Monthly Rent Report
Pasadena Rent Report — August 2023
Asking rents in ZIP 91103, Los Angeles, from 42 listings.
Median 1BR rent in Pasadena was $1,000 in August 2023, down 55.6% (−$1,250) from July 2023 and down 50.6% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts Pasadena $1,100 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 42 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2023 | Vs. August 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | −$95 (-5.0%) | −$1,362 (-43.1%) | $1,800 – $1,800 | 1 |
| Studio | $2,505 | +$610 (+32.2%) | −$657 (-20.8%) | $2,200 – $2,810 | 2 |
| 1BR | $1,000 | −$1,250 (-55.6%) | −$1,025 (-50.6%) | $1,000 – $1,000 | 1 |
| 1BR | $3,249 | +$999 (+44.4%) | +$1,224 (+60.4%) | $2,700 – $3,605 | 16 |
| 2BR | $3,198 | −$697 (-17.9%) | −$1,264 (-28.3%) | $2,846 – $3,549 | 2 |
| 2BR | $4,535 | +$640 (+16.4%) | +$73 (+1.6%) | $4,104 – $4,856 | 15 |
| 3BR | $3,700 | +$250 (+7.2%) | +$100 (+2.8%) | $3,700 – $3,700 | 1 |
| 3BR | $6,250 | +$2,800 (+81.2%) | +$2,650 (+73.6%) | $5,125 – $7,375 | 2 |
| 4BR | $8,900 | +$2,000 (+29.0%) | +$3,915 (+78.5%) | $8,900 – $8,900 | 1 |
| 4BR | $8,900 | +$2,000 (+29.0%) | +$3,915 (+78.5%) | $8,900 – $8,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — August 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,775 | +$25 (+1.4%) |
| Studio | $2,505 | $1,775 | +$730 (+41.1%) |
| 1BR | $1,000 | $2,100 | −$1,100 (-52.4%) |
| 1BR | $3,249 | $2,100 | +$1,149 (+54.7%) |
| 2BR | $3,198 | $2,895 | +$303 (+10.4%) |
| 2BR | $4,535 | $2,895 | +$1,640 (+56.6%) |
| 3BR | $3,700 | $3,897 | −$197 (-5.1%) |
| 3BR | $6,250 | $3,897 | +$2,353 (+60.4%) |
| 4BR | $8,900 | $5,163 | +$3,738 (+72.4%) |
| 4BR | $8,900 | $5,163 | +$3,738 (+72.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in August 2023.