,250 in July 2023, down 27.5% (−$854) from June 2023 and down 12.2% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Pasadena $125 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 49 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | −$1,177 (-38.3%) | −$2,418 (-56.1%) | $1,845 – $1,945 | 2 |
| Studio | $3,119 | +$47 (+1.5%) | −$1,194 (-27.7%) | $2,988 – $3,546 | 4 |
| 1BR | $2,250 | −$854 (-27.5%) | −$311 (-12.2%) | $2,250 – $2,250 | 1 |
| 1BR | $3,251 | +$147 (+4.7%) | +$690 (+26.9%) | $2,854 – $3,507 | 13 |
| 2BR | $4,392 | +$2,242 (+104.3%) | −$608 (-12.2%) | $3,863 – $4,534 | 17 |
| 2BR | $3,895 | +$1,745 (+81.2%) | −$1,105 (-22.1%) | $3,845 – $3,945 | 2 |
| 3BR | $3,450 | −$350 (-9.2%) | −$150 (-4.2%) | $3,350 – $3,550 | 2 |
| 3BR | $3,500 | −$300 (-7.9%) | −$100 (-2.8%) | $3,500 – $3,500 | 1 |
| 4BR | $8,900 | +$1,550 (+21.1%) | +$3,400 (+61.8%) | $8,900 – $8,900 | 2 |
| 4BR | $6,900 | −$450 (-6.1%) | +$1,400 (+25.5%) | $5,550 – $7,900 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — July 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,800 | +$95 (+5.3%) |
| Studio | $3,119 | $1,800 | +$1,319 (+73.3%) |
| 1BR | $2,250 | $2,125 | +$125 (+5.9%) |
| 1BR | $3,251 | $2,125 | +$1,126 (+53.0%) |
| 2BR | $4,392 | $2,873 | +$1,519 (+52.9%) |
| 2BR | $3,895 | $2,873 | +$1,022 (+35.6%) |
| 3BR | $3,450 | $3,836 | −$386 (-10.1%) |
| 3BR | $3,500 | $3,836 | −$336 (-8.8%) |
| 4BR | $8,900 | $4,572 | +$4,328 (+94.7%) |
| 4BR | $6,900 | $4,572 | +$2,328 (+50.9%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in July 2023.