Monthly Rent Report
Pasadena Rent Report — September 2023
Asking rents in ZIP 91103, Los Angeles, from 47 listings.
Median 1BR rent in Pasadena was $2,048 in September 2023, down 37.0% (−$1,201) from August 2023 and down 36.0% year-over-year. The middle half of 1BR listings asked between $2,024 and $2,071. That puts Pasadena $48 above the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 47 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,726 | +$926 (+51.4%) | −$591 (-17.8%) | $2,263 – $2,766 | 3 |
| Studio | $2,806 | +$1,006 (+55.9%) | −$511 (-15.4%) | $2,726 – $2,838 | 7 |
| 1BR | $2,048 | −$1,201 (-37.0%) | −$1,152 (-36.0%) | $2,024 – $2,071 | 2 |
| 1BR | $3,428 | +$179 (+5.5%) | +$228 (+7.1%) | $2,859 – $3,757 | 14 |
| 2BR | $2,295 | −$2,240 (-49.4%) | −$1,555 (-40.4%) | $2,295 – $2,295 | 1 |
| 2BR | $4,417 | −$118 (-2.6%) | +$567 (+14.7%) | $3,800 – $4,828 | 13 |
| 3BR | $3,598 | −$102 (-2.8%) | −$90 (-2.4%) | $3,499 – $3,696 | 2 |
| 3BR | $3,400 | −$300 (-8.1%) | −$287 (-7.8%) | $3,400 – $3,400 | 1 |
| 4BR | $4,200 | −$4,700 (-52.8%) | +$625 (+17.5%) | $4,200 – $4,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — September 2023
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,726 | $1,795 | +$931 (+51.9%) |
| Studio | $2,806 | $1,795 | +$1,011 (+56.3%) |
| 1BR | $2,048 | $2,000 | +$48 (+2.4%) |
| 1BR | $3,428 | $2,000 | +$1,428 (+71.4%) |
| 2BR | $2,295 | $2,750 | −$455 (-16.5%) |
| 2BR | $4,417 | $2,750 | +$1,667 (+60.6%) |
| 3BR | $3,598 | $3,948 | −$350 (-8.9%) |
| 3BR | $3,400 | $3,948 | −$547 (-13.9%) |
| 4BR | $4,200 | $5,000 | −$800 (-16.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.